LBI Real Estate Weekly Sales Update 09-29-2024 to 10-26-2024
- High Tides Digital Marketing
- Oct 6, 2024
- 6 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 09-29-2024 to 10-26-2024
LBI Real Estate Weekly Sales Update 09-29-2024 to 10-26-2024: It was a busy week in the Long Beach Island real estate market with over 70 changes to the market! The activity this week showed once again how balanced the market is on Long Beahc Island. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
18 new listings entered the market with an average price of $2,329,972
17 listings went under contract with an average listing price of about $1,575,471
12 properties sold on Long Beach Island with an average price of $1,986,167
9 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 09-29-2024 to 10-26-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2029178 | 420 Eighth St #3N | Beach Haven | LBI Real Estate Market | $1,250,000 |
Coming Soon | NJOC2029326 | 1106 Central Ave | Barnegat Light | LBI Real Estate Market | $2,150,000 |
Coming Soon | NJOC2029084 | 9-B W Bergen Ave | Harvey Cedars | LBI Real Estate Market | $2,999,000 |
New Active | NJOC2029248 | 510 N Bay Ave #102 | Beach Haven | LBI Real Estate Market | $819,500 |
New Active | NJOC2029260 | 420 Eighth #2N | Beach Haven | LBI Real Estate Market | $1,249,000 |
New Active | NJOC2029286 | 901 Ocean Ave #1ST/914 | Ship Bottom | LBI Real Estate Market | $1,300,000 |
New Active | NJOC2028862 | 2 E California Avenue #B | Long Beach Township | LBI Real Estate Market | $1,649,000 |
New Active | NJOC2029236 | 103 E 86th Sea Glass | Long Beach Township | LBI Real Estate Market | $1,749,000 |
New Active | NJOC2029288 | 300 W 19th St | Ship Bottom | LBI Real Estate Market | $1,750,000 |
New Active | NJOC2029144 | 1013-A Long Beach | Long Beach Township | LBI Real Estate Market | $1,839,000 |
New Active | NJOC2028402 | 1042-B Long Beach Blvd. #1 | Long Beach Township | LBI Real Estate Market | $1,895,000 |
New Active | NJOC2029096 | 356 W 14th St | Ship Bottom | LBI Real Estate Market | $1,999,000 |
New Active | NJOC2029272 | 119 N 17th St | Surf City | LBI Real Estate Market | $2,399,000 |
New Active | NJOC2028206 | 22 E 8 Th St | Barnegat Light | LBI Real Estate Market | $2,499,000 |
New Active | NJOC2029316 | 109 N 4th St | Surf City | LBI Real Estate Market | $2,699,000 |
New Active | NJOC2029278 | 8312 Bay Ter | Harvey Cedars | LBI Real Estate Market | $3,695,000 |
New Active | NJOC2029166 | 204 2nd Street | Beach Haven | LBI Real Estate Market | $4,400,000 |
New Active | NJOC2029280 | 1109-B Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $5,599,000 |
Back to Active | NJOC2026966 | 450 Dock Rd | Beach Haven | LBI Real Estate Market | $1,099,000 |
Price Decrease | NJOC2028110 | 23 N 10th St | Surf City | LBI Real Estate Market | $2,000 |
Price Decrease | NJOC2027856 | 2506 Central Ave | Barnegat Light | LBI Real Estate Market | $1,399,999 |
Price Decrease | NJOC2028428 | 13 W 14th St | Barnegat Light | LBI Real Estate Market | $1,469,999 |
Price Decrease | NJOC2028326 | 2305 S Bay Ave #B | Beach Haven | LBI Real Estate Market | $1,549,000 |
Price Decrease | NJOC2027984 | 18 W Alabama | Long Beach Township | LBI Real Estate Market | $1,574,999 |
Price Decrease | NJOC2028522 | 100 S West Avenue #3 | Beach Haven | LBI Real Estate Market | $1,695,000 |
Price Decrease | NJOC2027812 | 5 W Sand Dune | Long Beach Township | LBI Real Estate Market | $1,699,999 |
Price Decrease | NJOC2025592 | 4300-C Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $1,950,000 |
Price Decrease | NJOC2027614 | 26 E 52nd St | Long Beach Township | LBI Real Estate Market | $2,189,000 |
Active Under Contract | NJOC2028622 | 1810 Central Avenue Unit ##11 | Ship Bottom | LBI Real Estate Market | $389,000 |
Active Under Contract | NJOC2028798 | 3601 Long Beach Blvd #12 | Long Beach Township | LBI Real Estate Market | $799,000 |
Active Under Contract | NJOC2028546 | 106 S Barnegat Ave | Surf City | LBI Real Estate Market | $1,495,000 |
Active Under Contract | NJOC2028578 | 22 New York | Long Beach Township | LBI Real Estate Market | $1,779,999 |
Active Under Contract | NJOC2028202 | 270 16th St W | Ship Bottom | LBI Real Estate Market | $2,650,000 |
