top of page

LBI Real Estate Weekly Sales Update 05-12-2024 to 05-19-2024

  • May 19, 2024
  • 5 min read

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 05-12-2024 to 05-19-2024

LBI Real Estate Weekly Sales Update 05-12-2024 to 05-19-2024

LBI Real Estate Weekly Sales Update 05-12-2024 to 05-19-2024: It was a busy week in the LBI real estate market with 46 changes to the MLS. There were more pending sales this week than there were new listings, which is a challenge for home buyers on Long Beach Island. In addition to this LBI real estate weekly sales update, be sure to visit my monthly analysis of home sales on Long Beach Island NJ. This page tracks all activity in the Long Beach Island real estate market month by month and helps to give buyers, sellers, and investors some good insight into LBI real estate market activity. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 8 new listings entered the market with an average price of $2,132,125

  • 10 listings went under contract with an average listing price of about $1,496,190

  • 9 properties sold on Long Beach Island with an average price of $3,649,444

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



LBI Real Estate Weekly Sales Update 05-12-2024 to 05-19-2024

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 lowered, PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing. Note that this is for single-family homes, condos, duplexes, and commercial real estate listed by all local Long Beach Island real estate agencies, and all data is taken from the Bright MLS system.

Last Change Type

MLS #

Address

City

Area

Zip Code

Current Price

Coming Soon

NJOC2025978

2 E 15th

Long Beach Township

LBI

Zip Code 08008

$1,699,000

Coming Soon

NJOC2025918

102 E South 34th St

Long Beach Township

LBI

Zip Code 08008

$3,390,000

New Active

NJOC2025730

324 W 7th St

Ship Bottom

LBI

Zip Code 08008

$970,000

New Active

NJOC2025834

31 W Sand Dune Ln

Long Beach Township

LBI

Zip Code 08008

$999,000

New Active

NJOC2025832

2101 Central Ave

Ship Bottom

LBI

Zip Code 08008

$1,745,000

New Active

NJOC2025826

1405 N Long Beach Blvd

Surf City

LBI

Zip Code 08008

$2,675,000

New Active

NJOC2025816

1403 N Long Beach Blvd

Surf City

LBI

Zip Code 08008

$2,680,000

New Active

NJOC2025956

409 Tidal Dr

Long Beach Township

LBI

Zip Code 08008

$2,899,000

Back to Active

NJOC2020168

1916 W Bay Ter

Ship Bottom

LBI

Zip Code 08008

$1,100,000

Price Decrease

NJOC2024860

273 N 12th #FL 1

Surf City

LBI

Zip Code 08008

$3,250

Price Decrease

NJOC2024744

2116 N Long Beach Blvd

Surf City

LBI

Zip Code 08008

$1,695,000

Price Decrease

NJOC2024916

100 E Muriel

Long Beach Township

LBI

Zip Code 08008

$1,795,000

Price Decrease

NJOC2020266

287 W 27th St

Ship Bottom

LBI

Zip Code 08008

$2,299,000

Price Decrease

NJOC2025368

18 E Coughlan (72nd St) Ave

Long Beach Township

LBI

Zip Code 08008

$2,795,000

Price Decrease

NJOC2020994

10 E 11th St

Beach Haven

LBI

Zip Code 08008

$3,995,000

Price Decrease

NJOC2023330

132-D Long Beach Boulevard

Long Beach Township

LBI

Zip Code 08008

$4,095,000

Price Decrease

NJOC2025100

4703 S Long Beach Blvd

Long Beach Township

LBI

Zip Code 08008

$4,650,000

Price Decrease

NJOC2023490

67-B Long Beach Blvd

Long Beach Township

LBI

Zip Code 08008

$4,699,900

