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LBI Real Estate Weekly Sales Update 6/23/2019-7/1/2019

  • Writer: High Tides Digital Marketing
    High Tides Digital Marketing
  • Jul 3, 2019
  • 6 min read

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 6/23/2019-7/1/2019

LBI Real Estate Weekly Sales Update 6/23/2019-7/1/2019

Long Beach Island Real Estate

LBI Real Estate  Weekly Sales Update 6/23/2019-7/1/2019: There were a total of 113 changes to the Long Beach Island sales market this week making it a very busy week. That said there were a higher than average number of withdrawn and expired listings from the LBI real estate market.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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 22 new listings entered the market with an average price of $924,182

  • 10 listings went under contact with an average listing price of about $938,190

  • 12 properties sold on Long Beach Island with an average price of $1,189,083

  • 39 listings were either withdrawn of expired in the LBI real estate market



LBI Real Estate Weekly Sales Update 6/23/2019-7/1/2019

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the property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired).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

INOW

NEW

17

76th Street

Harvey Cedars

$148,500

1,152

2

CONDO

NEW

137

Maryland

Long Beach Twp

$324,999

450

5

CONDO

NEW

202

26th

Ship Bottom

$335,000

728

2

LND

NEW

1104

Central

Barnegat Light

$429,000

6,250

3

LND

NEW

4

Kimberly

Long Beach Twp

$429,900

5,001

3

SF

NEW

247

11th

Ship Bottom

$474,500

918

5

LND

NEW

24

Winifred

Long Beach Twp

$549,000

0

5

CONDO

NEW

363

8th

Ship Bottom

$560,000

1,226

5

SF

NEW

363

8th

Ship Bottom

$560,000

1,226

5

CONDO

NEW

212

Pelham

Beach Haven Borough

$599,000

864

6

SF

NEW

170

Long Beach

Long Beach Twp

$641,300

1,836

5

SF

NEW

1915

Bay

Beach Haven Borough

$699,000

1,320

4

SF

NEW

12303

Old Whaling

Long Beach Twp

$749,999

1,908

3

LND

NEW

416

Nelson

Beach Haven Borough

$799,000

0

0

SF

NEW

124

5th

Beach Haven Borough

$895,000

1,450

5

SF

NEW

4

Lee

Harvey Cedars

$998,900

1,470

14

SF

NEW

122

24th

Ship Bottom

$1,250,000

2,204

6

SF

NEW

307

Althea Drive

Long Beach Twp

$1,299,000

2,828

2

SF

NEW

325

Belvoir

Beach Haven Borough

$1,500,000

2,491

5

SF

NEW

8

Scott

Long Beach Twp

$1,599,900

3,374

2

SF

NEW

211

Iroquois

Beach Haven Borough

$2,495,000

3,175

1

SF

NEW

410

Jeffries

Beach Haven Borough

$2,995,000

4,403

2

CONDO

BOM

401

Broadway

Barnegat Light

$189,900

308

61

SF

BOM

105

16th

Ship Bottom

$1,100,000

2,435

182

CONDO

BOM

105

16th

Ship Bottom

$1,100,000

2,435

182

SF

BOM

312

14th

Surf City

$2,299,000

3,368

377

CONDO

DOWN

900

Beach

Beach Haven Borough

$332,500

800

31

COM

DOWN

534

Centre St

Beach Haven Borough

$359,000

0

388

MUL

DOWN

14

Joan

Long Beach Twp

$569,000

1,600

61

COM

DOWN

2216

Long Beach

Surf City

$610,000

1,288

210

SF

DOWN

2216

Long Beach

Surf City

$610,000

1,288

210

SF

DOWN

111

14th

Ship Bottom

$649,000

1,500

4

SF

DOWN

2106

Central

Surf City

$715,000

1,008

80

SF

DOWN

381

6th

Ship Bottom

$749,000

2,517

283

LND

DOWN

1010-E

Long Beach

Long Beach Twp

$770,000

0

746

CONDO

DOWN

1300

Beach

Long Beach Twp

$779,000

1,698

37

SF

DOWN

1504

Bayview

Barnegat Light

$889,000

2,248

91

SF

DOWN

5303

Long Beach

Long Beach Twp

$919,900

2,300

88

SF

DOWN

1601

Long Beach

Long Beach Twp

$964,900

2,360

21

SF

DOWN

346

15th

Ship Bottom

$974,000

2,775

136

SF

DOWN

1819

Barnegat

Ship Bottom

$979,000

2,000

255

LND

DOWN

275

27th

Ship Bottom

$989,000

2,100

101

SF

DOWN

275

27th

Ship Bottom

$989,000

2,100

139

SF

DOWN

249

Oceana Drive

Long Beach Twp

$1,225,000

2,377

174

SF

DOWN

21

Meade

Long Beach Twp

$1,399,000

3,200

74

SF

DOWN

1806

Bay

Long Beach Twp

$1,475,000

3,207

194

SF

DOWN

65 D

Long Beach

Long Beach Twp

$1,999,000

3,650

106

SF

DOWN

121

Indiana

Long Beach Twp

$3,495,000

5,495

91

COM

DOWN

2002

Long Beach

Ship Bottom

$3,695,000

9,000

313

CONDO

UP

500

Bay

Beach Haven Borough

$599,000

1,200

84

SF

UP

8