Active Under Contract | NJOC2029184 | 12711 Beach Ave | Long Beach Township | LBI Real Estate Market | $2,999,000 |
Pending | NJOC2026440 | 5515 Long Beach | Long Beach Township | LBI Real Estate Market | $415,000 |
Pending | NJOC2023196 | 242 W 15th St #1 | Ship Bottom | LBI Real Estate Market | $644,000 |
Pending | NJOC2026372 | 201 W Ship Bottom Ave #5 | Ship Bottom | LBI Real Estate Market | $649,000 |
Pending | NJOC2023214 | 242 W 15th #2 | Ship Bottom | LBI Real Estate Market | $675,000 |
Pending | NJOC2029108 | 101 W 9th St #102 | Ship Bottom | LBI Real Estate Market | $895,000 |
Pending | NJOC2028690 | 1805 Central Ave | Barnegat Light | LBI Real Estate Market | $950,000 |
Pending | NJOC2028252 | 2105 Central Ave | Barnegat Light | LBI Real Estate Market | $975,000 |
Pending | NJOC2028236 | 266 N 1st St | Surf City | LBI Real Estate Market | $2,195,000 |
Pending | NJOC2023740 | 15 N 15th St | Surf City | LBI Real Estate Market | $2,799,000 |
Pending | NJOC2025082 | 3 E Ramapo Ln | Long Beach Township | LBI Real Estate Market | $2,895,000 |
Pending | NJOC2026940 | 7 W Ryerson Ln | Long Beach Township | LBI Real Estate Market | $3,579,000 |
Closed | NJOC2027512 | 33 N 24th St #2 | Surf City | LBI Real Estate Market | $1,525 |
Closed | NJOC2027666 | 310 S West Ave #C1 | Beach Haven | LBI Real Estate Market | $840,000 |
Closed | NJOC2027530 | 310 S West Ave #B2 | Beach Haven | LBI Real Estate Market | $985,000 |
Closed | NJOC2028456 | 21 Webster | Long Beach Township | LBI Real Estate Market | $1,210,000 |
Closed | NJOC2028382 | 21 Webster Ave | Long Beach Township | LBI Real Estate Market | $1,210,000 |
Closed | NJOC2026132 | 32 W New York | Long Beach Township | LBI Real Estate Market | $1,575,000 |
Closed | NJOC2026184 | 15 E 36th St | Long Beach Township | LBI Real Estate Market | $1,725,000 |
Closed | NJOC2024680 | 103 Osborn Ave | Long Beach Township | LBI Real Estate Market | $1,799,000 |
Closed | NJOC2027540 | 21 W Bayberry Dr | Long Beach Township | LBI Real Estate Market | $1,875,000 |
Closed | NJOC2027430 | 125 Fifth St | Beach Haven | LBI Real Estate Market | $2,050,000 |
Closed | NJOC2025334 | 315 W 7th St | Ship Bottom | LBI Real Estate Market | $2,495,000 |
Closed | NJOC2025380 | 119 E South Carolina | Long Beach Township | LBI Real Estate Market | $2,875,000 |
Closed | NJOC2022024 | 69-C Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $5,195,000 |
Temporary Off Market | NJOC2024522 | 57-B Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $7,395,000 |
Withdrawn | NJOC2024882 | 242 W 15th St | Ship Bottom | LBI Real Estate Market | $1,295,000 |
Expired | NJOC2025118 | 2508-#2a Long Beach Blvd | Ship Bottom | LBI Real Estate Market | $527,000 |
Expired | NJOC2024610 | 2504 Long Beach Boulevard ##3A | Ship Bottom | LBI Real Estate Market | $542,000 |
Expired | NJOC2024030 | 2504, 2508-#3A #2A LONG BEACH BLVD | Ship Bottom | LBI Real Estate Market | $1,069,000 |
Expired | NJOC2023928 | 2504, 2508, 2512 Long Beach Blvd | Ship Bottom | LBI Real Estate Market | $1,649,000 |
Expired | NJOC2024826 | 24 E 21st St E | Long Beach Township | LBI Real Estate Market | $1,999,000 |
Expired | NJOC2020922 | 1414 Bay Ter | Ship Bottom | LBI Real Estate Market | $2,624,900 |
Expired | NJOC2016326 | 6109 Ocean Blvd | Long Beach Township | LBI Real Estate Market | $2,670,000 |
Expired | NJOC2028222 | 444 Schoderer Ln | Surf City | LBI Real Estate Market | $2,699,000 |
Expired | NJOC2025008 | 47 N 24th | Surf City | LBI Real Estate Market | $3,199,000 |
Expired | NJOC2021994 | 704 Broadway | Barnegat Light | LBI Real Estate Market | $3,500,000 |
Expired | NJOC2016894 | 704 Broadway | Barnegat Light | LBI Real Estate Market | $3,500,000 |
LBI New Jersey Real Estate Sales Analysis
As we have seen over the past 2 years or so, the LBI real estate market is in a state of near perfect balance. There were 18 new listings this week and 17 pending sales. In otherwords, supply and demand are working together to create a balanced market. As new inventory comes up, it is absorbed by buyers in a very short time, typically around 60-90 days. There are 141 active listings in the MLS this week and 55 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 09-29-2024 to 10-26-2024, 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
