LBI Real Estate Weekly Sales Update 2-11-2024 to 2-18-2024
- High Tides Digital Marketing
- Feb 18, 2024
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 2-11-2024 to 2-18-2024
LBI Real Estate Weekly Sales Update 2-11-2024 to 2-18-2024: There were 49 changes to the Long Beach Island real estate market this week, which is a healthy increase over the activity seen in the past few weeks. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
17 new listings entered the market with an average price of $2,873,406
14 listings went under contract with an average listing price of about $1,801,214
4 properties sold on Long Beach Island with an average price of $1,483,500
7 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 2-11-2024 to 2-18-2024
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 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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2023960 | 229 W 21st St | Ship Bottom | LBI | Zip Code 08008 | $829,000 |
New Active | NJOC2023796 | 333 W 11th St | Ship Bottom | LBI | Zip Code 08008 | $1,299,900 |
New Active | NJOC2023944 | 31 W 87th St | Long Beach Township | LBI | Zip Code 08008 | $1,350,000 |
New Active | NJOC2023928 | 2512, 2508, 2504-Unit #1A LONG BEACH BLVD | Ship Bottom | LBI | Zip Code 08008 | $1,649,000 |
New Active | NJOC2023954 | 202 W 18th St | Ship Bottom | LBI | Zip Code 08008 | $1,689,000 |
New Active | NJOC2023936 | 1104-I Long Beach | Long Beach Township | LBI | Zip Code 08008 | $1,959,000 |
New Active | NJOC2023962 | 1 Hudson Ave | Harvey Cedars | LBI | Zip Code 08008 | $2,299,000 |
New Active | NJOC2023746 | 133 Norwood Ave | Beach Haven | LBI | Zip Code 08008 | $2,299,000 |
New Active | NJOC2024004 | 128 W Jeanette | Long Beach Township | LBI | Zip Code 08008 | $2,495,000 |
New Active | NJOC2023504 | 17 Delaware Ave | Long Beach Township | LBI | Zip Code 08008 | $2,500,000 |
New Active | NJOC2023620 | 24 W Roosevelt Ave | Long Beach Township | LBI | Zip Code 08008 | $2,595,000 |
New Active | NJOC2023680 | 20 22nd St | Surf City | LBI | Zip Code 08008 | $2,750,000 |
New Active | NJOC2023774 | 51 N 21st St | Surf City | LBI | Zip Code 08008 | $2,895,000 |
New Active | NJOC2023942 | 9 W 51st St | Long Beach Township | LBI | Zip Code 08008 | $3,349,000 |
New Active | NJOC2023682 | 1046 A Long Beach Blvd. | Long Beach Township | LBI | Zip Code 08008 | $4,100,000 |
New Active | NJOC2023940 | 15 N Ocean Ave | Surf City | LBI | Zip Code 08008 | $5,790,000 |
New Active | NJOC2023532 | 1900 Virginia Ave | Beach Haven | LBI | Zip Code 08008 | $8,999,999 |
Price Decrease | NJOC2022850 | 2300 Long Beach Blvd #7 | Ship Bottom | LBI | Zip Code 08008 | $810,000 |
Price Decrease | NJOC2023218 | 21 W Sail Boat Lane | Long Beach Township | LBI | Zip Code 08008 | $899,000 |
Price Decrease | NJOC2023476 | Tbd Long Beach Boulevard And 49th Street | Long Beach Township | LBI | Zip Code 08008 | $1,150,000 |
Price Decrease | NJOC2021936 | 203 W 7th St | Ship Bottom | LBI | Zip Code 08008 | $1,250,000 |
Price Decrease | NJOC2021934 | 203 W 7th St | Ship Bottom | LBI | Zip Code 08008 | $1,250,000 |
Price Decrease | NJOC2020342 | 3 E 9th St | Barnegat Light | LBI | Zip Code 08008 | $1,399,000 |
