LBI Real Estate Weekly Sales Update 07-14-2024 to 07-21-2024
- High Tides Digital Marketing
- Jul 21, 2024
- 6 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 07-14-2024 to 07-21-2024
LBI Real Estate Weekly Sales Update 07-14-2024 to 07-21-2024: There were 60 changes to the Long Beach Island real estate market this week, making this another busy week! There was a higher-than-average number of new listings entering the LBI real estate market, but there was also a higher-than-average number of pending sales to balance things out. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
15 new listings entered the market with an average price of $2,336,600
15 listings went under contract with an average listing price of about $2,412,000
12 properties sold on Long Beach Island with an average price of $2,007,000
10 listings saw price reductions in the LBI real estate market and one home increased the price
LBI Real Estate Weekly Sales Update 07-14-2024 to 07-21-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2027128 | 1082-C Long Beach Blvd | Long Beach Township | $1,499,000 | |
New Active | NJOC2027382 | 2 Cox Ave | Harvey Cedars | LBI Real Estate Market | $950,000 |
New Active | NJOC2027198 | 1802 Bayview Ave | Barnegat Light | LBI Real Estate Market | $1,499,000 |
New Active | NJOC2027260 | 7503 Ocean Blvd. | Long Beach Township | LBI Real Estate Market | $1,749,000 |
New Active | NJOC2026984 | 102 S 33rd | Long Beach Township | LBI Real Estate Market | $1,899,000 |
New Active | NJOC2027200 | 501–505 N Bay | Beach Haven | $1,999,999 | |
New Active | NJOC2027036 | 5303-A Long Beach Boulevard Blvd | Harvey Cedars | LBI Real Estate Market | $2,195,000 |
New Active | NJOC2027162 | 1 W 29th St | Long Beach Township | LBI Real Estate Market | $2,250,000 |
New Active | NJOC2027192 | 1092-B (West) Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $2,395,000 |
New Active | NJOC2027210 | 14 E 25th St | Long Beach Township | LBI Real Estate Market | $2,595,000 |
New Active | NJOC2026912 | 237 N 20th St | Surf City | LBI Real Estate Market | $2,699,000 |
New Active | NJOC2027262 | 18 E 86th Sea Glass Lane | Long Beach Township | LBI Real Estate Market | $2,849,999 |
New Active | NJOC2027342 | 6309-A Long Beach Blvd | Harvey Cedars | LBI Real Estate Market | $2,975,000 |
New Active | NJOC2027252 | 301 N Beach Ave | Beach Haven | LBI Real Estate Market | $3,495,000 |
New Active | NJOC2027096 | 115 E Virginia Ave | Long Beach Township | LBI Real Estate Market | $3,999,000 |
Back to Active | NJOC2026440 | 5515 Long Beach | Long Beach Township | LBI Real Estate Market | $425,000 |
Back to Active | NJOC2025538 | 717 N Central Ave | Surf City | LBI Real Estate Market | $1,250,000 |
Price Decrease | NJOC2019364 | 5104 West | Long Beach Township | LBI Real Estate Market | $999,999 |
Price Decrease | NJOC2026624 | 1518 Sunset Ave | Surf City | LBI Real Estate Market | $1,135,000 |
Price Decrease | NJOC2026340 | 242 N 8th St | Surf City | LBI Real Estate Market | $1,249,000 |
Price Decrease | NJOC2026052 | 51 N 24th Street | Surf City | LBI Real Estate Market | $1,399,000 |
Price Decrease | NJOC2025424 | 34 W Jeanette Ave | Long Beach Township | LBI Real Estate Market | $1,399,000 |
Price Decrease | NJOC2026100 | 4 Olsen Ave | Harvey Cedars | LBI Real Estate Market | $1,689,000 |
Price Decrease | NJOC2024614 | 814 W Bay Club Ln | Beach Haven | LBI Real Estate Market | $1,895,000 |
Price Decrease | NJOC2024670 | 2 E 28th St #B | Barnegat Light | LBI Real Estate Market | $2,195,000 |
Price Decrease | NJOC2026196 | 4205 Ocean Blvd | Long Beach Township | LBI Real Estate Market | $2,550,000 |
Price Decrease | NJOC2025956 | 409 Tidal Dr | Long Beach Township | LBI Real Estate Market | $2,749,000 |
Price Increase | NJOC2025826 | 1405 N Long Beach Blvd | Surf City | LBI Real Estate Market | $2,680,000 |
Active Under Contract | NJOC2023252 | 319 W 8th St | Ship Bottom | LBI Real Estate Market | $1,099,999 |
