LBI Real Estate Weekly Sales Update 11/21/2021-11/28/2021
- High Tides Digital Marketing
- Nov 28, 2021
- 3 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11/21/2021-11/28/2021
LBI Real Estate Weekly Sales Update 11/21/2021-11/28/2021: It was a very slow week in the Long Beach Island real estate sales market, but that is to be expected with the Thanksgiving Holiday! In fact, there was not a single change to the MLS today!! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
5 new listings entered the market with an average price of $2,387,600
10 listings went under contract with an average listing price of about $1,822,300
9 properties sold on Long Beach Island with an average price of $1,651,500
2 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 11/21/2021-11/28/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 – Decimal |
Coming Soon | NJOC2004874 | 225 N 14th St | Surf City | LBI | $999,000 |
New Active | NJOC2004794 | 203 Berkeley Ave | Beach Haven | LBI | $1,650,000 |
New Active | NJOC2004772 | 18 Buckingham Ave | Harvey Cedars | LBI | $1,895,000 |
New Active | NJOC2004800 | 228 Stratford Ave | Beach Haven | LBI | $2,199,000 |
New Active | NJOC2004714 | 10-A E 68th St | Harvey Cedars | LBI | $5,195,000 |
Back to Active | NJOC2000005 | 111 E 26th St | Ship Bottom | LBI | $875,000 |
Back to Active | NJOC2003930 | 16 E Sailboat | Long Beach Township | LBI | $1,900,000 |
Back to Active | NJOC410048 | 1511 Seaview Ave | Barnegat Light | LBI | $3,350,000 |
Price Decrease | NJOC410166 | 11 E 74th St #3 | Harvey Cedars | LBI | $119,000 |
Price Decrease | NJOC2003260 | 3-A W Louisiana Ave | Long Beach Township | LBI | $659,000 |
Active Under Contract | NJOC2002318 | 33 W 9th St | Barnegat Light | LBI | $959,000 |
Active Under Contract | NJOC2004470 | 221 Pearl St | Beach Haven | LBI | $1,799,000 |
Active Under Contract | NJOC2004320 | 9 W Holgate Ave | Long Beach Township | LBI | $2,099,000 |
Active Under Contract | NJOC2004602 | 2 Taylor Ave | Beach Haven | LBI | $2,500,000 |
Pending | NJOC2004850 | 304 Iroquois Ave | Beach Haven | LBI | $999,000 |
Pending | NJOC2002966 | 6 W Lavenia Ave | Long Beach Township | LBI | $1,199,000 |
Pending | NJOC2003276 | 258 N 2nd St | Surf City | LBI | $1,325,000 |
Pending | NJOC2004146 | 8602 Sandpiper Ln | Harvey Cedars | LBI | $1,349,000 |
Pending | NJOC2004848 | 5104 S Long Beach Blvd | Long Beach Township | LBI | $2,495,000 |
Pending | NJOC2003622 | 80 Maiden Lane | Harvey Cedars | LBI | $3,499,000 |
Closed | NJOC408800 | 510 N Bay Ave #102 | Beach Haven | LBI | $265,000 |
Closed | NJOC2002620 | 100 E Lillie #U2 | Long Beach Township | LBI | $649,000 |
Closed | NJOC2001434 | 102 W Roosevelt #C(3) | Long Beach Township | LBI | $975,000 |
Closed | NJOC2001346 | 34 Sunset | Long Beach Township | LBI | $999,500 |
Closed | NJOC2003742 | 4 E Goodrich Ave | Long Beach Township | LBI | $1,500,000 |
Closed | NJOC2002042 | 110 Selfridge | Long Beach Township | LBI | $1,800,000 |
Closed | NJOC2003038 | 120 W Ohio Ave | Long Beach Township | LBI | $1,975,000 |
Closed | NJOC407648 | 103-B Long Beach Blvd | Long Beach Township | LBI | $2,200,000 |
Closed | NJOC409394 | 209 E 22nd St | Long Beach Township | LBI | $4,500,000 |
Temporary Off Market | NJOC2003852 | 166-G Marina #G | Long Beach Township | LBI | $5,195,000 |
Canceled | NJOC2002274 | 1 La Baia | Long Beach Township | LBI | $1,499,000 |
Expired | NJOC2002378 | 16 E Nevada Ave | Long Beach Township | LBI | $1,249,000 |
LBI New Jersey Real Estate Sales Analysis
While overall activity was slow this week, the trends that we have been witnessing prevailed. There were twice as many pending sales as new listings this week. There were 3 listings that came back on the market after an existing deal fell apart, so the overall impact to the market was not as bad as it could have been. There are 178 active listings in the MLS this week and130 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 11/21/2021-11/28/2021 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