Price Decrease | NJOC2021656 | 356 W 14th St | Ship Bottom | LBI | Zip Code 08008 | $1,599,999 |
Active Under Contract | NJOC2020260 | 124 E 17th St #2 | Ship Bottom | LBI | Zip Code 08008 | $419,000 |
Active Under Contract | NJOC2020462 | 310 S Atlantic Ave #U1 | Beach Haven | LBI | Zip Code 08008 | $475,000 |
Active Under Contract | NJOC2021276 | 358 W 6th St | Ship Bottom | LBI | Zip Code 08008 | $995,000 |
Active Under Contract | NJOC2023408 | 418 Drexel Ave | Ship Bottom | LBI | Zip Code 08008 | $1,199,000 |
Active Under Contract | NJOC2022176 | 11 E Macevoy Ln | Long Beach Township | LBI | Zip Code 08008 | $1,299,000 |
Active Under Contract | NJOC2022504 | 12114 Beach Ave | Long Beach Township | LBI | Zip Code 08008 | $1,765,000 |
Pending | NJOC2023730 | 9604 Beach | Long Beach Township | LBI | Zip Code 08008 | $1,075,000 |
Pending | NJOC2023498 | 1112 N Central Ave | Surf City | LBI | Zip Code 08008 | $1,200,000 |
Pending | NJOC2023752 | 1405 N Central Ave | Surf City | LBI | Zip Code 08008 | $1,200,000 |
Pending | NJOC2022160 | 1706 N Atlantic Ave | Long Beach Township | LBI | Zip Code 08008 | $1,550,000 |
Pending | NJOC2021248 | 233 N 1st St | Surf City | LBI | Zip Code 08008 | $1,999,999 |
Pending | NJOC2023336 | 7-9 E 28th St | Barnegat Light | LBI | Zip Code 08008 | $2,050,000 |
Pending | NJOC2021514 | 15 W Mears Ave | Long Beach Township | LBI | Zip Code 08008 | $3,195,000 |
Pending | NJOC2021176 | 7401 Ocean Blvd | Long Beach Township | LBI | Zip Code 08008 | $6,795,000 |
Closed | NJOC2022250 | 505 Dock Rd #A | Beach Haven | LBI | Zip Code 08008 | $7,500 |
Closed | NJOC2022864 | 27 Jacqueline Ave, Unit A | Long Beach Township | LBI | Zip Code 08008 | $910,000 |
Closed | NJOC2022368 | 309 W 16th St | Ship Bottom | LBI | Zip Code 08008 | $925,000 |
Closed | NJOC2021642 | 139 E 24th St | Ship Bottom | LBI | Zip Code 08008 | $1,550,000 |
Closed | NJOC2020404 | 2214 Beach Ave | Long Beach Township | LBI | Zip Code 08008 | $2,549,000 |
Temporary Off Market | NJOC2022420 | 13 E 16th St | Long Beach Township | LBI | Zip Code 08008 | $1,995,000 |
Temporary Off Market | NJOC2022128 | 9 Windward Rd | Long Beach Township | LBI | Zip Code 08008 | $3,295,000 |
Canceled | NJOC2022568 | 31 W 87th St | Long Beach Township | LBI | Zip Code 08008 | $1,350,000 |
Canceled | NJOC2018312 | 1104-I Long Beach | Long Beach Township | LBI | Zip Code 08008 | $1,999,900 |
Canceled | NJOC2020094 | 51 N 21st St | Surf City | LBI | Zip Code 08008 | $2,745,000 |
Canceled | NJOC2022710 | 9 W 51st St | Long Beach Township | LBI | Zip Code 08008 | $3,349,000 |
LBI New Jersey Real Estate Sales Analysis
As we typically see, the market was balanced this week on Long Beach Island. While there was a difference of 3 units comparing new listings to pending sales, this is a small difference in the overall scope of the market. It is important to note that a few of these listings were "re-listings" for homes that were pulled and then put back on the market. Overall, activity in the LBI real estate market remains very strong. There are 106 active single-family home listings in the MLS this week and 50 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 2-11-2024 to 2-18-2024, 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
