LBI Real Estate Weekly Sales Update 06-09-2024 to 06-16-2024
- High Tides Digital Marketing
- Jun 16, 2024
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 06-09-2024 to 06-16-2024
LBI Real Estate Weekly Sales Update 06-09-2024 to 06-16-2024: There were only 45 changes to the Long Beach Island real estate market this week, making it one of the slower weeks we have recently seen. While overall activity was slower, there were more new listings than pending sales, which is welcomed news for buyers. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
14 new listings entered the market with an average price of $1,790,500
11 listings went under contract with an average listing price of about $2,469,882
5 properties sold on Long Beach Island with an average price of $1,934,200
11 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 06-09-2024 to 06-16-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Current Price |
Coming Soon | NJOC2026562 | 325 S 2nd St | Surf City | LBI | $998,000 |
Coming Soon | NJOC2026492 | 259 S 2nd St | Surf City | LBI | $1,899,000 |
Coming Soon | NJOC2026418 | 313 Essex Ave | Beach Haven | LBI | $1,950,000 |
Coming Soon | NJOC2026466 | 29 Antioch | Long Beach Township | LBI | $2,000,000 |
New Active | NJOC2026440 | 5515 Long Beach | Long Beach Township | LBI | $425,000 |
New Active | NJOC2026422 | 111 E 6th St #2 | Ship Bottom | LBI | $575,000 |
New Active | NJOC2026360 | 373 W 8th St | Ship Bottom | LBI | $1,249,000 |
New Active | NJOC2026480 | 2401 N Central Ave | Surf City | LBI | $1,525,000 |
New Active | NJOC2026100 | 4 Olsen Ave | Harvey Cedars | LBI | $1,749,000 |
New Active | NJOC2026438 | 107 E 19th | Ship Bottom | LBI | $1,999,000 |
New Active | NJOC2026514 | 112 E Sailboat Dr | Long Beach Township | LBI | $2,349,000 |
New Active | NJOC2026454 | 10 Arnold | Long Beach Township | LBI | $2,450,000 |
New Active | NJOC2026506 | 12 E 20th St | Barnegat Light | LBI | $2,599,000 |
New Active | NJOC2026434 | 127 E Ryerson Ln | Long Beach Township | LBI | $3,300,000 |
Price Decrease | NJOC2023196 | 242 W 15th St #1 | Ship Bottom | LBI | $655,000 |
Price Decrease | NJOC2023214 | 242 W 15th #2 | Ship Bottom | LBI | $685,000 |
Price Decrease | NJOC2024172 | 2109 Central Ave | Ship Bottom | LBI | $715,000 |
Price Decrease | NJOC2024882 | 242 W 15th St | Ship Bottom | LBI | $1,330,000 |
Price Decrease | NJOC2024068 | 339 W 4th St | Ship Bottom | LBI | $1,399,000 |
Price Decrease | NJOC2025582 | 114 E 25th St | Long Beach Township | LBI | $1,950,000 |
Price Decrease | NJOC2025300 | 25 W Roosevelt Ave | Long Beach Township | LBI | $2,250,000 |
Price Decrease | NJOC2023308 | 375 W 6th St | Ship Bottom | LBI | $2,495,000 |
Price Decrease | NJOC2025918 | 102 E South 34th St | Long Beach Township | LBI | $3,190,000 |
Price Decrease | NJOC2024522 | 57-B Long Beach Blvd | Long Beach Township | LBI | $7,395,000 |
Price Decrease | NJOC2025012 | 7-A Long Beach Blvd | Long Beach Township | LBI | $9,499,000 |
Active Under Contract | NJOC2026328 | 117 E Surf Ave | Long Beach Township | LBI | $2,195,000 |
Active Under Contract | NJOC2026166 | 111 E New Jersey Ave | Long Beach Township | LBI | $2,595,000 |
Active Under Contract | NJOC2024294 | 2601 S Long Beach Blvd | Long Beach Township | LBI | $5,495,000 |
Active Under Contract | NJOC2026448 | 123 Wyoming | Long Beach Township | LBI | $6,999,999 |
Pending | NJOC2026256 | 220 Liberty Ave #1 | Beach Haven | LBI | $169,900 |
Pending | NJOC2026306 | 601 N Delaware Ave #13 | Beach Haven | LBI | $849,900 |
Pending | NJOC2022602 | 9006 Long Beach Blvd #B | Long Beach Township | LBI | $924,900 |
Pending | NJOC2021334 | 203 W 7th St | Ship Bottom | LBI | $995,000 |
Pending | NJOC2025834 | 31 W Sand Dune Ln | Long Beach Township | LBI | $999,000 |
Pending | NJOC2018674 | 2705 Beach Ave | Long Beach Township | LBI | $2,195,000 |
Pending | NJOC2024698 | 1123-C Long Beach | Long Beach Township | LBI | $3,750,000 |
Closed | NJOC2022994 | 12010 Long Beach Blvd. | Long Beach Township | LBI | $880,000 |
Closed | NJOC2025004 | 10 E 47th St | Long Beach Township | LBI | $1,800,000 |
Closed | NJOC2023936 | 1104-I Long Beach | Long Beach Township | LBI | $1,842,000 |
Closed | NJOC2019308 | 1610 Bayview Ave | Barnegat Light | LBI | $2,499,000 |
Closed | NJOC2023070 | 3 E Surf Ave | Long Beach Township | LBI | $2,650,000 |
Withdrawn | NJOC2026124 | 2101 Central Ave | Ship Bottom | LBI | $1,695,000 |
Canceled | NJOC2018360 | 100 N. West Ave Ave #5 | Beach Haven | LBI | $145,000 |
Canceled | NJOC2026028 | 2401 N Central Ave | Surf City | LBI | $1,599,000 |
Expired | NJOC2025664 | 510 N Bay Ave #104 | Beach Haven | LBI | $379,000 |
LBI New Jersey Real Estate Sales Analysis
This LBI real estate market update favors buyers! There were more new listings than there were pending sales, which is obviously good news, but there were also a high number of price drops. In fact, almost a quarter of the market changes this week were price reductions! There are 114 active listings in the MLS this week and 48 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 06-09-2024 to 06-16-2024, 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
