LBI Real Estate Weekly Sales Update 3/17/2019-3/24/2019
- High Tides Digital Marketing
- Mar 24, 2019
- 6 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 3/17/2019-3/24/2019
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 3/17/2019-3/24/2019: The Long Beach Island real estate market had a busy week with 104 changes being made. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
25 new listings entered the market with an average price of $1,250,000 (rounded)
27 listings went under contact with an average listing price of about $922,000 (rounded)
12 properties sold on Long Beach Island with an average price of $800,000 (rounded)
9 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 3/17/2019-3/24/2019
Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW means it is a new or re-listed home, DOWN means the price was reduced, "P" means the property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired). Note this is for single family homes, condos, duplexes and commercial real estate listed by all local Long Beach Island real estate agencies.
Type | Chg Type | Street Number | Street Name | Municipality | Current Price | Sq Ft Total | DOM |
SF | NEW | 1908 | Central | Ship Bottom | $1,450 | 0 | 5 |
INOW | NEW | 220 | Liberty | Beach Haven Borough | $89,000 | 1,000 | 5 |
CONDO | NEW | 229 | Eleventh | Beach Haven Borough | $279,000 | 704 | 5 |
CONDO | NEW | 217 | 11th | Ship Bottom | $375,000 | 720 | 5 |
CONDO | NEW | 310 | West | Beach Haven Borough | $489,000 | 906 | 0 |
SF | NEW | 1619 | Barnegat | Ship Bottom | $549,000 | 1,800 | 2 |
SF | NEW | 108 | 19th | Long Beach Twp | $649,900 | 1,120 | 3 |
MUL | NEW | 2 | 52nd | Long Beach Twp | $699,000 | 1,632 | 6 |
SF | NEW | 310 | 11th | Ship Bottom | $750,000 | 2,000 | 1 |
SF | NEW | 4 | Joseph | Long Beach Twp | $775,000 | 1,580 | 5 |
SF | NEW | 403 | 8th | Beach Haven Borough | $775,000 | 1,493 | 34 |
SF | NEW | 98 | Arnold | Long Beach Twp | $875,000 | 1,700 | 2 |
SF | NEW | 4 | Surf | Long Beach Twp | $975,000 | 1,944 | 9 |
SF | NEW | 17 | 20th | Barnegat Light | $1,029,000 | 2,417 | 1 |
LND | NEW | 275 | 27th | Ship Bottom | $1,059,000 | 2,100 | 2 |
SF | NEW | 384 | 5th | Surf City | $1,279,000 | 3,198 | 4 |
SF | NEW | 13 | 23rd | Long Beach Twp | $1,569,000 | 2,756 | 6 |
SF | NEW | 16 | New Jersey | Long Beach Twp | $1,699,900 | 2,738 | 7 |
SF | NEW | 609 | Atlantic | Beach Haven Borough | $1,749,000 | 1,894 | 2 |
SF | NEW | 27 | Judith | Long Beach Twp | $1,799,900 | 3,347 | 4 |
MUL | NEW | 2601 | Long Beach | Long Beach Twp | $1,875,000 | 1,728 | 6 |
SF | NEW | 2601 | Long Beach | Long Beach Twp | $1,875,000 | 1,728 | 6 |
SF | NEW | 65 D | Long Beach | Long Beach Twp | $2,397,000 | 3,650 | 7 |
SF | NEW | 7303 | Ocean | Long Beach Twp | $3,150,000 | 3,795 | 1 |
SF | NEW | 4505 | Long Beach | Long Beach Twp | $3,599,000 | 4,169 | 4 |
MUL | BOM | 2 | Oceanview | Long Beach Twp | $675,000 | 1,300 | 38 |
