LBI Real Estate Weekly Sales Update 4/28/2019-5/5/2019
- High Tides Digital Marketing
- May 7, 2019
- 7 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 4/28/2019-5/5/2019
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 4/28/2019-5/5/2019: The LBI real estate market had a busy week with a total of 124 changes to the MLS. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
22 new listings entered the market with an average price of $1,056,482
18 listings went under contact with an average listing price of about $944,778
16 properties sold on Long Beach Island with an average price of $1,128,875
33 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 4/28/2019-5/5/2019
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the property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired).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 |
DCKMN | NEW | 102 | Roosevelt | Long Beach Twp | $30,000 | 0 | 5 |
CONDO | NEW | 207 | 23rd St C | Ship Bottom | $389,000 | 700 | 0 |
CONDO | NEW | 129 | Pearl | Beach Haven Borough | $465,000 | 728 | 5 |
SF | NEW | 1305 | Central | Ship Bottom | $499,900 | 924 | 3 |
LND | NEW | 17 | Pershing | Long Beach Twp | $550,000 | 0 | 5 |
SF | NEW | 1 | 75th | Harvey Cedars | $574,900 | 1,200 | 1 |
CONDO | NEW | 102 | Roosevelt | Long Beach Twp | $579,000 | 1,437 | 1 |
MUL | NEW | 14 | Joan | Long Beach Twp | $599,000 | 1,600 | 6 |
SF | NEW | 112 | Ship Bottom | Ship Bottom | $679,999 | 1,150 | 7 |
COM | NEW | 510 | Dock | Beach Haven Borough | $699,000 | 0 | 6 |
SF | NEW | 228 | 17th | Surf City | $759,000 | 1,152 | 15 |
SF | NEW | 168 D | Long Beach | Long Beach Twp | $879,900 | 1,928 | 6 |
SF | NEW | 2 | 82nd | Harvey Cedars | $899,000 | 1,799 | 4 |
LND | NEW | 20 | Lange | Harvey Cedars | $899,000 | 0 | 4 |
SF | NEW | 20 | Lange | Harvey Cedars | $899,000 | 1,822 | 4 |
SF | NEW | 28 | North Carolina | Long Beach Twp | $1,199,000 | 3,763 | 0 |
SF | NEW | 4 | East 72nd Street | Harvey Cedars | $1,249,000 | 2,160 | 7 |
SF | NEW | 1016D | Long Beach | Long Beach Twp | $1,349,000 | 3,100 | 5 |
SF | NEW | 425 | Fifth | Beach Haven Borough | $1,699,000 | 1,932 | 6 |
SF | NEW | 103 | 19th | Long Beach Twp | $1,850,000 | 2,945 | 4 |
SF | NEW | 6301 | Bayview | Long Beach Twp | $2,995,000 | 5,717 | 17 |
SF | NEW | 1089 B | Long Beach | Long Beach Twp | $3,499,900 | 4,194 | 8 |
SF | BOM | 6208 | Long Beach Blvd. | Long Beach Twp | $575,000 | 1,400 | 63 |
SF | BOM | 1709 | Sunset | Surf City | $589,000 | 1,440 | 7 |
MUL | BOM | 321 | 14th | Ship Bottom | $599,000 | 1,750 | 382 |
COM | BOM | 330 | Coral | Beach Haven Borough | $874,000 | 0 | 187 |
APT | BOM | 330 | Coral | Beach Haven Borough | $874,900 | 1,200 | 183 |
SF | BOM | 3 | 16th | Barnegat Light | $890,000 | 0 | 272 |
SF | BOM | 225 | 13th | Ship Bottom | $1,099,990 | 2,530 | 112 |
SF | BOM | 222 | Pearl | Beach Haven Borough | $1,269,000 | 2,500 | 124 |
CONDO | DOWN | 21 | Pennsylvania | Long Beach Twp | $164,900 | 468 | 77 |
CONDO | DOWN | 5515 | Long Beach | Long Beach Twp | $294,900 | 336 | 186 |
SF | DOWN | 247 | 11th | Ship Bottom | $495,000 | 918 | 65 |
SF | DOWN | 216 | 11th | Surf City | $549,000 | 1,322 | 66 |
CONDO | DOWN | 500 | Bay | Beach Haven Borough | $579,000 | 1,200 | 29 |
SF | DOWN | 7 E | 16th | Barnegat Light | $599,000 | 816 | 93 |