20th

Long Beach Twp

$1,295,000

3,478

97

SF

K

100

21st

Long Beach Twp

$879,000

3,360

166

CONDO

P

21

Pennsylvania

Long Beach Twp

$152,900

468

126

CONDO

P

109

Atlantic

Beach Haven Borough

$480,000

736

89

SF

P

20

80th

Harvey Cedars

$598,000

1,154

57

CONDO

P

500

Bay SE

Beach Haven Borough

$639,000

1,200

347

SF

P

128

29

Ship Bottom

$799,000

1,496

74

SF

P

225

Liberty

Beach Haven Borough

$897,000

1,152

43

SF

P

343

12th

Surf City

$1,199,000

2,450

104

SF

P

3008

Beach

Long Beach Twp

$1,789,000

2,600

43

SF

P

13

Buckingham

Harvey Cedars

$1,949,000

3,975

151

CONDO

W

202

26th St

Ship Bottom

$350,000

728

32

SF

W

247

11th

Ship Bottom

$474,500

918

115

MUL

W

19

19th

Long Beach Twp

$699,000

1,900

144

SF

W

1

Seabreeze

Long Beach Twp

$899,900

2,371

154

SF

W

6

8th

Barnegat Light

$974,999

1,350

115

MUL

W

21

3rd

Surf City

$979,000

1,632

178

SF

W

21

3rd

Surf City

$979,000

1,632

52

SF

W

10

79th

Harvey Cedars

$1,299,000

1,950

150

SF

W

316

5th

Ship Bottom

$1,299,000

3,135

59

CONDO

V

129

Pearl

Beach Haven Borough

$465,000

728

60

CONDO

V

11

Cox Ave

Harvey Cedars

$539,000

912

105

SF

V

1

California

Long Beach Twp

$795,000

1,800

133

MUL

V

346

2nd

Surf City

$799,900

1,992

135

SF

V

346

2nd

Surf City

$799,900

1,992

173

LND

V

400

Leeward

Beach Haven Borough

$1,495,000

27,466

542

SF

V

168

Long Beach

Long Beach Twp

$2,490,000

3,016

155

CONDO

C

900

Beach

Beach Haven Borough

$316,000

950

40

CONDO

C

4

Maryland

Long Beach Twp

$335,000

938

124

CONDO

C

7

Carolina

Long Beach Twp

$459,000

672

124

SF

C

8

W. 28th

Barnegat Light

$585,000

1,128

309

CONDO

C

101

9th

Ship Bottom

$629,000

1,308

282

SF

C

105

25th

Ship Bottom

$750,000

1,680

18

LND

C

13

10th

Surf City

$935,000

0

16

SF

C

2401

Central Avenue

Barnegat Light

$1,095,000

2,500

29

SF

C

6305E

Long Beach

Harvey Cedars

$1,165,000

2,300

34

SF

C

6807

Kent

Harvey Cedars

$2,050,000

3,840

118

SF

C

7409

Ocean

Long Beach Twp

$2,550,000

4,000

43

SF

C

4505

Long Beach

Long Beach Twp

$3,400,000

4,169

71

APT

L

217

10th

Surf City

$11,700

900

18

COM

X

6332

Long Beach

Harvey Cedars

$19,500

0

67

SF

X

3

9th

Barnegat Light

$549,000

1,008

186

LND

X

335

Pearl

Beach Haven Borough

$599,000

0

881

SF

X

108

19th

Long Beach Twp

$649,900

1,120

101

CONDO

X

108

19th

Long Beach Twp

$649,900

1,120

88

CONDO

X

901

Ocean Ave

Ship Bottom

$689,000

1,081

114

SF

X

11

13th

Long Beach Twp

$699,000

1,120

708

SF

X

1702

Central

Barnegat Light

$739,000

2,526

250

SF

X

23

N 2nd

Surf City

$749,000

1,530

157

SF

X

328

16th

Ship Bottom

$766,000

2,314

60

LND

X

416

Nelson

Beach Haven Borough

$799,000

0

145

SF

X

18

13th

Long Beach Twp

$899,000

2,490

159

SF

X

335

Pearl

Beach Haven Borough

$1,049,000

1,625

881

COM

X

120

Bay

Beach Haven Borough

$1,099,999

0

576

SF

X

18

Dupont

Long Beach Twp

$1,175,000

2,548

81

MUL

X

18

Dupont

Long Beach Twp

$1,175,000

2,548

81

SF

X

44

Alma

Long Beach Twp

$1,599,000

3,407

112

SF

X

103-B

Long Beach

Long Beach Twp

$1,699,000

3,200

174

SF

X

609

Atlantic

Beach Haven Borough

$1,699,000

1,894

100

SF

X

156

Marina

Long Beach Twp

$1,799,000

3,900

182

SF

X

2

Coast

Long Beach Twp

$1,825,000

2,500

212

COM

X

5416

Long Beach

Long Beach Twp

$2,500,000

0

419

SF

X

45-D

LONG BEACH

Long Beach Twp

$8,999,999

10,000

37



LBI New Jersey Real Estate Sales Analysis

There were fewer new listings and pending sales this week but the average price of both was more or less in line with the expected range for a home in the LBI real estate market. There were fewer closings this week compared to last as well. Expired and withdrawn listings saw a major jump from 24 last week to 39 this week. This seasonal change is to be expected as we are now in the busy summer season. 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 6/23/2019-7/1/2019 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


Click here to search all homes for sale in the Long Beach Island NJ real estate market



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