SF | BOM | 9319 | Mark | Long Beach Twp | $839,000 | 1,400 | 63 |
SF | BOM | 10 | 79th | Harvey Cedars | $1,299,000 | 1,950 | 51 |
CONDO | DOWN | 21 | Pennsylvania | Long Beach Twp | $184,900 | 468 | 33 |
CONDO | DOWN | 7301 | Long Beach | Long Beach Twp | $419,000 | 1,296 | 48 |
SF | DOWN | 7301 | Long Beach | Long Beach Twp | $419,000 | 1,296 | 39 |
MUL | DOWN | 15 | Mea | Long Beach Twp | $545,000 | 1,500 | 54 |
SF | DOWN | 15 | Mea | Long Beach Twp | $545,000 | 1,500 | 54 |
SF | DOWN | 3 | 9th | Barnegat Light | $549,000 | 1,008 | 88 |
MUL | DOWN | 332 | 2nd | Surf City | $649,000 | 1,976 | 141 |
LND | DOWN | 6 | 26th | Long Beach Twp | $649,000 | 0 | 276 |
SF | DOWN | 6 | 26th | Long Beach Twp | $649,000 | 2,225 | 289 |
CONDO | DOWN | 30 | 5th | Barnegat Light | $734,000 | 2,568 | 195 |
SF | DOWN | 102 | 13th | Surf City | $799,000 | 1,056 | 22 |
SF | DOWN | 13107 | Bayview | Long Beach Twp | $849,500 | 1,635 | 46 |
SF | DOWN | 4904 | Long Beach | Long Beach Twp | $949,000 | 2,100 | 25 |
CONDO | DOWN | 1601 | Long Beach | Long Beach Twp | $989,900 | 2,360 | 53 |
SF | DOWN | 1601 | Long Beach Blvd. | Long Beach Twp | $989,900 | 2,360 | 17 |
SF | DOWN | 6C | 82nd | Harvey Cedars | $999,000 | 945 | 414 |
SF | DOWN | 6605 | Long Beach | Harvey Cedars | $1,090,000 | 2,250 | 183 |
SF | DOWN | 29 | South 1st Street | Surf City | $1,175,000 | 2,000 | 35 |
SF | DOWN | 87 | Bayview | Long Beach Twp | $1,199,000 | 1 | 44 |
SF | DOWN | 323 | Liberty | Beach Haven Borough | $1,549,000 | 2,500 | 51 |
SF | DOWN | 106 | Bay | Surf City | $1,849,000 | 2,600 | 79 |
SF | DOWN | 6403A | Long Beach Blvd W/Pool | Harvey Cedars | $1,849,000 | 2,500 | 472 |
SF | DOWN | 3008 | Beach | Long Beach Twp | $1,849,999 | 2,600 | 37 |
SF | DOWN | 25 | Barnegat | Harvey Cedars | $1,899,900 | 2,850 | 66 |
SF | DOWN | 903 | Seaview | Barnegat Light | $1,989,000 | 3,300 | 65 |
SF | DOWN | 1605 | Ocean Ave | Surf City | $1,999,999 | 2,330 | 95 |
SF | DOWN | 108 | Panorama | Long Beach Twp | $2,099,000 | 3,138 | 59 |
SF | UP | 30 | 5th | Barnegat Light | $734,900 | 2,568 | 152 |
CONDO | K | 21 | Pennsylvania | Long Beach Twp | $225,000 | 727 | 242 |
SF | K | 30 | Panorama | Long Beach Twp | $999,000 | 960 | 183 |
MUL | K | 217 | 4th | Beach Haven Borough | $999,999 | 2,300 | 67 |
SF | K | 217 | 4th | Beach Haven Borough | $999,999 | 2,300 | 128 |
SF | K | 40 | Jeanette | Long Beach Twp | $1,099,000 | 2,276 | 179 |
COM | K | 2020 | Long Beach | Ship Bottom | $1,149,000 | 5,034 | 118 |
CONDO | P | 137 | Maryland | Long Beach Twp | $175,500 | 290 | 75 |
SF | P | 275 | 14th | Surf City | $488,000 | 1,400 | 15 |
CONDO | P | 9 | Virginia | Long Beach Twp | $489,000 | 912 | 28 |
CONDO | P | 7 | Carolina | Long Beach Twp | $499,000 | 672 | 124 |
SF | P | 369 | 8th | Ship Bottom | $540,000 | 1,226 | 13 |
SF | P | 364 | 6th | Ship Bottom | $599,000 | 1,280 | 58 |
CONDO | P | 601 | Del | Beach Haven Borough | $607,500 | 2,000 | 174 |