SF | DOWN | 10 | 15th | Long Beach Twp | $639,900 | 816 | 122 |
SF | DOWN | 201 | 15th | Ship Bottom | $670,000 | 1,638 | 24 |
SF | DOWN | 13 | Harmony | Long Beach Twp | $724,000 | 2,223 | 67 |
SF | DOWN | 272 | 10th | Surf City | $724,900 | 0 | 371 |
MUL | DOWN | 104 | Osborn | Long Beach Twp | $725,000 | 1,584 | 89 |
MUL | DOWN | 38 | 13th | Surf City | $745,000 | 1,000 | 32 |
SF | DOWN | 23 | N 2nd | Surf City | $749,000 | 1,530 | 102 |
SF | DOWN | 2 | Lagoon | Long Beach Twp | $759,000 | 850 | 36 |
SF | DOWN | 403 | 8th | Beach Haven Borough | $765,000 | 1,493 | 78 |
SF | DOWN | 11 | Lillie | Long Beach Twp | $839,900 | 1,729 | 60 |
SF | DOWN | 281 | 12th | Ship Bottom | $839,900 | 2,302 | 42 |
SF | DOWN | 1819 | Barnegat | Ship Bottom | $989,900 | 2,000 | 200 |
SF | DOWN | 11 | 23rd | Barnegat Light | $995,000 | 1,581 | 110 |
SF | DOWN | 14 | Antioch Road | Long Beach Twp | $997,500 | 1,898 | 198 |
SF | DOWN | 10 | Drexel | Surf City | $1,249,000 | 2,300 | 204 |
SF | DOWN | 6 | Drexel | Surf City | $1,249,000 | 2,300 | 278 |
SF | DOWN | 122 | East 24 | Ship Bottom | $1,299,900 | 2,052 | 108 |
SF | DOWN | 6403A | Long Beach Blvd W/Pool | Harvey Cedars | $1,699,000 | 2,500 | 516 |
SF | DOWN | 12211 | Ocean | Long Beach Twp | $3,295,000 | 3,200 | 84 |
SF | DOWN | 121 | Indiana | Long Beach Twp | $3,595,000 | 5,495 | 36 |
SF | UP | 810 | West | Beach Haven Borough | $9,000 | 2,200 | 28 |
SF | K | 1000 | Atlantic | Beach Haven Borough | $2,395,000 | 3,000 | 71 |
CONDO | P | 21 | Pennsylvania | Long Beach Twp | $214,500 | 490 | 168 |
CONDO | P | 20 | West 21st Street Unit 2 | Long Beach Twp | $410,000 | 875 | 64 |
CONDO | P | 1000 | Bay | Beach Haven Borough | $435,000 | 652 | 26 |
SF | P | 229 | 2nd | Surf City | $525,000 | 1,004 | 6 |
SF | P | 5116 | Long Beach | Long Beach Twp | $619,000 | 1,536 | 34 |
COM | P | 101 | 27th | Ship Bottom | $649,000 | 0 | 148 |
SF | P | 2712 | Atlantic | Long Beach Twp | $829,000 | 1,646 | 8 |
MUL | P | 2712 | Atlantic | Long Beach Twp | $829,000 | 1,646 | 8 |
SF | P | 210 | Marine | Beach Haven Borough | $839,000 | 1,792 | 30 |
SF | P | 2113 | Bay | Beach Haven Borough | $995,000 | 2,000 | 224 |
SF | P | 187 | Nautilus | Long Beach Twp | $1,050,000 | 1,750 | 108 |
SF | P | 29 | South 1st Street | Surf City | $1,175,000 | 2,000 | 78 |
MUL | P | 8 | East Essex Avenue | Harvey Cedars | $1,175,000 | 2,496 | 134 |
SF | P | 12 | sailboat lane (89th) | Long Beach Twp | $1,197,500 | 2,113 | 179 |
SF | P | 160 | Marina | Long Beach Twp | $1,199,000 | 2,308 | 51 |
LND | P | 50 | California | Long Beach Twp | $1,235,000 | 0 | 171 |
SF | P | 50 | California | Long Beach Twp | $1,235,000 | 0 | 171 |
COM | W | 1905 | Bayview | Barnegat Light | $449,000 | 0 | 199 |
COM | W | 2106 | Long Beach Blvd. | Surf City | $598,000 | 2,500 | 213 |
APT | W | 2106 | Long Beach Blvd. | Surf City | $598,000 | 1,250 | 213 |
SF | W | 112 | Ship Bottom | Ship Bottom | $679,999 | 1,150 | 74 |
SF | W | 8 | East Essex Avenue | Harvey Cedars | $1,175,000 | 2,496 | 135 |
SF | V | 228 | 17th | Surf City | $759,000 | 1,152 | 8 |
SF | V | 37 | South 34th Street | Long Beach Twp | $895,000 | 2,200 | 167 |
SF | C | 254 | 4th | Surf City | $510,000 | 1,368 | 151 |
SF | C | 369 | 8th | Ship Bottom | $535,000 | 1,226 | 13 |
