LBI Real Estate Weekly Sales Update 09/05/2021-09/12/2021
- High Tides Digital Marketing
- Sep 12, 2021
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 09/05/2021-09/12/2021
LBI Real Estate Weekly Sales Update 09/05/2021-09/12/2021: There were only 66 changes to the Long Beach Island real estate market this week, and almost a third of that activity was in the form of pending sales! To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
17 new listings entered the market with an average price of $1,485,307
25 listings went under contract with an average listing price of about $1,655,996
112 properties sold on Long Beach Island with an average price of $1,412,083
6 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 09/05/2021-09/12/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Area | Current Price – Decimal |
Coming Soon | NJOC2003024 | 204 S Atlantic Ave #301 | Beach Haven | LBI | $675,000 |
Coming Soon | NJOC2003026 | 342 N 2nd St | Surf City | LBI | $1,200,000 |
New Active | NJOC2002938 | 220 W 21st St #2 | Ship Bottom | LBI | $1,325 |
New Active | NJOC2003022 | 325 9th St | Beach Haven | LBI | $129,900 |
New Active | NJOC2002854 | 2 W 14th St | Barnegat Light | LBI | $879,000 |
New Active | NJOC2002596 | 13 E Rhode Island | Long Beach Township | LBI | $949,000 |
New Active | NJOC2002860 | 106 E 18th St | Ship Bottom | LBI | $995,000 |
New Active | NJOC2002858 | 2 W Jeanette | Long Beach Township | LBI | $1,195,000 |
New Active | NJOC2002814 | 27 E 23rd St | Long Beach Township | LBI | $1,249,000 |
New Active | NJOC2003028 | 1118-B Long Beach #B | Long Beach Township | LBI | $1,699,000 |
New Active | NJOC2002896 | 1 E Surf Ave | Beach Haven | LBI | $1,795,000 |
New Active | NJOC2002730 | 10 W 29th St | Long Beach Township | LBI | $1,999,000 |
New Active | NJOC2002756 | 211 Liberty Ave | Beach Haven | LBI | $2,300,000 |
New Active | NJOC2002742 | 2-A Long Beach Blvd | Long Beach Township | LBI | $2,395,000 |
New Active | NJOC2002956 | 3205 Ocean | Long Beach Township | LBI | $2,495,000 |
New Active | NJOC2002952 | 3205 Ocean Blvd | Long Beach Township | LBI | $2,495,000 |
New Active | NJOC2002974 | 115 E Mermaid | Long Beach Township | LBI | $2,799,000 |
Back to Active | NJOC409770 | 514-A Engleside Ave #A | Beach Haven | LBI | $459,000 |
Back to Active | NJOC2000492 | 304 W 21st St | Ship Bottom | LBI | $2,579,000 |
Price Decrease | NJOC2002108 | 2108 S Bay Ave #B | Beach Haven | LBI | $715,000 |
Price Decrease | NJOC2002376 | 333 W 11th St | Ship Bottom | LBI | $1,099,000 |
Price Decrease | NJOC2002638 | 116 E 11th St | Ship Bottom | LBI | $4,125,000 |
Price Increase | NJOC408068 | 7913 Long Beach Blvd | Long Beach Township | LBI | $1,749,900 |
Active Under Contract | NJOC2001382 | Harvey Cedars | LBI | $119,900 | |
Active Under Contract | NJOC2002642 | 382 N 3rd St | Surf City | LBI | $899,000 |
Active Under Contract | NJOC2002058 | 322 W 11th St | Ship Bottom | LBI | $1,050,000 |
Active Under Contract | NJOC2002520 | 4-East 18th | Long Beach Township | LBI | $1,299,000 |
Active Under Contract | NJOC2002570 | 130 E 7th St | Ship Bottom | LBI | $1,499,000 |
Active Under Contract | NJOC409276 | 120 Taylor Ave | Beach Haven | LBI | $1,499,000 |
Active Under Contract | NJOC2001890 | 37 Hideaway | Long Beach Township | LBI | $1,549,000 |
