LBI Real Estate Weekly Sales Update 3/16/2020-3/22/2020
- High Tides Digital Marketing
- Mar 23, 2020
- 6 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 3/16/2020-3/22/2020
LBI Real Estate Weekly Sales Update 3/16/2020-3/22/2020: There were a total 103 changes to the Long Beach Island real estate market-a marked uptick in activity from last week's sale transactions! 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
33 new listings entered the market with an average price of $913,891
19 listings went under contact with an average listing price of about $710,995
12 properties sold on Long Beach Island with an average price of $841,917
15 listings were either withdrawn of expired in the LBI real estate market and 5 came back on the market
LBI Real Estate Weekly Sales Update 3/16/2020-3/22/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Cat | Address | City | Current Price – Decimal |
Coming Soon | MUL | 288 Division Ave | Surf City | $799,000 |
New Active | RES | 2915 Long Beach Blvd #C | Long Beach Township | $279,000 |
New Active | RES | 1000 N Bay Ave #M-11 | Beach Haven | $525,000 |
New Active | RES | 15 W Sailboat Lane | Long Beach Township | $649,000 |
New Active | RES | 510 N Bay Ave #2-7 | Beach Haven | $659,000 |
New Active | RES | 510 N Bay Ave #2-3 | Beach Haven | $659,000 |
New Active | RES | 510 N Bay Ave #2-8 | Beach Haven | $679,000 |
New Active | RES | 510 N Bay Ave #2-6 | Beach Haven | $679,000 |
New Active | RES | 510 N Bay Ave #3-7 | Beach Haven | $689,000 |
New Active | RES | 510 N Bay Ave #3-3 | Beach Haven | $689,000 |
New Active | RES | 510 N Bay Ave #3-8 | Beach Haven | $699,000 |
New Active | RES | 510 N Bay Ave #3-6 | Beach Haven | $699,000 |
New Active | RES | 510 N Bay Ave #3-4 | Beach Haven | $699,000 |
New Active | RES | 510 N Bay Ave #3-9 | Beach Haven | $719,000 |
New Active | RES | 510 N Bay Ave #2-9 | Beach Haven | $719,000 |
New Active | RES | 510 N Bay Ave #3-1 | Beach Haven | $719,000 |
New Active | RES | 510 N Bay Ave #3-2 | Beach Haven | $729,000 |
New Active | RES | 510 N Bay Ave #2-2 | Beach Haven | $729,000 |
New Active | RES | 14 Osborn Ave | Long Beach Township | $735,000 |
New Active | RES | 209 W 27th St | Ship Bottom | $769,000 |
New Active | RES | 510 N Bay Ave #3-10 | Beach Haven | $779,000 |
New Active | RES | 112 32nd | Long Beach Township | $799,900 |
New Active | RES | 510 N Bay Ave #2-10 | Beach Haven | $819,000 |
New Active | RES | 12704 Long Beach | Long Beach Township | $1,199,000 |
New Active | RES | 415 2nd St | Beach Haven | $1,319,000 |
New Active | RES | 19 Cedar Dr | Long Beach Township | $1,625,000 |
New Active | RES | 247 Oceana | Long Beach Township | $1,975,000 |
New Active | RES | 400 Jefferis Ave | Beach Haven | $1,990,000 |
New Active | RES | 215 E 14th St | Long Beach Township | $2,550,000 |
New Active | MUL | 215 14th | Long Beach Township | $2,550,000 |
New Active | LAND | 102 Rooservelt Ave W #10 | Long Beach Township | $32,500 |
New Active | LAND | 6 E Maryland Ave | Long Beach Township | $499,000 |
New Active | COM | 6 E Maryland Ave | Long Beach Township | $499,000 |
Back to Active | RES | 401 Pelham Ave | Beach Haven | $849,000 |
Back to Active | RES | 3304 Harbor Dr | Long Beach Township | $1,350,000 |
Back to Active | RES | 256 Pompano Dr | Long Beach Township | $1,395,000 |
Back to Active | MUL | 401 Pelham Ave | Beach Haven | $849,000 |
Back to Active | COMB | 305 N Bay Ave | Beach Haven | $1,399,000 |
Price Decrease | RES | 7700 Long Beach Blvd. #B | Long Beach Township | $339,000 |
Price Decrease | RES | 7903 Long Beach #B | Long Beach Township | $395,100 |
Price Decrease | RES | 9 W Carolina #2 | Long Beach Township | $415,000 |
Price Decrease | RES | 1405 Long Beach Blvd | Long Beach Township | $499,000 |
Price Decrease | RES | 11 E 40th #U1 | Long Beach Township | $524,000 |
Price Decrease | RES | 12 W 6th St | Barnegat Light | $585,000 |
Price Decrease | RES | 10 W 17th St | Barnegat Light | $649,000 |
Price Decrease | RES | 8312 Long Beach Blvd | Harvey Cedars | $849,000 |
Price Decrease | RES | 21 S 3rd St | Surf City | $929,000 |
Price Decrease | RES | 24 W Connecticut (83rd St) Ave | Long Beach Township | $1,149,000 |
Price Decrease | RES | 185 Nautilus | Long Beach Township | $1,149,000 |
