LBI Real Estate Weekly Sales Update 3-17-2024 to 3-24-2024
- High Tides Digital Marketing
- Mar 24, 2024
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 3-17-2024 to 3-24-2024
LBI Real Estate Weekly Sales Update 3-17-2024 to 3-24-2024: It was a very busy week for new listings in the Long Beach Island real estate market! This should be welcomed news for those looking to enter into a transaction before the start of summer. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
19 new listings entered the market with an average price of $2,383,894
9 listings went under contract with an average listing price of about $2,659,000
9 properties sold on Long Beach Island with an average price of $2,034,878
12 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 3-17-2024 to 3-24-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 |
Coming Soon | NJOC2024614 | 814 W Bay Club Ln | Beach Haven | LBI | Zip Code 08008 | $1,995,000 |
Coming Soon | NJOC2024742 | 45-C Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $4,199,990 |
New Active | NJOC2024610 | 2504 Long Beach Boulevard ##3A | Ship Bottom | LBI | Zip Code 08008 | $542,000 |
New Active | NJOC2024746 | 243 W 11th St | Ship Bottom | LBI | Zip Code 08008 | $969,000 |
New Active | NJOC2024708 | 6215 Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $1,299,000 |
New Active | NJOC2024696 | 13209 N Beach | Long Beach Township | LBI | Zip Code 08008 | $1,299,000 |
New Active | NJOC2024596 | 13209 N Beach | Long Beach Township | LBI | Zip Code 08008 | $1,299,000 |
New Active | NJOC2024290 | 12 W 5th St | Barnegat Light | LBI | Zip Code 08008 | $1,300,000 |
New Active | NJOC2024590 | 9 W Hollybanks Ln | Long Beach Township | LBI | Zip Code 08008 | $1,459,000 |
New Active | NJOC2024532 | 102 W Ship Bottom Ave | Ship Bottom | LBI | Zip Code 08008 | $1,524,000 |
New Active | NJOC2024744 | 2116 N Long Beach Blvd | Surf City | LBI | Zip Code 08008 | $1,875,000 |
New Active | NJOC2024628 | 325 Berkeley Ave | Beach Haven | LBI | Zip Code 08008 | $2,150,000 |
New Active | NJOC2024670 | 2 E 28th St #B | Barnegat Light | LBI | Zip Code 08008 | $2,350,000 |
New Active | NJOC2024730 | 144-B Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $2,385,000 |
New Active | NJOC2024664 | 2 E 28th St #A | Barnegat Light | LBI | Zip Code 08008 | $2,450,000 |
New Active | NJOC2024638 | 125 Herbert Ave | Long Beach Township | LBI | Zip Code 08008 | $2,800,000 |
New Active | NJOC2024682 | 14 E 78th St | Harvey Cedars | LBI | Zip Code 08008 | $4,699,000 |
New Active | NJOC2024674 | 2 E 28th St | Barnegat Light | LBI | Zip Code 08008 | $4,800,000 |
New Active | NJOC2024562 | 1109-B Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $5,899,000 |
Back to Active | NJOC2021422 | 1013-A Long Beach | Long Beach Township | LBI | Zip Code 08008 | $1,839,000 |
Price Decrease | NJOC2021578 | 2219 Central Ave #1 | Ship Bottom | LBI | Zip Code 08008 | $699,000 |
Price Decrease | NJOC2022850 | 2300 Long Beach Blvd #7 | Ship Bottom | LBI | Zip Code 08008 | $799,000 |
Price Decrease | NJOC2023374 | 108 E 7th St #1 | Ship Bottom | LBI | Zip Code 08008 | $1,300,000 |
Price Decrease | NJOC2024166 | 7706 Long Beach Blvd | Harvey Cedars | LBI | Zip Code 08008 | $1,395,000 |
Price Decrease | NJOC2022738 | 7706 Long Beach Blvd | Harvey Cedars | LBI | Zip Code 08008 | $1,395,000 |
Price Decrease | NJOC2022722 | 7706 Long Beach Blvd | Harvey Cedars | LBI | Zip Code 08008 | $1,395,000 |
