LBI Real Estate Weekly Sales Update 06/20/2021-06/27/2021
- High Tides Digital Marketing
- Jun 29, 2021
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 06/20/2021-06/27/2021
LBI Real Estate Weekly Sales Update 06/20/2021-06/27/2021: With a total of 63 changes to the MLS this week, activity was pretty stable. We saw a good mix of activity overall in the Long Beach Island real estate market. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
22 new listings entered the market with an average price of $1,766,140
18 listings went under contract with an average listing price of about $1,803,167
13 properties sold on Long Beach Island with an average price of $1,358,646
4 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 06/20/2021-06/27/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2000366 | 122 E 5th St #B | Ship Bottom | LBI | $599,900 |
Coming Soon | NJOC2000164 | 3 Winifred | Long Beach Township | LBI | $999,900 |
Coming Soon | NJOC2000426 | 57 Adrian Road | Long Beach Township | LBI | $1,350,000 |
Coming Soon | NJOC2000424 | 57 Adrian Rd | Long Beach Township | LBI | $1,350,000 |
Coming Soon | NJOC2000520 | 1 W Goodrich | Long Beach Township | LBI | $1,800,000 |
Coming Soon | NJOC2000212 | 13015 Bayview | Long Beach Township | LBI | $1,800,000 |
Coming Soon | NJOC2000296 | 12214 Ocean Ave | Long Beach Township | LBI | $1,999,000 |
Coming Soon | NJOC2000492 | 304 W 21st St | Ship Bottom | LBI | $2,579,000 |
Coming Soon | NJOC2000484 | 3301 S Long Beach Blvd | Long Beach Township | LBI | $3,195,000 |
New Active | NJOC2000314 | 2500 Long Beach Blvd #A4 | Ship Bottom | LBI | $2,800.00 |
New Active | NJOC2000368 | 8501 Long Beach Blvd #UNIT 8 | Long Beach Township | LBI | $250,000 |
Price Decrease | NJOC410592 | 207 W 23rd St #C16 | Ship Bottom | LBI | $365,900 |
New Active | NJOC2000346 | 315 5th St #U3 | Beach Haven | LBI | $489,000 |
New Active | NJOC410338 | 300 Glendola Ave | Beach Haven | LBI | $999,000 |
New Active | NJOC2000410 | 6 Adrian Rd | Long Beach Township | LBI | $1,095,000 |
New Active | NJOC2000436 | 15 W Ohio Ave | Long Beach Township | LBI | $1,299,000 |
Price Decrease | NJOC2000190 | 33 Jaqueline | Long Beach Township | LBI | $1,350,000 |
Price Decrease | NJOC410460 | 15 Division Ave | Surf City | LBI | $1,399,000 |
New Active | NJOC2000242 | 44 Division Ave | Surf City | LBI | $1,499,000 |
New Active | NJOC2000104 | 11 E 21st | Long Beach Township | LBI | $2,249,000 |
New Active | NJOC408978 | 112 Shore Ave | Surf City | LBI | $2,399,000 |
New Active | NJOC2000324 | 101 E Florida Ave | Long Beach Township | LBI | $2,795,000 |
New Active | NJOC2000512 | 12 W 18th | Long Beach Township | LBI | $2,799,000 |
New Active | NJOC2000092 | 199 Nautilus | Long Beach Township | LBI | $4,495,000 |
New Active | NJOC2000412 | 1126-E Long Beach Blvd | Long Beach Township | LBI | $4,995,000 |
Price Decrease | NJOC409696 | 1940 W Bay Ter | Ship Bottom | LBI | $1,575,000 |
Price Decrease | NJOC409582 | 1940 W Bay Ter | Ship Bottom | LBI | $1,575,000 |
Price Decrease | NJOC410056 | 366 N 7th St | Surf City | LBI | $2,199,000 |
Active Under Contract | NJOC410194 | 25 E 23rd St #U1 | Long Beach Township | LBI | $489,000 |
Active Under Contract | NJOC410682 | 2 Lillie | Long Beach Township | LBI | $949,000 |
