LBI Real Estate Weekly Sales Update 09-05-2021 to 09-12-2021
- High Tides Digital Marketing
- Apr 14, 2024
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 04-07/2024 to 04-14-2024
LBI Real Estate Weekly Sales Update 09-05-2021 to 09-12-2021: It was a rather slow week in the Long Beach Island real estate market with only 29 changes to the sales market. While overall activity was lower, pending sales were way up 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
5 new listings entered the market with an average price of $2,902,800
13 listings went under contract with an average listing price of about $2,523,384
5 properties sold on Long Beach Island with an average price of $3,620,000
3 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 09-05-2021 to 09-12-2021
Below is a breakdown of all market activity on Long Beach Island over the past week in the Long Beach Island real estate market. 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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Zip Code | Current Price |
Coming Soon | NJOC2025100 | 4703 S Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $4,799,000 |
New Active | NJOC2025024 | 335 S 2nd Street W | Surf City | LBI | Zip Code 08008 | $1,925,000 |
New Active | NJOC2025064 | 125 SE 34th St | Long Beach Township | LBI | Zip Code 08008 | $1,999,999 |
New Active | NJOC2025082 | 3 E Ramapo Ln | Long Beach Township | LBI | Zip Code 08008 | $2,895,000 |
New Active | NJOC2025046 | 119 E Lillie Ave | Long Beach Township | LBI | Zip Code 08008 | $2,895,000 |
Price Decrease | NJOC2023530 | 905 N Bay Ave | Beach Haven | LBI | Zip Code 08008 | $125,000 |
Price Decrease | NJOC2024108 | 35-A W Maryland Ave | Long Beach Township | LBI | Zip Code 08008 | $1,050,000 |
Price Decrease | NJOC2023774 | 51 N 21st St | Surf City | LBI | Zip Code 08008 | $2,695,000 |
Price Increase | NJOC2021426 | 435 N 3rd St | Surf City | LBI | Zip Code 08008 | $1,899,000 |
Active Under Contract | NJOC2023488 | 20 W Mermaid Ln | Long Beach Township | LBI | Zip Code 08008 | $1,125,000 |
Active Under Contract | NJOC2023948 | 31 W 87th St | Long Beach Township | LBI | Zip Code 08008 | $1,299,000 |
Active Under Contract | NJOC2023944 | 31 W 87th St | Long Beach Township | LBI | Zip Code 08008 | $1,299,000 |
Active Under Contract | NJOC2024790 | 287 N 16th St | Surf City | LBI | Zip Code 08008 | $1,500,000 |
Active Under Contract | NJOC2023104 | 5 W Coughlan | Long Beach Township | LBI | Zip Code 08008 | $2,199,000 |
Active Under Contract | NJOC2024772 | 10 E Nebraska Ave | Long Beach Township | LBI | Zip Code 08008 | $2,499,999 |
Active Under Contract | NJOC2023526 | 168-F W Long Beach Boulevard | Long Beach Township | LBI | Zip Code 08008 | $3,299,000 |
Active Under Contract | NJOC2024742 | 45-C Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $4,199,990 |
Active Under Contract | NJOC2021236 | 131-C Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $5,995,000 |
Pending | NJOC2018342 | 8 W Maryland Ave | Long Beach Township | LBI | Zip Code 08008 | $1,590,000 |
Pending | NJOC2023962 | 1 Hudson Ave | Harvey Cedars | LBI | Zip Code 08008 | $2,299,000 |
Pending | NJOC2023070 | 3 E Surf Ave | Long Beach Township | LBI | Zip Code 08008 | $2,699,000 |
Pending | NJOC2024638 | 125 Herbert Ave | Long Beach Township | LBI | Zip Code 08008 | $2,800,000 |
Closed | NJOC2021666 | 265 W 12th St | Ship Bottom | LBI | Zip Code 08008 | $1,800 |
Closed | NJOC2020342 | 3 E 9th St | Barnegat Light | LBI | Zip Code 08008 | $1,250,000 |
Closed | NJOC2024390 | 2502 Central Ave | Barnegat Light | LBI | Zip Code 08008 | $1,575,000 |
Closed | NJOC2021412 | 225 Oceana Drive | Long Beach Township | LBI | Zip Code 08008 | $3,100,000 |
Closed | NJOC2021808 | 110 E Jeanette Ave | Long Beach Township | LBI | Zip Code 08008 | $5,675,000 |
Closed | NJOC2023940 | 15 N Ocean Ave | Surf City | LBI | Zip Code 08008 | $6,500,000 |
Withdrawn | NJOC2023532 | 1900 Virginia Ave | Beach Haven | LBI | Zip Code 08008 | $8,999,999 |
LBI New Jersey Real Estate Sales Analysis
In the past few weeks, we have seen an increase in new listings. As I predicted, the new inventory was quickly absorbed, which led to a higher-than-average number of pending sales this week. This predictable market trends shows that buyers still have a lot of confidence in the LBI real estate market. There are 108 active listings in the MLS this week and 60 pending sales. The number of active listings has dropped quite a bit, while the number of pending sales jumped. This tells us that for now, the balance point of the LBI real estate market is about 100 homes. 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 to 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
