LBI Real Estate Weekly Sales Update 11-10-2024 to 11-17-2024
- High Tides Digital Marketing
- Nov 17, 2024
- 5 min read
Updated: 2 days ago
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11-10-2024 to 11-17-2024
LBI Real Estate Weekly Sales Update 11-10-2024 to 11-17-2024: This week's LBI real estate market update showed a perfect balance of new listings and pending sales. There were a total of 9 each this week, and the styles of homes and the price points reflected the wide range of options present 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
9 new listings entered the market with an average price of $3,189,889
9 listings went under contract with an average listing price of about $2,594,667
12 properties sold on Long Beach Island with an average price of $1,851,667
5 listings saw price reductions in the LBI real estate market and one listing increased its price
LBI Real Estate Weekly Sales Update 11-10-2024 to 11-17-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2029548 | 512 N Long Beach Blvd | Surf City | LBI Real Estate Market | $1,699,000 |
New Active | NJOC2030190 | 510 N Bay Ave #104 | Beach Haven | LBI Real Estate Market | $379,000 |
New Active | NJOC2030106 | 38 W New Jersey Avenue #A | Long Beach Township | LBI Real Estate Market | $899,000 |
New Active | NJOC2030080 | 313 N 4th St | Surf City | LBI Real Estate Market | $1,689,000 |
New Active | NJOC2030042 | 120 E Kentucky Ave | Long Beach Township | LBI Real Estate Market | $2,350,000 |
New Active | NJOC2030140 | 137 Laguna | Long Beach Township | LBI Real Estate Market | $2,399,000 |
New Active | NJOC2030094 | 278 Riviera Dr | Long Beach Township | LBI Real Estate Market | $3,499,000 |
New Active | NJOC2030164 | 101-E Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $5,995,000 |
New Active | NJOC2030208 | 6601 Ocean Blvd | Long Beach Township | LBI Real Estate Market | $9,800,000 |
Back to Active | NJOC2029484 | 220–222 Coral | Beach Haven | LBI Real Estate Market | $1,479,000 |
Back to Active | NJOC2030138 | 2 N 2nd St | Surf City | LBI Real Estate Market | $4,799,000 |
Price Decrease | NJOC2029696 | 8311 Long Beach Blvd #UNIT 4 | Long Beach Township | LBI Real Estate Market | $779,750 |
Price Decrease | NJOC2027646 | 9 E Maryland Ave | Long Beach Township | LBI Real Estate Market | $1,650,000 |
Price Decrease | NJOC2029662 | 122 E 20th St | Ship Bottom | LBI Real Estate Market | $2,095,000 |
Price Decrease | NJOC2025956 | 409 Tidal Dr | Long Beach Township | LBI Real Estate Market | $2,599,000 |
Price Decrease | NJOC2028712 | 322 Beach Plum | Long Beach Township | LBI Real Estate Market | $2,799,999 |
Price Increase | NJOC2029866 | 2 E 52nd | Long Beach Township | LBI Real Estate Market | $1,450,000 |
Active Under Contract | NJOC2029342 | 1810 Central Ave #5 | Ship Bottom | LBI Real Estate Market | $750,000 |
Active Under Contract | NJOC2027440 | 2510 Bayview Ave | Barnegat Light | LBI Real Estate Market | $1,495,000 |
Active Under Contract | NJOC2029636 | 25 Joan Rd | Long Beach Township | LBI Real Estate Market | $1,720,000 |
Active Under Contract | NJOC2026454 | 10 Arnold | Long Beach Township | LBI Real Estate Market | $2,189,000 |
Active Under Contract | NJOC2027922 | 1095 Long Beach Blvd #B | Long Beach Township | LBI Real Estate Market | $10,000,000 |
Pending | NJOC2028532 | 101 E Rhode Island Ave | Long Beach Township | LBI Real Estate Market | $1,550,000 |
Pending | NJOC2024614 | 814 W Bay Club Ln | Beach Haven | LBI Real Estate Market | $1,699,000 |
Pending | NJOC2029666 | 25 E 49th | Long Beach Township | LBI Real Estate Market | $1,699,999 |
Pending | NJOC2029784 | 342 N 1st St | Surf City | LBI Real Estate Market | $2,249,000 |
Closed | NJOC2028546 | 106 S Barnegat Ave | Surf City | LBI Real Estate Market | $1,450,000 |
Closed | NJOC2028428 | 13 W 14th St | Barnegat Light | LBI Real Estate Market | $1,450,000 |
Closed | NJOC2028630 | 5 Alexis Pl | Long Beach Township | LBI Real Estate Market | $1,480,000 |
Closed | NJOC2020944 | 1511 Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $1,525,000 |
Closed | NJOC2026984 | 102 S 33rd | Long Beach Township | LBI Real Estate Market | $1,750,000 |
Closed | NJOC2029238 | 103 E 86th Sea Glass | Long Beach Township | LBI Real Estate Market | $1,750,000 |
Closed | NJOC2028448 | 5 E 12th St | Barnegat Light | LBI Real Estate Market | $1,775,000 |
Closed | NJOC2026986 | 215 S Long Beach Blvd | Surf City | LBI Real Estate Market | $1,900,000 |
Closed | NJOC2028460 | 83 W Tebco Terrace #A | Long Beach Township | LBI Real Estate Market | $2,050,000 |
Closed | NJOC2026952 | 13 East 15th Street | Barnegat Light | LBI Real Estate Market | $2,100,000 |
Closed | NJOC2024730 | 144-B Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $2,190,000 |
Closed | NJOC2025082 | 3 E Ramapo Ln | Long Beach Township | LBI Real Estate Market | $2,800,000 |
Temporary Off Market | NJOC2027890 | 310 Kentford Avenue #EAST | Beach Haven | LBI Real Estate Market | $2,195,000 |
Temporary Off Market | NJOC2022012 | 146 E Ohio Ave | Long Beach Township | LBI Real Estate Market | $8,900,000 |
Canceled | NJOC2029236 | 103 E 86th Sea Glass | Long Beach Township | LBI Real Estate Market | $1,749,000 |
Canceled | NJOC2028206 | 22 E 8 Th St | Barnegat Light | LBI Real Estate Market | $2,499,000 |
Expired | NJOC2028222 | 444 Schoderer Ln | Surf City | LBI Real Estate Market | $2,699,000 |
LBI New Jersey Real Estate Sales Analysis
As you can see from the chart above, there was a wide range of homes and price points showing activity this week in the LBI real estate market. Notably, a single-family home in North Beach went under contract with a listing price of $10,000,000, and a new listing in Brant Beach at a nearly identical price point replaced it! The Long Beach Island real estate market also saw activity in lower price points as well, with some being under $1,000,000. The market has slowed in overall activity, which is normal for this time of year, but a number of transactions are still taking place. There are 126 active listings in the MLS this week and 57pending 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 11-10-2024 to 11-17-2024, 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
