LBI Real Estate Weekly Sales Update 04/24/2022-05/01/2022
- High Tides Digital Marketing
- 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
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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
