LBI Real Estate Sales Market Update May 7th 2019
- High Tides Digital Marketing
- May 7, 2019
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for May 7th 2019
Long Beach Island Real Estate
LBI NJ Real Estate Market Update May 7th The Long Beach Island real estate market had 16 changes to the MLS today. There were 2 new listings, 4 price reductions, 5 pending sales and 2 closings today. Below is a list of all activity in the LBI real estate market on Long Beach Island.
LBI Real Estate Sales Market Update May 7th 2019
Type | Chg Type | Street Number | Street Name | Municipality | Current Price | Sq Ft Total | DOM |
CONDO | NEW | 207 | 23rd St C | Ship Bottom | $389,000 | 700 | 0 |
SF | NEW | 28 | North Carolina | Long Beach Twp | $1,199,000 | 3,763 | 0 |
MUL | DOWN | 38 | 13th | Surf City | $745,000 | 1,000 | 32 |
SF | DOWN | 11 | Lillie | Long Beach Twp | $839,900 | 1,729 | 60 |
SF | DOWN | 122 | East 24 | Ship Bottom | $1,299,900 | 2,052 | 108 |
SF | DOWN | 121 | Indiana | Long Beach Twp | $3,595,000 | 5,495 | 36 |
CONDO | P | 1000 | Bay | Beach Haven Borough | $435,000 | 652 | 26 |
COM | P | 101 | 27th | Ship Bottom | $649,000 | 0 | 148 |
SF | P | 210 | Marine | Beach Haven Borough | $839,000 | 1,792 | 30 |
SF | P | 187 | Nautilus | Long Beach Twp | $1,050,000 | 1,750 | 108 |
SF | P | 29 | South 1st Street | Surf City | $1,175,000 | 2,000 | 78 |
MUL | C | 343 | 11th | Surf City | $699,000 | 1,872 | 26 |
SF | C | 12 | Virginia Ave | Long Beach Twp | $1,575,000 | 2,700 | 177 |
MUL | X | 2 | Oceanview | Long Beach Twp | $675,000 | 1,300 | 81 |
COM | X | 615 | Bay | Beach Haven Borough | $799,999 | 0 | 181 |
MUL | X | 615 | Bay | Beach Haven Borough | $799,999 | 965 | 181 |
Roughly a third of today's activity were pending sales. This is helpful for the overall state of the Long Beach Island real estate market. Year over year the number of sales are still lower than the past few year's highs so the more pending sales the better! It is encouraging to see that overall buyer confidence is still high on Long Beach Island. If you have any questions about buying, selling or investing in the LBI real estate market please do not hesitate to contact me.
By : Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
