LBI Real Estate Weekly Sales Update 1/17/2021-1/24/2021
- High Tides Digital Marketing
- Jan 25, 2021
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 1/17/2021-1/24/2021
LBI Real Estate Weekly Sales Update 1/17/2021-1/24/2021: There were a total 68 changes to the Long Beach Island real estate market this week. This seems to be the average change in the MLS over the past few days during the age of COVID. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
16 new listings entered the market with an average price of $1,597,125
27 listings went under contract with an average listing price of about $1,355,259
12 properties sold on Long Beach Island with an average price of $1,244,083
2 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 1/17/2021-1/24/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Current Price – Decimal |
Coming Soon | NJOC406608 | 909 S Bay Ave | Beach Haven | $935,000 |
Coming Soon | NJOC406562 | 819 N Ocean Ave | Surf City | $2,995,000 |
Coming Soon | NJOC406636 | 202 W S Ave | Beach Haven | $4,499,999 |
New Active | NJOC406574 | 9 Pearl St #3A | Beach Haven | $549,000 |
New Active | NJOC406550 | 109 N 3rd St | Surf City | $829,000 |
New Active | NJOC406580 | 16 W 6th St | Barnegat Light | $895,000 |
New Active | NJOC406564 | 1705 Long Beach Blvd | Long Beach Township | $899,000 |
New Active | NJOC406484 | 507-505 S Bay Ave | Beach Haven | $929,000 |
New Active | NJOC406554 | 112 N 3rd St | Surf City | $949,000 |
New Active | NJOC406560 | 2421 Long Beach Blvd., Unit C #C | Ship Bottom | $1,100,000 |
New Active | NJOC406686 | 17 E 14th St | Barnegat Light | $1,175,000 |
New Active | NJOC406570 | 17 E 14th St | Barnegat Light | $1,175,000 |
New Active | NJOC406316 | 501 Dock Rd | Beach Haven | $1,925,000 |
New Active | NJOC406422 | 123 E 14th | Long Beach Township | $1,999,999 |
New Active | NJOC406688 | 173-B Long Beach Blvd | Long Beach Township | $2,199,000 |
New Active | NJOC406516 | 202 W S Ave | Beach Haven | $2,499,999 |
Back to Active | NJOC406520 | 901 Ocean Ave #901 | Ship Bottom | $979,000 |
Back to Active | NJOC403752 | 215 5th St | Beach Haven | $1,100,000 |
Back to Active | NJOC394430 | 15-C Long Beach Blvd #C | Long Beach Township | $4,995,000 |
Price Decrease | NJOC404760 | 209 W 28th St | Ship Bottom | $1,190,000 |
Price Decrease | NJOC404528 | 209 W 28th St | Ship Bottom | $1,190,000 |
Price Decrease | NJOC404526 | 209 W 28th St | Ship Bottom | $1,190,000 |
Price Decrease | NJOC404150 | 13 E 37th St | Long Beach Township | $1,245,000 |
Price Decrease | NJOC403914 | 107 E 27th St | Long Beach Township | $1,565,000 |
Price Decrease | NJOC405476 | 3 E Tennessee | Long Beach Township | $1,799,999 |
Price Decrease | NJOC405462 | 131 Laguna Ln | Long Beach Township | $2,499,000 |
Price Increase | NJOC399668 | 101 W 9th St #303 | Ship Bottom | $769,000 |
Active Under Contract | NJOC400680 | 7903 Long Beach Blvd #A | Long Beach Township | $289,900 |
Active Under Contract | NJOC391092 | 1801 S Long Beach Blvd | Ship Bottom | $399,900 |
Active Under Contract | NJOC405798 | 1810 Central Ave #6 | Ship Bottom | $439,500 |
Active Under Contract | NJOC404702 | 5608 Ocean #U3 | Long Beach Township | $449,000 |
Active Under Contract | NJOC406250 | 5500 Long Beach | Long Beach Township | $899,900 |
Active Under Contract | NJOC406222 | 202 W 18th St | Ship Bottom | $1,199,000 |
