LBI Real Estate Weekly Sales Update 04/17/2022-04/24/2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 04/17/2022-04/24/2022

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 04/17/2022-04/24/2022: There were 45 changes to the Long Beach Island real estate market this week, which has been a pretty consistent amount of activity from week to 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

• 12 new listings entered the market with an average price of $1,265,711

• 13 listings went under contract with an average listing price of about $1,960,231

• 8 properties sold on Long Beach Island with an average price of $1,585,500

• 3 listings saw price reductions in the LBI real estate market

LBI Real Estate Weekly Sales Update 04/17/2022-04/24/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
New Active	NJOC2009312	102 Roosevelt	Long Beach Township	$32,500
New Active	NJOC2009196	2307 Central Ave	Barnegat Light	$939,000
New Active	NJOC2009276	426 Dock Rd	Beach Haven	$999,000
New Active	NJOC2009232	40 Auburn	Long Beach Township	$1,275,000
New Active	NJOC2009210	214 2nd St	Beach Haven	$1,299,000
New Active	NJOC2009294	9213 Beach	Long Beach Township	$1,449,900
New Active	NJOC2009086	52-B Long Beach Blvd	Long Beach Township	$1,499,000
New Active	NJOC2009212	603 Broadway	Barnegat Light	$1,899,000
New Active	NJOC2009146	610 N Beach Ave	Beach Haven	$1,999,000
New Active	NJOC2009090	134 Belvoir Ave	Beach Haven	$3,150,000
New Active	NJOC2008612	19 W Dune Ln	Long Beach Township	$3,799,000
New Active	NJOC2009202	93-A & B Long Beach Blvd	Long Beach Township	$9,975,000
Back to Active	NJOC2006134	8 E 81st St	Harvey Cedars	$2,249,000
Back to Active	NJOC2008122	45-C Long Beach Blvd	Long Beach Township	$3,649,000
Price Decrease	NJOC2007732	224 5th St	Beach Haven	$1,149,000
Price Decrease	NJOC2008350	132 Laguna	Long Beach Township	$2,500,000
Price Decrease	NJOC2003640	275 W 27th St	Ship Bottom	$2,699,000
Active Under Contract	NJOC2008900	8 E New York Ave	Long Beach Township	$1,175,000
Pending	NJOC2008778	12 E Massachusetts Ave	Long Beach Township	$1,199,000
Pending	NJOC2007928	109 E 28th St	Long Beach Township	$1,399,000
Pending	NJOC2006572	6 W Carolina Ave	Long Beach Township	$1,475,000
Pending	NJOC2009206	237 W 27th St	Ship Bottom	$1,499,000
Pending	NJOC2004794	203 Berkeley Ave	Beach Haven	$1,599,000
Pending	NJOC2008764	6 E 29th St	Long Beach Township	$1,599,000
Pending	NJOC2004772	18 Buckingham Ave	Harvey Cedars	$1,895,000
Pending	NJOC2007780	18 E Sigsbee Ave	Long Beach Township	$1,899,000
Pending	NJOC2008836	33-W New York Ave	Long Beach Township	$2,300,000
Pending	NJOC2007598	107 Massachusetts	Long Beach Township	$2,450,000
Pending	NJOC2007042	5011 Long Beach Blvd	Long Beach Township	$2,499,000
Pending	NJOC2005978	199 Nautilus Dr	Long Beach Township	$4,495,000
Closed	NJOC2002456	1615 Central Ave #4	Ship Bottom	$465,000
Closed	NJOC2007172	130 S West Ave #203	Beach Haven	$899,000
Closed	NJOC2007604	6110 Long Beach Blvd	Long Beach Township	$915,000
Closed	NJOC2003862	4900-A Long Beach Blvd #A	Long Beach Township	$1,205,000
Closed	NJOC2007620	209 Jefferis Ave	Beach Haven	$1,500,000
Closed	NJOC2004578	1-W South 31st St	Long Beach Township	$1,535,000
Closed	NJOC409382	261 W 19th St	Ship Bottom	$2,015,000
Closed	NJOC405818	123 Mariners Ln	Long Beach Township	$4,150,000
Withdrawn	NJOC2006038	105 Maryland	Long Beach Township	$1,100,000
Withdrawn	NJOC2008784	1000 N Bay Ave #B-9	Beach Haven	$1,299,000
Expired	NJOC2003022	325 9th St	Beach Haven	$129,900
Expired	NJOC2006348	1002 N Beach Ave	Beach Haven	$1,435,000
Expired	NJOC2004028	9213 Beach	Long Beach Township	$1,499,900
Expired	NJOC2003996	2 E Tennessee	Long Beach Township	$2,499,999
Expired	NJOC2004036	93-A & B Long Beach Blvd	Long Beach Township	$9,975,000

LBI New Jersey Real Estate Sales Analysis

Activity was about the same this week. We say slightly more pending sale activity than we did new listings come on the market. Overall, the recent rise in interest rates has has little to no impact on the activuy levels of the LBI real estate market. There are 107 active listings in the MLS this week and 128 homes under contract. 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 04/17/2022-04/24/2022 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

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market