LBI Real Estate Weekly Sales Update 3/14/2021-3/21/2021
- High Tides Digital Marketing
- Mar 21, 2021
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 3/14/2021-3/21/2021
LBI Real Estate Weekly Sales Update 3/14/2021-3/21/2021: There were a total 73 changes to the Long Beach Island real estate market this week. The impacts of COVID-19 continue to be felt in the sales market with low inventory and multiple bids being the norm. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
16 new listings entered the market with an average price of $1,458,537
26 listings went under contract with an average listing price of about $1,062,265
20 properties sold on Long Beach Island with an average price of $1,568,386
4 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 3/14/2021-3/21/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC408166 | 25 E 49th St | Long Beach Township | LBI | $1,100,000 |
Coming Soon | NJOC408068 | 7913 Long Beach Blvd | Long Beach Township | LBI | $1,595,999 |
New Active | NJOC407880 | 4 E 79th Street Share #2 | Harvey Cedars | LBI | $75,000 |
New Active | NJOC407932 | 2708 Long Beach Blvd #5 | Ship Bottom | LBI | $360,000 |
New Active | NJOC408014 | 281 N 16th St | Surf City | LBI | $849,900 |
New Active | NJOC407920 | 12 Starboard | Long Beach Township | LBI | $849,900 |
New Active | NJOC407678 | 310 N Bay Ave | Beach Haven | LBI | $949,900 |
New Active | NJOC407990 | 107 E 20th St | Long Beach Township | LBI | $1,249,000 |
New Active | NJOC407998 | 113 E 21st Street | Long Beach Township | LBI | $1,290,000 |
New Active | NJOC408084 | 5 E 12th St | Barnegat Light | LBI | $1,299,000 |
New Active | NJOC407832 | 28 W Harding Ave | Long Beach Township | LBI | $1,595,000 |
New Active | NJOC408018 | 217 N 12th St | Surf City | LBI | $1,849,000 |
New Active | NJOC408132 | 121 E Alabama Ave | Long Beach Township | LBI | $2,499,000 |
New Active | NJOC407578 | 14 E Selfridge | Long Beach Township | LBI | $2,499,900 |
New Active | NJOC407882 | 10 E 79th St | Harvey Cedars | LBI | $2,550,000 |
New Active | NJOC408036 | 1049-B Long Beach Boulevard #B | Long Beach Township | LBI | $2,725,000 |
Back to Active | NJOC403552 | 220 Liberty Ave #1 | Beach Haven | LBI | $119,000 |
Back to Active | NJOC403456 | 137 E Maryland Ave E #4 | Long Beach Township | LBI | $499,000 |
Back to Active | NJOC405044 | 1511 Long Beach Blvd | Long Beach Township | LBI | $589,000 |
Back to Active | NJOC404660 | 25 Buckingham Ave | Harvey Cedars | LBI | $1,295,000 |
Back to Active | NJOC407220 | 14 31st | Long Beach Township | LBI | $1,595,000 |
Price Decrease | NJOC403638 | 316 W 10th St | Ship Bottom | LBI | $949,899 |
Price Decrease | NJOC2000022 | 44 Harbor Dr | Long Beach Township | LBI | $1,699,000 |
Active Under Contract | NJOC407732 | 129 Pearl St #6 | Beach Haven | LBI | $499,999 |
Active Under Contract | NJOC401994 | 9 Pearl St #2C | Beach Haven | LBI | $675,000 |
Active Under Contract | NJOC407154 | 102 W 18th | Long Beach Township | LBI | $729,000 |
Active Under Contract | NJOC407810 | 531 Engleside Ave | Beach Haven | LBI | $989,000 |
Active Under Contract | NJOC407658 | 147 W Jeanette Ave | Long Beach Township | LBI | $1,799,000 |
Pending | NJOC401308 | 11 E 74th Unit 3 Ave | Harvey Cedars | LBI | $105,000 |
Pending | NJOC138300 | 12 E 78th St #4 | Harvey Cedars | LBI | $119,000 |
Pending | NJOC401108 | 701 Ocean Ave #4 | Ship Bottom | LBI | $139,000 |
Pending | NJOC406574 | 9 Pearl St #3A | Beach Haven | LBI | $549,000 |
Pending | NJOC406958 | 511 Barnegat Ave | Ship Bottom | LBI | $635,000 |
Pending | NJOC407782 | 101 W 9th W #202 | Ship Bottom | LBI | $729,900 |
