LBI Real Estate Weekly Sales Update 6/9/2019-6/16/2019
- High Tides Digital Marketing
- Jun 16, 2019
- 6 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 6/9/2019-6/16/2019
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 6/9/2019-6/16/2019: With 102 changes to the MLS on Long Beach Island this week things certainly were buys but unfortunately much of this activity was found in price reductions. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
27 new listings entered the market with an average price of $998,659
10 listings went under contact with an average listing price of about $948,100
8 properties sold on Long Beach Island with an average price of $898,437
19 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 6/9/2019-6/16/2019
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the property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired).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 |
SF | NEW | 231 | 16th | Ship Bottom | $450,000 | 1,122 | 8 |
CONDO | NEW | 7301 | Long Beach | Long Beach Twp | $519,000 | 1,296 | 6 |
CONDO | NEW | 310 | West | Beach Haven Borough | $525,000 | 900 | 6 |
MUL | NEW | 287 | Division | Surf City | $635,000 | 1,456 | 6 |
SF | NEW | 287 | Division | Surf City | $635,000 | 1,456 | 6 |
CONDO | NEW | 22 | Carolina | Long Beach Twp | $669,000 | 1,250 | 7 |
CONDO | NEW | 22 | Carolina | Long Beach Twp | $669,000 | 1,250 | 7 |
SF | NEW | 202 | 17th | Ship Bottom | $675,000 | 936 | 1 |
SF | NEW | 5 | West | Beach Haven Borough | $729,900 | 2,400 | 2 |
SF | NEW | 1510 | Barnegat | Ship Bottom | $749,000 | 1,952 | 2 |
SF | NEW | 1126-C | Long Beach Blvd | Long Beach Twp | $749,000 | 1,456 | 7 |
SF | NEW | 116 | 23rd | Long Beach Twp | $749,900 | 1,040 | 3 |
SF | NEW | 2015 | Waverly | Long Beach Twp | $799,000 | 1,720 | 5 |
LND | NEW | 3 | 69th | Harvey Cedars | $899,000 | 0 | 5 |
SF | NEW | 3 | 69th | Harvey Cedars | $899,000 | 1,200 | 5 |
SF | NEW | 113 | Delaware | Long Beach Twp | $975,000 | 1,452 | 1 |
SF | NEW | 1118-C | Long Beach Blvd | Long Beach Twp | $979,000 | 2,105 | 4 |
CONDO | NEW | 816 | Bay Club | Beach Haven Borough | $979,000 | 1,627 | 5 |
SF | NEW | 9805 | Beach | Long Beach Twp | $1,199,000 | 1,912 | 1 |
COM | NEW | 1419 | Long Beach Blvd | Surf City | $1,249,000 | 0 | 5 |
SF | NEW | 4406 | Gloucester | Long Beach Twp | $1,275,000 | 1,248 | 5 |
SF | NEW | 111 | 23rd | Ship Bottom | $1,299,000 | 2,426 | 4 |
SF | NEW | 212 | 7th | Surf City | $1,299,000 | 2,600 | 6 |
SF | NEW | 509 | Ocean | Surf City | $1,449,000 | 1,440 | 5 |
SF | NEW | 1126-D | Long Beach Blvd | Long Beach Twp | $1,495,000 | 4,408 | 7 |
SF | NEW | 1053B | Long Beach | Long Beach Twp | $1,865,000 | 4,364 | 4 |
SF | NEW | 3911 | Ocean | Long Beach Twp | $2,549,000 | 2,687 | 2 |
COM | BOM | 605 | Long Beach | Ship Bottom | $875,000 | 3,900 | 288 |
CONDO | DOWN | 21 | Pennsylvania | Long Beach Twp | $152,900 | 468 | 117 |
CONDO | DOWN | 207 | 23rd St Unit 12A | Ship Bottom | $369,000 | 750 | 40 |
SF | DOWN | 1212 | Central | Surf City | $395,000 | 0 | 72 |
CONDO | DOWN | 1212 | Central | Surf City | $395,000 | 576 | 72 |
CONDO | DOWN | 4 | Lillie | Long Beach Twp | $434,000 | 816 | 181 |
SF | DOWN | 247 | 11th | Ship Bottom | $474,500 | 918 | 105 |
SF | DOWN | 202 | 21st | Ship Bottom | $525,000 | 780 | 54 |
CONDO | DOWN | 500 | Bay | Beach Haven Borough | $569,000 | 1,200 | 69 |
SF | DOWN | 8 | 81st | Harvey Cedars | $574,900 | 1,020 | 125 |
SF | DOWN | 1107 | Barnegat | Surf City | $575,000 | 1,122 | 124 |
SF | DOWN | 2216 | Long Beach | Surf City | $630,000 | 1,288 | 195 |
COM | DOWN | 2216 | Long Beach | Surf City | $630,000 | 1,288 | 195 |
SF | DOWN | 343 | North 1st Street | Surf City | $649,000 | 3,584 | 338 |
MUL | DOWN | 3 | 6th | Barnegat Light | $649,000 | 1,936 | 124 |