SF | P | 117 | 7th | Ship Bottom | $619,999 | 1,300 | 24 |
CONDO | P | 101 | Engleside | Beach Haven Borough | $679,000 | 1,300 | 64 |
SF | P | 21 | Winifred (79th) | Long Beach Twp | $725,000 | 1,791 | 35 |
SF | P | 10 | 44th | Long Beach Twp | $779,000 | 1,056 | 30 |
SF | P | 309 | 11th | Ship Bottom | $889,000 | 2,200 | 75 |
SF | P | 5000 | Ocean | Long Beach Twp | $1,089,000 | 1,500 | 9 |
SF | P | 126 | 7th | Beach Haven Borough | $1,149,000 | 1,987 | 38 |
SF | P | 109 | Virginia (110th) | Long Beach Twp | $1,199,000 | 2,239 | 119 |
SF | P | 434 | iroquois | Beach Haven Borough | $1,249,000 | 1,850 | 201 |
SF | P | 8 | West 23rd Street | Barnegat Light | $1,295,000 | 2,745 | 206 |
SF | P | 110 | Amber | Beach Haven Borough | $1,299,000 | 3,181 | 42 |
SF | P | 29 | 45th | Long Beach Twp | $1,369,000 | 2,500 | 43 |
SF | P | 133 | 28th | Ship Bottom | $1,495,000 | 2,000 | 29 |
SF | P | 12 | 29th | Barnegat Light | $2,199,000 | 2,994 | 187 |
SF | W | 20 | West 80th | Harvey Cedars | $610,999 | 1,154 | 25 |
CONDO | C | 7301 | Long Beach | Long Beach Twp | $380,000 | 1,296 | 47 |
LND | C | 127 | 21st | Ship Bottom | $550,000 | 0 | 20 |
SF | C | 294 | 11th | Surf City | $555,000 | 1,152 | 26 |
SF | C | 20 | 14th | Long Beach Twp | $589,000 | 952 | 104 |
CONDO | C | 327 | Engleside | Beach Haven Borough | $615,000 | 1,500 | 152 |
SF | C | 5 | 29th | Long Beach Twp | $656,250 | 996 | 12 |
SF | C | 608 | Beach | Beach Haven Borough | $805,000 | 1,800 | 212 |
SF | C | 314 | 4th | Ship Bottom | $835,000 | 1,792 | 57 |
MUL | C | 20 | 24th | Surf City | $950,000 | 2,520 | 74 |
SF | C | 12 | East 21st Street | Barnegat Light | $975,000 | 1,800 | 27 |
SF | C | 96 | Panorama | Long Beach Twp | $1,150,000 | 2,500 | 80 |
SF | C | 10 | 21st | Barnegat Light | $1,625,000 | 2,800 | 388 |
MUL | X | 11 | Lee | Harvey Cedars | $124,999 | 950 | 26 |
CONDO | X | 1001 | Ocean | Ship Bottom | $599,000 | 1,087 | 182 |
SF | X | 401 | Pelham | Beach Haven Borough | $799,000 | 2,392 | 181 |
MUL | X | 401 | Pelham | Beach Haven Borough | $799,000 | 2,392 | 181 |
SF | X | 17 | 20th | Barnegat Light | $999,900 | 2,417 | 119 |
SF | X | 806 | Bayview | Barnegat Light | $1,799,000 | 3,548 | 118 |
SF | X | 27 | Judith | Long Beach Twp | $1,799,900 | 3,347 | 36 |
SF | X | 4505 | Long Beach | Long Beach Twp | $3,599,000 | 4,169 | 217 |
LBI New Jersey Real Estate Sales Analysis
The number of pending sales, new listings and closings were all very high this week. In particular there were a higher than average number of pending sales. This is a bright spot for the Long Beach Island real estate market as year to date sales are behind that of last year (which was down from 2017). All in all market activity this week points to a stable LBI real estate market even if it is a little slower than last year. 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 3/17/2019-3/24/2019 please do not hesitate to contact me.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
