LBI Real Estate Weekly Sales Update 3/24/2019-3/31/2019
- High Tides Digital Marketing
- Mar 31, 2019
- 7 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 3/24/2019-3/231/2019
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 3/24/2019-3/31/2019: Activity was very strong this week in the Long Beach Island real estate market. In total there were 147 changes made to the market. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $1,219,594
28 listings went under contact with an average listing price of about $1,060,729
22 properties sold on Long Beach Island with an average price of $81,340,098
33 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 3/24/2019-3/31/2019
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the property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired).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 |
CONDO | NEW | 109 | Atlantic | Beach Haven Borough | $480,000 | 736 | 1 |
CONDO | NEW | 310 | West | Beach Haven Borough | $489,000 | 906 | 7 |
SF | NEW | 321 | Stratford | Beach Haven Borough | $549,000 | 672 | 9 |
CONDO | NEW | 1001 | Ocean | Ship Bottom | $589,000 | 1,087 | 5 |
SF | NEW | 5116 | Long Beach | Long Beach Twp | $619,000 | 1,536 | 1 |
CONDO | NEW | 325 | Engleside | Beach Haven Borough | $645,000 | 1,500 | 2 |
CONDO | NEW | 1000 | Bay | Beach Haven Borough | $649,900 | 1,100 | 1 |
SF | NEW | 210 | 21st | Ship Bottom | $650,000 | 1,527 | 4 |
SF | NEW | 329 | 3rd | Surf City | $674,900 | 1,626 | 2 |
SF | NEW | 4 | Buckingham | Harvey Cedars | $698,200 | 1,846 | 2 |
SF | NEW | 413 | 8th | Beach Haven Borough | $699,000 | 1,700 | 5 |
CONDO | NEW | 413 | 8th | Beach Haven Borough | $699,000 | 1,700 | 5 |
SF | NEW | 7 | Harmony | Long Beach Twp | $724,000 | 1,500 | 2 |
SF | NEW | 281 | 12th | Ship Bottom | $869,000 | 2,302 | 5 |
SF | NEW | 2905 | Long Beach | Long Beach Twp | $899,950 | 2,000 | 3 |
SF | NEW | 5303 | Long Beach | Long Beach Twp | $925,000 | 2,300 | 5 |
SF | NEW | 306 | 2nd | Beach Haven Borough | $969,000 | 2,300 | 4 |
SF | NEW | 3 | Lange | Harvey Cedars | $999,900 | 1,728 | 2 |
SF | NEW | 24 | CONNECTICUT (83RD) | Long Beach Twp | $1,199,000 | 2,556 | 11 |
SF | NEW | 20 | South 34th | Long Beach Twp | $1,285,000 | 3,521 | 0 |
SF | NEW | 8 | 20th | Long Beach Twp | $1,295,000 | 3,478 | 5 |
SF | NEW | 463 | Schoderer | Surf City | $1,349,000 | 2,753 | 4 |
SF | NEW | 310 | 10th | Ship Bottom | $1,399,000 | 2,800 | 2 |
SF | NEW | 302 | 10th | Ship Bottom | $1,450,000 | 2,845 | 2 |
SF | NEW | 1005 | Barnegat Ave | Ship Bottom | $1,450,000 | 2,697 | 2 |
SF | NEW | 58 | California | Long Beach Twp | $1,600,000 | 3,428 | 2 |
SF | NEW | 19 | 44th | Long Beach Twp | $1,649,900 | 2,060 | 1 |
SF | NEW | 5508 | Holly Avenue | Harvey Cedars | $1,695,000 | 2,312 | 4 |
SF | NEW | 806 | Bayview | Barnegat Light | $1,799,000 | 3,548 | 2 |
