LBI Real Estate Weekly Sales Update 02/21/2021-02/28/2021
- High Tides Digital Marketing
- Feb 28, 2021
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 02/21/2021-02/28/2021
LBI Real Estate Weekly Sales Update 02/21/2021-02/28/2021: There were a total 74 changes to the Long Beach Island real estate market this week. In the pre-COVID market, this would have been a rather slow week however in the current market, this is a normal amount of activity thanks to the low levels of inventory. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
10 new listings entered the market with an average price of $1,549,540
25 listings went under contract with an average listing price of about $1,192,624
22 properties sold on Long Beach Island with an average price of $1,120,859
13 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 02/21/2021-02/28/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Area | Current Price – Decimal |
Coming Soon | NJOC407422 | 362 N 1st St | Surf City | LBI | $1,500,000 |
Coming Soon | NJOC2000022 | 44 Harbor Dr | Long Beach Township | LBI | $1,799,000 |
New Active | NJOC2000018 | 500 N Bay Ave #D | Beach Haven | LBI | $725,000 |
New Active | NJOC407068 | 18 W Rosemma | Long Beach Township | LBI | $879,000 |
New Active | NJOC2000066 | 4300-F Long Beach | Long Beach Township | LBI | $899,499 |
New Active | NJOC407200 | 275 W 27th St | Ship Bottom | LBI | $999,000 |
New Active | NJOC407464 | 161 Long Beach #D | Long Beach Township | LBI | $1,400,000 |
New Active | NJOC407478 | 15 S 2nd St | Surf City | LBI | $1,599,000 |
New Active | NJOC407366 | 1-D Sunset Blvd | Long Beach Township | LBI | $1,695,000 |
New Active | NJOC407052 | 126 Laguna Ln | Long Beach Township | LBI | $3,999,900 |
Back to Active | NJOC406186 | 22 Bond Ave | Long Beach Township | LBI | $2,295,000 |
Price Decrease | NJOC406554 | 112 N 3rd St | Surf City | LBI | $849,000 |
Price Decrease | NJOC397518 | 215 Centre St | Beach Haven | LBI | $1,489,000 |
Price Increase | NJOC407260 | 304 10th St St | Ship Bottom | LBI | $795,000 |
Active Under Contract | NJOC407254 | 124 E 17th St #2 | Ship Bottom | LBI | $329,900 |
Active Under Contract | NJOC406958 | 511 Barnegat Ave | Ship Bottom | LBI | $635,000 |
Active Under Contract | NJOC393004 | 508 Central Ave | Ship Bottom | LBI | $699,900 |
Active Under Contract | NJOC393002 | 508 Central Ave | Ship Bottom | LBI | $699,900 |
Active Under Contract | NJOC398540 | 1406 Bayview Ave | Barnegat Light | LBI | $799,000 |
Active Under Contract | NJOC406550 | 109 N 3rd St | Surf City | LBI | $819,000 |
Active Under Contract | NJOC406206 | 19 W Harrington | Long Beach Township | LBI | $839,000 |
Active Under Contract | NJOC407368 | 23 W Sailboat | Long Beach Township | LBI | $929,000 |
Active Under Contract | NJOC407376 | 2014 Beach Ave | Long Beach Township | LBI | $1,100,000 |
Active Under Contract | NJOC406216 | 1124-A Long Beach | Long Beach Township | LBI | $1,345,000 |
Active Under Contract | NJOC405484 | 20 W Lillie Ave | Long Beach Township | LBI | $1,899,000 |
Active Under Contract | NJOC406654 | 8302 Beach Ave | Long Beach Township | LBI | $1,924,999 |
Active Under Contract | NJOC405104 | 415 Jefferies Ave | Beach Haven | LBI | $2,800,000 |
Pending | NJOC407212 | 17 E 76th Unit 7 St | Harvey Cedars | LBI | $140,000 |
Pending | NJOC403456 | 137 E Maryland Ave E #4 | Long Beach Township | LBI | $499,000 |
Pending | NJOC405680 | 130 Chatsworth Ave #7 | Beach Haven | LBI | $574,900 |
Pending | NJOC397150 | 510 N Bay Ave #203 | Beach Haven | LBI | $679,000 |
Pending | NJOC397160 | 510 N Bay Ave #206 | Beach Haven | LBI | $689,000 |
Pending | NJOC2000024 | 504 Central Ave | Barnegat Light | LBI | $825,000 |
