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LBI Real Estate Weekly Sales Update 04/24/2022-05/01/2022

  • May 1, 2022
  • 5 min read

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 04/24/2022-05/01/2022

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LBI Real Estate Weekly Sales Update 04/24/2022-05/01/2022: The LBI NJ real estate market saw an explosion of activity this week with 64 changes to the MLS! It has been a very long time since we have seen that much inventory change in a single 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 20 new listings entered the market with an average price of $1,902,425

  • 14 listings went under contract with an average listing price of about $1,593,064

  • 15 properties sold on Long Beach Island with an average price of $1,321,767

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



LBI Real Estate Weekly Sales Update 04/24/2022-05/01/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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

Area

Current Price – Decimal

Coming Soon

NJOC2009332

217 N Long Beach Blvd

Surf City

LBI

$1,699,000

New Active

NJOC2009514

369 W 8th St #4

Ship Bottom

LBI

$925,000

New Active

NJOC2009392

418 Amber St

Beach Haven

LBI

$1,299,000

New Active

NJOC2009436

29 Bayberry

Long Beach Township

LBI

$1,450,000

New Active

NJOC2009462

116 N 4th St

Surf City

LBI

$1,599,000

New Active

NJOC2009084

2601 Long Beach Blvd

Ship Bottom

LBI

$999,999

New Active

NJOC2009450

7-A Long Beach Blvd

Long Beach Township

LBI

$10,000,000

New Active

NJOC2009460

1 And 2 7th And 8th St

Beach Haven

LBI

$5,000,000

New Active

NJOC2009012

222 N 19th St

Surf City

LBI

$1,899,000

New Active

NJOC2009430

363 W 6th St

Ship Bottom

LBI

$925,000

New Active

NJOC2009448

6200 Long Beach

Long Beach Township

LBI

$1,099,000

New Active

NJOC2008890

13 E 10th St

Barnegat Light

LBI

$1,599,000

New Active

NJOC2009314

9500 Beach

Long Beach Township

LBI

$1,395,000

New Active

NJOC2009404

23 E Seabreeze

Long Beach Township

LBI

$1,185,000

New Active

NJOC2009412

135-B Long Beach

Long Beach Township

LBI

$4,749,999

New Active

NJOC2008938

1108 Long Beach Blvd

Ship Bottom

LBI

$895,000

New Active

NJOC2009326

46 W Ohio Ave

Long Beach Township

LBI

$1,150,000

New Active

NJOC2009352

102 W Roosevelt #BOAT SLIPS 28, 29, 30 AVE

Long Beach Township

LBI

$129,000

New Active

NJOC2009348

1700 N Long Beach Blvd

Surf City

LBI

$18,000.00

New Active

NJOC2009312

102 Roosevelt ##21

Long Beach Township

LBI

$32,500

Back to Active

NJOC2001612

401 Broadway #24

Barnegat Light

LBI

$399,900

Price Decrease

NJOC2008340

605 Broadway

Barnegat Light

LBI

$1,649,000

Price Decrease

NJOC2003826

26 W Old Whaling

Long Beach Township

LBI

$1,900,000

Price Decrease

NJOC2006078

6808 Kent Pl

Harvey Cedars

LBI

$4,249,000

Price Decrease

NJOC2008768

12 N 9th St

Surf City

LBI

$3,598,000

Price Increase

NJOC2001502

1 And 2 7th And 8th St

Beach Haven

LBI

$5,000,000

Active Under Contract

NJOC2009164

102 E 20th St

Long Beach Township

LBI

$1,995,000

Active Under Contract

NJOC2009194

109 W 11th St

Ship Bottom

LBI

$1,999,000

Active Under Contract

NJOC2009210

214 2nd St

Beach Haven

LBI

$1,299,000

Active Under Contract

NJOC2008350

132 Laguna

Long Beach Township

LBI

$2,500,000

Active Under Contract

NJOC2009266

1621 N Long Beach Blvd

Surf City

LBI

$1,799,000

Active Under Contract

NJOC2007356

2602 Long Beach Blvd

Ship Bottom

LBI

$1,395,000

Active Under Contract

NJOC2008362

25 Alma

Long Beach Township

LBI

$1,899,900

Active Under Contract

NJOC2008900

8 E New York Ave

Long Beach Township

LBI

$1,175,000

Pending

NJOC2009276

426 Dock Rd

Beach Haven

LBI

$999,000

Pending

NJOC2006134

8 E 81st St

Harvey Cedars

LBI

$2,249,000

Pending

NJOC2008698

600 N Delaware Ave #9

Beach Haven

LBI

$1,100,000

Pending

NJOC2008066

1001 Ocean Ave #1016

Ship Bottom

LBI

$1,299,000

Pending

NJOC2004228

1607 N Long Beach Blvd

Surf City

LBI

$1,395,000

Pending

NJOC2008778

12 E Massachusetts Ave

Long Beach Township

LBI

$1,199,000

Closed

NJOC2002236

8 E. Bayberry

Long Beach Township

LBI

$2,000,000

Closed

NJOC2005488

243 N 18th St

Surf City

LBI

$1,350,000

Closed

NJOC2000450

415 N Bay Ave

Beach Haven

LBI

$1,250,000

Closed

NJOC2007780

18 E Sigsbee Ave

Long Beach Township

LBI

$1,825,000

Closed

NJOC2007688

322 N 6th St

Surf City

LBI

$1,265,000

Closed

NJOC2008632

238 W 13th St

Ship Bottom

LBI

$750,000

Closed

NJOC2005906

8701 Long Beach #TOP SOUTH UNIT B

Long Beach Township

LBI

$729,000

Closed

NJOC2000324

101 E Florida Ave

Long Beach Township

LBI

$2,775,000

Closed

NJOC2007968

116 N 15th St

Surf City

LBI

$620,000

Closed

NJOC408542

1817 Central Ave

Ship Bottom

LBI

$700,000

Closed

NJOC2007814

254 N 3rd St

Surf City

LBI

$1,301,000

Closed

NJOC409728

213 W 23rd St

Ship Bottom

LBI

$1,789,000

Closed

NJOC2004990

5 W 38th #U2

Beach Haven

LBI

$697,500

Closed

NJOC2006572

6 W Carolina Ave

Long Beach Township

LBI

$1,475,000

Closed

NJOC2001342

405 Amber St

Beach Haven

LBI

$1,300,000

Withdrawn

NJOC408836

1700 Long Beach Boulevard

Surf City

LBI

$75,000

Expired

NJOC2003854

4209 Ocean

Long Beach Township

LBI

$2,500,000

Expired

NJOC2003644

15 Ohio

Beach Haven

LBI

$2,500

Expired

NJOC408764

1901 Long Beach Boulevard

Long Beach Township

LBI

$1,495,000

Expired

NJOC2003656

369 W 8th St #4

Ship Bottom

LBI

$940,000

Expired

NJOC409476

19 W Roosevelt Ave

Long Beach Township

LBI

$2,095,000

Expired

NJOC2004248

13302 Long Beach

Long Beach Township

LBI

$1,199,000

Expired

NJOC2004106

2601 Long Beach Blvd

Ship Bottom

LBI

$1,295,000

Expired

NJOC2004070

119 Dolphin Ave

Beach Haven

LBI

$2,589,000


LBI New Jersey Real Estate Sales Analysis

While the overall activity jumped, the best news for buyers is the increase in the number of homes for sale. While it is a small increase, it is better than nothing! There are 186 active single-family home listings in the MLS this week and 90 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 04/24/2022-05/01/2022 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


 
 
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