LBI Real Estate Weekly Sales Update 10/29/2023-11/5/2023
- High Tides Digital Marketing
- Nov 6, 2023
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10/29/2023-11/5/2023
LBI Real Estate Weekly Sales Update 10/29/2023-11/5/2023: There was a slight uptick in overall activity in the Long Beach Island real estate market this week. There were a total of 51 changes to the sale market. 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 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
10 new listings entered the market with an average price of $2,592,100
10 listings went under contract with an average listing price of about $2,073,900
13 properties sold on Long Beach Island with an average price of $1,882,154
9 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 10/29/2023-11/5/2023
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Current Price |
Coming Soon | NJOC2022092 | 2615 Central Ave | Ship Bottom | $1,050,000 |
Coming Soon | NJOC2021434 | 218 N 19th Street | Surf City | $1,999,999 |
New Active | NJOC2022170 | 218 11th St | Beach Haven | $979,000 |
New Active | NJOC2022176 | 11 E Macevoy Ln | Long Beach Township | $1,389,000 |
New Active | NJOC2022160 | 1706 N Atlantic Ave | Long Beach Township | $1,629,000 |
New Active | NJOC2022166 | 1403 N Long Beach Blvd | Surf City | $2,625,000 |
New Active | NJOC2022054 | 134 Belvoir | Beach Haven | $2,690,000 |
New Active | NJOC2022192 | 108 E 29th St | Long Beach Township | $2,695,000 |
New Active | NJOC2021478 | 169-B Long Beach | Long Beach Township | $4,669,000 |
New Active | NJOC2022146 | 146-E Long Beach | Long Beach Township | $6,195,000 |
Back to Active | NJOC2020838 | 376 W 5th St | Ship Bottom | $850,000 |
Back to Active | NJOC2020966 | 3 E Surf Ave | Long Beach Township | $2,599,000 |
Price Decrease | NJOC2019574 | 401 Broadway #21A | Barnegat Light | $649,000 |
Price Decrease | NJOC2020222 | 6110 Long Beach | Long Beach Township | $910,000 |
Price Decrease | NJOC2021314 | 9 W Bayberry Dr | Long Beach Township | $1,149,000 |
Price Decrease | NJOC2020552 | 9 W Jacqueline Ave | Long Beach Township | $1,149,999 |
Price Decrease | NJOC2020900 | 15 W Rhode Island Ave | Long Beach Township | $1,345,000 |
Price Decrease | NJOC2021342 | 276 N 12th St | Surf City | $1,890,000 |
Price Decrease | NJOC2020010 | 214 E 15th St | Long Beach Township | $4,299,000 |
Price Decrease | NJOC2021074 | 151-B Long Beach | Long Beach Township | $4,399,999 |
Price Decrease | NJOC2018290 | 19-B Long Beach Blvd | Long Beach Township | $7,499,000 |
Active Under Contract | NJOC2020476 | 11 W Lavenia | Long Beach Township | $1,155,000 |
Active Under Contract | NJOC2020352 | 256 N 13th St | Surf City | $2,299,000 |
Active Under Contract | NJOC2020404 | 2214 Beach Ave | Long Beach Township | $2,649,000 |
Active Under Contract | NJOC2013746 | 75 Bayview Ave | Long Beach Township | $3,995,000 |
Pending | NJOC2021640 | 262 N 5th | Surf City | $999,000 |
Pending | NJOC2020342 | 3 E 9th St | Barnegat Light | $1,499,000 |
Pending | NJOC2014570 | 11 James St | Harvey Cedars | $1,595,000 |
Pending | NJOC2021280 | 5 W 81st St | Harvey Cedars | $1,599,000 |
Pending | NJOC2018224 | 268 N 13th St | Surf City | $2,199,000 |
Pending | NJOC2020050 | 15 E New York Ave | Long Beach Township | $2,749,999 |
Closed | NJOC2019596 | 2502 Long Beach Blvd., Unit #3B | Ship Bottom | $800,000 |
Closed | NJOC2019488 | 12 Harding Ave #UNIT WEST | Long Beach Township | $1,150,000 |
Closed | NJOC2020858 | 1 Centre St #23 | Beach Haven | $1,220,000 |
Closed | NJOC2019352 | 2 W Bayberry Dr | Long Beach Township | $1,299,000 |
Closed | NJOC2021138 | 26 E Mariners | Long Beach Township | $1,450,000 |
Closed | NJOC2021062 | 29 Alma Rd | Long Beach Township | $1,589,000 |
Closed | NJOC2020650 | 1302 S Beach Ave | Beach Haven | $1,600,000 |
Closed | NJOC2020592 | 10 E 83rd St | Harvey Cedars | $1,795,000 |
Closed | NJOC2019380 | 2-A Long Beach Blvd | Long Beach Township | $2,145,000 |
Closed | NJOC2019128 | 319 4th St | Beach Haven | $2,249,999 |
Closed | NJOC2018096 | 49 N 1st St | Surf City | $2,620,000 |
Closed | NJOC2022196 | 219 Essex Ave | Beach Haven | $2,700,000 |
Closed | NJOC2021204 | 210 E 28th St | Long Beach Township | $3,850,000 |
Temporary Off Market | NJOC2021846 | 232 W 16th St W | Ship Bottom | $1,499,000 |
Temporary Off Market | NJOC2021842 | 232 W 16th St | Ship Bottom | $1,499,000 |
Temporary Off Market | NJOC2020728 | 113 E 21st St | Long Beach Township | $1,499,000 |
Canceled | NJOC2015540 | 108 E 29th St | Long Beach Township | $2,695,000 |
Expired | NJOC2016068 | 2420 Long Beach Blvd | Ship Bottom | $1,099,000 |
Expired | NJOC2018060 | 11902 Long Beach | Long Beach Township | $1,299,000 |
Expired | NJOC2017956 | 12-A E Essex Ave | Harvey Cedars | $2,995,000 |
LBI New Jersey Real Estate Sales Analysis
The activity was balanced once again in the LBI real estate market with an equal number of new listings and pending sales. The LBI real estate market has remained on this trajectory for the past several months, and all signs point to this level of balance being maintained. As we move into the holiday season, it is likely that activity will slow down some, but this market is hard to read and there is just as good of a chance of activity remaining steady with activity being so low. 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 10/29/2023-11/5/2023 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
