LBI Real Estate Weekly Sales Update 09/04/2022-09/11/2022
- High Tides Digital Marketing
- Sep 12, 2022
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 09/04/2022-09/11/2022
LBI Real Estate Weekly Sales Update 09/04/2022-09/11/2022: There were 51 changes to the Long Beach Island real estate market this week which is in line with the amount of activity we have seen in recent weeks. As the LBI real estate market continues to balance out, we are seeing decreased inventory and more and more pending 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
12 new listings entered the market with an average price of $2,116,750
15 listings went under contract with an average listing price of about $1,423,962
10 properties sold on Long Beach Island with an average price of $1,716,600
8 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 09/04/2022-09/11/2022
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Current Price |
Coming Soon | NJOC2013104 | 1801 Long Beach Blvd | Beach Haven | $1,699,000 |
Coming Soon | NJOC2013204 | 13 E Middlesex Ave | Harvey Cedars | $2,900,000 |
New Active | NJOC2013136 | 900 N Beach Ave #8 | Beach Haven | $600,000 |
New Active | NJOC2013166 | 64 W 80th St | Harvey Cedars | $895,000 |
New Active | NJOC2013040 | 108 W Culver Ave | Long Beach Township | $1,749,000 |
New Active | NJOC2013206 | 122 E 29th St | Ship Bottom | $1,875,000 |
New Active | NJOC2013174 | 107 15th St | Ship Bottom | $1,989,000 |
New Active | NJOC2013066 | 69-C Long Beach | Long Beach Township | $2,100,000 |
New Active | NJOC2013114 | 17 15th | Long Beach Township | $2,250,000 |
New Active | NJOC2013022 | 17 Beacon Dr | Long Beach Township | $2,395,000 |
New Active | NJOC2013198 | 8004 Bay Ter | Harvey Cedars | $2,450,000 |
New Active | NJOC2013158 | 5 W S 32nd | Long Beach Township | $4,499,000 |
Back to Active | NJOC2013134 | 126 Laguna | Long Beach Township | $5,950,000 |
Price Decrease | NJOC2012412 | 505 Dock Rd #EAST SIDE | Beach Haven | $3,000 |
Price Decrease | NJOC2010282 | 11 E. 13th | Beach Haven | $1,129,000 |
Price Decrease | NJOC2010906 | 17 W Beck Ave | Long Beach Township | $1,149,000 |
Price Decrease | NJOC2012294 | 1102 Barnegat Ave | Ship Bottom | $1,300,000 |
Price Decrease | NJOC2012416 | 19 20th | Long Beach Township | $1,499,999 |
Price Decrease | NJOC2010964 | 101 Starr Ave | Long Beach Township | $1,749,000 |
Price Decrease | NJOC2009012 | 222 N 19th St | Surf City | $1,949,000 |
Price Decrease | NJOC2011602 | 1049-B Long Beach | Long Beach Township | $2,995,000 |
Active Under Contract | NJOC2011620 | 40 W 4th St #9 | Barnegat Light | $1,495,000 |
Active Under Contract | NJOC2012018 | 122 Amber St | Beach Haven | $2,200,000 |
Active Under Contract | NJOC2012008 | 5211 Long Beach | Long Beach Township | $2,299,000 |
Pending | NJOC2012640 | 220 W 21st St #2 | Ship Bottom | $1,425 |
Pending | NJOC2012758 | 310 West Ave #C-1 | Beach Haven | $649,000 |
Pending | NJOC2011960 | 1805 Long Beach Blvd #A | Ship Bottom | $699,000 |
Pending | NJOC2012210 | 235 W 13th St | Ship Bottom | $800,000 |
Pending | NJOC2010744 | 121 W Selfridge | Long Beach Township | $1,100,000 |
Pending | NJOC2011872 | 8007 Long Beach Blvd | Harvey Cedars | $1,195,000 |
Pending | NJOC2012882 | 15 E New York Ave | Long Beach Township | $1,199,000 |
Pending | NJOC2012874 | 1937 W Bay Ter | Ship Bottom | $1,599,000 |
Pending | NJOC2013062 | 273 N 11th St | Surf City | $1,749,000 |
Pending | NJOC2011270 | 5617 Holly Avenue | Harvey Cedars | $1,895,000 |
Pending | NJOC2012042 | 169-B Long Beach Blvd | Long Beach Township | $2,099,000 |
Pending | NJOC2011736 | 343 N 3rd St | Surf City | $2,380,000 |
Closed | NJOC2012558 | 5515 Long Beach Blvd #2 | Long Beach Township | $350,000 |
Closed | NJOC2011438 | 3601 Long Beach Blvd. #11 | Long Beach Township | $770,000 |
Closed | NJOC2009796 | 312 Coral St | Beach Haven | $940,000 |
Closed | NJOC2010412 | 265 W 12th St | Ship Bottom | $1,105,000 |
Closed | NJOC2008778 | 12 E Massachusetts Ave | Long Beach Township | $1,300,000 |
Closed | NJOC2011462 | 9 W 40th St | Long Beach Township | $1,702,000 |
Closed | NJOC2008090 | 1062-D Long Beach Blvd | Long Beach Township | $1,800,000 |
Closed | NJOC2009662 | 2514 Central Ave | Ship Bottom | $1,899,000 |
Closed | NJOC2009888 | 1126-C Long Beach | Long Beach Township | $3,300,000 |
Closed | NJOC2010936 | 107-D Long Beach Blvd | Long Beach Township | $4,000,000 |
Canceled | NJOC2009856 | 9301 N Susan | Long Beach Township | $1,750,000 |
Canceled | NJOC2003600 | 107 W 15th St | Ship Bottom | $1,989,000 |
Canceled | NJOC2008442 | 5 W S 32nd | Long Beach Township | $4,795,000 |
Expired | NJOC2010816 | 1034-B Long Beach Blvd | Long Beach Township | $1,859,000 |
Expired | NJOC2002952 | 3205 Ocean Blvd | Long Beach Township | $2,279,000 |
LBI New Jersey Real Estate Sales Analysis
Even though pending sales outpaced new listings, and the overall inventory levels have fallen recently, the LBI real estate market is balancing out. The market still favors sellers, but prices are no longer being pushed as they once were. This is evident in the 8 price drops this past week. As there always is, there are opportunities for both buyers and sellers in the current market! There are 118 active since family home listings in the MLS this week and 76 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 09/04/2022-09/11/2022 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
