LBI Real Estate Weekly Sales Update 10-24-2024 to 10-27-2024
- High Tides Digital Marketing
- Oct 27, 2024
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10-24-2024 to 10-27-2024
LBI Real Estate Weekly Sales Update 10-24-2024 to 10-27-2024: It was another active LBI real estate market update this week, and pending sales outpaced new listings. For the last few weeks, we have seen more new inventory enter the market, and now (as expected) we are starting to see that inventory sell. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
11 new listings entered the market with an average price of $2,587,273
16 listings went under contract with an average listing price of about $2,055,187
6properties sold on Long Beach Island with an average price of $1,888,167
6 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 10-24-2024 to 10-27-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 |
Coming Soon | NJOC2029786 | 4 Sumner | Long Beach Township | $1,099,000 | |
Coming Soon | NJOC2029784 | 342 N 1st St | Surf City | LBI Real Estate Market | $2,249,000 |
New Active | NJOC2029696 | 8311 Long Beach Blvd #UNIT 4 | Long Beach Township | LBI Real Estate Market | $795,000 |
New Active | NJOC2029720 | 325 9th Street | Beach Haven | LBI Real Estate Market | $975,000 |
New Active | NJOC2029666 | 25 E 49th | Long Beach Township | LBI Real Estate Market | $1,699,999 |
New Active | NJOC2029584 | 109 E Massachusetts | Long Beach Township | LBI Real Estate Market | $1,799,000 |
New Active | NJOC2029680 | 100 86th Street, Sea Glass | Beach Haven | LBI Real Estate Market | $2,150,000 |
New Active | NJOC2029662 | 122 E 20th St | Ship Bottom | LBI Real Estate Market | $2,195,000 |
New Active | NJOC2029610 | 334 Leeward Avenue | Beach Haven | LBI Real Estate Market | $2,500,000 |
New Active | NJOC2029686 | 1039-B Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $3,999,000 |
New Active | NJOC2029688 | 1039-C Long Beach Blvd., | Long Beach Township | LBI Real Estate Market | $8,999,000 |
Back to Active | NJOC2028222 | 444 Schoderer Ln | Surf City | LBI Real Estate Market | $2,699,000 |
Back to Active | NJOC2026270 | 1 Cox Ave | Harvey Cedars | LBI Real Estate Market | $2,799,999 |
Price Decrease | NJOC2028326 | 2305 S Bay Ave #B | Beach Haven | LBI Real Estate Market | $1,495,000 |
Price Decrease | NJOC2027984 | 18 W Alabama | Long Beach Township | LBI Real Estate Market | $1,499,000 |
Price Decrease | NJOC2029118 | 15 E 16th | Long Beach Township | LBI Real Estate Market | $2,295,000 |
Price Decrease | NJOC2025368 | 18 E Coughlan (72nd St) Ave | Long Beach Township | LBI Real Estate Market | $2,595,000 |
Price Decrease | NJOC2028358 | 47 Harbor Ln | Long Beach Township | LBI Real Estate Market | $3,599,000 |
Price Decrease | NJOC2029010 | 120 E Texas | Long Beach Township | LBI Real Estate Market | $5,399,000 |
Active Under Contract | NJOC2029484 | 220–222 Coral | Beach Haven | LBI Real Estate Market | $1,479,000 |
Active Under Contract | NJOC2027116 | 4002 S Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $1,699,000 |
Active Under Contract | NJOC2028514 | 261 Division Ave | Surf City | LBI Real Estate Market | $1,849,000 |
Active Under Contract | NJOC2029326 | 1106 Central Ave | Barnegat Light | LBI Real Estate Market | $2,150,000 |
Active Under Contract | NJOC2029508 | 184 Nautilus Dr | Long Beach Township | LBI Real Estate Market | $2,399,000 |
