LBI Real Estate Weekly Sales Update 11/24/2024-12/1/2024
- High Tides Digital Marketing
- Dec 2, 2024
- 4 min read
Updated: 2 days ago
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11/24/2024-12/1/2024
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 11/24/2024-12/1/2024: The last week of November showed steady activity in the Long Beach Island real estate market. This week, pending sales saw more activity than new listings, but in all the market was balanced. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
7 new listings entered the market with an average price of $3,140,857
10 listings went under contract with an average listing price of about $2,130.800
8 properties sold on Long Beach Island with an average price of $2,200,625
7 listings saw price reductions in the LBI real estate market and one home increased the listing price
LBI Real Estate Weekly Sales Update 11/24/2024-12/1/2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Current Price |
Coming Soon | NJOC2030184 | 214 25th | Long Beach Township | $3,499,000 |
New Active | NJOC2030386 | 220 Taylor Ave | Beach Haven | $2,399,000 |
New Active | NJOC2030408 | 409 Tidal Dr | Long Beach Township | $2,599,000 |
New Active | NJOC2030370 | 38 Maiden Lane | Harvey Cedars | $2,795,000 |
New Active | NJOC2030414 | 38 Maiden Ln | Harvey Cedars | $2,795,000 |
New Active | NJOC2030434 | 115 W Kimberly Ave | Long Beach Township | $3,899,000 |
New Active | NJOC2030448 | 334 W 19th St | Ship Bottom | $3,999,999 |
Back to Active | NJOC2028324 | 2206 Central Ave | Barnegat Light | $1,775,000 |
Price Decrease | NJOC2030230 | 1810 Central Ave #13 | Ship Bottom | $749,900 |
Price Decrease | NJOC2029126 | 7 W 29th | Long Beach Township | $1,150,000 |
Price Decrease | NJOC2028498 | 34 W 8th Street | Barnegat Light | $1,499,000 |
Price Decrease | NJOC2029160 | 1 Cedars Ave | Harvey Cedars | $1,789,000 |
Price Decrease | NJOC2029158 | 1 Cedars Ave | Harvey Cedars | $1,789,000 |
Price Decrease | NJOC2028686 | 9-D Arnold | Long Beach Township | $2,199,000 |
Price Decrease | NJOC2023316 | 19 W 6th St | Barnegat Light | $16,000,000 |
Price Increase | NJOC2029422 | 24 Beacon Dr | Long Beach Township | $5,395,000 |
Active Under Contract | NJOC2029162 | 4 W Kansas Avenue Unit 4a | Long Beach Township | $699,000 |
Active Under Contract | NJOC2029312 | 249 W 17th St | Ship Bottom | $1,450,000 |
Active Under Contract | NJOC2030042 | 120 E Kentucky Ave | Long Beach Township | $2,350,000 |
Active Under Contract | NJOC2022674 | 23 W 83rd St | Harvey Cedars | $3,399,999 |
Pending | NJOC2029342 | 1810 Central Ave #5 | Ship Bottom | $750,000 |
Pending | NJOC2028782 | 510 N Bay Ave #208 | Beach Haven | $865,000 |
Pending | NJOC2027802 | 328 W 6th St | Ship Bottom | $1,050,000 |
Pending | NJOC2025592 | 4300-C Long Beach Blvd | Long Beach Township | $1,950,000 |
Pending | NJOC2029272 | 119 N 17th St | Surf City | $2,299,000 |
Pending | NJOC2026000 | 5701 Ocean Blvd | Long Beach Township | $6,495,000 |
Closed | NJOC2028252 | 2105 Central Ave | Barnegat Light | $900,000 |
Closed | NJOC2028800 | 2 W 29th | Long Beach Township | $1,225,000 |
Closed | NJOC2027194 | 321 Jefferis Ave | Beach Haven | $1,530,000 |
Closed | NJOC2027062 | 1210 Long Beach #A | Long Beach Township | $1,700,000 |
Closed | NJOC2030260 | 2510 N Atlantic | Long Beach Township | $2,450,000 |
Closed | NJOC2028462 | 112 E 13th | Long Beach Township | $2,500,000 |
Closed | NJOC2028294 | 3501 Ocean Blvd | Long Beach Township | $2,900,000 |
Closed | NJOC2028866 | 151-B Long Beach | Long Beach Township | $4,400,000 |
Temporary Off Market | NJOC2027394 | 2600 Long Beach Blvd #2 | Long Beach Township | $1,625,000 |
Temporary Off Market | NJOC2027392 | 2600 Long Beach Blvd #1 | Long Beach Township | $1,725,000 |
Expired | NJOC2026144 | 336 N 6th Street | Surf City | $1,299,999 |
Expired | NJOC2026052 | 51 N 24th Street | Surf City | $1,399,000 |
Expired | NJOC2026200 | 13 Washington Ave | Long Beach Township | $1,499,000 |
Expired | NJOC2025956 | 409 Tidal Dr | Long Beach Township | $2,599,000 |
LBI New Jersey Real Estate Sales Analysis
There were a higher-than-average number of price reductions this week, but as we come toward the year's end, we often see some sellers dropping their prices. This can help spur activity, and there is still time for a closing in 2024 if a buyer and seller move quickly. Sometimes, there are tax advantages to closing in one year versus another, so a price drop may be better than a poor tax position. There are 125 active listings in the MLS this week and 55 pending sales which is about the same as the past 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 11/24/2024-12/1/2024, 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