SF | NEW | 11501 | Long Beach | Long Beach Twp | $1,799,850 | 3,800 | 2 |
SF | NEW | 2211 | Seaview | Barnegat Light | $2,599,000 | 3,320 | 5 |
SF | NEW | 47 | Holly | Long Beach Twp | $3,299,000 | 4,500 | 2 |
SF | NEW | 131 A | 21st | Ship Bottom | $3,549,000 | 3,300 | 2 |
SF | BOM | 270 | Pompano | Long Beach Twp | $999,000 | 1,843 | 189 |
SF | BOM | 283 | 3rd | Surf City | $1,149,000 | 2,112 | 186 |
COM | BOM | 110 | Bay | Beach Haven Borough | $649,000 | 1,800 | 376 |
COM | BOM | 108 | Bay | Beach Haven Borough | $999,000 | 3,700 | 150 |
SF | DOWN | 5406 | Long Beach | Harvey Cedars | $609,000 | 1,228 | 149 |
SF | DOWN | 202 | 17th | Ship Bottom | $645,000 | 936 | 74 |
SF | DOWN | 2216 | Long Beach | Surf City | $650,000 | 1,288 | 118 |
SF | DOWN | 9 | E South 34th | Long Beach Twp | $689,000 | 1,184 | 180 |
SF | DOWN | 18 | Meadow Lane | Long Beach Twp | $795,000 | 2,110 | 310 |
SF | DOWN | 320 | Norwood | Beach Haven Borough | $875,000 | 0 | 25 |
SF | DOWN | 97 | 27th | Ship Bottom | $879,000 | 2,160 | 83 |
SF | DOWN | 18 | 13th | Long Beach Twp | $899,000 | 2,490 | 69 |
SF | DOWN | 5 | 44th | Long Beach Twp | $929,000 | 2,076 | 212 |
CONDO | DOWN | 5 | 44th | Long Beach Twp | $929,000 | 2,076 | 212 |
SF | DOWN | 2 | 13th | Barnegat Light | $999,000 | 2,394 | 55 |
SF | DOWN | 150 | Long Beach | Long Beach Twp | $999,000 | 912 | 148 |
SF | DOWN | 6C | 82nd | Harvey Cedars | $999,000 | 945 | 421 |
SF | DOWN | 275 | 27th | Ship Bottom | $1,039,000 | 2,100 | 47 |
SF | DOWN | 1819 | Barnegat | Ship Bottom | $1,049,000 | 2,000 | 163 |
SF | DOWN | 2302 | Bayview | Barnegat Light | $1,499,000 | 2,428 | 15 |
SF | DOWN | 13 | 21st | Barnegat Light | $1,785,000 | 2,061 | 44 |
SF | DOWN | 106 | Bay | Surf City | $1,799,000 | 2,600 | 86 |
SF | DOWN | 156 | Marina | Long Beach Twp | $1,899,000 | 3,900 | 91 |
SF | DOWN | 1113 | Long Beach | Long Beach Twp | $1,999,000 | 2,872 | 84 |
SF | DOWN | 1000 | Atlantic | Beach Haven Borough | $2,395,000 | 3,000 | 34 |
LND | DOWN | 275 | 27th | Ship Bottom | $1,039,000 | 2,100 | 9 |
COM | DOWN | 2304 | Long Beach | Ship Bottom | $499,000 | 0 | 336 |
COM | DOWN | 101 | 27th | Ship Bottom | $649,000 | 0 | 111 |
COM | DOWN | 2216 | Long Beach | Surf City | $650,000 | 1,288 | 118 |
MUL | DOWN | 332 | 2nd | Surf City | $649,000 | 1,976 | 148 |
MUL | DOWN | 1113 | Long Beach | Long Beach Twp | $1,999,000 | 2,872 | 84 |
CONDO | UP | 30 | 5th | Barnegat Light | $734,900 | 2,568 | 202 |
CONDO | K | 21 | Pennsylvania | Long Beach Twp | $225,000 | 727 | 249 |
SF | K | 125 | 27th | Ship Bottom | $587,000 | 1,000 | 293 |
SF | K | 34 | 36th | Long Beach Twp | $895,000 | 2,064 | 55 |
SF | K | 103 | Surf | Long Beach Twp | $999,500 | 1,681 | 177 |
COM | K | 2020 | Long Beach | Ship Bottom | $1,149,000 | 5,034 | 125 |
SF | P | 2116 | Central | Ship Bottom | $325,000 | 624 | 34 |