Active Under Contract | NJOC402980 | 1807 N Long Beach Blvd | Surf City | $1,495,000 |
Active Under Contract | NJOC405534 | 15 N 2nd St | Surf City | $1,599,000 |
Active Under Contract | NJOC406428 | 114 E Jerome Ave | Long Beach Township | $1,699,000 |
Active Under Contract | NJOC404914 | 12106 Sunset | Long Beach Township | $2,295,000 |
Active Under Contract | NJOC403960 | 13 E Essex Ave | Harvey Cedars | $2,695,000 |
Active Under Contract | NJOC405818 | 123 Mariners Ln | Long Beach Township | $4,295,000 |
Pending | NJOC404222 | 1905 Pennsylvania Ave | Ship Bottom | $389,900 |
Pending | NJOC406494 | 8 W Harrington | Long Beach Township | $599,000 |
Pending | NJOC406492 | 8 W Harrington | Long Beach Township | $599,000 |
Pending | NJOC405090 | 333 N 7th Street | Surf City | $649,900 |
Pending | NJOC406236 | 9 E Pennsylvania | Long Beach Township | $674,999 |
Pending | NJOC405978 | 700 N Long Beach Blvd | Surf City | $724,000 |
Pending | NJOC405494 | 700 N Long Beach Blvd | Surf City | $724,000 |
Pending | NJOC396690 | 206 W Ship Bottom Ave | Ship Bottom | $850,000 |
Pending | NJOC406008 | 407 Coral St #A | Beach Haven | $989,000 |
Pending | NJOC406192 | 1002 N Beach Ave | Beach Haven | $999,000 |
Pending | NJOC404240 | 22 Warwick Ave | Harvey Cedars | $1,199,000 |
Pending | NJOC406272 | 327 Norwood Ave | Beach Haven | $1,350,000 |
Pending | NJOC406136 | 1082-E Long Beach Blvd | Long Beach Township | $1,824,000 |
Pending | NJOC401580 | 1201 S Beach Ave | Beach Haven | $2,275,000 |
Pending | NJOC400348 | 123 Colorado | Long Beach Township | $4,990,000 |
Closed | NJOC403090 | 27 E 25th #C4 | Long Beach Township | $330,000 |
Closed | NJOC394562 | 1902 Bayview Ave | Barnegat Light | $750,000 |
Closed | NJOC404712 | 1000 N Bay Ave #9-M | Beach Haven | $805,000 |
Closed | NJOC402556 | 1 E. California Ave. | Long Beach Township | $805,000 |
Closed | NJOC403898 | 311 N 2nd St | Surf City | $815,000 |
Closed | NJOC401856 | 1402 N Barnegat Ave | Surf City | $825,000 |
Closed | NJOC405004 | 19 E 33rd St | Long Beach Township | $850,000 |
Closed | NJOC402864 | 2-A W Dune Ln | Long Beach Township | $999,000 |
Closed | NJOC405482 | 327 Holyoke Ave | Beach Haven | $1,525,000 |
Closed | NJOC405708 | 209 E 22nd St | Long Beach Township | $2,000,000 |
Closed | NJOC402972 | 313 Beach Plum | Long Beach Township | $2,550,000 |
Closed | NJOC400664 | 1003-C Long Beach Blvd #C | Long Beach Township | $2,675,000 |
Temporary Off Market | NJOC405712 | 1086-A Long Beach #A | Long Beach Township | $1,795,000 |
Withdrawn | NJOC404206 | 120 East South 31st | Long Beach Township | $1,850,000 |
LBI New Jersey Real Estate Sales Analysis
The Long Beach Island real estate market has continued to show steady activity. As we have seen, pending and closed sales far outpaced the new inventory coming on the market. The supply of homes has been, and continues to be, a problem for buyers in the LBI real estate market in the age of COVID. As we come into February, historically we see an increase in activity in new homes on the market this time of year, so let's hope that is the case! For more information about buying, selling or investing in the Long Beach Island real estate market or about Real Estate Weekly Sales Update 1/17/2021-1/24/2021 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