Active Under Contract | NJOC410168 | 10 E California Ave | Long Beach Township | LBI | $1,099,000 |
Active Under Contract | NJOC410594 | 120 E Ryerson Ln | Long Beach Township | LBI | $1,395,000 |
Active Under Contract | NJOC409216 | 2 Buckingham Ave | Harvey Cedars | LBI | $1,790,000 |
Active Under Contract | NJOC408906 | 116 3rd St | Beach Haven | LBI | $2,199,999 |
Active Under Contract | NJOC408036 | 1049-B Long Beach Boulevard #B | Long Beach Township | LBI | $2,725,000 |
Active Under Contract | NJOC409966 | 18 N 14th St | Surf City | LBI | $3,929,000 |
Pending | NJOC410732 | 1810 Central Ave #2 | Ship Bottom | LBI | $475,000 |
Pending | NJOC409294 | 256 N 7th St | Surf City | LBI | $899,000 |
Pending | NJOC410036 | 357 N 8th St | Surf City | LBI | $1,399,000 |
Pending | NJOC2000074 | 102 Arnold | Long Beach Township | LBI | $1,500,000 |
Pending | NJOC2000254 | 130 E Indiana Ave | Long Beach Township | LBI | $1,779,000 |
Pending | NJOC409526 | 26 W Harding Ave | Long Beach Township | LBI | $1,890,000 |
Pending | NJOC408292 | 2 32 St SE | Long Beach Township | LBI | $1,899,000 |
Pending | NJOC410742 | 32-B Long Beach | Long Beach Township | LBI | $2,250,000 |
Pending | NJOC2000344 | 111 E Dune Ln | Long Beach Township | LBI | $2,795,000 |
Pending | NJOC410384 | 34 W New York Ave | Long Beach Township | LBI | $2,995,000 |
Closed | NJOC406970 | 2500 Blvd Unit #4A | Ship Bottom | LBI | $345,000 |
Closed | NJOC409110 | 103-B 28th | Long Beach Township | LBI | $593,000 |
Closed | NJOC409198 | 7 E Bayberry Dr | Long Beach Township | LBI | $925,000 |
Closed | NJOC410604 | 1 Centre St #7 | Beach Haven | LBI | $949,999 |
Closed | NJOC409720 | 13210 Beach Ave | Long Beach Township | LBI | $1,150,000 |
Closed | NJOC408260 | 7-B Sunset Blvd | Long Beach Township | LBI | $1,200,000 |
Closed | NJOC401374 | 9 W Harding Ave | Long Beach Township | LBI | $1,265,000 |
Closed | NJOC409090 | 11 W Goldsborough Ave | Long Beach Township | LBI | $1,325,000 |
Closed | NJOC406932 | 316 N 12th St | Surf City | LBI | $1,425,000 |
Closed | NJOC409596 | 37 Buckingham Ave | Harvey Cedars | LBI | $1,825,000 |
Closed | NJOC409814 | 15 E Alabama Ave | Long Beach Township | LBI | $1,899,000 |
Closed | NJOC408210 | 119 Dolphin Ave | Beach Haven | LBI | $2,165,405 |
Closed | NJOC402926 | 5301 S Long Beach Blvd | Long Beach Township | LBI | $2,595,000 |
Expired | NJOC407998 | 113 E 21st Street | Long Beach Township | LBI | $1,290,000 |
Canceled | NJOC406560 | 2421 Long Beach Blvd., Unit C #C | Ship Bottom | LBI | $999,000 |
Canceled | NJOC409046 | 11 W Goldsborough Ave | Long Beach Township | LBI | $1,299,000 |
Canceled | NJOC408366 | 2421 Long Beach Blvd. | Ship Bottom | LBI | $1,699,000 |
LBI New Jersey Real Estate Sales Analysis
The LBI real estate market was much more balanced this week. There were more new listings than pending sales which helps to correct some of the inventory shortages we are seeing. Personally, I expect we will see more homes come up for sale as the summer season passes in August and September so buyers should see some relief. Prices continue to rise and the averages for new listings, pending sales, and closed transactions, are all higher. 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 06/20/2021-06/27/2021 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
