LBI Real Estate Weekly Sales Update 07-28-2024 to 08-04-2024
- High Tides Digital Marketing
- Aug 4, 2024
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 07-28-2024 to 08-04-2024
LBI Real Estate Weekly Sales Update 07-28-2024 to 08-04-2024: There were 45 changes to the market in this week's LBI real estate market update. While activity was spread across new listings, pending sales and closed transactions, there were more pending sales than new listings this week. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
11 new listings entered the market with an average price of $1,796,264
22 listings went under contract with an average listing price of about $2,220,417
7 properties sold on Long Beach Island with an average price of $1,844,286
8 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 07-28-2024 to 08-04-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2027586 | 119 E South 34th | Long Beach Township | LBI Real Estate Market | $2,100,000 |
New Active | NJOC2027666 | 310 S West Ave #C1 | Beach Haven | LBI Real Estate Market | $919,000 |
New Active | NJOC2027648 | 519 Ocean Ave #2 | Ship Bottom | LBI Real Estate Market | $949,900 |
New Active | NJOC2027600 | 101 W 9th St #307 | Ship Bottom | LBI Real Estate Market | $998,000 |
New Active | NJOC2027742 | 2 E Gloucester Ave | Harvey Cedars | LBI Real Estate Market | $1,549,000 |
New Active | NJOC2027646 | 9 E Maryland Ave | Long Beach Township | LBI Real Estate Market | $1,695,000 |
New Active | NJOC2027628 | 31 – B W Colorado Ave | Long Beach Township | LBI Real Estate Market | $1,699,999 |
New Active | NJOC2027548 | 407 Amber St | Beach Haven | LBI Real Estate Market | $2,149,000 |
New Active | NJOC2027430 | 125 Fifth St | Beach Haven | LBI Real Estate Market | $2,150,000 |
New Active | NJOC2027614 | 26 52nd St | Long Beach Township | LBI Real Estate Market | $2,199,000 |
New Active | NJOC2027728 | 123 W Sumner Ave | Long Beach Township | LBI Real Estate Market | $3,350,000 |
Back to Active | NJOC2017734 | 2 W Cleveland | Long Beach Township | LBI Real Estate Market | $5,249,000 |
Back to Active | NJOC2024522 | 57-B Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $7,395,000 |
Price Decrease | NJOC2027000 | 313 Essex Ave | Beach Haven | LBI Real Estate Market | $1,850,000 |
Price Decrease | NJOC2026986 | 215 S Long Beach Blvd | Surf City | LBI Real Estate Market | $1,995,000 |
Price Decrease | NJOC2027006 | 14 W 6th St | Barnegat Light | LBI Real Estate Market | $2,099,000 |
Price Decrease | NJOC2025754 | 20 E 47th | Long Beach Township | LBI Real Estate Market | $2,399,000 |
Price Decrease | NJOC2027044 | 7 James St | Harvey Cedars | LBI Real Estate Market | $2,795,000 |
Price Decrease | NJOC2025380 | 119 E South Carolina | Long Beach Township | LBI Real Estate Market | $2,999,000 |
Price Decrease | NJOC2025220 | 1096-C Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $3,850,000 |
Price Decrease | NJOC2025766 | 146-E Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $5,849,000 |
Active Under Contract | NJOC2027530 | 310 S West Ave #B2 | Beach Haven | LBI Real Estate Market | $999,000 |
Active Under Contract | NJOC2026890 | 28 W Jacqueline | Long Beach Township | LBI Real Estate Market | $1,580,000 |
Active Under Contract | NJOC2026184 | 15 E 36th St | Long Beach Township | LBI Real Estate Market | $1,859,000 |
Active Under Contract | NJOC2026888 | 121 E Sand Dune | Long Beach Township | LBI Real Estate Market | $1,999,999 |
Active Under Contract | NJOC2024864 | 1093-C Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $8,499,999 |
Pending | NJOC2027092 | 5302 S Long Beach Blvd #3 | Long Beach Township | LBI Real Estate Market | $400,000 |
Pending | NJOC2026896 | 21 W Old Whaling Ln | Long Beach Township | LBI Real Estate Market | $1,279,000 |
Pending | NJOC2027458 | 10008 Beach | Long Beach Township | LBI Real Estate Market | $1,349,000 |
Pending | NJOC2025298 | 1715 Bay Ter | Long Beach Township | LBI Real Estate Market | $1,795,000 |
Pending | NJOC2026952 | 13 East 15th Street | Barnegat Light | LBI Real Estate Market | $1,999,000 |
Pending | NJOC2025002 | 403 Amber St | Beach Haven | LBI Real Estate Market | $2,095,000 |
Pending | NJOC2026406 | 1923 Bay Terrace | Ship Bottom | LBI Real Estate Market | $2,790,000 |
Closed | NJOC2025714 | 214 W 20th St | Ship Bottom | LBI Real Estate Market | $965,000 |
Closed | NJOC2025730 | 324 W 7th St | Ship Bottom | LBI Real Estate Market | $970,000 |
Closed | NJOC2020552 | 9 W Jacqueline Ave | Long Beach Township | LBI Real Estate Market | $1,100,000 |
Closed | NJOC2020266 | 287 W 27th St | Ship Bottom | LBI Real Estate Market | $2,150,000 |
Closed | NJOC2025300 | 25 W Roosevelt Ave | Long Beach Township | LBI Real Estate Market | $2,200,000 |
Closed | NJOC2023118 | 14 W 3rd St | Barnegat Light | LBI Real Estate Market | $2,350,000 |
Closed | NJOC2026434 | 127 E Ryerson Ln | Long Beach Township | LBI Real Estate Market | $3,175,000 |
Canceled | NJOC2023254 | 21 W Sail Boat Lane | Long Beach Township | LBI Real Estate Market | $830,000 |
Canceled | NJOC2027198 | 1802 Bayview Ave | Barnegat Light | LBI Real Estate Market | $1,499,000 |
Expired | NJOC2020206 | 510 N Bay Ave #103 | Beach Haven | LBI Real Estate Market | $499,000 |
Expired | NJOC2024058 | 813 N Ocean Ave | Surf City | LBI Real Estate Market | $3,699,990 |
Expired | NJOC2024674 | 2 E 28th St | Barnegat Light | LBI Real Estate Market | $4,800,000 |
LBI New Jersey Real Estate Sales Analysis
We have seen an increase in the number of new listings entering the market over the past few weeks, and now we are seeing more pending sales as expected. While there were 11 new listings this week and 12 pending sales, some of the new listings already have offers on them, so the addition of new homes this week is minimal. There are 115 active single-family home listings in the LBI real estate market this week and 55 pending sales. Demand is still high, and a year-over-year look at the market shows that July 2024 had far more sales and an average sales price about 10% higher than the same time last year! 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 07-28-2024 to 08-04-2024, 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