Active Under Contract

NJOC2025810

6513 Harvest Ave

Harvey Cedars

LBI

Zip Code 08008

$599,000

Active Under Contract

NJOC2024194

50 W 5 St #11

Barnegat Light

LBI

Zip Code 08008

$1,185,000

Active Under Contract

NJOC2025828

11 E 13th St

Barnegat Light

LBI

Zip Code 08008

$1,300,000

Active Under Contract

NJOC2025508

43 N 9th St

Surf City

LBI

Zip Code 08008

$1,499,000

Active Under Contract

NJOC2024680

103 Osborn Ave

Long Beach Township

LBI

Zip Code 08008

$1,799,000

Active Under Contract

NJOC2025534

27 E 46th

Long Beach Township

LBI

Zip Code 08008

$2,749,900

Pending

NJOC2024114

909 N. Bay Avenue #FLOOR 1

Beach Haven

LBI

Zip Code 08008

$55,000

Pending

NJOC2025392

110 E 23rd Street #8

Ship Bottom

LBI

Zip Code 08008

$875,000

Pending

NJOC2024908

83 W Tebco Terrace #B

Long Beach Township

LBI

Zip Code 08008

$2,174,999

Pending

NJOC2025658

28 E Ocean View Dr

Long Beach Township

LBI

Zip Code 08008

$2,725,000

Closed

NJOC2024518

310 W West Ave #C2

Beach Haven

LBI

Zip Code 08008

$825,000

Closed

NJOC2024520

510 N Bay Ave #302

Beach Haven

LBI

Zip Code 08008

$1,000,000

Closed

NJOC2023944

31 W 87th St

Long Beach Township

LBI

Zip Code 08008

$1,285,000

Closed

NJOC2023796

333 W 11th St

Ship Bottom

LBI

Zip Code 08008

$1,350,000

Closed

NJOC2024790

287 N 16th St

Surf City

LBI

Zip Code 08008

$1,485,000

Closed

NJOC2023310

197 Nautilus Dr

Long Beach Township

LBI

Zip Code 08008

$4,450,000

Closed

NJOC2018290

19-B Long Beach Blvd

Long Beach Township

LBI

Zip Code 08008

$6,750,000

Closed

NJOC2014470

59-D Long Beach Blvd

Long Beach Township

LBI

Zip Code 08008

$7,200,000

Closed

NJOC2019846

1027-C Long Beach

Long Beach Township

LBI

Zip Code 08008

$8,500,000

Temporary Off Market

NJOC2025768

1 Thomas Ave

Harvey Cedars

LBI

Zip Code 08008

$3,199,000

Withdrawn

NJOC2023948

31 W 87th St

Long Beach Township

LBI

Zip Code 08008

$1,299,000

Canceled

NJOC2018306

1817 N Ocean Ave

Surf City

LBI

Zip Code 08008

$4,299,000

Expired

NJOC2022920

241 W 9th Ave #APT 1

Ship Bottom

LBI

Zip Code 08008

$2,500

Expired

NJOC2018544

1701 West Ave

Beach Haven

LBI

Zip Code 08008

$1,849,000

Expired

NJOC2021900

1302 Central Ave

Barnegat Light

LBI

Zip Code 08008

$2,149,000

Expired

NJOC2021990

34-B Long Beach Blvd

Long Beach Township

LBI

Zip Code 08008

$2,349,000

Expired

NJOC2022896

166-D Marina Blvd

Long Beach Township

LBI

Zip Code 08008

$2,495,000

Expired

NJOC2018602

805 S Bay Ave

Beach Haven

LBI

Zip Code 08008

$3,395,000



LBI New Jersey Real Estate Sales Analysis

There was significant activity in the LBI real estate market this week, which is normal for the time of year. Buyers look to finalize their home purchase before the start of the summer season and we are a short week away from Memorial Day Weekend (the unofficial start of summer 2024 on Long Beach Island). There are 113 active listings in the MLS this week and 45 pending sales. Inventory has been on a down trend after rising above 100 listings about 2 weeks ago. The new inventory is being absorbed by buyers, and this shows the strength of the demand for LBI real estate 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 05-12-2024 to 05-19-2024, 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


 
 
bottom of page