Price Decrease | NJOC2023104 | 5 W Coughlan | Long Beach Township | LBI | Zip Code 08008 | $2,199,000 |
Price Decrease | NJOC2023746 | 133 Norwood Ave | Beach Haven | LBI | Zip Code 08008 | $2,199,000 |
Price Decrease | NJOC2020922 | 1414 Bay Ter | Ship Bottom | LBI | Zip Code 08008 | $2,749,000 |
Price Decrease | NJOC2022674 | 23 W 83rd St | Harvey Cedars | LBI | Zip Code 08008 | $3,499,999 |
Price Decrease | NJOC2023166 | 67-A Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $3,999,900 |
Price Decrease | NJOC2022672 | 21 W 83rd St | Harvey Cedars | LBI | Zip Code 08008 | $4,249,999 |
Active Under Contract | NJOC2022430 | 6 34th | Long Beach Township | LBI | Zip Code 08008 | $1,045,000 |
Active Under Contract | NJOC2024124 | 7701 Long Beach Blvd | Harvey Cedars | LBI | Zip Code 08008 | $1,385,000 |
Active Under Contract | NJOC2024122 | 7701 Long Beach Blvd | Harvey Cedars | LBI | Zip Code 08008 | $1,385,000 |
Active Under Contract | NJOC2021478 | 169b Long Beach Blvd E | Long Beach Township | LBI | Zip Code 08008 | $4,419,000 |
Pending | NJOC2023406 | 113 W Hobart Ave | Long Beach Township | LBI | Zip Code 08008 | $2,649,000 |
Pending | NJOC2022702 | 109 E Connecticut Ave | Beach Haven | LBI | Zip Code 08008 | $2,699,000 |
Pending | NJOC2023680 | 20 22nd St | Surf City | LBI | Zip Code 08008 | $2,750,000 |
Pending | NJOC2023474 | 11 E 28th St | Barnegat Light | LBI | Zip Code 08008 | $3,599,000 |
Pending | NJOC2024578 | 35 W Mississippi Ave | Long Beach Township | LBI | Zip Code 08008 | $3,999,999 |
Closed | NJOC2020260 | 124 E 17th St #2 | Ship Bottom | LBI | Zip Code 08008 | $401,000 |
Closed | NJOC2023960 | 229 W 21st St | Ship Bottom | LBI | Zip Code 08008 | $840,000 |
Closed | NJOC2022396 | 126 E 20th St | Ship Bottom | LBI | Zip Code 08008 | $999,900 |
Closed | NJOC2023408 | 418 Drexel Ave | Ship Bottom | LBI | Zip Code 08008 | $1,100,000 |
Closed | NJOC2023700 | 2001 Waverly Ave | Long Beach Township | LBI | Zip Code 08008 | $1,499,000 |
Closed | NJOC2022510 | 11 W McKinley Ave | Long Beach Township | LBI | Zip Code 08008 | $1,600,000 |
Closed | NJOC2020352 | 256 N 13th St | Surf City | LBI | Zip Code 08008 | $2,275,000 |
Closed | NJOC2023462 | 1012-F Long Beach | Long Beach Township | LBI | Zip Code 08008 | $2,599,000 |
Closed | NJOC2023098 | 1035-C Long Beach | Long Beach Township | LBI | Zip Code 08008 | $7,000,000 |
Canceled | NJOC2022676 | 12 E 30th St | Barnegat Light | LBI | Zip Code 08008 | $6,999,000 |
Expired | NJOC2021338 | 717 N Central Ave | Surf City | LBI | Zip Code 08008 | $1,399,999 |
Expired | NJOC2021284 | 50-A Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $2,895,000 |
LBI New Jersey Real Estate Sales Analysis
This week saw a nice increase in the inventory of homes for sale in the LBI real estate market. If past trends hold steady, look for a surge in pending sales sometime in the next 2-3 weeks! The trend has been that when we see a bump in new listing inventory, it gets absorbed into the market very quickly. There were also a lot of price drops this week, so there may be buying opportunities for some homes that have been on the market. The average price of a new listing, pending sale and sold home were all above $2,000,000 which shows buyers are not shy about investing in the LBI real estate market. There are 110 active listings in the MLS this week and 53 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 3-17-2024 to 3-24-2024, 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