Active Under Contract | NJOC2025412 | 1511 Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $1,125,000 |
Active Under Contract | NJOC2026638 | 5200 Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $1,659,000 |
Active Under Contract | NJOC2020944 | 1511 Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $1,725,000 |
Active Under Contract | NJOC2026928 | 2305 E Bay Ter | Ship Bottom | LBI Real Estate Market | $1,895,000 |
Active Under Contract | NJOC2026514 | 112 E Sailboat Dr | Long Beach Township | LBI Real Estate Market | $2,349,000 |
Active Under Contract | NJOC2022672 | 21 W 83rd St | Harvey Cedars | LBI Real Estate Market | $3,999,999 |
Active Under Contract | NJOC2023330 | 132-D Long Beach Boulevard | Long Beach Township | LBI Real Estate Market | $4,095,000 |
Pending | NJOC2026190 | 104 W Hobart Ave | Long Beach Township | LBI Real Estate Market | $1,249,000 |
Pending | NJOC2024354 | 209 W 17th St | Ship Bottom | LBI Real Estate Market | $1,500,000 |
Pending | NJOC2027122 | 24 Beacon Drive | Long Beach Township | LBI Real Estate Market | $2,495,000 |
Pending | NJOC2027024 | 10610 Beach Ave | Long Beach Township | LBI Real Estate Market | $2,495,000 |
Pending | NJOC2025334 | 315 W 7th St | Ship Bottom | LBI Real Estate Market | $2,495,000 |
Pending | NJOC2027090 | 150-D Long Beach Blvd. | Long Beach Township | LBI Real Estate Market | $2,999,000 |
Pending | NJOC2023708 | 21 W 85th St | Harvey Cedars | LBI Real Estate Market | $4,999,000 |
Closed | NJOC2026306 | 601 N Delaware Ave #13 | Beach Haven | LBI Real Estate Market | $835,000 |
Closed | NJOC2024748 | 8 E Maryland Ave | Long Beach Township | LBI Real Estate Market | $999,999 |
Closed | NJOC2026238 | 1001 Ocean #C1001 | Ship Bottom | LBI Real Estate Market | $1,025,000 |
Closed | NJOC2023374 | 108 E 7th St #1 | Ship Bottom | LBI Real Estate Market | $1,075,000 |
Closed | NJOC2023998 | 340 Kentford Ave | Beach Haven | LBI Real Estate Market | $1,499,000 |
Closed | NJOC2023818 | 46 Sunset Blvd | Long Beach Township | LBI Real Estate Market | $1,500,000 |
Closed | NJOC2025978 | 2 E 15th | Long Beach Township | LBI Real Estate Market | $1,600,000 |
Closed | NJOC2021232 | 6 Carolina | Long Beach Township | LBI Real Estate Market | $1,850,000 |
Closed | NJOC2025582 | 114 E 25th St | Long Beach Township | LBI Real Estate Market | $1,900,000 |
Closed | NJOC2026586 | 2307 Central Ave | Barnegat Light | LBI Real Estate Market | $2,250,000 |
Closed | NJOC2024638 | 125 Herbert Ave | Long Beach Township | LBI Real Estate Market | $2,750,000 |
Closed | NJOC2026448 | 123 Wyoming | Long Beach Township | LBI Real Estate Market | $6,800,000 |
Withdrawn | NJOC2025458 | 1802 Bayview Ave | Barnegat Light | LBI Real Estate Market | $1,499,000 |
Canceled | NJOC2024002 | 340 Kentford Ave #UNIT 2 | Beach Haven | LBI Real Estate Market | $750,000 |
Canceled | NJOC2025832 | 2101 Central Ave | Ship Bottom | LBI Real Estate Market | $1,695,000 |
Canceled | NJOC2023102 | 14 E 25th St | Long Beach Township | $2,599,000 | |
Canceled | NJOC2022166 | 1403 N Long Beach Blvd | Surf City | LBI Real Estate Market | $2,625,000 |
LBI New Jersey Real Estate Sales Analysis
We have seen the number of homes increase over the last couple of weeks in the Long Beach Island real estate market, and now, as expected, the number of pending sales is increasing as well. This has been the pattern for the past 18 months or so, and it looks like the pattern is set to continue. Buyers are active in the Long Beach Island real estate market, and as new homes come up, they are absorbed. This week was in perfect balance with 15 new listings coming on the market and 15 homes going under contract. There are 114 active listings in the MLS this week and 53 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 07-14-2024 to 07-21-2024, 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
