LBI Real Estate Weekly Sales Update 10-13-2024 to 10-20-2024
- High Tides Digital Marketing
- Oct 20, 2024
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10-13-2024 to 10-20-2024
LBI Real Estate Weekly Sales Update 10-13-2024 to 10-20-2024: This week's LBI real estate market update showed steady activity with a total of 54 changes to the MLS. New listings outpaced pending sales, but there was still substantial buyer activity in the Long Beach Island real estate market. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
14 new listings entered the market with an average price of $2,295,135
10 listings went under contract with an average listing price of about $1,718,500
9 properties sold on Long Beach Island with an average price of $1,987,561
13 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 10-13-2024 to 10-20-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 |
New Active | NJOC2029530 | 204 S Atlantic Ave #201 | Beach Haven | LBI Real Estate Market | $650,000 |
New Active | NJOC2029564 | 228 N 14th St | Surf City | LBI Real Estate Market | $950,000 |
New Active | NJOC2029586 | 5308-C Long Beach Blvd | Harvey Cedars | LBI Real Estate Market | $1,450,000 |
New Active | NJOC2029484 | 220–222 Coral | Beach Haven | LBI Real Estate Market | $1,479,000 |
New Active | NJOC2029666 | 25 E 49th | Long Beach Township | LBI Real Estate Market | $1,699,999 |
New Active | NJOC2029636 | 25 Joan | Long Beach Township | LBI Real Estate Market | $1,720,000 |
New Active | NJOC2029658 | 100 86th Sea Glass | Beach Haven | LBI Real Estate Market | $2,150,000 |
New Active | NJOC2029508 | 184 Nautilus Dr | Long Beach Township | LBI Real Estate Market | $2,399,000 |
New Active | NJOC2029634 | 214 W 9th St | Ship Bottom | LBI Real Estate Market | $2,399,999 |
New Active | NJOC2029490 | 111 E Dune | Long Beach Township | LBI Real Estate Market | $3,349,000 |
New Active | NJOC2029604 | 9 Alma Rd | Long Beach Township | LBI Real Estate Market | $3,389,900 |
New Active | NJOC2029498 | 10008 Beach Ave | Long Beach Township | LBI Real Estate Market | $3,495,000 |
New Active | NJOC2029624 | 316 3rd St | Beach Haven | LBI Real Estate Market | $3,499,999 |
New Active | NJOC2029622 | 318 3rd St | Beach Haven | LBI Real Estate Market | $3,499,999 |
Back to Active | NJOC2027440 | 2510 Bayview Ave | Barnegat Light | LBI Real Estate Market | $1,495,000 |
Price Decrease | NJOC2028880 | 310 S West Ave #A1-1 | Beach Haven | LBI Real Estate Market | $820,000 |
Price Decrease | NJOC2028896 | 110 W 3rd St | Ship Bottom | LBI Real Estate Market | $1,289,000 |
Price Decrease | NJOC2028056 | 105 W 27th St | Ship Bottom | LBI Real Estate Market | $1,375,000 |
Price Decrease | NJOC2028808 | 7 Jacqueline Ave | Long Beach Township | LBI Real Estate Market | $1,465,000 |
Price Decrease | NJOC2028756 | 7 Jacqueline Ave | Long Beach Township | LBI Real Estate Market | $1,465,000 |
Price Decrease | NJOC2027956 | 2101 Central Ave | Ship Bottom | LBI Real Estate Market | $1,499,000 |
Price Decrease | NJOC2028324 | 2206 Central Ave | Barnegat Light | LBI Real Estate Market | $1,825,000 |
Price Decrease | NJOC2027162 | 1 W 29th St | Long Beach Township | LBI Real Estate Market | $1,875,000 |
Price Decrease | NJOC2027006 | 14 W 6th St | Barnegat Light | LBI Real Estate Market | $1,897,000 |
Price Decrease | NJOC2029272 | 119 N 17th St | Surf City | LBI Real Estate Market | $2,299,000 |
