LBI Real Estate Weekly Sales Update 06/04/2023-06/11/2023
- High Tides Digital Marketing
- Jun 12, 2023
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 06/04/2023-06/11/2023
LBI Real Estate Weekly Sales Update 06/04/2023-06/11/2023: Overall activity in the LBI real estate market picked up this week with 57 changes to the Long Beach Island real estate sales market. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
11 new listings entered the market with an average price of $2,658,636
14 listings went under contract with an average listing price of about $2,295,068
13 properties sold on Long Beach Island with an average price of $2,052,192
10 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 06/04/2023-06/11/2023
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 |
Coming Soon | NJOC2019034 | 3705 S Long Beach Blvd | Long Beach Township | LBI | $4,850,000 |
New Active | NJOC2019116 | 4300-C Long Beach | Long Beach Township | LBI | $899,000 |
New Active | NJOC2019008 | 243 W 11th St | Ship Bottom | LBI | $949,000 |
New Active | NJOC2018818 | 907 N Central Ave | Surf City | LBI | $1,100,000 |
New Active | NJOC2019012 | 6 W McKinley Ave. | Long Beach Township | LBI | $1,599,000 |
New Active | NJOC2019010 | 121 E Indiana | Long Beach Township | LBI | $1,925,000 |
New Active | NJOC2019040 | 13 E South 34th St | Long Beach Township | LBI | $2,379,000 |
New Active | NJOC2019032 | 9000 Beach Ave | Long Beach Township | LBI | $2,799,000 |
New Active | NJOC2018782 | 3911 Ocean | Long Beach Township | LBI | $3,250,000 |
New Active | NJOC2018602 | 805 S Bay Ave | Beach Haven | LBI | $3,495,000 |
New Active | NJOC2018556 | 67-A,B,C Long Beach Blvd | Long Beach Township | LBI | $6,000,000 |
Back to Active | NJOC2018438 | 5-East 15th | Long Beach Township | LBI | $2,300,000 |
Price Decrease | NJOC2018084 | 310 S West Ave #D-1 | Beach Haven | LBI | $770,000 |
Price Decrease | NJOC2018402 | 229 3rd St | Beach Haven | LBI | $849,000 |
Price Decrease | NJOC2017498 | 1082-A Long Beach Blvd | Long Beach Township | LBI | $1,349,000 |
Price Decrease | NJOC2015334 | 108, 110 N Bay Ave | Beach Haven | LBI | $1,350,000 |
Price Decrease | NJOC2016096 | 1078-F Long Beach Blvd | Long Beach Township | LBI | $1,495,000 |
Price Decrease | NJOC2015364 | 10 W Joan Rd | Long Beach Township | LBI | $1,499,000 |
Price Decrease | NJOC2017648 | 1210 Long Beach Blvd Unit B | Long Beach Township | LBI | $1,995,000 |
Price Decrease | NJOC2017656 | 1210 Long Beach Blvd Unit A | Long Beach Township | LBI | $1,995,000 |
Price Decrease | NJOC2017010 | 214 Iroquois Ave | Beach Haven | LBI | $2,199,000 |
Price Decrease | NJOC2015312 | 230 Fairview Ave | Beach Haven | LBI | $2,749,000 |
Active Under Contract | NJOC2017370 | 510 N Bay Ave #207 | Beach Haven | LBI | $799,000 |
Active Under Contract | NJOC2018262 | 7403 Long Beach Blvd | Harvey Cedars | LBI | $1,100,000 |
Active Under Contract | NJOC2014570 | 11 James St | Harvey Cedars | LBI | $1,595,000 |
Active Under Contract | NJOC2017102 | 1090 – E Long Beach Blvd | Long Beach Township | LBI | $2,099,000 |
