LBI Real Estate Weekly Sales Update 12-17-2023 to 12/24/2023
- High Tides Digital Marketing
- Dec 26, 2023
- 3 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 12-17-2023 to 12/24/2023
LBI Real Estate Weekly Sales Update 12-17-2023 to 12/24/2023: It was Christmas on Long Beach Island this week (which is why my weekly report is a couple of days late), and the market was very quiet, as is to be expected for this time of year. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
4 new listings entered the market with an average price of $1,540,750
7 listings went under contract with an average listing price of about $1,328,143
3 properties sold on Long Beach Island with an average price of $778,333
0 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 12-17-2023 to 12/24/2023
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Zip Code | Current Price |
|
New Active | NJOC2022982 | 8501 Long Beach Blvd #10 | Long Beach Township | LBI | Zip Code 08008 | $399,000 |
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New Active | NJOC2022966 | 5 E 42nd | Long Beach Township | LBI | Zip Code 08008 | $1,589,000 |
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New Active | NJOC2022976 | 1801 Beach | Beach Haven | LBI | Zip Code 08008 | $1,799,999 |
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New Active | NJOC2022954 | 404 Iroquois Ave | Beach Haven | LBI | Zip Code 08008 | $2,375,000 |
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Active Under Contract | NJOC2022854 | 21 E 49th St | Long Beach Township | LBI | Zip Code 08008 | $1,299,000 |
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Active Under Contract | NJOC2021518 | 1402 Bayview Ave | Barnegat Light | LBI | Zip Code 08008 | $2,549,000 |
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Pending | NJOC2022988 | 12 E 78th St #2 | Harvey Cedars | LBI | Zip Code 08008 | $149,999 |
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Pending | NJOC2020852 | 510 N Bay Ave #307 | Beach Haven | LBI | Zip Code 08008 | $849,999 |
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Pending | NJOC2022478 | 109 W 25th St | Ship Bottom | LBI | Zip Code 08008 | $900,000 |
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Pending | NJOC2022820 | 1 East 29th Street | Barnegat Light | LBI | Zip Code 08008 | $1,650,000 |
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Pending | NJOC2021212 | 13600 Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $1,899,000 |
|
Closed | NJOC2022694 | 33 N 24th St #2 | Surf City | LBI | Zip Code 08008 | $1,500 |
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Closed | NJOC2020548 | 2708 Long Beach Blvd #5 | Ship Bottom | LBI | Zip Code 08008 | $485,000 |
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Closed | NJOC2020222 | 6110 Long Beach | Long Beach Township | LBI | Zip Code 08008 | $900,000 |
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Closed | NJOC2021640 | 262 N 5th | Surf City | LBI | Zip Code 08008 | $950,000 |
|
Temporary Off Market | NJOC2020094 | 51 N 21st St | Surf City | LBI | Zip Code 08008 | $2,745,000 |
LBI New Jersey Real Estate Sales Analysis
As 2023 comes to a close, we can expect low activity levels...but that will most likely change in the next few weeks. January and February are typically busy months in the market, and with data looking strong, there is no reason to think this year will be different. There are 98 active listings in the MLS this week (the first time it has dropped below 100 listings since the height of the COVID market) and 44 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 12-17-2023 to 12/24/2023, 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
