LBI Real Estate Weekly Sales 3/9/2020-3/15/2020
- High Tides Digital Marketing
- Mar 17, 2020
- 6 min read
Long Beach Island Real Estate Weekly Sales Update
LBI Real Estate Weekly Sales Update 3/9/2020-3/15/2020: There were a total 92 changes to the Long Beach Island real estate market this week. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
22 new listings entered the market with an average price of $1,344,365
14 listings went under contact with an average listing price of about $912,786
9 properties sold on Long Beach Island with an average price of $1,137,000
7 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales 3/9/2020-3/15/2020
Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW ACTIVE means it is a new or re-listed home, PRICE DECREASE means the price was reduced, PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing. Note this is for single family homes, condos, duplexes and commercial real estate listed by all local Long Beach Island real estate agencies.
Last Change Type | Cat | Address | City | Current Price – Decimal |
Coming Soon | RES | 12704 Long Beach | Long Beach Township | $1,199,000 |
Coming Soon | RES | 415 2nd St | Beach Haven | $1,319,000 |
Coming Soon | RES | 19 E 21st | Long Beach Township | $1,729,000 |
New Active | RES | 2915 Long Beach Blvd #C | Long Beach Township | $279,000 |
New Active | RES | 1000 N Bay Ave #M-11 | Beach Haven | $525,000 |
New Active | RES | 206 W Ship Bottom Ave | Ship Bottom | $711,000 |
New Active | RES | 14 Osborn Ave | Long Beach Township | $735,000 |
New Active | RES | 406 Amber St | Beach Haven | $779,000 |
New Active | MUL | 1 Kimberly | Long Beach Township | $799,000 |
New Active | RES | 1 E Kimberly | Long Beach Township | $799,000 |
New Active | RES | 19 E South 34th St | Long Beach Township | $905,000 |
New Active | RES | 229 12th St | Beach Haven | $939,900 |
New Active | RES | 1 Florida | Long Beach Township | $999,500 |
New Active | RES | 403 Tidal Dr | Long Beach Township | $1,095,000 |
New Active | RES | 358 N 6th St | Surf City | $1,100,000 |
New Active | RES | 1078-E Long Beach Blvd #1 | Long Beach Township | $1,149,000 |
New Active | RES | 1078-E Long Beach Blvd #2 | Long Beach Township | $1,149,000 |
New Active | RES | 2803 Long Beach | Long Beach Township | $1,599,000 |
New Active | RES | 155-C Long Beach Blvd. | Long Beach Township | $1,890,000 |
New Active | RES | 247 Oceana | Long Beach Township | $1,975,000 |
New Active | RES | 1605 N Ocean Ave | Surf City | $2,100,000 |
New Active | RES | 4403 Ocean | Long Beach Township | $2,850,000 |
New Active | RES | 134 E 20th St | Ship Bottom | $4,295,000 |
Back to Active | RES | 101 W 9th St #107 | Ship Bottom | $589,000 |
Back to Active | RES | 10 Cox Ave | Harvey Cedars | $624,900 |
Back to Active | RES | 325 Belvoir Ave | Beach Haven | $1,200,000 |
Back to Active | COMB | 305 N Bay Ave | Beach Haven | $1,399,000 |
Back to Active | COM | 305 N Bay Ave | Beach Haven | $1,399,000 |
Back to Active | LAND | 226 4th Street | Beach Haven | $1,399,000 |
Price Decrease | COM | 1901 Long Beach Blvd | Surf City | $199,000 |
Price Decrease | RES | 7700 Long Beach Blvd. #B | Long Beach Township | $339,000 |
Price Decrease | RES | 7903 Long Beach #B | Long Beach Township | $395,100 |
Price Decrease | RES | 9 W Carolina #2 | Long Beach Township | $415,000 |
Price Decrease | LAND | 1405 Long Beach Blvd | Long Beach Township | $499,000 |
Price Decrease | RES | 1405 Long Beach Blvd | Long Beach Township | $499,000 |
Price Decrease | RES | 11 E 40th #U1 | Long Beach Township | $524,000 |
Price Decrease | RES | 7711 Ocean #1 | Long Beach Township | $549,999 |
Price Decrease | RES | 5406 Long Beach Blvd | Harvey Cedars | $575,000 |
Price Decrease | RES | 6302 Long Beach Blvd | Harvey Cedars | $749,999 |
Price Decrease | MUL | 319 5th St | Beach Haven | $789,000 |
Price Decrease | RES | 3 Lange Ave | Harvey Cedars | $824,900 |
Price Decrease | MUL | 3 Lange Ave | Harvey Cedars | $824,900 |
Price Decrease | RES | 8312 Long Beach Blvd | Harvey Cedars | $849,000 |
Price Decrease | RES | 1701 Bay Terrace | Long Beach Township | $979,000 |
