LBI Real Estate Weekly Sales Update 02/13/2022-02/20/2022
- High Tides Digital Marketing
- Feb 20, 2022
- 4 min read
Updated: May 6
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 02/13/2022-02/20/2022
LBI Real Estate Weekly Sales Update 02/13/2022-02/20/2022: There were 43 changes to the Long Beach Island real estate market this week, which is a drop from last week and back down to the "normal" activity levels. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
7 new listings entered the market with an average price of $1,436,714
15 listings went under contract with an average listing price of about $1,341,727
10 properties sold on Long Beach Island with an average price of $1,333,650
2 listings saw price reductions in the LBI real estate market and 3 listings came back on the market after being under contract
LBI Real Estate Weekly Sales Update 02/13/2022-02/20/2022
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | MLS # | Address | City | Current Price – Decimal |
Coming Soon | NJOC2007732 | 224 5th St | Beach Haven | $1,390,000 |
Coming Soon | NJOC2007620 | 209 Jefferis Ave | Beach Haven | $1,599,000 |
New Active | NJOC2007604 | 6110 Long Beach Blvd | Long Beach Township | $915,000 |
New Active | NJOC2006744 | 9 W 29th St | Barnegat Light | $999,000 |
New Active | NJOC2007704 | 3 Macevoy | Long Beach Township | $1,175,000 |
New Active | NJOC2007688 | 322 N 6th St | Surf City | $1,179,000 |
New Active | NJOC2007644 | 1925 Virginia Ave | Beach Haven | $2,800,000 |
Back to Active | NJOC2003960 | 13 W 22nd St | Barnegat Light | $1,049,000 |
Back to Active | NJOC2002064 | 10 W 26th St | Barnegat Light | $1,299,000 |
Back to Active | NJOC2002128 | 57-B Long Beach #B | Long Beach Township | $7,895,000 |
Price Decrease | NJOC409364 | 3 E 78th St | Harvey Cedars | $1,699,999 |
Price Decrease | NJOC2004566 | 411 S Bay Ave S | Beach Haven | $2,395,000 |
Price Increase | NJOC409476 | 19 W Roosevelt Ave | Long Beach Township | $2,095,000 |
Active Under Contract | NJOC410166 | 11 E 74th St #3 | Harvey Cedars | $119,000 |
Active Under Contract | NJOC2000191 | 1707 Barnegat Ave | Ship Bottom | $899,999 |
Active Under Contract | NJOC2006254 | 105 Maryland Ave Ave | Long Beach Township | $1,100,000 |
Active Under Contract | NJOC2006038 | 105 Maryland | Long Beach Township | $1,100,000 |
Active Under Contract | NJOC2005774 | 107 E Lillie Ave | Long Beach Township | $2,949,900 |
Pending | NJOC410372 | 102 Roosevelt Ave W #BS -#33 | Long Beach Township | $29,500 |
Pending | NJOC410352 | 102 Rooservelt Ave W #BS- 25 | Long Beach Township | $29,500 |
Pending | NJOC2006170 | 310 S West Ave #K-3 | Beach Haven | $549,000 |
Pending | NJOC2004418 | 310 W West Ave #2J | Beach Haven | $750,000 |
Pending | NJOC2006848 | 2202 Central Ave | Ship Bottom | $1,200,000 |
Pending | NJOC2007218 | 9 Windward Rd | Long Beach Township | $1,300,000 |
Pending | NJOC2004578 | 1-W South 31st St | Long Beach Township | $1,699,000 |
Pending | NJOC2007088 | 130 Belvoir Ave | Beach Haven | $2,450,000 |
Pending | NJOC409038 | 3 E Atlantic Ave | Harvey Cedars | $2,700,000 |
Pending | NJOC2006638 | 42 Lighthouse Way | Long Beach Township | $3,250,000 |
Closed | NJOC2006174 | 356 N 5th St | Surf City | $825,000 |
Closed | NJOC2003086 | 283 W 18th St | Ship Bottom | $870,000 |
Closed | NJOC2003236 | 248 W 10th St | Ship Bottom | $905,000 |
Closed | NJOC2004336 | 3 Olsen Ave | Harvey Cedars | $1,087,500 |
Closed | NJOC2004354 | 134 W Maryland | Long Beach Township | $1,140,000 |
Closed | NJOC2001888 | 7 W 29th St | Barnegat Light | $1,200,000 |
Closed | NJOC2003302 | 2805 & 2804 Pennsylvania Ave | Long Beach Township | $1,550,000 |
Closed | NJOC2004718 | 5 Steven Ave | Long Beach Township | $1,669,000 |
Closed | NJOC2004208 | 402 Tidal Dr | Long Beach Township | $1,980,000 |
Closed | NJOC2002552 | 5 W 19th St | Long Beach Township | $2,110,000 |
Withdrawn | NJOC2006920 | 3903 Long Beach Blvd | Long Beach Township | $1,250,000 |
Canceled | NJOC2005202 | 13 E 11th St | Barnegat Light | $930,000 |
Expired | NJOC407242 | 304 W 10th St | Ship Bottom | $1,799,000 |
Expired | NJOC2001918 | 12 E 45th | Long Beach Township | $2,100,000 |
Expired | NJOC2004344 | 386 N 5th St | Surf City | $2,316,000 |
LBI New Jersey Real Estate Sales Analysis
The LBI real estate market has returned to the prevailing trends with pending sales far outpacing the number of new listings entering the market. There were roughly twice as many pending sales this week as there were new listings. There are 117 active listings in the MLS this week and 126 pending sales. For more information about buying, selling or investing in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 02/13/2022-02/20/2022 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
