LBI Real Estate Weekly Sales Update 4/21/2021-4/28/2021
- High Tides Digital Marketing
- Apr 2, 2021
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 4/21/2021-4/28/2021
LBI Real Estate Weekly Sales Update 4/21/2021-4/28/2021: There were a total 62 changes to the Long Beach Island real estate market this week. Overall activity in the LBI real estate market has slowed down due to the low inventory levels of homes for sale on Long Beach Island. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors in the age of COVID-19, 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
11 new listings entered the market with an average price of $1,309,036
23 listings went under contract with an average listing price of about $1,419,956
16 properties sold on Long Beach Island with an average price of $1,153,121
9 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 4/21/2021-4/28/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC408260 | 7-B Sunset Blvd | Long Beach Township | LBI | $1,149,000 |
New Active | NJOC408208 | 102 Roosevelt #BS13 | Long Beach Township | LBI | $29,500 |
New Active | NJOC408248 | 20 E Amber St #E5 | Beach Haven | LBI | $445,900 |
New Active | NJOC408262 | 4 W Harding Ave | Long Beach Township | LBI | $879,000 |
New Active | NJOC408086 | 1018-B Long Beach Blvd #B | Long Beach Township | LBI | $1,099,000 |
New Active | NJOC408344 | 111 Dune | Long Beach Township | LBI | $1,165,000 |
New Active | NJOC407504 | 283 W 14th St | Ship Bottom | LBI | $1,450,000 |
New Active | NJOC408218 | 1106 S Beach Ave | Beach Haven | LBI | $1,489,000 |
New Active | NJOC408292 | 2 32 St SE | Long Beach Township | LBI | $1,899,000 |
New Active | NJOC408210 | 119 Dolphin Ave | Beach Haven | LBI | $1,999,000 |
New Active | NJOC408284 | 13 Auburn | Long Beach Township | LBI | $2,795,000 |
Back to Active | NJOC403456 | 137 E Maryland Ave E #4 | Long Beach Township | LBI | $499,000 |
Price Decrease | NJOC406560 | 2421 Long Beach Blvd., Unit C #C | Ship Bottom | LBI | $999,000 |
Price Decrease | NJOC407724 | 328 Essex Ave | Beach Haven | LBI | $1,599,000 |
Active Under Contract | NJOC408014 | 281 N 16th St | Surf City | LBI | $849,900 |
Active Under Contract | NJOC407506 | 10 E 79th St | Harvey Cedars | LBI | $1,595,000 |
Active Under Contract | NJOC407578 | 14 E Selfridge | Long Beach Township | LBI | $2,499,900 |
Active Under Contract | NJOC407030 | 205 Nautilus Dr | Long Beach Township | LBI | $3,495,000 |
Pending | NJOC405506 | 35 Sunset Blvd #G3 | Long Beach Township | LBI | $49,900 |
Pending | NJOC407880 | 4 E 79th Street Share #2 | Harvey Cedars | LBI | $75,000 |
Pending | NJOC401348 | 1000 N Bay Ave #3M | Beach Haven | LBI | $429,000 |
Pending | NJOC393004 | 508 Central Ave | Ship Bottom | LBI | $699,900 |
Pending | NJOC393002 | 508 Central Ave | Ship Bottom | LBI | $699,900 |
Pending | NJOC407818 | 223 N 2nd St | Surf City | LBI | $700,000 |
Pending | NJOC407154 | 102 W 18th | Long Beach Township | LBI | $729,000 |
Pending | NJOC2000066 | 4300-F Long Beach | Long Beach Township | LBI | $899,499 |
Pending | NJOC407112 | 16 E Nevada | Long Beach Township | LBI | $925,000 |
Pending | NJOC403590 | 32 W South 32nd #C6 | Long Beach Township | LBI | $950,000 |