Price Decrease | RES | 10 E 17th St | Barnegat Light | $1,049,000 |
Price Decrease | RES | 185 Nautilus | Long Beach Township | $1,149,000 |
Price Decrease | RES | 9 E 44th | Long Beach Township | $1,375,000 |
Price Decrease | RES | 353 N 8th St | Surf City | $1,430,000 |
Price Decrease | RES | 1806 Bay Ter | Long Beach Township | $1,469,000 |
Price Decrease | RES | 4903 S Long Beach Blvd | Long Beach Township | $1,499,000 |
Price Decrease | RES | 12711-Beach Ave. Beach | Long Beach Township | $1,549,000 |
Price Decrease | RES | 5000-B Long Beach Blvd #B | Long Beach Township | $1,695,000 |
Price Decrease | RES | 13 E Middlesex Ave | Harvey Cedars | $1,735,000 |
Price Decrease | RES | 9 E Stanton Ave | Long Beach Township | $1,800,000 |
Price Decrease | RES | 6802 Kent Pl | Harvey Cedars | $1,985,000 |
Price Decrease | RES | 34 Lighthouse Way | Long Beach Township | $2,649,000 |
Active Under Contract | MUL | 304 W 14th St | Ship Bottom | $719,000 |
Active Under Contract | RES | 279 N 6th St | Surf City | $899,000 |
Active Under Contract | RES | 1040-D Long Beach Blvd | Long Beach Township | $919,000 |
Active Under Contract | RES | 54 W 80th St | Harvey Cedars | $925,000 |
Active Under Contract | RES | 61-D Sunset | Long Beach Township | $1,649,000 |
Active Under Contract | RES | 2 Taylor Ave | Beach Haven | $1,699,000 |
Pending | RES | 20 Washington Ave #1 | Long Beach Township | $339,000 |
Pending | RES | 5517 West Ave | Long Beach Township | $519,000 |
Pending | RES | 19 Joan Rd | Long Beach Township | $639,999 |
Pending | RES | 104 E 32nd #2 | Long Beach Township | $685,000 |
Pending | RES | 113 E Delaware Ave | Long Beach Township | $775,000 |
Pending | RES | 27 N 2nd St | Surf City | $775,000 |
Pending | MUL | 27 N 2nd St | Surf City | $775,000 |
Pending | RES | 1411 Atlantic Ave | Long Beach Township | $899,999 |
Pending | RES | 6605 Long Beach Blvd | Harvey Cedars | $999,999 |
Pending | RES | 332 W 4th St | Ship Bottom | $1,099,000 |
Pending | RES | 115 20th | Long Beach Township | $1,099,000 |
Pending | RES | 145-A Long Beach #A | Long Beach Township | $1,228,000 |
Pending | RES | 21 E Oceanview Ave | Long Beach Township | $1,450,000 |
Pending | RES | 222 E 2nd St | Beach Haven | $1,495,000 |
Closed | RES | 112 E 5th St | Ship Bottom | $675,000 |
Closed | RES | 2904 Beach Ave | Beach Haven | $715,000 |
Closed | RES | 164-B Long Beach | Long Beach Township | $800,000 |
Closed | RES | 4 E 30th St | Barnegat Light | $964,000 |
Closed | RES | 2 E Kentucky | Long Beach Township | $1,000,000 |
Closed | RES | 218 5th St | Beach Haven | $1,220,000 |
Closed | RES | 1409 S Beach Ave | Beach Haven | $1,350,000 |
Closed | RES | 6403-A Long Beach Blvd #A | Harvey Cedars | $1,599,000 |
Closed | RES | 1005 Seaview Ave | Barnegat Light | $1,910,000 |
Withdrawn | LAND | 113 E Delaware Ave | Long Beach Township | $775,000 |
Canceled | RES | 2 E Kentucky | Long Beach Township | $999,000 |
Canceled | RES | 1078 Long Beach Blvd #1 | Long Beach Township | $1,149,000 |
Canceled | RES | 1078-E Long Beach Blvd #2 | Long Beach Township | $1,149,000 |
Expired | RES | 14 E Jeanette Ave | Long Beach Township | $729,000 |
Expired | RES | 403 Tidal Dr | Long Beach Township | $1,095,000 |
Expired | RES | 247 Oceana | Long Beach Township | $1,975,000 |
LBI New Jersey Real Estate Sales Analysis
We are clearly in uncharted territory with the Cornovirus. The impact both globally and locally remains to be fully seen but for now, transactions are taking place on Long Beach Island. Buyer confidence seems to be holding steady and if the past is any indicator, the LBI real estate market will be fine. One interesting statistic to track in the common weeks is the number of homes that come back on the market. This can happen for any number of reasons (home inspections for example) but if we see a higher than average number of these taking place it could be a sign that buyers are stepping back. This week there were 5 listings that came back on the market. We will see what next week brings. 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 3/9/2020-3/15/2020 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