Active Under Contract | NJOC2000950 | 162 E Long Beach Boulevard | Long Beach Township | LBI | $2,450,000 |
Active Under Contract | NJOC2001900 | 43 N 22nd St | Surf City | LBI | $3,399,000 |
Pending | NJOC2002620 | 100 E Lillie #U2 | Long Beach Township | LBI | $649,000 |
Pending | NJOC137656 | 321 14th St | Ship Bottom | LBI | $700,000 |
Pending | NJOC2002890 | 116 E 19th St E | Ship Bottom | LBI | $749,999 |
Pending | NJOC2002352 | 110 W 26th St | Ship Bottom | LBI | $850,000 |
Pending | NJOC2001198 | 326 N 4th St | Surf City | LBI | $999,000 |
Pending | NJOC2001274 | 1201 S Bay Ave | Beach Haven | LBI | $1,050,000 |
Pending | NJOC2002246 | 408 N Atlantic Ave | Beach Haven | LBI | $1,149,000 |
Pending | NJOC2001650 | 115 28th St #UNIT B | Long Beach Township | LBI | $1,200,000 |
Pending | NJOC2001042 | 202 E 15th | Long Beach Township | LBI | $1,399,000 |
Pending | NJOC2002328 | 38 N 22nd St | Surf City | LBI | $1,699,000 |
Pending | NJOC2001854 | 372 W 13th St | Ship Bottom | LBI | $1,999,000 |
Pending | NJOC2001624 | 129 E South 34th | Long Beach Township | LBI | $1,999,000 |
Pending | NJOC2001232 | 118 E South East 31st St E | Long Beach Township | LBI | $2,650,000 |
Pending | NJOC2001924 | 131-A Laguna Ln | Long Beach Township | LBI | $2,799,000 |
Pending | NJOC407206 | 7 W North Carolina Ave | Long Beach Township | LBI | $3,495,000 |
Pending | NJOC2000682 | 34 W Holly Drive | Long Beach Township | LBI | $4,249,000 |
Closed | NJOC2000346 | 315 5th St #U3 | Beach Haven | LBI | $500,000 |
Closed | NJOC410070 | 2219 Central Ave #1 | Ship Bottom | LBI | $505,000 |
Closed | NJOC2002874 | 7 W 16th St | Barnegat Light | LBI | $850,000 |
Closed | NJOC2003008 | 343 N 2nd St | Surf City | LBI | $926,000 |
Closed | NJOC2000118 | 13516 Beach #B | Long Beach Township | LBI | $999,999 |
Closed | NJOC395248 | 417 Coral St #W | Beach Haven | LBI | $1,075,000 |
Closed | NJOC2000164 | 3 Winifred | Long Beach Township | LBI | $1,120,000 |
Closed | NJOC410682 | 2 Lillie | Long Beach Township | LBI | $1,149,000 |
Closed | NJOC407184 | 38 W 8th St | Barnegat Light | LBI | $1,425,000 |
Closed | NJOC409192 | 8 W Roosevelt Ave | Long Beach Township | LBI | $1,695,000 |
Closed | NJOC2000296 | 12214 Ocean Ave | Long Beach Township | LBI | $2,200,000 |
Closed | NJOC2000994 | 30 Hideaway Dr | Long Beach Township | LBI | $4,500,000 |
Temporary Off Market | NJOC2000598 | 1926 W Bay Ter | Ship Bottom | LBI | $1,800,000 |
Temporary Off Market | NJOC2000920 | 59 Holly Dr | Long Beach Township | LBI | $3,200,000 |
Withdrawn | NJOC2001158 | 115 E Mermaid | Long Beach Township | LBI | $1,599,000 |
Withdrawn | NJOC2001166 | 115 E Mermaid | Long Beach Township | LBI | $1,599,000 |
Canceled | NJOC2002746 | 2100 N Long Beach Blvd | Surf City | LBI | $999,000 |
Canceled | NJOC2001118 | 120 W Ohio Ave | Long Beach Township | LBI | $2,295,000 |
LBI New Jersey Real Estate Sales Analysis
For the second week in a row, we have seen more pending sales than new listings entering the market. This has dropped the number of active listings down reversing a trend of improving inventory levels. Right now, there are about 188 listings for sale in all categories and I estimate about 10% of these listings have offers or contracts on them. 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 09/05/2021-09/12/2021 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
