LBI Real Estate Weekly Sales Update 10/24/2021-10/31/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10/24/2021-10/31/2021

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 10/24/2021-10/31/2021: Happy Halloween!! We have some SPOOKY LBI real estate statistics today...actually, the market was pretty normal this week! There were a total of 80 changes to the Long Beach Island real estate market we a good mix of new listings, pending sales, and closed transactions. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

• 19 new listings entered the market with an average price of $1,909,053

• 22 listings went under contract with an average listing price of about $1,608,291

• 17 properties sold on Long Beach Island with an average price of $1,463,074

• 7 listings saw price reductions in the LBI real estate market

LBI Real Estate Weekly Sales Update 10/24/2021-10/31/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
Coming Soon	NJOC2004228	1607 N Long Beach Blvd	Surf City	LBI	$1,395,000
Coming Soon	NJOC2004070	119 Dolphin Ave	Beach Haven	LBI	$2,589,000
New Active	NJOC2004216	1001 Ocean #1011	Ship Bottom	LBI	$775,000
New Active	NJOC2004192	107 W 18th St	Ship Bottom	LBI	$799,000
New Active	NJOC2004130	101 Engleside Ave #4	Beach Haven	LBI	$799,000
New Active	NJOC2004154	2020 Long Beach Blvd #2-C (SW)	Ship Bottom	LBI	$999,000
New Active	NJOC2004152	2020 Long Beach Blvd #2-B (NE)	Ship Bottom	LBI	$999,000
New Active	NJOC2004248	13302 Long Beach	Long Beach Township	LBI	$1,199,000
New Active	NJOC2004064	19 40th #UNIT A	Long Beach Township	LBI	$1,200,000
New Active	NJOC2004132	230 Fairview Ave	Beach Haven	LBI	$1,325,000
New Active	NJOC2004146	8602 Sandpiper Ln	Harvey Cedars	LBI	$1,349,000
New Active	NJOC2004102	2601 Long Beach Blvd	Ship Bottom	LBI	$1,395,000
New Active	NJOC2004106	2601 Long Beach Blvd	Ship Bottom	LBI	$1,395,000
New Active	NJOC2004010	19 E Nevada Ave	Beach Haven	LBI	$1,440,000
New Active	NJOC2003600	109 15th St	Ship Bottom	LBI	$1,895,000
New Active	NJOC2004208	402 Tidal Dr	Long Beach Township	LBI	$2,195,000
New Active	NJOC2004118	16 W 18th St	Long Beach Township	LBI	$2,199,000
New Active	NJOC2004212	6 Surf Ave	Long Beach Township	LBI	$2,350,000
New Active	NJOC2004036	93-A & B Long Beach Blvd	Long Beach Township	LBI	$9,975,000
Back to Active	NJOC410462	5 W 38th #U2	Long Beach Township	LBI	$719,000
Back to Active	NJOC2002116	510 W Dock Rd	Beach Haven	LBI	$2,495,000
Price Decrease	NJOC408976	1700 Long Beach Boulevard	Surf City	LBI	$95,000
Price Decrease	NJOC408836	1700 Long Beach Boulevard	Surf City	LBI	$95,000
Price Decrease	NJOC2001612	401 Broadway #24	Barnegat Light	LBI	$409,500
Price Decrease	NJOC2000005	111 E 26th St	Ship Bottom	LBI	$899,900
Price Decrease	NJOC2003982	8 W Jacqueline Ave	Long Beach Township	LBI	$925,000
Price Decrease	NJOC2002110	10101 Beach Ave	Long Beach Township	LBI	$1,275,000
Price Decrease	NJOC2002048	116 E 13th St	Long Beach Township	LBI	$1,399,000
Active Under Contract	NJOC2002108	2108 S Bay Ave #B	Beach Haven	LBI	$699,000
Active Under Contract	NJOC2003980	4302 Long Beach Blvd	Long Beach Township	LBI	$950,000
Active Under Contract	NJOC2003026	342 N 2nd St	Surf City	LBI	$1,250,000
Active Under Contract	NJOC2003866	120 E Ramapo	Long Beach Township	LBI	$1,699,999
Pending	NJOC2000215	1000 N Bay Ave #18	Beach Haven	LBI	$2,000
Pending	NJOC408208	102 Roosevelt #BS13	Long Beach Township	LBI	$29,500
Pending	NJOC2002388	8311 Long Beach Blvd #4	Long Beach Township	LBI	$524,900
Pending	NJOC2003348	245 W 17th St	Ship Bottom	LBI	$799,999