SF | P | 101 | 23rd | Long Beach Twp | $599,000 | 1,167 | 11 |
SF | P | 302 | 18th | Ship Bottom | $629,000 | 1,580 | 26 |
SF | P | 224 | 21st | Ship Bottom | $635,000 | 1,100 | 42 |
SF | P | 319 | 10th | Ship Bottom | $639,000 | 1,295 | 23 |
SF | P | 11 | Louisiana | Long Beach Twp | $775,000 | 1,144 | 176 |
SF | P | 108 | 30th | Ship Bottom | $799,900 | 1,656 | 53 |
SF | P | 10 | 6th | Surf City | $819,000 | 1,344 | 34 |
SF | P | 131 | 30th | Ship Bottom | $850,000 | 1,775 | 141 |
SF | P | 6 | Arnold | Long Beach Twp | $899,000 | 1,794 | 114 |
CONDO | P | 103 | Lillie | Long Beach Twp | $999,000 | 1,654 | 52 |
SF | P | 1004-F | Long Beach Blvd | Long Beach Twp | $999,000 | 1,710 | 37 |
SF | P | 40 | Jeanette | Long Beach Twp | $1,099,000 | 2,276 | 185 |
SF | P | 87 | Bayview | Long Beach Twp | $1,199,000 | 1 | 47 |
SF | P | 386 | 10th | Surf City | $1,399,000 | 2,940 | 166 |
SF | P | 110 | 86th | Long Beach Twp | $1,595,000 | 2,400 | 30 |
SF | P | 8 | East 73rd Street | Harvey Cedars | $2,100,000 | 2,500 | 349 |
SF | P | 131 | 21st | Ship Bottom | $2,300,000 | 3,000 | 70 |
SF | P | 18 | Long Beach | Long Beach Twp | $3,295,000 | 4,888 | 182 |
COM | P | 605 | Long Beach | Ship Bottom | $875,000 | 3,900 | 286 |
MUL | P | 4300 | Long Beach | Long Beach Twp | $575,000 | 0 | 28 |
MUL | P | 131 | 30th | Ship Bottom | $850,000 | 1,775 | 141 |
MUL | P | 203 | 16th | Long Beach Twp | $1,590,000 | 3,000 | 457 |
SF | W | 4 | 43rd | Long Beach Twp | $469,000 | 864 | 97 |
SF | W | 4300 | Long Beach | Long Beach Twp | $575,000 | 0 | 28 |
SF | W | 7 | Harmony | Long Beach Twp | $734,000 | 1,500 | 146 |
SF | W | 420 | Eighth St S8 w Boat Slip | Beach Haven Borough | $739,900 | 2,176 | 178 |
CONDO | W | 203 | 16th | Long Beach Twp | $799,000 | 1,500 | 210 |
CONDO | W | 203 | 16th | Long Beach Twp | $849,000 | 1,500 | 378 |
SF | W | 1005 | Barnegat Ave | Ship Bottom | $1,350,000 | 2,697 | 88 |
SF | W | 310 | 10th | Ship Bottom | $1,399,000 | 2,800 | 40 |
SF | W | 302 | 10th | Ship Bottom | $1,450,000 | 2,845 | 91 |
SF | W | 463 | Schoderer | Surf City | $1,599,000 | 2,753 | 50 |
SF | W | 131 B | 21st | Ship Bottom | $1,850,000 | 0 | 41 |
SF | W | 131 A | 21st | Ship Bottom | $3,549,000 | 3,300 | 40 |
LND | W | 11 | Louisiana | Long Beach Twp | $775,000 | 0 | 176 |
LND | W | 108 | 30th | Ship Bottom | $799,900 | 1,656 | 53 |
COM | W | 2702 | long beach boulevard | Long Beach Twp | $847,500 | 0 | 945 |
MUL | W | 7 | Harmony | Long Beach Twp | $734,000 | 1,500 | 146 |
CONDO | V | 1117 | Long Beach | Surf City | $459,000 | 878 | 217 |
SF | V | 1117 | Long Beach | Surf City | $459,000 | 878 | 192 |
CONDO | V | 214 | Leeward | Beach Haven Borough | $485,000 | 722 | 45 |
SF | V | 236 | 15th | Ship Bottom | $749,000 | 1,647 | 42 |
SF | V | 6605 | Long Beach | Harvey Cedars | $1,090,000 | 2,250 | 187 |
CONDO | C | 4 | 43rd | Long Beach Twp | $450,000 | 864 | 97 |