Pending | NJOC408166 | 25 E 49th St | Long Beach Township | LBI | $1,100,000 |
Pending | NJOC408320 | 807 S Beach Ave | Beach Haven | LBI | $1,329,000 |
Pending | NJOC407220 | 14 31st | Long Beach Township | LBI | $1,595,000 |
Pending | NJOC407832 | 28 W Harding Ave | Long Beach Township | LBI | $1,595,000 |
Pending | NJOC407366 | 1-D Sunset Blvd | Long Beach Township | LBI | $1,695,000 |
Pending | NJOC405484 | 20 W Lillie Ave | Long Beach Township | LBI | $1,899,000 |
Pending | NJOC408132 | 121 E Alabama Ave | Long Beach Township | LBI | $2,499,000 |
Pending | NJOC405104 | 415 Jefferies Ave | Beach Haven | LBI | $2,800,000 |
Pending | NJOC407334 | 191 Nautilus Dr | Long Beach Township | LBI | $3,550,000 |
Closed | NJOC407212 | 17 E 76th Unit 7 St | Harvey Cedars | LBI | $140,000 |
Closed | NJOC406000 | 2307 N Long Beach Blvd | Surf City | LBI | $640,000 |
Closed | NJOC404102 | 312 N 3rd St | Surf City | LBI | $725,000 |
Closed | NJOC408258 | 7 E 8th St | Barnegat Light | LBI | $750,000 |
Closed | NJOC406580 | 16 W 6th St | Barnegat Light | LBI | $895,000 |
Closed | NJOC407022 | 142 W Maryland Ave | Long Beach Township | LBI | $950,000 |
Closed | NJOC406484 | 507-505 S Bay Ave | Beach Haven | LBI | $975,000 |
Closed | NJOC405020 | 244 W 7th St | Ship Bottom | LBI | $1,122,600 |
Closed | NJOC404760 | 209 W 28th St | Ship Bottom | LBI | $1,150,000 |
Closed | NJOC404528 | 209 W 28th St | Ship Bottom | LBI | $1,150,000 |
Closed | NJOC404526 | 209 W 28th St | Ship Bottom | LBI | $1,150,000 |
Closed | NJOC399238 | 4205 S Long Beach Blvd | Long Beach Township | LBI | $1,235,000 |
Closed | NJOC405326 | 1101 S Bay Ave | Beach Haven | LBI | $1,325,000 |
Closed | NJOC406076 | 10 E Selfridge Ave | Long Beach Township | LBI | $1,695,000 |
Closed | NJOC406318 | 216 Jefferis Ave | Beach Haven | LBI | $1,748,330 |
Closed | NJOC405074 | 260 Pompano Dr | Long Beach Township | LBI | $2,799,000 |
Temporary Off Market | NJOC407882 | 10 E 79th St | Harvey Cedars | LBI | $2,550,000 |
Withdrawn | NJOC403128 | 20 Amber St #E5 | Beach Haven | LBI | $439,000 |
Withdrawn | NJOC405842 | 8 W 85th | Long Beach Township | LBI | $1,499,000 |
Canceled | NJOC406670 | 2421 Long Beach Blvd. #A | Ship Bottom | LBI | $399,000 |
Canceled | NJOC406668 | 2421 Long Beach Blvd. #B | Ship Bottom | LBI | $399,000 |
Canceled | NJOC405466 | 2421 Long Beach Blvd. | Ship Bottom | LBI | $1,799,000 |
Expired | NJOC404218 | 429-431 Engleside Ave | Beach Haven | LBI | $959,000 |
Expired | NJOC403682 | 429-431 Engleside Ave | Beach Haven | LBI | $959,000 |
Expired | NJOC403418 | 16 E 85th St | Harvey Cedars | LBI | $2,995,000 |
LBI New Jersey Real Estate Sales Analysis
The shocking lack of homes for sale on Long Beach Island is really becoming a problem for buyers. We simply need more inventory in the LBI real estate market. This week, there were only 11 new listings and 23 pending sales. Twice as many homes left the market as entered. As long as this trend is the norm, we will see fierce competition and, most likely, rising prices. 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 4/21/2021-4/28/2021 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