Pending | NJOC406848 | 1013-A Long Beach Boulevard #A | Long Beach Township | LBI | $1,195,000 |
Pending | NJOC406932 | 316 N 12th St | Surf City | LBI | $1,350,000 |
Pending | NJOC406814 | 61 Adrian Rd | Long Beach Township | LBI | $1,475,000 |
Pending | NJOC404252 | 7403 Ocean Blvd | Long Beach Township | LBI | $1,524,000 |
Pending | NJOC407414 | 6809 Suffolk Pl | Harvey Cedars | LBI | $1,750,000 |
Pending | NJOC405818 | 123 Mariners Ln | Long Beach Township | LBI | $4,295,000 |
Closed | NJOC406472 | 102 Roosevelt #BS12 | Long Beach Township | LBI | $35,000 |
Closed | NJOC405090 | 333 N 7th Street | Surf City | LBI | $735,000 |
Closed | NJOC397182 | 510 N Bay Ave #309 | Beach Haven | LBI | $749,000 |
Closed | NJOC405888 | 300 W 18th St | Ship Bottom | LBI | $750,000 |
Closed | NJOC396968 | 14 Osborn | Long Beach Township | LBI | $755,000 |
Closed | NJOC405614 | 1001 Ocean Ave #1021 | Ship Bottom | LBI | $783,000 |
Closed | NJOC404862 | 346 W 5th St | Ship Bottom | LBI | $800,000 |
Closed | NJOC406096 | 6 W Susan Ave | Long Beach Township | LBI | $850,000 |
Closed | NJOC404472 | 2 W Winifred | Long Beach Township | LBI | $924,500 |
Closed | NJOC406334 | 105 S Barnegat Ave | Surf City | LBI | $940,000 |
Closed | NJOC404684 | 109 E Mermaid Lane | Long Beach Township | LBI | $975,000 |
Closed | NJOC406956 | 16 W S Ave | Beach Haven | LBI | $975,000 |
Closed | NJOC401408 | 36 N 4th St | Surf City | LBI | $1,087,500 |
Closed | NJOC404842 | 124 8th St | Beach Haven | LBI | $1,100,000 |
Closed | NJOC406434 | 18 E 8th St | Barnegat Light | LBI | $1,150,000 |
Closed | NJOC402888 | 125 23rd Ave | Long Beach Township | LBI | $1,220,000 |
Closed | NJOC403268 | 1023-B Long Beach Blvd | Long Beach Township | LBI | $1,465,000 |
Closed | NJOC405534 | 15 N 2nd St | Surf City | LBI | $1,550,000 |
Closed | NJOC406180 | 12614 Beach Avenue | Long Beach Township | LBI | $1,705,000 |
Closed | NJOC405812 | 1016-B Long Beach Blvd #B | Long Beach Township | LBI | $1,775,000 |
Closed | NJOC405934 | 28 Kinsey Ln | Harvey Cedars | LBI | $1,935,000 |
Closed | NJOC402870 | 28 E 35th | Long Beach Township | LBI | $2,399,900 |
Temporary Off Market | NJOC405346 | 199 Nautilus Dr | Long Beach Township | LBI | $4,495,000 |
Withdrawn | NJOC406874 | 3205 Ocean #1 | Long Beach Township | LBI | $105,000 |
Withdrawn | NJOC401096 | 3205 Ocean #7 | Long Beach Township | LBI | $109,000 |
Withdrawn | NJOC137638 | 3205 Ocean Unit 8 Blvd | Long Beach Township | LBI | $119,000 |
Withdrawn | NJOC404924 | 11 E Mercer Ave #5 | Harvey Cedars | LBI | $139,000 |
Withdrawn | NJOC394474 | 504 Central Ave | Barnegat Light | LBI | $825,000 |
Withdrawn | NJOC404418 | 9306 Mark Drive | Long Beach Township | LBI | $1,599,000 |
Canceled | NJOC145264 | 16 Shore Ave #A | Surf City | LBI | $499,900 |
Canceled | NJOC147434 | 16 Shore Ave #A | Surf City | LBI | $499,900 |
Expired | NJOC402158 | 1607 Sunset Ave | Surf City | LBI | $639,000 |
Expired | NJOC402004 | 531 Engleside Ave | Beach Haven | LBI | $965,000 |
Expired | NJOC401914 | 26 N 24th St | Surf City | LBI | $1,100,000 |
Expired | NJOC396012 | 1415 Beach | Long Beach Township | LBI | $1,749,999 |
LBI New Jersey Real Estate Sales Analysis
As we have seen for the past year, the number of pending and closed transactions far outweighed the number of new listings coming on the market. As we end February, it is clear that buyer activity and the confidence level of buyers in the Long Beach Island real estate market is very high. The market still favors both buyers and sellers, so for the time being we seem to be in a very active and highly competitive market. 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 02/21/2021-02/28/2021 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
