LBI Real Estate Weekly Sales Update 12/8/2024-12/15/2024
- High Tides Digital Marketing
- Dec 16, 2024
- 4 min read
Updated: 3 days ago
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 12/8/2024-12/15/2024
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 12/8/2024-12/15/2024: What is often considered to be the "last week" of strong LBI real estate market activity, home sales saw a surge in pending sales! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $2,212,250
16 listings went under contract with an average listing price of about $2,767,437
7 properties sold on Long Beach Island with an average price of $1,794,929
5 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 12/8/2024-12/15/2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 |
New Active | NJOC2030588 | 13 W Washington | Long Beach Township | $1,399,000 |
New Active | NJOC2030674 | 25 16th | Long Beach Township | $2,200,000 |
New Active | NJOC2030658 | 1506 N Barnegat Ave | Surf City | $2,250,000 |
New Active | NJOC2030630 | 11 W Muriel | Long Beach Township | $2,999,999 |
Price Decrease | NJOC2030230 | 1810 Central Ave #13 | Ship Bottom | $739,900 |
Price Decrease | NJOC2029696 | 8311 Long Beach Blvd #UNIT 4 | Long Beach Township | $759,750 |
Price Decrease | NJOC2027342 | 6309-A Long Beach Blvd | Harvey Cedars | $2,895,000 |
Price Decrease | NJOC2027926 | 203 Berkeley Ave | Beach Haven | $3,475,000 |
Price Decrease | NJOC2026258 | 6 N 21st St | Surf City | $6,300,000 |
Active Under Contract | NJOC2029876 | 253 W 21st St | Ship Bottom | $999,999 |
Active Under Contract | NJOC2029584 | 109 E Massachusetts | Long Beach Township | $1,649,000 |
Active Under Contract | NJOC2028368 | 123 E Maryland | Long Beach Township | $2,399,999 |
Active Under Contract | NJOC2029382 | 5207 West Ave | Long Beach Township | $2,695,000 |
Active Under Contract | NJOC2030370 | 38 Maiden Lane | Harvey Cedars | $2,795,000 |
Active Under Contract | NJOC2030414 | 38 Maiden Ln | Harvey Cedars | $2,795,000 |
Active Under Contract | NJOC2030184 | 214 25th | Long Beach Township | $3,499,000 |
Active Under Contract | NJOC2030448 | 334 W 19th St | Ship Bottom | $3,999,999 |
Active Under Contract | NJOC2028418 | 123 Maryland | Long Beach Township | $4,299,999 |
Pending | NJOC2030502 | 2801 S Long Beach | Long Beach Township | $750,000 |
Pending | NJOC2029598 | 220–222 Coral | Beach Haven | $1,479,000 |
Pending | NJOC2029484 | 220–222 Coral | Beach Haven | $1,479,000 |
Pending | NJOC2026560 | 8 W 77th St | Harvey Cedars | $1,499,000 |
Pending | NJOC2027108 | 11 Carolina | Long Beach Township | $1,750,000 |
Pending | NJOC2027614 | 26 E 52nd St | Long Beach Township | $2,189,000 |
Pending | NJOC2027922 | 1095 Long Beach Blvd #B | Long Beach Township | $10,000,000 |
Closed | NJOC2028806 | 310 S West Ave #3K | Beach Haven | $790,000 |
Closed | NJOC2028668 | 1802 Bayview Ave | Barnegat Light | $1,375,000 |
Closed | NJOC2027440 | 2510 Bayview Ave | Barnegat Light | $1,400,000 |
Closed | NJOC2027006 | 14 W 6th St | Barnegat Light | $1,830,000 |
Closed | NJOC2029414 | 83 W Tebco #D | Long Beach Township | $2,312,500 |
Closed | NJOC2029508 | 184 Nautilus Dr | Long Beach Township | $2,399,000 |
Closed | NJOC2029042 | 10608 Beach Avenue | Long Beach Township | $2,458,000 |
Temporary Off Market | NJOC2025772 | 317 Third St | Beach Haven | $6,300 |
Temporary Off Market | NJOC2028288 | 334 W 5th St | Ship Bottom | $1,349,000 |
Temporary Off Market | NJOC2028730 | 108 Winifred | Beach Haven | $2,200,000 |
Temporary Off Market | NJOC2026416 | 132 Coral St | Beach Haven | $3,699,999 |
Withdrawn | NJOC2029166 | 204 2nd Street | Beach Haven | $4,400,000 |
Withdrawn | NJOC2017734 | 2 W Cleveland | Long Beach Township | $4,999,999 |
Expired | NJOC2026916 | 907 N Bay Avenue, First Floor | Beach Haven | $60,000 |
Expired | NJOC2026624 | 1518 Sunset Ave | Surf City | $1,135,000 |
Expired | NJOC2026418 | 313 Essex Ave | Beach Haven | $1,950,000 |
LBI New Jersey Real Estate Sales Analysis
While there are still about 2 weeks left in 2024, this past week really represents the last strong week of activity on Long Beach Island. With Christmas just around the corner, attentions tend to divert elsewhere (rightly so) for the remainder of the year. Typically, the market will pick up again in the first couple of weeks of January. Of course, there will still be market activity this year, especially with closings that are pushing to wrap up before the end of the year, but the rest of the market will likely slow down. There are 107 active listings in the MLS this week and 54 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 12/8/2024-12/15/2024, 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