Pending | NJOC407528 | 257 N 3rd St | Surf City | LBI | $750,000 |
Pending | NJOC406554 | 112 N 3rd St | Surf City | LBI | $849,000 |
Pending | NJOC400090 | 421 2nd St | Beach Haven | LBI | $927,000 |
Pending | NJOC407484 | 5 Alexis Pl | Long Beach Township | LBI | $929,000 |
Pending | NJOC406484 | 507-505 S Bay Ave | Beach Haven | LBI | $929,000 |
Pending | NJOC407666 | 5 W 4th St | Barnegat Light | LBI | $949,999 |
Pending | NJOC403590 | 32 W South 32nd #C6 | Long Beach Township | LBI | $950,000 |
Pending | NJOC407376 | 2014 Beach Ave | Long Beach Township | LBI | $1,100,000 |
Pending | NJOC407728 | 13500 N Atlantic Ave | Long Beach Township | LBI | $1,249,000 |
Pending | NJOC406918 | 10 W 21st St | Long Beach Township | LBI | $1,299,000 |
Pending | NJOC407122 | 22 W New York Ave (84th Street) | Long Beach Township | LBI | $1,395,000 |
Pending | NJOC407422 | 362 N 1st St | Surf City | LBI | $1,500,000 |
Pending | NJOC406654 | 8302 Beach Ave | Long Beach Township | LBI | $1,924,999 |
Pending | NJOC400650 | 59-B Long Beach Blvd | Long Beach Township | LBI | $2,299,000 |
Pending | NJOC407016 | 10 Arts Ln | Long Beach Township | LBI | $3,599,000 |
Closed | NJOC406278 | 129 E 7th St #2 | Ship Bottom | LBI | $409,000 |
Closed | NJOC372866 | 10905 Long Beach Boulevard | Long Beach Township | LBI | $480,000 |
Closed | NJOC400536 | 901 Ocean Ave #931 | Ship Bottom | LBI | $635,000 |
Closed | NJOC406830 | 2-South 33rd | Long Beach Township | LBI | $805,000 |
Closed | NJOC405502 | 1802 Long Beach Blvd | Ship Bottom | LBI | $850,000 |
Closed | NJOC405660 | 1802 Long Beach | Ship Bottom | LBI | $850,000 |
Closed | NJOC402832 | 3608 Long Beach Blvd | Long Beach Township | LBI | $935,000 |
Closed | NJOC406570 | 17 E 14th St | Barnegat Light | LBI | $1,175,000 |
Closed | NJOC405234 | 1 Seaview Dr S | Long Beach Township | LBI | $1,212,500 |
Closed | NJOC406848 | 1013-A Long Beach Boulevard #A | Long Beach Township | LBI | $1,280,000 |
Closed | NJOC402980 | 1807 N Long Beach Blvd | Surf City | LBI | $1,387,210 |
Closed | NJOC404494 | 112 Sailboat | Long Beach Township | LBI | $1,400,000 |
Closed | NJOC403822 | 15 W Roosevelt Ave | Long Beach Township | LBI | $1,430,000 |
Closed | NJOC407974 | 2 Anitoch | Long Beach Township | LBI | $1,525,000 |
Closed | NJOC385778 | 4700a Bay Ter | Long Beach Township | LBI | $1,600,000 |
Closed | NJOC406136 | 1082-E Long Beach Blvd | Long Beach Township | LBI | $1,824,000 |
Closed | NJOC406266 | 14 E Cape Cod Ln | Long Beach Township | LBI | $1,975,000 |
Closed | NJOC403438 | 11 Webster | Long Beach Township | LBI | $2,250,000 |
Closed | NJOC406220 | 123 E Texas Ave | Long Beach Township | LBI | $4,350,000 |
Closed | NJOC394430 | 15-C Long Beach Blvd #C | Long Beach Township | LBI | $4,995,000 |
Canceled | NJOC406494 | 8 W Harrington | Long Beach Township | LBI | $599,000 |
Canceled | NJOC406686 | 17 E 14th St | Barnegat Light | LBI | $1,175,000 |
Expired | NJOC397018 | 1000 N Bay Ave #M-11 | Beach Haven | LBI | $525,000 |
Expired | NJOC406760 | 15 Cleveland | Long Beach Township | LBI | $974,000 |
LBI New Jersey Real Estate Sales Analysis
There were far more pending and closed sales in the market this week which further reduces the already low levels of homes for sale. There are currently less than 100 properties for sale in the LBI real estate market which is a shockingly low number! Buyers, now more than ever, have to be careful to make a smart investment when buying a home in the LBI real estate market. 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 3/14/2021-3/21/2021 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
