LBI Real Estate Weekly Sales Update 04/18/2021-04/25/2021

Apr 25, 2021
5 min read

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 04/18/2021-04/25/2021

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 04/18/2021-04/25/2021: There were a total 66 changes to the Long Beach Island real estate market this week. The past several weeks have seen about the same number of changes to thee LBI real estate market each week, so I think we can assume this is a new "normal" amount of activity. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

23 new listings entered the market with an average price of $1,681,965
22 listings went under contract with an average listing price of about $1,712,173
16 properties sold on Long Beach Island with an average price of $1,047,375
3 listings were either withdrawn of expired in the LBI real estate market

LBI Real Estate Weekly Sales Update 04/18/2021-04/25/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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	NJOC409216	2 Buckingham Ave	Harvey Cedars	LBI	$1,790,000
Coming Soon	NJOC408806	1506 N Barnegat Ave	Surf City	LBI	$1,899,000
New Active	NJOC409160	116 Seabreeze	Long Beach Township	LBI	$1,400
New Active	NJOC409118	310 S Atlantic Ave #U7	Beach Haven	LBI	$399,000
New Active	NJOC409094	310 S Atlantic Ave #U2	Beach Haven	LBI	$399,000
New Active	NJOC409140	Jeanette Ave	Long Beach Township	LBI	$450,000
New Active	NJOC409110	103-B 28th	Long Beach Township	LBI	$599,900
New Active	NJOC409138	18 E Culver (76th St) Ave	Long Beach Township	LBI	$700,000
New Active	NJOC408876	310 S Atlantic Ave	Beach Haven	LBI	$798,000
New Active	NJOC408840	310 S Atlantic Ave	Beach Haven	LBI	$798,000
New Active	NJOC409206	4 Buckingham Ave	Harvey Cedars	LBI	$799,000
New Active	NJOC409052	16 W Harrington Ave #A	Long Beach Township	LBI	$899,900
New Active	NJOC409198	7 E Bayberry Dr	Long Beach Township	LBI	$949,000
New Active	NJOC408970	328 W 6th St	Ship Bottom	LBI	$999,000
New Active	NJOC409090	11 W Goldsborough Ave	Long Beach Township	LBI	$1,299,000
New Active	NJOC409046	11 W Goldsborough Ave	Long Beach Township	LBI	$1,299,000
New Active	NJOC408848	310 S Atlantic Ave #U6, U7, U8, U9A, U9B	Beach Haven	LBI	$2,200,000
New Active	NJOC409114	17 7th St	Beach Haven	LBI	$2,599,000
New Active	NJOC409070	602 N Long Beach Blvd	Surf City	LBI	$2,699,000
New Active	NJOC409066	602 N Long Beach Blvd	Surf City	LBI	$2,699,000
New Active	NJOC408854	310 S Atlantic Ave #2,3,6,7,8,9A,9B	Beach Haven	LBI	$2,800,000
New Active	NJOC408662	12 E 30th St	Barnegat Light	LBI	$3,499,000
New Active	NJOC408930	9 E 5th St	Barnegat Light	LBI	$4,900,000
New Active	NJOC408972	16 Long Beach Blvd	Long Beach Township	LBI	$4,999,999
Back to Active	NJOC408084	5 E 12th St	Barnegat Light	LBI	$1,299,000
Active Under Contract	NJOC409036	115 W Pennsylvania Avenue	Long Beach Township	LBI	$850,000
Active Under Contract	NJOC408738	811 W Bay Club Ln #7	Beach Haven	LBI	$949,900
Active Under Contract	NJOC408518	13003 Bayview	Long Beach Township	LBI	$999,000
Active Under Contract	NJOC408914	8 W 74th St	Harvey Cedars	LBI	$999,900
Active Under Contract	NJOC408782	110 E 14th	Long Beach Township	LBI	$1,624,000
Active Under Contract	NJOC408774	120 Beardsley	Long Beach Township	LBI	$1,725,000
Active Under Contract	NJOC408538	88 N Ohio Ave	Long Beach Township	LBI	$2,199,000
Active Under Contract	NJOC408844	4703 S Long Beach	Long Beach Township	LBI	$3,275,000
Pending	NJOC408924	204 S Atlantic Ave #104	Beach Haven	LBI	$425,000
Pending	NJOC407732	129 Pearl St #6	Beach Haven	LBI	$499,999
Pending	NJOC407846	361 N 9th St	Surf City	LBI	$824,999
Pending	NJOC408702	6305a Long Beach Blvd #A	Harvey Cedars	LBI	$997,500
Pending	NJOC408484	17 Connecticut	Long Beach Township	LBI	$1,059,000
Pending	NJOC407294	7604 Ocean Blvd.	Long Beach Township	LBI	$1,250,000
Pending	NJOC408960	13 37th	Long Beach Township	LBI	$1,299,500
Pending	NJOC408652	10100 Highland Ave	Long Beach Township	LBI	$1,500,000
Pending	NJOC2000022	44 Harbor Dr	Long Beach Township	LBI	$1,699,000
Pending	NJOC407658	147 W Jeanette Ave	Long Beach Township	LBI	$1,799,000
Pending	NJOC408210	119 Dolphin Ave	Beach Haven	LBI	$1,999,000
Pending	NJOC406716	2401 Bay Vista	Surf City	LBI	$2,499,000
Pending	NJOC404488	15 N Ocean Ave	Surf City	LBI	$4,195,000
Pending	NJOC408504	144-C Long Beach Blvd	Long Beach Township	LBI	$4,999,000
Closed	NJOC404576	2502 Long Beach Blvd. #3B	Ship Bottom	LBI	$630,000
Closed	NJOC409002	113 W 28th St	Ship Bottom	LBI	$648,000
Closed	NJOC397160	510 N Bay Ave #206	Beach Haven	LBI	$689,000
Closed	NJOC399672	101 W 9th St #305	Ship Bottom	LBI	$735,000
Closed	NJOC397176	510 N Bay Ave #202	Beach Haven	LBI	$739,000
Closed	NJOC403590	32 W South 32nd #C6	Long Beach Township	LBI	$925,000
Closed	NJOC403096	1 E 68th St	Harvey Cedars	LBI	$935,000
Closed	NJOC409030	130 E 7th St	Ship Bottom	LBI	$970,000
Closed	NJOC407484	5 Alexis Pl	Long Beach Township	LBI	$985,000
Closed	NJOC407666	5 W 4th St	Barnegat Light	LBI	$1,145,000
Closed	NJOC400496	7 W Harding Ave	Long Beach Township	LBI	$1,150,000
Closed	NJOC406906	9905 Beach Ave	Long Beach Township	LBI	$1,198,000
Closed	NJOC407602	108 S 1st St	Surf City	LBI	$1,240,000
Closed	NJOC407728	13500 N Atlantic Ave	Long Beach Township	LBI	$1,410,000
Closed	NJOC406744	2202 Central Ave	Barnegat Light	LBI	$1,649,000
Closed	NJOC406916	8 Mermaid Ln	Long Beach Township	LBI	$1,710,000
Expired	NJOC404924	11 E Mercer Ave #5	Harvey Cedars	LBI	$139,000
Expired	NJOC404418	9306 Mark Drive	Long Beach Township	LBI	$1,599,000
Expired	NJOC404464	5204 Ocean	Long Beach Township	LBI	$1,649,000

LBI New Jersey Real Estate Sales Analysis

For the third week in a row, there were more new listings than pending sales. While the total gain was small, just 1 more new listing than there were pending sales, a gain is a gain! This could be the start of some degree of balance returning to the 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 04/18/2021-04/25/2021 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

www.BuyLBI.com

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