LBI Real Estate Weekly Sales Update 4/11/2021-4/18/2021
- High Tides Digital Marketing
- Apr 18, 2021
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 4/11/2021-4/18/2021
LBI Real Estate Weekly Sales Update 4/11/2021-4/18/2021: There were a total 68 changes to the Long Beach Island real estate market this week. For the second week in a row, there were more new listings coming on the market than pending sales. This is a very good thing to see as it will help to restore some of the imbalance in the market between buyers and sellers. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
24 new listings entered the market with an average price of $1,378,117
21 listings went under contract with an average listing price of about $1,186,205
12 properties sold on Long Beach Island with an average price of $1,149,583
7 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 4/11/2021-4/18/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC408876 | 310 S Atlantic Ave | Beach Haven | LBI | $798,000 |
Coming Soon | NJOC408840 | 310 S Atlantic Ave | Beach Haven | LBI | $798,000 |
Coming Soon | NJOC408970 | 328 W 6th St | Ship Bottom | LBI | $999,000 |
Coming Soon | NJOC408848 | 310 S Atlantic Ave #U6, U7, U8, U9A, U9B | Beach Haven | LBI | $2,200,000 |
Coming Soon | NJOC408978 | 112 Shore Ave | Surf City | LBI | $2,399,000 |
Coming Soon | NJOC408854 | 310 S Atlantic Ave #2,3,6,7,8,9A,9B | Beach Haven | LBI | $2,800,000 |
New Active | NJOC408976 | 1700 Long Beach Boulevard | Surf City | LBI | $150,000 |
New Active | NJOC408836 | 1700 Long Beach Boulevard | Surf City | LBI | $150,000 |
New Active | NJOC408802 | 510 N Bay Ave #104 | Beach Haven | LBI | $299,000 |
New Active | NJOC408800 | 510 N Bay Ave #102 | Beach Haven | LBI | $299,000 |
New Active | NJOC408924 | 204 S Atlantic Ave #104 | Beach Haven | LBI | $425,000 |
New Active | NJOC408974 | 2510 Blvd Unit #1B | Ship Bottom | LBI | $689,900 |
New Active | NJOC408926 | 15 Cleveland Ave. | Long Beach Township | LBI | $969,000 |
New Active | NJOC408702 | 6305a Long Beach Blvd #A | Harvey Cedars | LBI | $997,500 |
New Active | NJOC408914 | 8 W 74th St | Harvey Cedars | LBI | $999,900 |
New Active | NJOC408500 | 2 E Cumberland Ave | Harvey Cedars | LBI | $1,079,000 |
New Active | NJOC408790 | 5 18th | Long Beach Township | LBI | $1,100,000 |
New Active | NJOC408960 | 13 37th | Long Beach Township | LBI | $1,299,500 |
New Active | NJOC408652 | 10100 Highland Ave | Long Beach Township | LBI | $1,500,000 |
New Active | NJOC408782 | 110 E 14th | Long Beach Township | LBI | $1,624,000 |
New Active | NJOC408774 | 120 Beardsley | Long Beach Township | LBI | $1,725,000 |
New Active | NJOC408906 | 116 3rd St | Beach Haven | LBI | $2,499,999 |
New Active | NJOC408844 | 4703 S Long Beach | Long Beach Township | LBI | $3,275,000 |
New Active | NJOC408142 | 1105-C Long Beach Blvd | Long Beach Township | LBI | $3,999,000 |
Back to Active | NJOC405712 | 1086-A Long Beach #A | Long Beach Township | LBI | $1,795,000 |
Price Decrease | NJOC407920 | 12 Starboard | Long Beach Township | LBI | $825,000 |
Price Decrease | NJOC408218 | 1106 S Beach Ave | Beach Haven | LBI | $1,389,000 |
Price Decrease | NJOC405106 | 104 W 10th St | Ship Bottom | LBI | $1,549,000 |
Active Under Contract | NJOC408732 | 6507 Harvest Ave | Harvey Cedars | LBI | $1,025,000 |
Active Under Contract | NJOC407698 | 132 E 5th St | Beach Haven | LBI | $1,099,000 |
