LBI Real Estate Weekly Sales 3/3/2019-3/10/2019
- High Tides Digital Marketing
- Mar 10, 2019
- 6 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 3/3/2019-3/10/2019
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 3/3/2019-3/10/2019: Activity was steady on Long Beach Island. In total there were 82 changes to the MLS including 25 new listings! To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:
25 new listings entered the market with an average price of $1,067,000 (rounded)
11 listings went under contact with an average listing price of about $1,000,000 (rounded)
7 properties sold on Long Beach Island with an average price of $875,000 (rounded)
11 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales 3/3/2019-3/10/2019
Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW means it is a new or re-listed home, DOWN means the price was reduced, "P" means the property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired). Note this is for single family homes, condos, duplexes and commercial real estate listed by all local Long Beach Island real estate agencies.
Type | Chg Type | Type | Street Number | Street Name | Municipality | Current Price | Beds Total | Baths Full | Baths Half | Sq Ft Total | DOM |
CONDO | NEW | A | 20 | Washington | Long Beach Twp | $310,000 | 2 | 1 | 0 | 622 | 11 |
SF | NEW | A | 275 | 14th | Surf City | $488,000 | 5 | 1 | 1 | 1,400 | 8 |
SF | NEW | A | 247 | 11th | Ship Bottom | $510,000 | 2 | 2 | 0 | 918 | 7 |
SF | NEW | A | 369 | 8th | Ship Bottom | $540,000 | 3 | 2 | 0 | 1,226 | 3 |
SF | NEW | A | 216 | 11th | Surf City | $559,000 | 3 | 2 | 1 | 1,322 | 8 |
SF | NEW | A | 8005 | Long Beach | Long Beach Twp | $595,000 | 6 | 2 | 2 | 1,760 | 0 |
SF | NEW | A | 302 | 18th | Ship Bottom | $629,000 | 4 | 2 | 0 | 1,580 | 7 |
SF | NEW | A | 319 | 10th | Ship Bottom | $639,000 | 3 | 2 | 0 | 1,295 | 3 |
CONDO | NEW | A | 901 | Ocean Ave | Ship Bottom | $689,000 | 2 | 2 | 0 | 1,081 | 2 |
SF | NEW | A | 5 | Culver | Long Beach Twp | $798,000 | 4 | 2 | 0 | 1,428 | 1 |
SF | NEW | A | 10 | 6th | Surf City | $819,000 | 3 | 2 | 0 | 1,344 | 15 |
SF | NEW | A | 1215 | Central | Ship Bottom | $829,000 | 4 | 3 | 0 | 2,310 | 3 |
SF | NEW | A | 11 | Lillie | Long Beach Twp | $849,900 | 4 | 2 | 0 | 1,729 | 2 |
SF | NEW | A | 317 | 12th | Surf City | $889,900 | 4 | 3 | 0 | 1,854 | 6 |
SF | NEW | A | 1097 A | Long Beach | Long Beach Twp | $919,900 | 4 | 3 | 1 | 2,450 | 2 |
SF | NEW | A | 320 | Norwood | Beach Haven Borough | $950,000 | 3 | 2 | 0 | 0 | 4 |
SF | NEW | A | 1097 A | Long Beach | Long Beach Twp | $959,900 | 4 | 3 | 1 | 2,450 | 2 |
SF | NEW | A | 1601 | Long Beach Blvd. | Long Beach Twp | $999,950 | 4 | 3 | 1 | 2,360 | 3 |
SF | NEW | A | 103 | 15th | Ship Bottom | $1,395,000 | 5 | 4 | 1 | 3,270 | 1 |
SF | NEW | A | 6 | 22nd St. | Barnegat Light | $1,595,000 | 5 | 3 | 1 | 2,950 | 2 |