Price Decrease | RES | 12711-Beach Ave. Beach | Long Beach Township | $1,549,000 |
Price Decrease | RES | 6802 Kent Pl | Harvey Cedars | $1,985,000 |
Price Decrease | RES | 1067- C Long Beach Blvd | Long Beach Township | $2,575,000 |
Price Decrease | MUL | 17 W 45th | Long Beach Township | $575,000 |
Price Decrease | MUL | 21 S 3rd St | Surf City | $929,000 |
Price Decrease | LAND | 1405 Long Beach Blvd | Long Beach Township | $499,000 |
Price Decrease | COM | 1901 Long Beach Blvd | Surf City | $199,000 |
Price Decrease | COM | 10 W 17th St | Barnegat Light | $649,000 |
Active Under Contract | RES | 331 Jefferies Ave #1 | Beach Haven | $499,000 |
Active Under Contract | RES | 309 W 4th St | Ship Bottom | $649,900 |
Active Under Contract | RES | 4800 Ocean Blvd | Long Beach Township | $1,499,000 |
Pending | RES | 8501 Long Beach Blvd #8 | Long Beach Township | $185,000 |
Pending | RES | 251 W 13th St #2 | Ship Bottom | $225,000 |
Pending | RES | 20 Washington Ave #1 | Long Beach Township | $339,000 |
Pending | RES | 204 W 12th St #C01 | Ship Bottom | $380,000 |
Pending | RES | 5517 West Ave | Long Beach Township | $519,000 |
Pending | RES | 14 W Harrington Ave | Long Beach Township | $599,000 |
Pending | RES | 369 W 7th St | Ship Bottom | $625,000 |
Pending | RES | 412 3rd St | Beach Haven | $625,000 |
Pending | RES | 30 W 5th St #16 | Barnegat Light | $699,000 |
Pending | RES | 104 W Ohio | Long Beach Township | $780,000 |
Pending | RES | 38 W Wyoming | Long Beach Township | $949,999 |
Pending | RES | 24 W New York | Long Beach Township | $959,000 |
Pending | RES | 258 N 12th St | Surf City | $999,000 |
Pending | RES | 711 S Beach Ave | Beach Haven | $1,150,000 |
Pending | RES | 145-A Long Beach #A | Long Beach Township | $1,228,000 |
Pending | MUL | 14 W Harrington Ave | Long Beach Township | $599,000 |
Closed | RES | 312 N 5th St | Surf City | $612,500 |
Closed | RES | 293 B Tidal Dr | Long Beach Township | $675,000 |
Closed | RES | 5200 Long Beach | Long Beach Township | $705,000 |
Closed | RES | 16 26th St W | Barnegat Light | $829,000 |
Closed | RES | 107 W Osborn | Long Beach Township | $850,000 |
Closed | RES | 4 E 30th St | Barnegat Light | $964,000 |
Closed | RES | 610 N Beach Ave | Beach Haven | $1,086,000 |
Closed | RES | 6403-A Long Beach Blvd #A | Harvey Cedars | $1,599,000 |
Closed | RES | 353 Dusty Miller Dr | Long Beach Township | $1,600,000 |
Closed | RESL | 1000 S Bay Ave #18 | Beach Haven | $1,500 |
Closed | MUL | 24 E North Carolina Ave | Long Beach Township | $841,000 |
Closed | LAND | 244 W 7th St | Ship Bottom | $340,000 |
Temporary Off Market | RES | 206 W Ship Bottom Ave | Ship Bottom | $711,000 |
Temporary Off Market | RES | 5804 Bayview | Long Beach Township | $749,000 |
Temporary Off Market | RES | 19 E 21st | Long Beach Township | $1,729,000 |
Withdrawn | RES | 108 E 19th #WEST | Long Beach Township | $649,999 |
Withdrawn | RES | 14 E 50th St | Long Beach Township | $1,459,000 |
Withdrawn | RES | 215 E 14th St | Long Beach Township | $2,550,000 |
Withdrawn | RESL | 129 E 4th St #REAR | Ship Bottom | $975 |
Withdrawn | MUL | 215 E 14th St | Long Beach Township | $2,950,000 |
Withdrawn | LAND | 412 3rd St | Beach Haven | $625,000 |
Canceled | RES | 24 E North Carolina Ave E | Long Beach Township | $769,000 |
Expired | RES | 8102 Long Beach Blvd | Harvey Cedars | $529,000 |
Expired | RES | 1606 N Long Beach Blvd | Surf City | $749,000 |
Expired | RES | 248 27th St | Ship Bottom | $1,545,000 |
Expired | MUL | 270 N 13th St | Surf City | $679,000 |
Expired | MUL | 1606 N Long Beach Blvd | Surf City | $749,000 |
LBI New Jersey Real Estate Sales Analysis
Compared to last week, we saw more overall activity this week. There were 11 more new listings, 5 more pending sales and 3 more closings this week. This is a good sign for the health of the LBI real estate market. The same number of homes (5) came back on the market this week as compared to last week. While this is a little higher than I would like to see, it is also not in of itself alarming. As the weeks go on and the world fights the coronavirus, we shall see how the market reacts. For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 3/16/2020-3/22/2020 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
