LBI Real Estate Weekly Sales Update 08-18-2024 to 08-25-2024
- High Tides Digital Marketing
- Aug 25, 2024
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 08-18-2024 to 08-25-2024
LBI Real Estate Weekly Sales Update 08-18-2024 to 08-25-2024: This week's Long Beach Island real estate market update showed steady activity and balance in the LBI real estate market. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $2,243,356
13 listings went under contract with an average listing price of about $2,595,769
15 properties sold on Long Beach Island with an average price of $1,652,000
5 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 08-18-2024 to 08-25-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2028210 | 265 W 12th St | Ship Bottom | LBI Real Estate | $1,399,990 |
Coming Soon | NJOC2028156 | 420 8th St #8S | Beach Haven | LBI Real Estate | $1,475,000 |
Coming Soon | NJOC2028072 | 275 S 2nd St | Surf City | LBI Real Estate | $2,650,000 |
Coming Soon | NJOC2028068 | 29 N 11th St | Surf City | LBI Real Estate | $3,299,000 |
Coming Soon | NJOC2027800 | 00 3 Rd | Beach Haven | LBI Real Estate | $3,399,000 |
New Active | NJOC2028052 | 201 W 21st St | Ship Bottom | LBI Real Estate | $859,000 |
New Active | NJOC2028142 | 102 W Ohio Ave | Long Beach Township | LBI Real Estate | $1,395,000 |
New Active | NJOC2028056 | 105 W 27th St | Ship Bottom | LBI Real Estate | $1,395,000 |
New Active | NJOC2028182 | 8801 Beach Ave | Long Beach Township | LBI Real Estate | $1,698,000 |
New Active | NJOC2028180 | 8801 Beach Ave | Long Beach Township | LBI Real Estate | $1,698,000 |
New Active | NJOC2028118 | 7601 Long Beach Blvd | Harvey Cedars | LBI Real Estate | $1,995,000 |
New Active | NJOC2028098 | 431 Amber Street Unit # A | Beach Haven | LBI Real Estate | $2,049,000 |
New Active | NJOC2028036 | 126 22nd | Long Beach Township | LBI Real Estate | $2,600,000 |
New Active | NJOC2027296 | 1018-F Long Beach Blvd | Long Beach Township | LBI Real Estate | $5,495,000 |
Back to Active | NJOC2027192 | 1092-B (West) Long Beach Blvd | Long Beach Township | LBI Real Estate | $2,395,000 |
Price Decrease | NJOC2026440 | 5515 Long Beach | Long Beach Township | LBI Real Estate | $415,000 |
Price Decrease | NJOC2026966 | 450 Dock Rd | Beach Haven | LBI Real Estate | $1,099,000 |
Price Decrease | NJOC2027006 | 14 W 6th St | Barnegat Light | LBI Real Estate | $1,997,000 |
Price Decrease | NJOC2026786 | 1 E 14th St | Barnegat Light | LBI Real Estate | $1,999,000 |
Price Decrease | NJOC2026454 | 10 Arnold | Long Beach Township | LBI Real Estate | $2,279,999 |
Active Under Contract | NJOC2027666 | 310 S West Ave #C1 | Beach Haven | LBI Real Estate | $875,000 |
Active Under Contract | NJOC2023252 | 319 W 8th St | Ship Bottom | LBI Real Estate | $999,999 |
Active Under Contract | NJOC2026132 | 32 W New York | Long Beach Township | LBI Real Estate | $1,649,000 |
Active Under Contract | NJOC2027540 | 21 W Bayberry Dr | Long Beach Township | LBI Real Estate | $1,875,000 |
Active Under Contract | NJOC2027042 | 1714 Bay Ter | Beach Haven | LBI Real Estate | $2,350,000 |
Active Under Contract | NJOC2027004 | 1714 Bay Ter | Long Beach Township | LBI Real Estate | $2,350,000 |
Active Under Contract | NJOC2025380 | 119 E South Carolina | Long Beach Township | LBI Real Estate | $2,999,000 |
Active Under Contract | NJOC2023028 | 142 Newport | Long Beach Township | LBI Real Estate | $3,350,000 |
Pending | NJOC2025024 | 335 S 2nd Street | Surf City | LBI Real Estate | $1,749,000 |
Pending | NJOC2026984 | 102 S 33rd | Long Beach Township | LBI Real Estate | $1,899,000 |
Pending | NJOC2026888 | 121 E Sand Dune | Long Beach Township | LBI Real Estate | $1,999,999 |
Pending | NJOC2027430 | 125 Fifth St | Beach Haven | LBI Real Estate | $2,150,000 |
Pending | NJOC2025012 | 7-A Long Beach Blvd | Long Beach Township | LBI Real Estate | $9,499,000 |
Closed | NJOC2020168 | 1916 W Bay Ter | Ship Bottom | LBI Real Estate | $855,000 |
Closed | NJOC2021334 | 203 W 7th St | Ship Bottom | LBI Real Estate | $935,000 |
Closed | NJOC2025512 | 908 Bayview Ave | Barnegat Light | LBI Real Estate | $1,850,000 |
Closed | NJOC2025002 | 403 Amber St | Beach Haven | LBI Real Estate | $2,000,000 |
Closed | NJOC2027024 | 10610 Beach Ave | Long Beach Township | LBI Real Estate | $2,620,000 |
Temporary Off Market | NJOC2025786 | 5307 S Long Beach Blvd | Long Beach Township | LBI Real Estate | $3,499,000 |
Temporary Off Market | NJOC2020994 | 10 E 11th St | Beach Haven | LBI Real Estate | $3,995,000 |
LBI New Jersey Real Estate Sales Analysis
As the summer starts to come to a close, we typically see a surge in new listings throughout the LBI real estate market. New listing activity has been increasing, but pending sales have been keeping pace. This week is a perfect example. There were 14 new listings and 13 pending sales, so there was a minimal change to the inventory of homes for sale on Long Beach Island. There are 110 active listings in the MLS this week and 68 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 08-18-2024 to 08-25-2024, 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
