LBI Real Estate Weekly Sales Update 4-21-2024 to 4-28-2024
- High Tides Digital Marketing
- Apr 28, 2024
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 4-21-2024 to 4-28-2024
LBI Real Estate Weekly Sales Update 4-21-2024 to 4-28-2024: It was a busy week in the Long Beach Island New Jersey real estate market with 60 changes to the MLS! This marks one of the most active weeks we have seen in some time. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
16 new listings entered the market with an average price of $3,463,244
9 listings went under contract with an average listing price of about $1,794,667
9 properties sold on Long Beach Island with an average price of $2,263,159
17 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 4-21-2024 to 4-28-2024
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2025380 | 119 E South Carolina | Long Beach Township | LBI | Zip Code 08008 | $3,250,000 |
Coming Soon | NJOC2025470 | 206 E 20th Bch | Beach Haven | LBI | Zip Code 08008 | $4,295,000 |
New Active | NJOC2025392 | 110 E 23rd Street #8 | Ship Bottom | LBI | Zip Code 08008 | $875,000 |
New Active | NJOC2025220 | 1096-C Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $3,975,000 |
New Active | NJOC2025406 | 1220 Barnegat Ave | Ship Bottom | LBI | Zip Code 08008 | $1,795,000 |
New Active | NJOC2025368 | 18 E Coughlan (72nd St) Ave | Long Beach Township | LBI | Zip Code 08008 | $2,975,000 |
New Active | NJOC2025464 | 5313 Long Beach Blvd | Harvey Cedars | LBI | Zip Code 08008 | $1,699,999 |
New Active | NJOC2025458 | 1802 Bayview Ave | Barnegat Light | LBI | Zip Code 08008 | $1,575,000 |
New Active | NJOC2025298 | 1715 Bay Ter | Long Beach Township | LBI | Zip Code 08008 | $1,795,000 |
New Active | NJOC2025438 | 13 E Essex Ave | Harvey Cedars | LBI | Zip Code 08008 | $4,195,000 |
New Active | NJOC2025384 | 9 Alma | Long Beach Township | LBI | Zip Code 08008 | $3,339,900 |
New Active | NJOC2025412 | 1511 Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $1,149,000 |
New Active | NJOC2025136 | 9 W 38th St | Long Beach Township | LBI | Zip Code 08008 | $2,999,000 |
New Active | NJOC2025370 | 14 E 81st Street | Harvey Cedars | LBI | Zip Code 08008 | $3,999,000 |
New Active | NJOC2025352 | 301–401 Ninth | Beach Haven | LBI | Zip Code 08008 | $14,999,999 |
New Active | NJOC2025334 | 315 W 7th St | Ship Bottom | LBI | Zip Code 08008 | $2,495,000 |
Price Decrease | NJOC2023196 | 242 W 15th St #1 | Ship Bottom | LBI | Zip Code 08008 | $658,000 |
Price Decrease | NJOC2023214 | 242 W 15th #2 | Ship Bottom | LBI | Zip Code 08008 | $688,000 |
Price Decrease | NJOC2024882 | 242 W 15th St | Ship Bottom | LBI | Zip Code 08008 | $1,333,900 |
Price Decrease | NJOC2023740 | 15 N 15th St | Surf City | LBI | Zip Code 08008 | $2,799,000 |
Price Decrease | NJOC2024744 | 2116 N Long Beach Blvd | Surf City | LBI | Zip Code 08008 | $1,795,000 |
Price Decrease | NJOC2022602 | 9006 Long Beach Blvd #B | Long Beach Township | LBI | Zip Code 08008 | $924,900 |
Price Decrease | NJOC2024194 | 50 W 5 St #11 | Barnegat Light | LBI | Zip Code 08008 | $1,185,000 |
Price Decrease | NJOC2024014 | 3 W West 3rd St | Barnegat Light | LBI | Zip Code 08008 | $4,500,000 |
Price Decrease | NJOC2024094 | 24 W New Jersey Ave | Long Beach Township | LBI | Zip Code 08008 | $1,199,000 |
Price Decrease | NJOC2024294 | 2601 S Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $5,495,000 |
Price Decrease | NJOC2024748 | 8 E Maryland Ave | Long Beach Township | LBI | Zip Code 08008 | $1,000,000 |
Price Decrease | NJOC2024916 | 100 E Muriel | Long Beach Township | LBI | Zip Code 08008 | $1,849,000 |
Price Decrease | NJOC2024696 | 13209 N Beach | Long Beach Township | LBI | Zip Code 08008 | $1,199,000 |
Price Decrease | NJOC2024596 | 13209 N Beach | Long Beach Township | LBI | Zip Code 08008 | $1,199,000 |
Price Decrease | NJOC2017734 | 2 W Cleveland | Long Beach Township | LBI | Zip Code 08008 | $5,490,000 |