SF | NEW | A | 1097 A | Long Beach | Long Beach Twp | $1,859,900 | 8 | 6 | 2 | 4,900 | 2 |
SF | NEW | A | 200 | Atlantic | Beach Haven Borough | $2,430,000 | 10 | 11 | 1 | 5,447 | 10 |
SF | NEW | A | 15 | Ocean | Surf City | $3,295,000 | 6 | 4 | 1 | 3,700 | 5 |
COM | NEW | A | 200 | Atlantic | Beach Haven Borough | $2,430,000 | 0 | 0 | 0 | 0 | 10 |
MUL | NEW | A | 10 | Marshall | Long Beach Twp | $699,000 | 0 | 0 | 0 | 1,500 | 3 |
CONDO | BOM | A | 1805 | Long Beach | Ship Bottom | $459,000 | 2 | 1 | 1 | 1,398 | 223 |
CONDO | DOWN | A | 306 | 5th | Beach Haven Borough | $499,999 | 3 | 2 | 0 | 1,100 | 397 |
SF | DOWN | A | 8 | W. 28th | Barnegat Light | $599,000 | 3 | 1 | 0 | 1,128 | 249 |
SF | DOWN | A | 224 | 21st | Ship Bottom | $635,000 | 3 | 2 | 0 | 1,100 | 23 |
SF | DOWN | A | 18 | Harrington | Long Beach Twp | $649,900 | 5 | 3 | 0 | 1,748 | 126 |
SF | DOWN | A | 11 | 13th | Long Beach Twp | $679,000 | 3 | 1 | 1 | 1,120 | 597 |
SF | DOWN | A | 37 | South 34th Street | Long Beach Twp | $895,000 | 5 | 2 | 0 | 2,200 | 110 |
SF | DOWN | A | 234 | 22nd | Surf City | $899,000 | 3 | 3 | 0 | 1,192 | 65 |
SF | DOWN | A | 1 | Seabreeze | Long Beach Twp | $899,900 | 5 | 3 | 1 | 2,371 | 44 |
SF | DOWN | A | 32 | 15th | Surf City | $910,000 | 4 | 2 | 1 | 1,862 | 168 |
SF | DOWN | A | 2113 | Bay | Beach Haven Borough | $995,000 | 4 | 2 | 1 | 2,000 | 172 |
SF | DOWN | A | 12 | sailboat lane (89th) | Long Beach Twp | $1,214,000 | 4 | 3 | 1 | 2,113 | 122 |
SF | DOWN | A | 227 | 4th | Beach Haven Borough | $1,475,000 | 5 | 3 | 1 | 273 | |
SF | DOWN | A | 463 | Schoderer | Surf City | $1,599,000 | 4 | 2 | 1 | 2,753 | 33 |
SF | DOWN | A | 4 | East 85th | Harvey Cedars | $1,650,000 | 4 | 3 | 1 | 3,294 | 344 |
SF | DOWN | A | 121 | Alabama | Long Beach Twp | $2,299,000 | 4 | 3 | 1 | 2,700 | 44 |
SF | DOWN | A | 84 | Bayview | Long Beach Twp | $2,495,000 | 4 | 3 | 0 | 2,500 | 585 |
LND | DOWN | A | 14 | Albright | Long Beach Twp | $525,000 | 0 | 0 | 0 | 8,500 | 110 |
MUL | DOWN | A | 3 | Seabreeze | Long Beach Twp | $655,000 | 0 | 0 | 0 | 1,376 | 143 |
SF | UP | A | 5413 | West | Long Beach Twp | $995,000 | 4 | 2 | 1 | 1,932 | 1 |
SF | UP | A | 11501 | Long Beach | Long Beach Twp | $1,799,850 | 5 | 3 | 1 | 3,800 | 68 |
SF | UP | A | 116 | Lillie | Long Beach Twp | $1,949,000 | 6 | 5 | 1 | 2,966 | 26 |
SF | K | K | 810 | Bay Club | Beach Haven Borough | $950,000 | 3 | 2 | 1 | 1,500 | 20 |
SF | P | P | 1106 | Barnegat | Surf City | $450,000 | 3 | 1 | 0 | 985 | 30 |
CONDO | P | P | 10 | Osborn Unit 201 | Long Beach Twp | $499,900 | 4 | 2 | 1 | 1,445 | 89 |
SF | P | P | 16 | Shore | Surf City | $499,900 | 3 | 1 | 1 | 960 | 133 |
CONDO | P | P | 16 | Shore | Surf City | $499,900 | 3 | 1 | 1 | 960 | 53 |
SF | P | P | 30 | Sand Dune | Long Beach Twp | $549,999 | 4 | 1 | 1 | 924 | 25 |
SF | P | P | 7 | 27th | Barnegat Light | $849,000 | 2 | 1 | 0 | 768 | 259 |