Active Under Contract | NJOC2018688 | 26 Rosemma | Long Beach Township | LBI | $2,399,999 |
Active Under Contract | NJOC2018440 | 124 W Harmony Ave | Long Beach Township | LBI | $2,499,000 |
Pending | NJOC2015592 | 4 E Jerome Ave | Beach Haven | LBI | $999,949 |
Pending | NJOC2016718 | 227 E Essex Ave | Beach Haven | LBI | $1,250,000 |
Pending | NJOC2015142 | 8001 Long Beach Blvd | Harvey Cedars | LBI | $1,599,000 |
Pending | NJOC2017826 | 18 E 31st | Long Beach Township | LBI | $2,195,000 |
Pending | NJOC2017212 | 1208 S Beach Ave | Beach Haven | LBI | $2,199,999 |
Pending | NJOC2017678 | 8204 Bay Ter | Harvey Cedars | LBI | $2,300,000 |
Pending | NJOC2014156 | 116 E Jerome Ave | Long Beach Township | LBI | $2,495,000 |
Pending | NJOC2016598 | 122 E Wyoming | Long Beach Township | LBI | $8,599,999 |
Closed | NJOC2017758 | 514 Engleside Ave #A | Beach Haven | LBI | $560,000 |
Closed | NJOC2016960 | 116 E Maryland Ave | Long Beach Township | LBI | $975,000 |
Closed | NJOC2019018 | 223 N 8th St | Surf City | LBI | $1,450,000 |
Closed | NJOC2017944 | 1609 W West Ave | Beach Haven | LBI | $1,485,000 |
Closed | NJOC2017950 | 13 S Central Ave | Surf City | LBI | $1,575,000 |
Closed | NJOC2016876 | 33 Hideaway Drive | Long Beach Township | LBI | $1,890,000 |
Closed | NJOC2014674 | 83 W Tebco #C | Long Beach Township | LBI | $1,948,500 |
Closed | NJOC2007888 | 1096-B-West Unit Long Beach Blvd | Long Beach Township | LBI | $2,395,000 |
Closed | NJOC2016652 | 210 E 23rd St | Long Beach Township | LBI | $2,475,000 |
Closed | NJOC2016930 | 22 Virginia | Long Beach Township | LBI | $2,500,000 |
Closed | NJOC2015960 | 27 E 37th | Long Beach Township | LBI | $2,800,000 |
Closed | NJOC2017536 | 129 E 31st St | Ship Bottom | LBI | $3,125,000 |
Closed | NJOC2015596 | 127-C Long Beach Blvd | Long Beach Township | LBI | $3,500,000 |
Temporary Off Market | NJOC2018224 | 262 Tbd N 13th St | Surf City | LBI | $2,295,000 |
Withdrawn | NJOC2018060 | 11902 Long Beach | Long Beach Township | LBI | $1,299,000 |
Withdrawn | NJOC2017762 | 33 W Essex Ave | Harvey Cedars | LBI | $1,799,000 |
Withdrawn | NJOC2017118 | 4803 S Long Beach Blvd | Long Beach Township | LBI | $5,100,000 |
Canceled | NJOC2015118 | 232 W 16th St W | Ship Bottom | LBI | $1,695,000 |
Expired | NJOC2013114 | 17 15th | Long Beach Township | LBI | $1,950,000 |
Expired | NJOC2016264 | 2119 Blvd | Ship Bottom | LBI | $1,999,900 |
Expired | NJOC2015588 | 13 E South 34th St | Long Beach Township | LBI | $2,379,000 |
LBI New Jersey Real Estate Sales Analysis
Pending sales saw a big jump this week, which is expected. Over the past few weeks there have been more new listings and buyers are clearly absorbing this inventory. One of the pending sales was for over $8,000,000 so clearly confidence is high in the LBI real estate market. The number of closings jumped as well, with an average sales price over $2,000,000. There are 121 active listings in the MLS this week and 52pending sales. This is one of the lowest active listing counts we have seen in months. 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 09/05/2021-09/12/2021 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
