LBI Real Estate Weekly Sales Update 04/17/2022-04/24/2022
- High Tides Digital Marketing
- Apr 24, 2022
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 04/17/2022-04/24/2022
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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