MUL | C | 4300 | Long Beach | Long Beach Twp | $551,500 | 0 | 28 |
MUL | C | 343 | 11th | Surf City | $699,000 | 1,872 | 26 |
SF | C | 29 | Culver | Long Beach Twp | $720,000 | 1,320 | 87 |
SF | C | 11 | Louisiana | Long Beach Twp | $730,000 | 1,144 | 176 |
SF | C | 4 | Joseph | Long Beach Twp | $765,000 | 1,580 | 16 |
SF | C | 317 | 12th | Surf City | $877,500 | 1,854 | 9 |
SF | C | 40 | Jeanette | Long Beach Twp | $999,000 | 2,276 | 185 |
SF | C | 110 | Amber | Beach Haven Borough | $1,130,000 | 3,181 | 42 |
SF | C | 223 | 5th | Surf City | $1,265,000 | 2,500 | 8 |
SF | C | 209 | 20th | Long Beach Twp | $1,425,000 | 1,314 | 148 |
SF | C | 12 | Virginia Ave | Long Beach Twp | $1,575,000 | 2,700 | 177 |
SF | C | 209 | South 33rd | Long Beach Twp | $1,580,000 | 2,039 | 10 |
SF | C | 149 B | Long Beach | Long Beach Twp | $1,850,000 | 4,200 | 174 |
SF | C | 1073-C | Long Beach Blvd | Long Beach Twp | $2,850,000 | 3,200 | 232 |
SF | X | 424 | Dock | Beach Haven Borough | $425,000 | 1,188 | 100 |
LND | X | 424 | Dock | Beach Haven Borough | $425,000 | 0 | 100 |
LND | X | 1709 – 9 | Long Beach | Surf City | $449,900 | 0 | 184 |
LND | X | 1709 – 10 | Long Beach | Surf City | $449,900 | 0 | 185 |
X | 1709 | Long Beach | Surf City | $449,900 | 0 | 113 | |
SF | X | 26 | Jacqueline | Long Beach Twp | $459,900 | 392 | 88 |
MUL | X | 14 | Joan | Long Beach Twp | $599,000 | 1,600 | 158 |
SF | X | 14 | Joan | Long Beach Twp | $599,000 | 1,600 | 158 |
CONDO | X | 500 | Bay | Beach Haven Borough | $669,000 | 1,200 | 152 |
MUL | X | 2 | Oceanview | Long Beach Twp | $675,000 | 1,300 | 81 |
SF | X | 1 | Cox | Harvey Cedars | $679,000 | 1,500 | 259 |
LND | X | 2201 | Long Beach | Long Beach Twp | $699,000 | 0 | 181 |
COM | X | 2201 | Long Beach | Long Beach Twp | $699,000 | 0 | 181 |
SF | X | 5 | Mac Evoy | Long Beach Twp | $719,999 | 1,752 | 211 |
COM | X | 615 | Bay | Beach Haven Borough | $799,999 | 0 | 181 |
MUL | X | 615 | Bay | Beach Haven Borough | $799,999 | 965 | 181 |
SF | X | 9319 | Mark | Long Beach Twp | $839,000 | 1,400 | 100 |
COM | X | 1709 | Long Beach | Surf City | $869,900 | 82 | |
SF | X | 20 | Lange | Harvey Cedars | $899,000 | 1,822 | 274 |
LND | X | 20 | Lange | Harvey Cedars | $899,000 | 0 | 274 |
COM | X | 2601 | Central | Ship Bottom | $950,000 | 0 | 187 |
SF | X | 150 | Long Beach | Long Beach Twp | $999,000 | 912 | 181 |
SF | X | 4 | East 72nd Street | Harvey Cedars | $1,249,000 | 2,160 | 175 |
SF | X | 1046 B | Long Beach Blvd. | Long Beach Twp | $1,280,000 | 2,556 | 224 |
SF | X | 463 | Schoderer | Surf City | $1,699,000 | 2,753 | 209 |
SF | X | 425 | Fifth | Beach Haven Borough | $1,699,000 | 1,932 | 137 |
LBI New Jersey Real Estate Sales Analysis
Overall market activity was about the same as last week surprisingly. Even though there were more changes to the MLS, the "core" data points of sold listings, new listings and pending listings were about the same. The average price of a pending sale was up compared to last week and the average new listing and closed listing was down a little. Overall Spring has been strong in the LBI real estate market and this week shows no change at the moment. 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 4/28/2019-5/5/2019 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