Active Under Contract | NJOC408082 | 19 W Dune | Long Beach Township | LBI | $1,350,000 |
Active Under Contract | NJOC397518 | 215 Centre St | Beach Haven | LBI | $1,459,500 |
Active Under Contract | NJOC406316 | 501 Dock Rd | Beach Haven | LBI | $1,850,000 |
Pending | NJOC137844 | 102 W Roosevelt Ave #C-23 | Long Beach Township | LBI | $29,500 |
Pending | NJOC407180 | 102 Roosevelt #BS37 | Long Beach Township | LBI | $32,500 |
Pending | NJOC408630 | 901 Ocean Ave #2 UNIT 905 | Ship Bottom | LBI | $699,000 |
Pending | NJOC393002 | 508 Central Ave | Ship Bottom | LBI | $699,900 |
Pending | NJOC393004 | 508 Central Ave | Ship Bottom | LBI | $699,900 |
Pending | NJOC404256 | 1402 Bayview Ave | Barnegat Light | LBI | $725,000 |
Pending | NJOC408458 | 1003 N Central Ave | Surf City | LBI | $775,000 |
Pending | NJOC403638 | 316 W 10th St | Ship Bottom | LBI | $915,000 |
Pending | NJOC407810 | 531 Engleside Ave | Beach Haven | LBI | $989,000 |
Pending | NJOC408344 | 111 Dune | Long Beach Township | LBI | $1,165,000 |
Pending | NJOC404694 | 602 N Atlantic Ave | Beach Haven | LBI | $1,199,000 |
Pending | NJOC404690 | 602 N Atlantic Ave | Beach Haven | LBI | $1,199,000 |
Pending | NJOC407724 | 328 Essex Ave | Beach Haven | LBI | $1,499,000 |
Pending | NJOC407628 | 5307 Long Beach | Long Beach Township | LBI | $2,150,000 |
Pending | NJOC408786 | 124 E Sand Dune | Long Beach Township | LBI | $2,400,000 |
Pending | NJOC408384 | 27 E Harmony | Long Beach Township | LBI | $2,950,000 |
Closed | NJOC406756 | 1709 N Long Beach Blvd | Surf City | LBI | $400,000 |
Closed | NJOC399670 | 101 W 9th St #203 | Ship Bottom | LBI | $608,000 |
Closed | NJOC406752 | 1709 N Long Beach Blvd | Surf City | LBI | $625,000 |
Closed | NJOC397154 | 510 N Bay Ave #207 | Beach Haven | LBI | $679,000 |
Closed | NJOC407154 | 102 W 18th | Long Beach Township | LBI | $729,000 |
Closed | NJOC403320 | 5300 West | Long Beach Township | LBI | $890,000 |
Closed | NJOC406300 | 7 W California Ave | Long Beach Township | LBI | $1,050,000 |
Closed | NJOC406216 | 1124-A Long Beach | Long Beach Township | LBI | $1,300,000 |
Closed | NJOC403914 | 107 E 27th St | Long Beach Township | LBI | $1,565,000 |
Closed | NJOC407478 | 15 S 2nd St | Surf City | LBI | $1,599,000 |
Closed | NJOC404140 | 112 N Ohio | Long Beach Township | LBI | $1,850,000 |
Closed | NJOC403700 | 128 E Ohio | Long Beach Township | LBI | $2,500,000 |
Temporary Off Market | NJOC408628 | 106 E 4th St | Ship Bottom | LBI | $1,499,000 |
Withdrawn | NJOC407554 | 132 E 5th St | Beach Haven | LBI | $1,099,000 |
Canceled | NJOC406750 | 1709 N Long Beach Blvd | Surf City | LBI | $1,045,000 |
Expired | NJOC404208 | 4302 Long Beach Blvd | Long Beach Township | LBI | $900,000 |
Expired | NJOC406460 | 11 E 13th | Long Beach Township | LBI | $999,000 |
Expired | NJOC404150 | 13 E 37th St | Long Beach Township | LBI | $1,245,000 |
Expired | NJOC405722 | 3901 Ocean | Long Beach Township | LBI | $1,899,000 |
LBI New Jersey Real Estate Sales Analysis
As I mentioned above, there were more new listings than pending sales for the second week in a row. This is a trend that we will have to follow very closely. The market is so starved of inventory, that an increase should be celebrated by buyers as it will help to improve their chances of finding a home in the Long Beach Island 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 4/11/2021-4/18/2021 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
