LBI Real Estate Weekly Sales Update 03/26/2023-04/02/2023
- High Tides Digital Marketing
- Apr 2, 2023
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 03/26/2023-04/02/2023
LBI Real Estate Weekly Sales Update 03/26/2023-04/02/2023: With 44 changes to the Long Beach Island real estate market, activity was pretty balanced among new listings, pending sales and closed transactions. 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 on Long Beach Island NJ. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
14 new listings entered the market with an average price of $1,748,786
9 listings went under contract with an average listing price of about $2,752,333
5 properties sold on Long Beach Island with an average price of $1,394,800
10 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 03/26/2023-04/02/2023
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 |
Coming Soon | NJOC2017292 | 108 W 14th St | Beach Haven | LBI | $1,200,000 |
Coming Soon | NJOC2017382 | 328 N 13th St | Surf City | LBI | $1,850,000 |
New Active | NJOC2017302 | 102 Roosevelt Ave W #BS-21 | Long Beach Township | LBI | $48,000 |
New Active | NJOC2017378 | 601 N Delaware Ave #13 | Beach Haven | LBI | $750,000 |
New Active | NJOC2017370 | 510 N Bay Ave #207 | Beach Haven | LBI | $899,000 |
New Active | NJOC2017330 | 6412 Long Beach Blvd #B | Long Beach Township | LBI | $925,000 |
New Active | NJOC2017358 | 228 W 6th St | Ship Bottom | LBI | $1,050,000 |
New Active | NJOC2017220 | 215 8th St | Beach Haven | LBI | $1,300,000 |
New Active | NJOC2017266 | 206 W 18th St | Ship Bottom | LBI | $1,325,000 |
New Active | NJOC2017234 | 19 Buckingham Ave | Harvey Cedars | LBI | $1,349,000 |
New Active | NJOC2016884 | 13 W 79th St | Harvey Cedars | LBI | $1,399,000 |
New Active | NJOC2015726 | 5300 West Ave | Long Beach Township | LBI | $1,699,000 |
New Active | NJOC2017356 | 25 E 49th | Long Beach Township | LBI | $1,999,000 |
New Active | NJOC2017326 | 67-D Long Beach Blvd | Long Beach Township | LBI | $8,690,000 |
Price Decrease | NJOC2014274 | 6110 Long Beach | Long Beach Township | LBI | $950,000 |
Price Decrease | NJOC2016246 | 51 N 24th Street | Surf City | LBI | $1,049,000 |
Price Decrease | NJOC2016068 | 2420 Long Beach Blvd | Ship Bottom | LBI | $1,099,000 |
Price Decrease | NJOC2016718 | 227 E Essex Ave | Beach Haven | LBI | $1,250,000 |
Price Decrease | NJOC2016014 | 12 N Barnegat Ave | Surf City | LBI | $1,299,000 |
Price Decrease | NJOC2016252 | 47 N 24th Street | Surf City | LBI | $1,399,000 |
Price Decrease | NJOC2016654 | 321 W 4th St | Ship Bottom | LBI | $1,399,900 |
Price Decrease | NJOC2016208 | 10 Shore Rd | Surf City | LBI | $2,150,000 |
Price Decrease | NJOC2015932 | 1 E 69th St | Harvey Cedars | LBI | $2,795,000 |
Price Decrease | NJOC2012802 | 2015 Beach Avenue | Long Beach Township | LBI | $3,049,000 |
Active Under Contract | NJOC2016306 | 9 W Hollybanks Ln | Long Beach Township | LBI | $1,100,000 |
Active Under Contract | NJOC2016956 | 258 N 6th St | Surf City | LBI | $1,599,000 |
Active Under Contract | NJOC2010964 | 101 Starr Ave | Long Beach Township | LBI | $1,749,000 |
Active Under Contract | NJOC2016898 | 1020-B Long Beach Blvd | Long Beach Township | LBI | $2,499,000 |
Active Under Contract | NJOC2015960 | 27 E 37th | Long Beach Township | LBI | $2,849,999 |
Active Under Contract | NJOC2017242 | 31 E 37th | Long Beach Township | LBI | $2,949,999 |
Active Under Contract | NJOC2016690 | 1 E 10th St | Beach Haven | LBI | $4,950,000 |
Pending | NJOC2016770 | 127 E 18th St | Ship Bottom | LBI | $1,875,000 |
Pending | NJOC2015292 | 44-E Long Beach Blvd | Long Beach Township | LBI | $5,199,000 |
Closed | NJOC2016368 | 310 S West Ave #C-2 | Beach Haven | LBI | $675,000 |
Closed | NJOC2016016 | 212 Pelham Ave #2 | Beach Haven | LBI | $859,000 |
Closed | NJOC2013504 | 3 Bay Shore Rd | Long Beach Township | LBI | $990,000 |
Closed | NJOC2015988 | 301 N 4th St | Surf City | LBI | $2,000,000 |
Closed | NJOC2015728 | 20 E 7th St | Beach Haven | LBI | $2,450,000 |
Temporary Off Market | NJOC2015718 | 281 W Riviera | Long Beach Township | LBI | $3,239,000 |
Expired | NJOC2014856 | 218 Coral St #1 | Beach Haven | LBI | $1,100,000 |
Expired | NJOC2014854 | 218 Coral St #1 | Beach Haven | LBI | $1,100,000 |
Expired | NJOC2013736 | 907 N Central Ave | Surf City | LBI | $1,300,000 |
Expired | NJOC2014652 | 7 W 51st | Long Beach Township | LBI | $1,399,000 |
Expired | NJOC2013634 | 301 N Beach Ave | Beach Haven | LBI | $2,299,000 |
LBI New Jersey Real Estate Sales Analysis
We have seen inventory slowly increasing over the past few weeks, but it is important to note that these increases are very small. In any given week, there is only a difference of 2-4 more listings than pending sales each week. Overall activity remains very strong, and buyers are still entering into transactions with confidence when a good home comes on the market at the right price. There are 130 active listings in the MLS this week and 57 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 03/26/2023-04/02/2023 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