Pending	NJOC2004246	1712 Barnegat Ave	Ship Bottom	LBI	$999,000
Pending	NJOC2003486	1 E Farragut #1A	Long Beach Township	LBI	$999,000
Pending	NJOC2000237	2014 S Bay Ave	Beach Haven	LBI	$999,000
Pending	NJOC2000133	2014 S Bay Ave	Beach Haven	LBI	$999,000
Pending	NJOC2000205	1 E 69th St	Harvey Cedars	LBI	$1,005,000
Pending	NJOC409442	1419 Long Beach Blvd	Surf City	LBI	$1,249,000
Pending	NJOC2002328	38 N 22nd St	Surf City	LBI	$1,699,000
Pending	NJOC2003044	5 E Kirkland Ave	Long Beach Township	LBI	$1,699,000
Pending	NJOC2003326	22 Harding	Long Beach Township	LBI	$1,895,000
Pending	NJOC2002730	10 W 29th St	Long Beach Township	LBI	$1,999,000
Pending	NJOC410100	11 E Bergen Ave	Harvey Cedars	LBI	$2,300,000
Pending	NJOC2001996	205 Nautilus Dr	Long Beach Township	LBI	$3,595,000
Pending	NJOC2000092	199 Nautilus Dr	Long Beach Township	LBI	$4,495,000
Pending	NJOC2003898	209 21st	Long Beach Township	LBI	$5,495,000
Closed	NJOC2002352	110 W 26th St	Ship Bottom	LBI	$865,000
Closed	NJOC2001792	332 N 12th St	Surf City	LBI	$925,000
Closed	NJOC2002596	13 E Rhode Island	Long Beach Township	LBI	$934,500
Closed	NJOC2001198	326 N 4th St	Surf City	LBI	$994,000
Closed	NJOC2002058	322 W 11th St	Ship Bottom	LBI	$999,000
Closed	NJOC2003460	2106 N Central Ave	Surf City	LBI	$1,100,000
Closed	NJOC2001650	115 28th St #UNIT B	Long Beach Township	LBI	$1,205,000
Closed	NJOC2002724	424 Iroquois Ave	Beach Haven	LBI	$1,265,000
Closed	NJOC2001042	202 E 15th	Long Beach Township	LBI	$1,300,000
Closed	NJOC2001832	166-D Long Beach Blvd	Long Beach Township	LBI	$1,399,000
Closed	NJOC2000978	6 W Scott Dr	Long Beach Township	LBI	$1,480,000
Closed	NJOC2001820	26 New York W	Long Beach Township	LBI	$1,561,000
Closed	NJOC2001558	16 E 31st	Long Beach Township	LBI	$1,785,000
Closed	NJOC2001632	36 Lighthouse Way	Long Beach Township	LBI	$1,901,036
Closed	NJOC2000556	1 E 22nd St	Long Beach Township	LBI	$1,999,000
Closed	NJOC410726	2107 Seaview Ave	Barnegat Light	LBI	$2,194,725
Closed	NJOC2003404	47-C Long Beach Blvd.	Long Beach Township	LBI	$2,965,000
Withdrawn	NJOC408418	1607 Long Beach Boulevard	Surf City	LBI	$1,395,000
Withdrawn	NJOC2000247	4 Arts	Long Beach Township	LBI	$1,729,000
Withdrawn	NJOC406516	202 W S Ave	Beach Haven	LBI	$2,499,999
Withdrawn	NJOC406636	202 W S Ave	Beach Haven	LBI	$4,499,999
Withdrawn	NJOC410244	91-D Long Beach Blvd	Long Beach Township	LBI	$7,300,000
Canceled	NJOC2001794	332 N 12th St	Surf City	LBI	$925,000
Canceled	NJOC2002234	2601 Long Beach Blvd	Ship Bottom	LBI	$1,295,000
Canceled	NJOC2004126	402 Tidal	Long Beach Township	LBI	$2,195,000
Expired	NJOC391030	8 W 51st	Long Beach Township	LBI	$719,000
Expired	NJOC2000596	334 W 19th St	Ship Bottom	LBI	$1,099,000
Expired	NJOC2000554	334 19th St W	Ship Bottom	LBI	$1,099,000
Expired	NJOC2003028	1118-B Long Beach #B	Long Beach Township	LBI	$1,699,000
Expired	NJOC2002124	386 N 5th St	Surf City	LBI	$2,316,000

LBI New Jersey Real Estate Sales Analysis

The prevailing trend in the LBI real estate market continued this week with more pending sales than new listings. The total number of homes for sale on Long Beach Island fell slightly as a result. There are 178 active listings in the MLS this week and 160 pending sales. Overall, the market is still doing very well with buyer confidence remaining high and strong activity on all fronts. 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 10/24/2021-10/31/2021 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

www.BuyLBI.com

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