LBI Real Estate Weekly Sales Update 10/15/2023-10/22/2023
- High Tides Digital Marketing
- Oct 22, 2023
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10/15/2023-10/22/2023
LBI Real Estate Weekly Sales Update 10/15/2023-10/22/2023: There were 45changes to the Long Beach Island real estate market this week, which seems to be the average amount of weekly activity we see each week these days. This level of activity carries over to my monthly analysis of home sales on Long Beach Island NJ. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $2,768,500
10 listings went under contract with an average listing price of about $1,888,100
11 properties sold on Long Beach Island with an average price of $1,570,455
5 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 10/15/2023-10/22/2023
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2021656 | 356 W 14th St | Ship Bottom | LBI | $1,999,000 |
New Active | NJOC2021908 | 315 W 11th St | Ship Bottom | LBI | $999,000 |
New Active | NJOC2021932 | 216 N 1st St | Surf City | LBI | $999,999 |
New Active | NJOC2021916 | 54 N 17th St | Surf City | LBI | $1,300,000 |
New Active | NJOC2022004 | 301 W 18th St | Ship Bottom | LBI | $1,398,000 |
New Active | NJOC2021936 | 203 W 7th St | Ship Bottom | LBI | $1,490,000 |
New Active | NJOC2021934 | 203 W 7th St | Ship Bottom | LBI | $1,490,000 |
New Active | NJOC2021944 | 9305 Mark Dr | Long Beach Township | LBI | $1,895,000 |
New Active | NJOC2021990 | 34-B Long Beach Blvd | Long Beach Township | LBI | $2,499,000 |
New Active | NJOC2021918 | 103 E Dune Ln | Long Beach Township | LBI | $2,795,000 |
New Active | NJOC2021994 | 704 Broadway | Barnegat Light | LBI | $3,650,000 |
New Active | NJOC2021988 | 170-F Long Beach Blvd | Long Beach Township | LBI | $4,149,000 |
New Active | NJOC2022024 | 69-C Long Beach Blvd | Long Beach Township | LBI | $5,195,000 |
New Active | NJOC2022012 | 146 E Ohio Ave | Long Beach Township | LBI | $8,900,000 |
Back to Active | NJOC2021252 | 8201 Long Beach | Long Beach Township | LBI | $1,199,000 |
Price Decrease | NJOC2020654 | 23 N 10th St | Surf City | LBI | $1,950 |
Price Decrease | NJOC2020462 | 310 S Atlantic Ave #U1 | Beach Haven | LBI | $475,000 |
Price Decrease | NJOC2019218 | 340 Kentford Ave #UNIT 2 | Beach Haven | LBI | $725,000 |
Price Decrease | NJOC2021102 | 2 Tennessee | Long Beach Township | LBI | $2,299,999 |
Price Decrease | NJOC2020966 | 3 E Surf Ave | Beach Haven | LBI | $2,599,000 |
Active Under Contract | NJOC2021218 | 10 E 85th St | Long Beach Township | LBI | $1,199,000 |
Active Under Contract | NJOC2020696 | 15 E 25th | Long Beach Township | LBI | $1,245,000 |
Active Under Contract | NJOC2018320 | 342 W 6th St | Ship Bottom | LBI | $2,269,000 |
Pending | NJOC2020858 | 1 Centre St #23 | Beach Haven | LBI | $1,200,000 |
Pending | NJOC2021794 | 446 Amber St | Beach Haven | LBI | $1,325,000 |
Pending | NJOC2021736 | 8 W 27th St | Barnegat Light | LBI | $1,399,000 |
Pending | NJOC2020650 | 1302 S Beach Ave | Beach Haven | LBI | $1,600,000 |
Pending | NJOC2020938 | 18 E 9th St | Barnegat Light | LBI | $1,695,000 |
Pending | NJOC2018738 | 43 N 6th Street | Surf City | LBI | $2,950,000 |
Pending | NJOC2021204 | 210 E 28th St | Long Beach Township | LBI | $3,999,000 |
Closed | NJOC2015856 | 900 N Beach Ave #8 | Beach Haven | LBI | $490,000 |
Closed | NJOC2020662 | 7301 Long Beach #D25 | Long Beach Township | LBI | $780,000 |
Closed | NJOC2020880 | 334 W 5th St | Ship Bottom | LBI | $1,100,000 |
Closed | NJOC2014668 | 11902 Long Beach | Long Beach Township | LBI | $1,200,000 |
Closed | NJOC2015334 | 108, 110 N Bay Ave | Beach Haven | LBI | $1,350,000 |
Closed | NJOC2020896 | 611 S Beach Ave | Beach Haven | LBI | $1,580,000 |
Closed | NJOC2018654 | 211 Pelham Ave | Beach Haven | LBI | $1,737,500 |
Closed | NJOC2018744 | 58 Adrian Rd | Long Beach Township | LBI | $1,812,500 |
Closed | NJOC2015632 | 4000 Julia Ln | Long Beach Township | LBI | $2,300,000 |
Closed | NJOC2020170 | 19 N 14th St | Surf City | LBI | $2,400,000 |
Closed | NJOC2015948 | 1062-D Long Beach Blvd #WEST UNIT | Long Beach Township | LBI | $2,525,000 |
Temporary Off Market | NJOC2016068 | 2420 Long Beach Blvd | Ship Bottom | LBI | $1,099,000 |
Expired | NJOC2017870 | 10 Cox Ave | Harvey Cedars | LBI | $1,349,000 |
Expired | NJOC2019910 | 69-C Long Beach Blvd | Long Beach Township | LBI | $5,195,000 |
LBI New Jersey Real Estate Sales Analysis
Overall, the activity we saw in the LBI real estate market this week is typical. There were a few more new listings than pending sales, but the balance between new listings and pending sales remains more or less in check. There has been only a marginal increase to the number of homes for sale on Long Beach Island over the past several weeks, which tells us that for now, this is the market on LBI! There are 130 active listings in the MLS this week and 57pending sales. In other words, there is a balance between pending sales and new listings that has persisted for several months. 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 10/15/2023-10/22/2023 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