SF | P | P | 3 | Warwick | Harvey Cedars | $895,000 | 4 | 2 | 0 | 1,600 | 8 |
SF | P | P | 140 | Long Beach | Long Beach Twp | $1,199,000 | 4 | 3 | 1 | 2,910 | 102 |
SF | P | P | 223 | 5th | Surf City | $1,299,000 | 4 | 3 | 1 | 2,500 | 8 |
SF | P | P | 1007 | Ocean | Surf City | $3,299,000 | 6 | 6 | 1 | 3,650 | 150 |
SF | W | W | 247 | 11th | Ship Bottom | $517,450 | 2 | 2 | 0 | 918 | 106 |
CONDO | W | W | 369 | 8th | Ship Bottom | $2,800 | 3 | 2 | 0 | 1,226 | 31 |
CONDO | V | V | 20 | 21st | Long Beach Twp | $399,000 | 3 | 1 | 0 | 1,000 | 62 |
SF | V | V | 319 | 10th | Ship Bottom | $639,000 | 3 | 2 | 0 | 1,295 | 210 |
SF | V | V | 10 | Marshall | Long Beach Twp | $699,000 | 4 | 2 | 0 | 1,500 | 63 |
SF | V | V | 15 | Ocean (N 1st St) | Surf City | $3,995,000 | 6 | 4 | 1 | 3,696 | 48 |
LND | V | V | 15 | Ocean (N 1st St) Lot 4 | Surf City | $1,850,000 | 0 | 0 | 0 | 0 | 55 |
LND | V | V | 15 | Ocean (N 1st St) Lot 3 | Surf City | $2,250,000 | 0 | 0 | 0 | 0 | 55 |
INOW | C | C | 12 | 78th Unit 2 | Harvey Cedars | $78,000 | 3 | 1 | 1 | 1,000 | 589 |
SF | C | C | 1 | Marshall | Long Beach Twp | $869,000 | 4 | 2 | 1 | 2,264 | 28 |
SF | C | C | 135 | Laguna Lane | Long Beach Twp | $900,000 | 4 | 3 | 0 | 1,800 | 101 |
SF | C | C | 3 | Arts | Long Beach Twp | $950,000 | 2 | 1 | 1 | 1,264 | 10 |
SF | C | C | 24 | Joshua | Long Beach Twp | $1,150,000 | 4 | 3 | 1 | 2,300 | 12 |
SF | C | C | 129 | Mac Evoy | Long Beach Twp | $1,262,500 | 5 | 2 | 1 | 2,358 | 10 |
MUL | C | C | 204 | 19th | Long Beach Twp | $912,500 | 0 | 0 | 0 | 1,008 | 79 |
SF | X | X | 906 | Central | Surf City | $679,000 | 4 | 1 | 1 | 1,260 | 194 |
SF | X | X | 4 | Magnolia | Long Beach Twp | $1,349,000 | 7 | 3 | 1 | 3,111 | 89 |
SF | X | X | 115 | Pearl | Beach Haven Borough | $1,849,000 | 8 | 4 | 1 | 3,429 | 157 |
SF | X | X | 8 B | East 69th Street | Harvey Cedars | $2,395,000 | 4 | 2 | 1 | 1,704 | 168 |
COM | X | X | 1901 | long beach | Surf City | $225,000 | 0 | 0 | 0 | 0 | 287 |
COM | X | X | 2103 | long beach | Ship Bottom | $449,000 | 0 | 0 | 0 | 0 | 9 |
COM | X | X | 2103 | long beach | Ship Bottom | $799,000 | 0 | 0 | 0 | 0 | 341 |
MUL | X | X | 314 | 16th | Ship Bottom | $649,900 | 0 | 0 | 0 | 1,830 | 182 |
MUL | X | X | 2 | Oceanview | Long Beach Twp | $675,000 | 0 | 0 | 0 | 1,300 | 32 |
LBI New Jersey Real Estate Sales Analysis
Overall LBI real estate market activity was a little slower especially in the pending and closed sales categories. That seems to be the trend we are witnessing right now with slower overall market activity. Prices seem to be holding steady and the surge of new inventory could certainly help to improve on the lower number of pending sales. For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 2/24/2019-3/3/2019 please do not hesitate to contact me.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
