LBI Real Estate Weekly Sales Update 04/02/2023-04/09/2023
- High Tides Digital Marketing
- Apr 10, 2023
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 04/02/2023-04/09/2023
LBI Real Estate Weekly Sales Update 04/02/2023-04/09/2023: There were only 47 changes to the Long Beach Island real estate market this week, and activity was evenly spread across the market with a slight advantage in 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 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
17 new listings entered the market
10 listings went under contract
7 properties sold on Long Beach Island
4 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 04/02/2023-04/09/2023
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Current Price |
Coming Soon | NJOC2017424 | 5111 West | Long Beach Township | $1,599,000 |
Coming Soon | NJOC2017492 | 101 E Sailboat | Long Beach Township | $1,895,000 |
Coming Soon | NJOC2015626 | 15 Cleveland Ave | Long Beach Township | $2,399,000 |
Coming Soon | NJOC2015630 | 13 Cleveland Ave | Long Beach Township | $2,399,000 |
New Active | NJOC2017436 | 101 W 9th St #108 | Ship Bottom | $815,000 |
New Active | NJOC2017452 | 600 N Delaware Ave #7 | Beach Haven | $1,195,000 |
New Active | NJOC2017292 | 108 W 14th St | Beach Haven | $1,200,000 |
New Active | NJOC2017498 | 1082-A Long Beach Blvd | Long Beach Township | $1,399,000 |
New Active | NJOC2017478 | 3 W Alabama | Long Beach Township | $1,550,000 |
New Active | NJOC2017382 | 328 N 13th St | Surf City | $1,850,000 |
New Active | NJOC2017656 | 1210 Long Beach #C BLVD | Long Beach Township | $2,149,000 |
New Active | NJOC2017648 | 1210 Long Beach Blvd Unit D | Long Beach Township | $2,149,000 |
New Active | NJOC2017618 | 288 N 12th St | Surf City | $2,299,000 |
New Active | NJOC2017432 | 9 W Ryerson Ln | Long Beach Township | $2,500,000 |
New Active | NJOC2017480 | 59 Holly Dr | Long Beach Township | $3,150,000 |
New Active | NJOC2017596 | 72 Auburn | Long Beach Township | $4,299,000 |
New Active | NJOC2017500 | 100 Essex Ave | Beach Haven | $6,499,000 |
Price Decrease | NJOC2017358 | 228 W 6th St | Ship Bottom | $999,990 |
Price Decrease | NJOC2016562 | 324 N 2nd St | Surf City | $1,324,000 |
Price Decrease | NJOC2011590 | 5-A Sunset | Long Beach Township | $1,545,000 |
Price Decrease | NJOC2015726 | 5300 West Ave | Long Beach Township | $1,599,000 |
Price Increase | NJOC2017536 | 129 E 31st St | Ship Bottom | $3,499,000 |
Active Under Contract | NJOC2016472 | 2806 Long Beach Blvd | Long Beach Township | $1,250,000 |
Active Under Contract | NJOC2017266 | 206 W 18th St | Ship Bottom | $1,325,000 |
Active Under Contract | NJOC2016572 | 1 E Surf Ave | Beach Haven | $2,195,000 |
Active Under Contract | NJOC2016180 | 17 N 12th St | Surf City | $2,695,000 |
Pending | NJOC2017302 | 102 Roosevelt Ave W #BS-21 | Long Beach Township | $48,000 |
Pending | NJOC2017552 | 2012 E Bay Ter | Ship Bottom | $650,000 |
Pending | NJOC2016306 | 9 W Hollybanks Ln | Long Beach Township | $1,100,000 |
Pending | NJOC2017110 | 13 E 41st #A | Long Beach Township | $1,495,000 |
Pending | NJOC2017250 | 177-B Long Beach | Long Beach Township | $1,899,000 |
Pending | NJOC2013634 | 301 N Beach Ave | Beach Haven | $2,299,000 |
Closed | NJOC2013846 | 1402 Central Ave #A | Ship Bottom | $510,000 |
Closed | NJOC2011686 | 8511 Long Beach | Long Beach Township | $1,100,000 |
Closed | NJOC2016114 | 11 E Bay Berry Dr | Long Beach Township | $1,200,000 |
Closed | NJOC2013660 | 1808 S Bay Ave | Beach Haven | $1,200,000 |
Closed | NJOC2016576 | 103 W Lavenia Ave | Long Beach Township | $1,600,000 |
Closed | NJOC2013662 | 57 Bayview Ave | Long Beach Township | $1,742,000 |
Closed | NJOC2004714 | 10-A E 68th St | Harvey Cedars | $5,195,000 |
Temporary Off Market | NJOC2015138 | 7 Pershing | Long Beach Township | $1,450,999 |
Withdrawn | NJOC2012428 | 8511 Long Beach | Long Beach Township | $1,274,000 |
Withdrawn | NJOC2010322 | 129 E 31st St | Ship Bottom | $3,579,000 |
Withdrawn | NJOC2008500 | 2 W Cleveland | Long Beach Township | $6,499,000 |
Canceled | NJOC2012736 | 9 Windward Rd | Long Beach Township | $3,495,000 |
Expired | NJOC2010762 | 12900 Long Beach Blvd | Beach Haven | $25.00 |
Expired | NJOC2013796 | 13600 Long Beach Blvd | Long Beach Township | $2,200,000 |
Expired | NJOC2015338 | 813 N Ocean Ave | Surf City | $3,799,000 |
LBI New Jersey Real Estate Sales Analysis
There were once again more new listings this week than there were pending sales, and while this was the largest increase we have seen in some time, it was still small with a new increase of only 7 listings. The number of homes for sale in the LBI real estate market remains very low, and so long as this trend maintains itself, which it seems to be doing, it is likley that prices will remain stable if not rise. 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 04/02/2023-04/09/2023 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