Pending | NJOC2028806 | 310 S West Ave #3K | Beach Haven | LBI Real Estate Market | $799,000 |
Pending | NJOC2028546 | 106 S Barnegat Ave | Surf City | LBI Real Estate Market | $1,495,000 |
Pending | NJOC2028630 | 5 Alexis Pl | Long Beach Township | LBI Real Estate Market | $1,499,999 |
Pending | NJOC2028578 | 22 New York | Long Beach Township | LBI Real Estate Market | $1,779,999 |
Pending | NJOC2028398 | 2704 Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $2,195,000 |
Pending | NJOC2027782 | 325 Cranberry Drive | Long Beach Township | LBI Real Estate Market | $2,345,000 |
Pending | NJOC2029414 | 83 W Tebco #D | Long Beach Township | LBI Real Estate Market | $2,350,000 |
Pending | NJOC2029042 | 10608 Beach Avenue | Long Beach Township | LBI Real Estate Market | $2,399,000 |
Pending | NJOC2027044 | 7 James St | Harvey Cedars | LBI Real Estate Market | $2,595,000 |
Pending | NJOC2027262 | 18 E 86th Sea Glass Lane | Long Beach Township | LBI Real Estate Market | $2,849,999 |
Pending | NJOC2029184 | 12711 Beach Ave | Long Beach Township | LBI Real Estate Market | $2,999,000 |
Closed | NJOC2028046 | 13302 Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $17,600 |
Closed | NJOC2027600 | 101 W 9th St #307 | Ship Bottom | LBI Real Estate Market | $990,000 |
Closed | NJOC2022722 | 7706 Long Beach Blvd | Harvey Cedars | LBI Real Estate Market | $1,170,000 |
Closed | NJOC2023846 | 1076-C Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $1,650,000 |
Closed | NJOC2028136 | 6 Adrian Rd | Long Beach Township | LBI Real Estate Market | $1,899,000 |
Closed | NJOC2023740 | 15 N 15th St | Surf City | LBI Real Estate Market | $2,620,000 |
Closed | NJOC2027380 | 5 E Louisiana | Long Beach Township | LBI Real Estate Market | $3,000,000 |
Temporary Off Market | NJOC2029674 | 310 W West Ave #G3 | Beach Haven | LBI Real Estate Market | $699,999 |
Temporary Off Market | NJOC2029378 | 310 W West Ave #G3 | Beach Haven | LBI Real Estate Market | $699,999 |
Withdrawn | NJOC2028324 | 2206 Central Ave | Barnegat Light | LBI Real Estate Market | $1,825,000 |
Withdrawn | NJOC2027728 | 123 W Sumner Ave | Long Beach Township | LBI Real Estate Market | $3,350,000 |
Canceled | NJOC2024152 | 1039-B Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $4,999,000 |
Canceled | NJOC2023546 | 1039-C Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $9,999,000 |
Expired | NJOC2027426 | 905 N Bay Ave | Beach Haven | LBI Real Estate Market | $5,000.00 |
Expired | NJOC2027438 | 358 W 6th St | Ship Bottom | LBI Real Estate Market | $1,250,000 |
Expired | NJOC2026814 | 278 Riviera Dr | Long Beach Township | LBI Real Estate Market | $3,499,000 |
Expired | NJOC2028396 | 13 E Essex Ave | Harvey Cedars | LBI Real Estate Market | $4,195,000 |
Expired | NJOC2025438 | 13 E Essex Ave | Harvey Cedars | LBI Real Estate Market | $4,195,000 |
Expired | NJOC2025352 | 301–401 Ninth | Beach Haven | LBI Real Estate Market | $14,999,999 |
LBI New Jersey Real Estate Sales Analysis
The LBI real estate market showed strong activity in pending sales this week. This lines up with past trends where we see an increase in the number of homes for sale, followed quickly by a surge of pending sales. There are 138 active listings in the MLS this week, but when double listings are removed, the number is closer to 120-125 and 61 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 10-24-2024 to 10-27-2024, 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
