LBI Real Estate Weekly Sales Update 10/1/2023-10/8/2023
- High Tides Digital Marketing
- Oct 8, 2023
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10/1/2023-10/8/2023
LBI Real Estate Weekly Sales Update 10/1/2023-10/8/2023: The first of October showed us 44 changes to the MLS. Roughly a quarter of this activity was new listings and another quarter were closed transactions You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $2,666,845
6 listings went under contract with an average listing price of about $2,090,483
13 properties sold on Long Beach Island with an average price of $1,806,231
6 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 10/1/2023-10/8/2023
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 |
Coming Soon | NJOC2021478 | 169-B Long Beach | Long Beach Township | LBI | $4,395,000 |
New Active | NJOC2021666 | 265 W 12th St | Ship Bottom | LBI | $2,500 |
New Active | NJOC2021640 | 262 N 5th | Surf City | LBI | $999,000 |
New Active | NJOC2021706 | 23 Utah Ave | Long Beach Township | LBI | $1,149,990 |
New Active | NJOC2021732 | 13 E Jeanette Ave | Long Beach Township | LBI | $1,165,000 |
New Active | NJOC2021684 | 4 E 16th St | Barnegat Light | LBI | $1,350,000 |
New Active | NJOC2021660 | 12 Roberts Dr | Ship Bottom | LBI | $1,399,000 |
New Active | NJOC2021742 | 9 Alma | Long Beach Township | LBI | $1,469,000 |
New Active | NJOC2021642 | 139 E 24th St | Ship Bottom | LBI | $1,699,000 |
New Active | NJOC2021728 | 9 W Ryerson Ln | Long Beach Township | LBI | $2,245,000 |
New Active | NJOC2021518 | 1402 Bayview Ave | Barnegat Light | LBI | $2,549,000 |
New Active | NJOC2021716 | 4803 S Long Beach Blvd | Long Beach Township | LBI | $5,100,000 |
New Active | NJOC2021256 | 1010-G Long Beach Blvd | Long Beach Township | LBI | $5,350,000 |
New Active | NJOC2021474 | 126 Laguna Ln | Long Beach Township | LBI | $5,799,000 |
Back to Active | NJOC2020966 | 3 E Surf Ave | Beach Haven | LBI | $2,699,000 |
Back to Active | NJOC2014470 | 59-D Long Beach Blvd | Long Beach Township | LBI | $8,499,000 |
Price Decrease | NJOC2021516 | 314 Coral | Beach Haven | LBI | $2,200 |
Price Decrease | NJOC2021248 | 233 N 1st St | Surf City | LBI | $2,099,000 |
Price Decrease | NJOC2016500 | 111 E 29th St | Ship Bottom | LBI | $2,449,000 |
Price Decrease | NJOC2020790 | 14 W 86th St | Harvey Cedars | LBI | $2,700,000 |
Price Decrease | NJOC2020358 | 813 N Ocean Ave | Surf City | LBI | $3,699,990 |
Price Decrease | NJOC2013774 | 1035-C Long Beach | Long Beach Township | LBI | $7,499,999 |
Active Under Contract | NJOC2021138 | 26 E Mariners | Long Beach Township | LBI | $1,450,000 |
Pending | NJOC2021398 | 7 E 77th St | Harvey Cedars | LBI | $1,499,900 |
Pending | NJOC2021234 | 2416 Bay Vista Dr | Surf City | LBI | $1,949,999 |
Pending | NJOC2019380 | 2-A Long Beach Blvd | Long Beach Township | LBI | $2,145,000 |
Pending | NJOC2015954 | 1062-D Long Beach Blvd #EAST UNIT | Long Beach Township | LBI | $2,599,000 |
Pending | NJOC2015816 | 214 2nd St E | Beach Haven | LBI | $2,899,000 |
Closed | NJOC2017452 | 600 N Delaware Ave #7 | Beach Haven | LBI | $975,000 |
Closed | NJOC2019366 | 10001 Highland Ave #A | Long Beach Township | LBI | $1,060,000 |
Closed | NJOC2019812 | 315 Centre St | Beach Haven | LBI | $1,282,000 |
Closed | NJOC2019346 | 113 W Indiana | Long Beach Township | LBI | $1,390,000 |
Closed | NJOC2019502 | 14 E Sigsbee Ave | Long Beach Township | LBI | $1,620,000 |
Closed | NJOC2017162 | 200 E 26th | Long Beach Township | LBI | $1,735,000 |
Closed | NJOC2019258 | 104 E Macevoy | Long Beach Township | LBI | $1,749,000 |
Closed | NJOC2021650 | 11 W 29th St | Barnegat Light | LBI | $1,995,000 |
Closed | NJOC2020424 | 266 N 13th St | Surf City | LBI | $2,200,000 |
Closed | NJOC2017618 | 288 N 12th St | Surf City | LBI | $2,200,000 |
Closed | NJOC2020920 | 13 E South 34th St | Long Beach Township | LBI | $2,300,000 |
Closed | NJOC2020020 | 122 Laguna Lane | Long Beach Township | LBI | $2,300,000 |
Closed | NJOC2014160 | 44 N 7th Street | Surf City | LBI | $2,675,000 |
Canceled | NJOC2019428 | 3 West 75th St | Harvey Cedars | LBI | $1,375,000 |
Canceled | NJOC2021424 | 146 Long Beach | Long Beach Township | LBI | $6,495,000 |
Expired | NJOC2013968 | 5614 Holly Ave | Harvey Cedars | LBI | $2,799,000 |
Expired | NJOC2017686 | 9 Windward Rd | Long Beach Township | LBI | $3,395,000 |
LBI New Jersey Real Estate Sales Analysis
We saw a higher-than-average number of settlements this week with 143 closed sales. This gives us good insight on where prices are in the LBI real estate market. With an average price of over $1,800,000, homes are clearly still trading at a premium! There are 126 active listings in the MLS this week and 57pending 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 10/1/2023-10/8/2023 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
