LBI Real Estate Weekly Sales Update 08-11-2024 to 08-18-2024
- High Tides Digital Marketing
- Aug 18, 2024
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 08-11-2024 to 08-18-2024
LBI Real Estate Weekly Sales Update 08-11-2024 to 08-18-2024: There were a total of 50 changes to the LBI real estate market this week, and there were an equal number of new listings and pending sales! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $2,578,199
15 listings went under contract with an average listing price of about $2,319,660
6 properties sold on Long Beach Island with an average price of $2,858,167
5 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 08-11-2024 to 08-18-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2027802 | 328 W 6th St | Ship Bottom | LBI Real Estate Market | $1,295,000 |
Coming Soon | NJOC2027194 | 321 Jefferis Ave | Beach Haven | LBI Real Estate Market | $1,600,000 |
Coming Soon | NJOC2028010 | 156 Marina Blvd | Long Beach Township | LBI Real Estate Market | $3,890,000 |
New Active | NJOC2027932 | 204 Atlantic Avenue #301 | Beach Haven | LBI Real Estate Market | $799,000 |
New Active | NJOC2027836 | 26 W Delaware Ave | Long Beach Township | LBI Real Estate Market | $1,099,000 |
New Active | NJOC2027834 | 9 Olsen Ave | Harvey Cedars | LBI Real Estate Market | $1,379,000 |
New Active | NJOC2027984 | 18 W Alabama | Long Beach Township | LBI Real Estate Market | $1,599,000 |
New Active | NJOC2027956 | 2101 Central Ave | Ship Bottom | LBI Real Estate Market | $1,599,000 |
New Active | NJOC2027904 | 417 Coral St #B | Beach Haven | LBI Real Estate Market | $1,769,000 |
New Active | NJOC2027108 | 11 Carolina | Long Beach Township | LBI Real Estate Market | $1,850,000 |
New Active | NJOC2027890 | 310 Kentford Avenue #EAST | Beach Haven | LBI Real Estate Market | $2,195,000 |
New Active | NJOC2028036 | 126 22nd | Long Beach Township | LBI Real Estate Market | $2,600,000 |
New Active | NJOC2027892 | 8 E 72nd St | Harvey Cedars | LBI Real Estate Market | $3,299,000 |
New Active | NJOC2027952 | 813 N Ocean Ave | Surf City | LBI Real Estate Market | $3,699,990 |
New Active | NJOC2027922 | 1095 Long Beach Blvd #B | Long Beach Township | LBI Real Estate Market | $10,000,000 |
Back to Active | NJOC2023252 | 319 W 8th St | Ship Bottom | LBI Real Estate Market | $999,999 |
Price Decrease | NJOC2025424 | 34 W Jeanette Ave | Long Beach Township | LBI Real Estate Market | $1,349,000 |
Price Decrease | NJOC2027062 | 1210 Long Beach #B | Long Beach Township | LBI Real Estate Market | $1,725,000 |
Price Decrease | NJOC2024614 | 814 W Bay Club Ln | Beach Haven | LBI Real Estate Market | $1,870,000 |
Price Decrease | NJOC2026810 | 274 W 10th St | Ship Bottom | LBI Real Estate Market | $2,049,000 |
Price Decrease | NJOC2027162 | 1 W 29th St | Long Beach Township | LBI Real Estate Market | $2,100,000 |
Active Under Contract | NJOC2027648 | 519 Ocean Ave #2 | Ship Bottom | LBI Real Estate Market | $949,900 |
Active Under Contract | NJOC2027504 | 1 E Hobart Ave | Long Beach Township | LBI Real Estate Market | $1,375,000 |
Active Under Contract | NJOC2027376 | 1701 N Atlantic | Long Beach Township | LBI Real Estate Market | $1,540,000 |
Active Under Contract | NJOC2026100 | 4 Olsen Ave | Harvey Cedars | LBI Real Estate Market | $1,689,000 |
Active Under Contract | NJOC2025100 | 4703 S Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $4,650,000 |
Active Under Contract | NJOC2024924 | 43-D Long Beach | Long Beach Township | LBI Real Estate Market | $6,499,000 |
Pending | NJOC2025598 | 717 N Central Ave | Surf City | LBI Real Estate Market | $1,250,000 |
Pending | NJOC2026058 | 51 N 24th Street | Surf City | LBI Real Estate Market | $1,399,000 |
Pending | NJOC2026184 | 15 E 36th St | Long Beach Township | LBI Real Estate Market | $1,859,000 |
Pending | NJOC2025598 | 717 N Central Ave | Surf City | LBI Real Estate Market | $1,250,000 |
Pending | NJOC2027548 | 407 Amber St | Beach Haven | LBI Real Estate Market | $2,149,000 |
Pending | NJOC2026872 | 709 N Barnegat Ave | Surf City | LBI Real Estate Market | $2,299,999 |
Pending | NJOC2026310 | 1092-B (East) Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $2,395,000 |
Pending | NJOC2027210 | 14 E 25th St | Long Beach Township | LBI Real Estate Market | $2,595,000 |
Pending | NJOC2027670 | 1308 N Ocean Ave | Surf City | LBI Real Estate Market | $2,895,000 |
Closed | NJOC2027458 | 10008 Beach | Long Beach Township | LBI Real Estate Market | $1,400,000 |
Closed | NJOC2026638 | 5200 Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $1,540,000 |
Closed | NJOC2027158 | 375 W 6th St | Ship Bottom | LBI Real Estate Market | $2,444,000 |
Closed | NJOC2027090 | 150-D Long Beach Blvd. | Long Beach Township | LBI Real Estate Market | $3,015,000 |
Closed | NJOC2023330 | 132-D Long Beach Boulevard | Long Beach Township | LBI Real Estate Market | $4,000,000 |
Closed | NJOC2023492 | 67-C Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $4,750,000 |
Withdrawn | NJOC2026060 | 51 N 24th Street | Surf City | LBI Real Estate Market | $1,399,000 |
Withdrawn | NJOC2026052 | 51 N 24th Street | Surf City | LBI Real Estate Market | $1,399,000 |
Withdrawn | NJOC2025464 | 5313 Long Beach Blvd | Harvey Cedars | LBI Real Estate Market | $1,699,999 |
Withdrawn | NJOC2027798 | 2510 N Atlantic Ave | Long Beach Township | LBI Real Estate Market | $2,199,000 |
Withdrawn | NJOC2027790 | 2510 N Atlantic Ave | Long Beach Township | LBI Real Estate Market | $2,199,000 |
Canceled | NJOC2025826 | 1405 N Long Beach Blvd | Surf City | LBI Real Estate Market | $2,799,900 |
Expired | NJOC2018586 | 126 22nd | Long Beach Township | LBI Real Estate Market | $2,600,000 |
Expired | NJOC2024014 | 3 West 3rd St | Barnegat Light | LBI Real Estate Market | $4,500,000 |
LBI New Jersey Real Estate Sales Analysis
The LBI real estate market was all about balance this week. There were an equal number of new listings and pending sales, 15 of each category, and the average price of new listings and pending sales were very close as well. This shows once again how the LBI real estate market is stable and prices reflect the high levels of home buyer activity. There are 110 active listings in the MLS this week, a rather large drop from last week, and 64 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 08-11-2024 to 08-18-2024, 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