LBI Real Estate Weekly Sales Update 11/19/2023-11/26/2023
- High Tides Digital Marketing
- Nov 26, 2023
- 3 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11/19/2023-11/26/2023
LBI Real Estate Weekly Sales Update 11/19/2023-11/26/2023: It was a slow week in the Long Beach Island real estate market with only 29 changes to the MLS. This is normal for this time of year as buyers and sellers tend to take a break over the holiday season. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
3 new listings entered the market with an average price of $1,428,000
4 listings went under contract with an average listing price of about $1,394,750
9 properties sold on Long Beach Island with an average price of $1,663,589
3 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 11/19/2023-11/26/2023
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 |
New Active | NJOC2022602 | 9006 Long Beach Blvd #B | Long Beach Township | LBI Real Estate | $990,000 |
New Active | NJOC2022618 | 17 Tebco Terrace | Long Beach Township | LBI Real Estate | $1,499,000 |
New Active | NJOC2022578 | 108 W 10th St | Ship Bottom | LBI Real Estate | $1,795,000 |
Back to Active | NJOC2022384 | 234 W 17th St | Ship Bottom | LBI Real Estate | $800,000 |
Price Decrease | NJOC2020396 | 1076-C Long Beach Blvd | Long Beach Township | LBI Real Estate | $1,795,000 |
Price Decrease | NJOC2020218 | 26 N 24th St | Surf City | LBI Real Estate | $3,649,000 |
Price Decrease | NJOC2022056 | 1201 Seaview (12th St) Ave | Barnegat Light | LBI Real Estate | $3,850,000 |
Pending | NJOC2022382 | 232 W 17th St | Ship Bottom | LBI Real Estate | $625,000 |
Pending | NJOC2020222 | 6110 Long Beach | Long Beach Township | LBI Real Estate | $910,000 |
Pending | NJOC2020900 | 15 W Rhode Island Ave | Long Beach Township | LBI Real Estate | $1,345,000 |
Pending | NJOC2015312 | 230 Fairview Ave | Beach Haven | LBI Real Estate | $2,699,000 |
Closed | NJOC2022520 | 6 Webster | Long Beach Township | LBI Real Estate | $1,300 |
Closed | NJOC2020600 | 510 N Bay Ave #301 | Beach Haven | LBI Real Estate | $999,000 |
Closed | NJOC2015334 | 108, 110 N Bay Ave | Beach Haven | LBI Real Estate | $1,350,000 |
Closed | NJOC2011590 | 5-A Sunset | Long Beach Township | LBI Real Estate | $1,539,000 |
Closed | NJOC2021280 | 5 W 81st St | Harvey Cedars | LBI Real Estate | $1,599,000 |
Closed | NJOC2022662 | 2113 S Bay Ave | Beach Haven | LBI Real Estate | $1,710,000 |
Closed | NJOC2018224 | 268 N 13th St | Surf City | LBI Real Estate | $2,199,000 |
Closed | NJOC2021114 | 120 W Yarmouth Ct | Long Beach Township | LBI Real Estate | $2,700,000 |
Closed | NJOC2019780 | 1110 S Beach Ave | Beach Haven | LBI Real Estate | $2,875,000 |
Temporary Off Market | NJOC2020856 | 510 N Bay Ave #104 | Beach Haven | LBI Real Estate | $399,000 |
Temporary Off Market | NJOC2020852 | 510 N Bay Ave #307 | Beach Haven | LBI Real Estate | $849,999 |
Temporary Off Market | NJOC2021900 | 1302 Central Ave | Barnegat Light | LBI Real Estate | $2,149,000 |
Temporary Off Market | NJOC2020010 | 214 E 15th St | Long Beach Township | LBI Real Estate | $4,299,000 |
Canceled | NJOC2017016 | 256 N 13th St N | Surf City | LBI Real Estate | $954,000 |
Canceled | NJOC2015738 | 6107 Ocean Blvd | Long Beach Township | LBI Real Estate | $2,595,000 |
Expired | NJOC2018750 | 211 Pelham Ave | Beach Haven | LBI Real Estate | $1,950,000 |
Expired | NJOC2016942 | 17 W Beck Ave | Long Beach Township | LBI Real Estate | $2,999,000 |
Expired | NJOC2020754 | 12 E 30th St | Barnegat Light | LBI Real Estate | $6,999,000 |
LBI New Jersey Real Estate Sales Analysis
While the LBI real estate market was slower, there was plenty of activity on Long Beach Island. This week kicked off the Christmas celebration on LBI, and there were plenty of things to do, from carriage rides and craft shows to the "elf's workshop" and fire pits in Beach Haven. The LBI real estate market is still seeing activity, but things will remain slow for the next few weeks. 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 11/19/2023-11/26/2023 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
