LBI Real Estate Weekly Sales Update 1/24/2021-1/31/2021
- High Tides Digital Marketing
- Jan 31, 2021
- 6 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 1/24/2021-1/31/2021
LBI Real Estate Weekly Sales Update 1/24/2021-1/31/2021: There were a total 88 changes to the Long Beach Island real estate market this week. The sales activity was spread over all categories with pending sales continuing to be one of the most active areas this week. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
22 new listings entered the market with an average price of $1,530,045
31 listings went under contract with an average listing price of about $1,525,768
14 properties sold on Long Beach Island with an average price of $1,313,357
7 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 1/24/2021-1/31/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC406892 | 411 N 3rd St | Surf City | LBI | $1,899,000 |
Coming Soon | NJOC406732 | 120 E Louisiana | Long Beach Township | LBI | $6,749,999 |
New Active | NJOC406874 | 3205 Ocean #1 | Long Beach Township | LBI | $105,000 |
New Active | NJOC406668 | 2421 Long Beach Blvd. #B | Ship Bottom | LBI | $399,000 |
New Active | NJOC406670 | 2421 Long Beach Blvd. #A | Ship Bottom | LBI | $399,000 |
New Active | NJOC406756 | 1709 N Long Beach Blvd | Surf City | LBI | $525,000 |
New Active | NJOC406752 | 1709 N Long Beach Blvd | Surf City | LBI | $595,000 |
New Active | NJOC406830 | 2-South 33rd | Long Beach Township | LBI | $799,000 |
New Active | NJOC406608 | 909 S Bay Ave | Beach Haven | LBI | $935,000 |
New Active | NJOC406760 | 15 Cleveland | Long Beach Township | LBI | $989,000 |
New Active | NJOC406718 | 386 N 4th St | Surf City | LBI | $999,000 |
New Active | NJOC406750 | 1709 N Long Beach Blvd | Surf City | LBI | $1,045,000 |
New Active | NJOC406848 | 1013-A Long Beach Boulevard #A | Long Beach Township | LBI | $1,195,000 |
New Active | NJOC406844 | 1608 Beach | Long Beach Township | LBI | $1,395,000 |
New Active | NJOC406828 | 1608 Beach | Long Beach Township | LBI | $1,395,000 |
New Active | NJOC406814 | 61 Adrian Rd | Long Beach Township | LBI | $1,475,000 |
New Active | NJOC406856 | 1046-C-2 Long Beach Blvd #C-2 | Long Beach Township | LBI | $1,495,000 |
New Active | NJOC406744 | 2202 Central Ave | Barnegat Light | LBI | $1,649,000 |
New Active | NJOC406654 | 8302 Beach Ave | Long Beach Township | LBI | $1,924,999 |
New Active | NJOC406688 | 173-B Long Beach Blvd | Long Beach Township | LBI | $2,199,000 |
New Active | NJOC406716 | 2401 Bay Vista | Surf City | LBI | $2,499,000 |
New Active | NJOC406562 | 819 N Ocean Ave | Surf City | LBI | $2,995,000 |
Back to Active | NJOC401308 | 11 E 74th Unit 3 Ave | Harvey Cedars | LBI | $105,000 |
Back to Active | NJOC405978 | 700 N Long Beach Blvd | Surf City | LBI | $750,000 |
Back to Active | NJOC405494 | 700 N Long Beach Blvd | Surf City | LBI | $750,000 |
Back to Active | NJOC403826 | 9306 N Susan Ln | Long Beach Township | LBI | $799,999 |
Back to Active | NJOC394474 | 504 Central Ave | Barnegat Light | LBI | $825,000 |
Back to Active | NJOC406764 | 12 E Massachusetts | Long Beach Township | LBI | $1,065,000 |
Back to Active | NJOC406820 | 1046-C-1 Long Beach Blvd #C-1 | Long Beach Township | LBI | $1,495,000 |
Back to Active | NJOC400832 | 3701 Long Beach Blvd S | Long Beach Township | LBI | $2,700,000 |
Price Decrease | NJOC405386 | 2404 Long Beach Blvd | Long Beach Township | LBI | $729,000 |
Price Decrease | NJOC405778 | 201 W 28th St | Ship Bottom | LBI | $739,000 |
Price Decrease | NJOC405624 | 322 6th St W | Ship Bottom | LBI | $929,900 |
Price Decrease | NJOC402734 | 2416 Bay Vista | Surf City | LBI | $1,199,000 |
Price Decrease | NJOC404014 | 50 Amherst | Long Beach Township | LBI | $1,199,000 |
Price Decrease | NJOC405462 | 131 Laguna Ln | Long Beach Township | LBI | $2,499,000 |
Active Under Contract | NJOC403590 | 32 W South 32nd #C6 | Long Beach Township | LBI | $950,000 |
Active Under Contract | NJOC406434 | 18 E 8th St | Barnegat Light | LBI | $999,000 |
Active Under Contract | NJOC404694 | 602 N Atlantic Ave | Beach Haven | LBI | $1,199,000 |
Active Under Contract | NJOC404690 | 602 N Atlantic Ave | Beach Haven | LBI | $1,199,000 |
Active Under Contract | NJOC405242 | 507 Drexel Ave | Ship Bottom | LBI | $1,200,000 |
Active Under Contract | NJOC404242 | 4900-B Long Beach #B | Long Beach Township | LBI | $1,380,000 |