Price Decrease | NJOC2022430 | 6 34th | Long Beach Township | LBI | Zip Code 08008 | $1,019,000 |
Price Decrease | NJOC2023102 | 14 E 25th St | Long Beach Township | LBI | Zip Code 08008 | $2,599,000 |
Active Under Contract | NJOC2025140 | 1615 N Ocean Ave | Surf City | LBI | Zip Code 08008 | $3,170,000 |
Active Under Contract | NJOC2025046 | 119 E Lillie Ave | Long Beach Township | LBI | Zip Code 08008 | $2,895,000 |
Active Under Contract | NJOC2021578 | 2219 Central Ave #1 | Ship Bottom | LBI | Zip Code 08008 | $699,000 |
Pending | NJOC2024520 | 510 N Bay Ave #302 | Beach Haven | LBI | Zip Code 08008 | $998,000 |
Pending | NJOC2024658 | 102 W Ship Bottom Ave | Ship Bottom | LBI | Zip Code 08008 | $1,524,000 |
Pending | NJOC2024816 | 2408 Bayview Ave | Barnegat Light | LBI | Zip Code 08008 | $2,599,000 |
Pending | NJOC2023944 | 31 W 87th St | Long Beach Township | LBI | Zip Code 08008 | $1,299,000 |
Pending | NJOC2024842 | 24 E 21st St | Long Beach Township | LBI | Zip Code 08008 | $1,999,000 |
Pending | NJOC2024746 | 243 W 11th St | Ship Bottom | LBI | Zip Code 08008 | $969,000 |
Closed | NJOC2024122 | 7701 Long Beach Blvd | Harvey Cedars | LBI | Zip Code 08008 | $1,300,000 |
Closed | NJOC2023488 | 20 W Mermaid Ln | Long Beach Township | LBI | Zip Code 08008 | $1,100,000 |
Closed | NJOC2024958 | 17 Butler Rd | Long Beach Township | LBI | Zip Code 08008 | $1,364,000 |
Closed | NJOC2024578 | 35 W Mississippi Ave | Long Beach Township | LBI | Zip Code 08008 | $4,305,430 |
Closed | NJOC2024098 | 35 Lighthouse Way | Long Beach Township | LBI | Zip Code 08008 | $2,300,000 |
Closed | NJOC2023788 | 304 N 14th St | Surf City | LBI | Zip Code 08008 | $1,900,000 |
Closed | NJOC2019304 | 1608 Bayview Ave | Barnegat Light | LBI | Zip Code 08008 | $2,499,000 |
Closed | NJOC2019302 | 1606 Bayview Ave | Barnegat Light | LBI | Zip Code 08008 | $2,450,000 |
Closed | NJOC2023942 | 9 W 51st St | Long Beach Township | LBI | Zip Code 08008 | $3,150,000 |
Temporary Off Market | NJOC2025064 | 125 SE 34th St | Long Beach Township | LBI | Zip Code 08008 | $1,999,999 |
Withdrawn | NJOC2024174 | 1802 Bayview Ave | Barnegat Light | LBI | Zip Code 08008 | $1,599,000 |
Withdrawn | NJOC2025178 | 2512 Block 25 Lot 10.01 2512 1a #1A | Ship Bottom | LBI | Zip Code 08008 | $580,000 |
Withdrawn | NJOC2024826 | 24 E 21st St E | Long Beach Township | LBI | Zip Code 08008 | $1,999,000 |
Canceled | NJOC2024452 | 1511 Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $1,725,000 |
Expired | NJOC2022086 | 109-B Long Beach | Long Beach Township | LBI | Zip Code 08008 | $4,250,000 |
Expired | NJOC2022128 | 9 Windward Rd | Long Beach Township | LBI | Zip Code 08008 | $3,295,000 |
Expired | NJOC2021422 | 1013-A Long Beach | Long Beach Township | LBI | Zip Code 08008 | $1,839,000 |
LBI New Jersey Real Estate Sales Analysis
Some interesting trends were shown this week. The inventory of single-family homes dropped below 100, and as has been the case time and time again, the market reacted with a slowdown of pending sales. This allows the inventory of homes to creep up and, most likely, it will then be absorbed again. Give or take, the LBI real estate market has about 100 homes for sale, more and no less. Once the number moves outside of that range, things fall right back into balance. We did see an enormous number of price drops this week. This, too, is normal for this time of year as sellers look to close out a transaction before they miss the Spring sales market on Long Beach Island. This week, the MLS has 107 active listings and 48 pending sales. Please do not hesitate to contact me for more information about buying, selling, or investing in the Long Beach Island real estate market or about the LBI NJ Real Estate Weekly Sales Update 4-21-2024 to 4-28-2024.
By : Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