SF | C | 113 | 24th St C9 | Ship Bottom | $470,000 | 1,392 | 28 |
SF | C | 901 | Ocean | Ship Bottom | $525,150 | 1,081 | 13 |
CONDO | C | 1000 | Bay | Beach Haven Borough | $570,000 | 1,097 | 102 |
CONDO | C | 101 | Engleside | Beach Haven Borough | $679,000 | 1,300 | 64 |
CONDO | C | 420 | Eighth St S8 w Boat Slip | Beach Haven Borough | $695,000 | 2,176 | 307 |
SF | C | 1100A North Beach | LBB | Long Beach Twp | $800,000 | 1,683 | 283 |
SF | C | 8601 | Jamaica | Harvey Cedars | $850,000 | 1,500 | 40 |
CONDO | C | 30 | Tennessee | Long Beach Twp | $865,000 | 2,150 | 178 |
SF | C | 128 | Harmony | Long Beach Twp | $1,085,000 | 2,340 | 19 |
SF | C | 109 | Virginia (110th) | Long Beach Twp | $1,125,000 | 2,239 | 119 |
SF | C | 131 | 18th | Ship Bottom | $1,300,000 | 2,288 | 54 |
SF | C | 1 | Harding | Long Beach Twp | $1,400,000 | 2,600 | 102 |
SF | C | 38 | 10th | Surf City | $1,600,000 | 2,500 | 28 |
SF | C | 8 | 68th | Harvey Cedars | $1,650,000 | 2,600 | 29 |
SF | C | 28 | 45th | Long Beach Twp | $1,669,000 | 2,500 | 327 |
SF | C | 2101 | Ocean | Ship Bottom | $1,900,000 | 2,172 | 47 |
SF | C | 9322 | Mark | Long Beach Twp | $2,125,000 | 3,076 | 0 |
SF | C | 4003 | Long Beach | Long Beach Twp | $2,569,000 | 2,892 | 42 |
SF | C | 97C+D | Long Beach | Long Beach Twp | $5,700,000 | 6,926 | 160 |
LND | C | 97-C | Long Beach Blvd | Long Beach Twp | $1,350,000 | 0 | 30 |
COM | C | 500 | Bay | Beach Haven Borough | $105,000 | 0 | 51 |
SF | X | 4 | Buckingham | Harvey Cedars | $724,200 | 1,846 | 45 |
CONDO | X | 220 | Merivale | Beach Haven Borough | $839,000 | 1,092 | 181 |
SF | X | 2 | Kentucky | Long Beach Twp | $899,900 | 2,656 | 187 |
SF | X | 3 | Lange | Harvey Cedars | $999,900 | 1,728 | 112 |
SF | X | 20 | South 34th | Long Beach Twp | $1,285,000 | 3,521 | 586 |
SF | X | 19 | 44th | Long Beach Twp | $1,649,900 | 2,060 | 103 |
SF | X | 806 | Bayview | Barnegat Light | $1,799,000 | 3,548 | 45 |
SF | X | 11501 | Long Beach | Long Beach Twp | $1,799,850 | 3,800 | 85 |
SF | X | 47 | Holly | Long Beach Twp | $3,299,000 | 4,500 | 251 |
COM | X | 330 | Coral | Beach Haven Borough | $874,000 | 0 | 181 |
MUL | X | 314 | Leeward | Beach Haven Borough | $845,000 | 912 | 21 |
LBI New Jersey Real Estate Sales Analysis
This week wraps up the 1st quarter of 2019. Looking at single family home sales 2019 is lagging behind 2018 by about 10% in total units sold. Inventory levels have risen recently so it will be interesting to see if having more homes for sale translates into more closings. As for this week, activity in pending and closes sales was much higher. In particular the higher number of pending sales will be interesting to track and see if this trend continues. 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 3/24/2019-3/231/2019 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