Active Under Contract | NJOC406418 | 7 Steven | Long Beach Township | LBI | $1,495,000 |
Active Under Contract | NJOC385778 | 4700a Bay Ter | Long Beach Township | LBI | $1,699,000 |
Active Under Contract | NJOC405476 | 3 E Tennessee | Long Beach Township | LBI | $1,799,999 |
Active Under Contract | NJOC394430 | 15-C Long Beach Blvd #C | Long Beach Township | LBI | $4,995,000 |
Pending | NJOC400680 | 7903 Long Beach Blvd #A | Long Beach Township | LBI | $289,900 |
Pending | NJOC406346 | 310 S Atlantic Ave #U1 | Beach Haven | LBI | $339,000 |
Pending | NJOC404746 | 507 N Beach Ave | Beach Haven | LBI | $599,000 |
Pending | NJOC399676 | 101 W 9th St #204 | Ship Bottom | LBI | $599,999 |
Pending | NJOC396968 | 14 Osborn | Long Beach Township | LBI | $749,000 |
Pending | NJOC406780 | 7 E 8th St | Barnegat Light | LBI | $750,000 |
Pending | NJOC405910 | 508 Central Ave | Barnegat Light | LBI | $849,900 |
Pending | NJOC406564 | 1705 Long Beach Blvd | Long Beach Township | LBI | $899,000 |
Pending | NJOC406334 | 105 S Barnegat Ave | Surf City | LBI | $899,000 |
Pending | NJOC404826 | 3 E 15th St | Barnegat Light | LBI | $949,000 |
Pending | NJOC404146 | 1000 N Bay Ave #1S | Beach Haven | LBI | $999,000 |
Pending | NJOC403752 | 215 5th St | Beach Haven | LBI | $1,100,000 |
Pending | NJOC401408 | 36 N 4th St | Surf City | LBI | $1,179,000 |
Pending | NJOC402888 | 125 23rd Ave | Long Beach Township | LBI | $1,299,000 |
Pending | NJOC400482 | 23 Cedars Ave | Harvey Cedars | LBI | $1,590,000 |
Pending | NJOC406244 | 127 Second St | Beach Haven | LBI | $1,895,000 |
Pending | NJOC406422 | 123 E 14th | Long Beach Township | LBI | $1,999,999 |
Pending | NJOC396932 | 1605 N Ocean Ave | Surf City | LBI | $2,100,000 |
Pending | NJOC405074 | 260 Pompano Dr | Long Beach Township | LBI | $2,799,000 |
Pending | NJOC399754 | 171-A Long Beach Boulevard | Long Beach Township | LBI | $3,499,000 |
Pending | NJOC405076 | 109-F Long Beach Blvd | Long Beach Township | LBI | $4,999,000 |
Closed | NJOC400682 | 7903 Long Beach Blvd #B | Long Beach Township | LBI | $318,000 |
Closed | NJOC403022 | 1001 Ocean Ave #1009 | Ship Bottom | LBI | $685,000 |
Closed | NJOC402476 | 2300 N Central Ave | Surf City | LBI | $755,000 |
Closed | NJOC398442 | 304 Iroquois Ave | Beach Haven | LBI | $775,000 |
Closed | NJOC403408 | 230 W 17th St W | Ship Bottom | LBI | $800,000 |
Closed | NJOC405678 | 180 Marina Blvd | Long Beach Township | LBI | $977,500 |
Closed | NJOC403634 | 1042-C Long Beach Boulevard #C | Long Beach Township | LBI | $1,125,000 |
Closed | NJOC406202 | 4 E Mermaid Lane | Long Beach Township | LBI | $1,249,000 |
Closed | NJOC404448 | 29 N 4th St | Surf City | LBI | $1,415,000 |
Closed | NJOC401364 | 16 E 80th St | Harvey Cedars | LBI | $1,590,000 |
Closed | NJOC405308 | 323 N. 8th St | Surf City | LBI | $1,602,500 |
Closed | NJOC406860 | 48 N 13th Street | Surf City | LBI | $1,900,000 |
Closed | NJOC402172 | 17 N 7th St | Surf City | LBI | $1,900,000 |
Closed | NJOC404258 | 121 Massachusetts | Long Beach Township | LBI | $3,295,000 |
Temporary Off Market | NJOC406382 | 4-C Long Beach Blvd #C | Long Beach Township | LBI | $1,495,000 |
Canceled | NJOC404512 | 355 W 8th St | Ship Bottom | LBI | $895,000 |
Canceled | NJOC406754 | 1046-C-1 Long Beach Blvd #C-1 | Long Beach Township | LBI | $1,495,000 |
Canceled | NJOC403082 | 12-A E Essex Ave | Harvey Cedars | LBI | $2,249,000 |
Expired | NJOC393002 | 508 Central Ave | Ship Bottom | LBI | $699,900 |
Expired | NJOC393004 | 508 Central Ave | Ship Bottom | LBI | $699,900 |
Expired | NJOC400882 | 6 Rosemma | Long Beach Township | LBI | $999,000 |
LBI New Jersey Real Estate Sales Analysis
While there were once again more pending sales than new listings, we are seeing a little more in the way of new inventory coming on the market. This is typical for this time of year and, hopefully, will help give some buyers additional options in the Long Beach Island real estate market. The average price remains high, over $1,500,000, and while there is such a disparity between supply and demand coupled with the low-interest rates being offered to buyers, it is doubtful we will see any decrease in the average sales price of a home in the LBI real estate market. 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 1/24/2021-1/31/2021 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
