LBI Real Estate Weekly Sales Update 1-7-2024 to 1-14-2024
- High Tides Digital Marketing
- Jan 14, 2024
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 1-7-2024 to 1-14-2024
LBI Real Estate Weekly Sales Update 1-7-2024 to 1-14-2024: We are now into the new year and market activity has resumed to normal levels. There were 36 changes to the LBI real estate market this week, which is about normal for this time of year. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
13 new listings entered the market with an average price of $2,039,069
9 listings went under contract with an average listing price of about $1,469,222
2 properties sold on Long Beach Island with an average price of $1,512,889
5 listings saw price reductions in the LBI real estate market and one home increased the listing price
LBI Real Estate Weekly Sales Update 1-7-2024 to 1-14-2024
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 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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 |
New Active | NJOC2023196 | 242 W 15th St #1 | Ship Bottom | LBI | Zip 08008 | $669,000 |
New Active | NJOC2023214 | 242 W 15th #2 | Ship Bottom | LBI | Zip 08008 | $699,000 |
New Active | NJOC2023218 | 21 W Sail Boat Lane | Long Beach Township | LBI | Zip 08008 | $979,000 |
New Active | NJOC2023252 | 319 W 8th St | Ship Bottom | LBI | Zip 08008 | $1,399,900 |
New Active | NJOC2023234 | 376 W 5th St | Ship Bottom | LBI | Zip 08008 | $1,475,000 |
New Active | NJOC2023188 | 217 N 9th St | Surf City | LBI | Zip 08008 | $1,699,000 |
New Active | NJOC2023190 | 4300-C Long Beach Blvd | Long Beach Township | LBI | Zip 08008 | $1,995,000 |
New Active | NJOC2023284 | 6 W 20th St | Barnegat Light | LBI | Zip 08008 | $2,394,000 |
New Active | NJOC2022930 | 234 N 6th St | Surf City | LBI | Zip 08008 | $2,399,000 |
New Active | NJOC2023308 | 375 W 6th St | Ship Bottom | LBI | Zip 08008 | $2,580,000 |
New Active | NJOC2023306 | 105 N Central Ave | Surf City | LBI | Zip 08008 | $2,595,000 |
New Active | NJOC2023298 | 100 E Colorado Ave #WEST | Long Beach Township | LBI | Zip 08008 | $2,875,000 |
New Active | NJOC2023310 | 197 Nautilus Dr | Long Beach Township | LBI | Zip 08008 | $4,749,000 |
Back to Active | NJOC2020342 | 3 E 9th St | Barnegat Light | LBI | Zip 08008 | $1,499,000 |
Back to Active | NJOC2017734 | 2 W Cleveland | Long Beach Township | LBI | Zip 08008 | $5,750,000 |
Price Decrease | NJOC2021464 | 8 E 30th | Long Beach Township | LBI | Zip 08008 | $1,399,000 |
Price Decrease | NJOC2021328 | 8 E 30th St | Long Beach Township | LBI | Zip 08008 | $1,399,000 |
Price Decrease | NJOC2021232 | 6 Carolina | Long Beach Township | LBI | Zip 08008 | $1,895,000 |
Price Decrease | NJOC2023152 | 100 E Colorado Ave #EAST | Long Beach Township | LBI | Zip 08008 | $3,050,000 |
Price Decrease | NJOC2021176 | 7401 Ocean Blvd | Long Beach Township | LBI | Zip 08008 | $6,795,000 |
Price Increase | NJOC2023184 | 356 W 14th St | Ship Bottom | LBI | Zip 08008 | $1,799,999 |
Active Under Contract | NJOC2022804 | 9 Pearl St #1.E | Beach Haven | LBI | Zip 08008 | $799,000 |
Active Under Contract | NJOC2021878 | 315 W 10th St | Ship Bottom | LBI | Zip 08008 | $889,000 |
Active Under Contract | NJOC2021732 | 13 E Jeanette Ave | Long Beach Township | LBI | Zip 08008 | $1,079,000 |
Active Under Contract | NJOC2022004 | 301 W 18th St | Ship Bottom | LBI | Zip 08008 | $1,398,000 |
Active Under Contract | NJOC2021642 | 139 E 24th St | Ship Bottom | LBI | Zip 08008 | $1,599,000 |
Active Under Contract | NJOC2021248 | 233 N 1st St | Surf City | LBI | Zip 08008 | $1,999,999 |
Pending | NJOC2022854 | 21 E 49th St | Long Beach Township | LBI | Zip 08008 | $1,299,000 |
Pending | NJOC2023048 | 5300 West Ave | Long Beach Township | LBI | Zip 08008 | $1,510,000 |
Pending | NJOC2019978 | 3 Olsen Ave | Harvey Cedars | LBI | Zip 08008 | $2,649,999 |
Closed | NJOC2021298 | 221 4th St | Beach Haven | LBI | Zip 08008 | $1,400,000 |
Closed | NJOC2021398 | 7 E 77th St | Harvey Cedars | LBI | Zip 08008 | $1,625,777 |
Temporary Off Market | NJOC2012672 | 3200 Long Beach Blvd | Long Beach Township | LBI | Zip 08008 | $1,599,900 |
Withdrawn | NJOC2022380 | 1104-F Long Beach Blvd | Long Beach Township | LBI | Zip 08008 | $1,990,000 |
Expired | NJOC2016156 | 6 W 20th St | Barnegat Light | LBI | Zip 08008 | $2,399,000 |
Expired | NJOC2016984 | 197 Nautilus | Long Beach Township | LBI | Zip 08008 | $4,749,000 |
LBI New Jersey Real Estate Sales Analysis
The market is picking up right where things left off before the holiday slow down. There is more or less a balance between new listings and pending sales, showing that confidence remains high in the Long Beach Island real estate market. There were only 2 closed listings this week, but this, too, is normal, given how slow the market has been over the holiday season.4 There are 100 active listings in the MLS this week and 43 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 1-7-2024 to 1-14-2024, 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