Price Decrease | NJOC2029164 | 14 E 44th | Long Beach Township | LBI Real Estate Market | $2,499,000 |
Price Decrease | NJOC2028438 | 1063-B Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $4,699,000 |
Price Decrease | NJOC2017734 | 2 W Cleveland | Long Beach Township | LBI Real Estate Market | $4,999,999 |
Active Under Contract | NJOC2028448 | 5 E 12th St | Barnegat Light | LBI Real Estate Market | $1,950,000 |
Pending | NJOC2028046 | 13302 Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $2,200 |
Pending | NJOC2029574 | 11 E Mercer Ave #4 | Harvey Cedars | LBI Real Estate Market | $195,000 |
Pending | NJOC2028796 | 7700 Long Beach Boulevard U #D | Long Beach Township | LBI Real Estate Market | $549,900 |
Pending | NJOC2028800 | 2 W 29th | Long Beach Township | LBI Real Estate Market | $1,250,000 |
Pending | NJOC2026986 | 215 S Long Beach Blvd | Surf City | LBI Real Estate Market | $1,995,000 |
Pending | NJOC2027454 | 7601 Long Beach Blvd | Harvey Cedars | LBI Real Estate Market | $1,995,000 |
Pending | NJOC2028462 | 112 E 13th | Long Beach Township | LBI Real Estate Market | $2,499,900 |
Pending | NJOC2028294 | 3501 Ocean Blvd | Long Beach Township | LBI Real Estate Market | $2,999,000 |
Pending | NJOC2028198 | 181 Marina Blvd | Long Beach Township | LBI Real Estate Market | $3,749,000 |
Closed | NJOC2028110 | 23 N 10th St | Surf City | LBI Real Estate Market | $2,050 |
Closed | NJOC2026440 | 5515 Long Beach | Long Beach Township | LBI Real Estate Market | $395,000 |
Closed | NJOC2028142 | 102 W Ohio Ave | Long Beach Township | LBI Real Estate Market | $1,407,000 |
Closed | NJOC2028354 | 7 W 22nd St | Barnegat Light | LBI Real Estate Market | $1,650,000 |
Closed | NJOC2024788 | 36 N 11th St | Surf City | LBI Real Estate Market | $1,699,000 |
Closed | NJOC2023256 | 5403 Long Beach Blvd | Harvey Cedars | LBI Real Estate Market | $1,960,000 |
Closed | NJOC2027532 | 7 W 4th St | Barnegat Light | LBI Real Estate Market | $2,300,000 |
Closed | NJOC2026940 | 7 W Ryerson Ln | Long Beach Township | LBI Real Estate Market | $3,475,000 |
Closed | NJOC2029520 | 125 E Lillie Ave | Long Beach Township | LBI Real Estate Market | $5,000,000 |
Temporary Off Market | NJOC2026624 | 1518 Sunset Ave | Surf City | LBI Real Estate Market | $1,135,000 |
Temporary Off Market | NJOC2026340 | 242 N 8th St | Surf City | LBI Real Estate Market | $1,249,000 |
Temporary Off Market | NJOC2026338 | 242 N 8th St | Surf City | LBI Real Estate Market | $1,249,000 |
Withdrawn | NJOC2027796 | 306 3rd St | Beach Haven | LBI Real Estate Market | $1,700,000 |
Expired | NJOC2025384 | 9 Alma Rd | Long Beach Township | LBI Real Estate Market | $3,389,900 |
Expired | NJOC2023490 | 67-B Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $4,649,900 |
Expired | NJOC2024522 | 57-B Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $7,395,000 |
LBI New Jersey Real Estate Sales Analysis
New listings and price reductions showed a lot of activity this week, and both of these trends benefit buyers. Inventory levels have increased, but they are still very low and with additional homes on the market, buyers in the LBI real estate market finally have more to pick from! There are 144 active listings in the MLS this week and 56 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 10-13-2024 to 10-20-2024, 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