SF | DOWN | 7 | Harmony | Long Beach Twp | $699,000 | 1,500 | 58 |
LND | DOWN | 1094 | Long Beach | Long Beach Twp | $718,500 | 1,344 | 55 |
SF | DOWN | 1094 | Long Beach | Long Beach Twp | $718,500 | 1,344 | 55 |
SF | DOWN | 209 | 12th | Beach Haven Borough | $729,000 | 1,065 | 51 |
SF | DOWN | 5 | Harrington | Long Beach Twp | $749,900 | 2,500 | 126 |
SF | DOWN | 13 | Jeanette | Long Beach Twp | $749,999 | 1,464 | 39 |
LND | DOWN | 416 | Nelson | Beach Haven Borough | $799,000 | 0 | 131 |
SF | DOWN | 1705 | Long Beach | Long Beach Twp | $849,000 | 2,000 | 126 |
SF | DOWN | 9201 | Beach | Long Beach Twp | $849,000 | 1,472 | 271 |
SF | DOWN | 115 | Osborn | Long Beach Twp | $879,000 | 2,805 | 50 |
SF | DOWN | 2905 | Long Beach | Long Beach Twp | $879,900 | 2,000 | 80 |
SF | DOWN | 1601 | Long Beach | Long Beach Twp | $989,900 | 2,360 | 6 |
SF | DOWN | 11502 | Beach | Long Beach Twp | $1,089,000 | 1,864 | 60 |
SF | DOWN | 16 | Dune | Long Beach Twp | $1,124,000 | 1,918 | 122 |
SF | DOWN | 384 | 5th | Surf City | $1,199,000 | 3,198 | 83 |
SF | DOWN | 6 | Gloucester | Harvey Cedars | $1,345,000 | 2,026 | 40 |
SF | DOWN | 62 | California | Long Beach Twp | $1,499,000 | 3,704 | 204 |
SF | DOWN | 70 | Butler | Long Beach Twp | $1,499,000 | 3,052 | 62 |
SF | DOWN | 156 | Marina | Long Beach Twp | $1,799,000 | 3,900 | 168 |
SF | DOWN | 1309 | Ocean | Surf City | $2,399,000 | 2,820 | 38 |
LND | DOWN | 153 E | Long Beach | Long Beach Twp | $3,500,000 | 0 | 38 |
CONDO | K | 4 | Maryland | Long Beach Twp | $349,999 | 938 | 114 |
SF | K | 339 | West 14TH ST | Ship Bottom | $649,000 | 1,365 | 26 |
SF | K | 3008 | Beach | Long Beach Twp | $1,789,000 | 2,600 | 31 |
SF | P | 20 | 10th | Barnegat Light | $577,000 | 1,788 | 47 |
CONDO | P | 1001 | Ocean | Ship Bottom | $589,000 | 1,087 | 77 |
SF | P | 302 | 18th | Ship Bottom | $629,000 | 1,580 | 31 |
SF | P | 4904 | Long Beach | Long Beach Twp | $949,000 | 2,100 | 103 |
SF | P | 12 | Idaho | Long Beach Twp | $999,000 | 2,200 | 255 |
SF | P | 6 | Roosevelt | Long Beach Twp | $1,100,000 | 2,040 | 4 |
SF | P | 103 | 19th | Long Beach Twp | $1,850,000 | 2,945 | 42 |
SF | W | 5406 | Long Beach | Harvey Cedars | $605,000 | 1,228 | 225 |
CONDO | W | 5 | West | Beach Haven Borough | $749,900 | 2,400 | 12 |
SF | W | 294 | 2nd | Surf City | $759,000 | 1,960 | 64 |
SF | W | 5 | 44th | Long Beach Twp | $929,000 | 2,076 | 230 |
SF | W | 1601 | Long Beach Blvd. | Long Beach Twp | $989,900 | 2,360 | 95 |
CONDO | W | 1601 | Long Beach | Long Beach Twp | $989,900 | 2,360 | 131 |
SF | W | 4 | Magnolia | Long Beach Twp | $1,349,000 | 3,111 | 91 |
SF | V | 15 | 13th | Barnegat Light | $604,500 | 1,125 | 35 |
CONDO | C | Unit 6 700 | Broadway | Barnegat Light | $275,000 | 915 | 124 |
SF | C | 2503 | Central | Barnegat Light | $577,500 | 1,408 | 226 |
SF | C | 125 | 6th | Beach Haven Borough | $675,000 | 1,536 | 235 |
MUL | C | 4 | 27th | Barnegat Light | $870,000 | 2,016 | 272 |
SF | C | 113 | 4th | Beach Haven Borough | $965,000 | 1,584 | 197 |
SF | C | 29 | South 1st Street | Surf City | $999,999 | 2,000 | 78 |
SF | C | 87 | Bayview | Long Beach Twp | $1,150,000 | 1 | 47 |
SF | C | 27 | Judith | Long Beach Twp | $1,675,000 | 3,347 | 57 |
APT | L | 16 | Harrington | Long Beach Twp | $11,700 | 12 | 34 |
SF | L | 16 | Harrington Ave | Long Beach Twp | $11,700 | 1,200 | 8 |
MUL | X | 15 | Mea | Long Beach Twp | $535,000 | 1,500 | 137 |
SF | X | 15 | Mea | Long Beach Twp | $535,000 | 1,500 | 137 |
SF | X | 202 | 17th | Ship Bottom | $700,000 | 936 | 149 |
SF | X | 202 | 17th | Ship Bottom | $720,000 | 936 | 27 |
CONDO | X | 16 | 2nd | Beach Haven Borough | $775,000 | 750 | 120 |
SF | X | 16 | 2nd | Beach Haven Borough | $775,000 | 750 | 120 |
SF | X | 222 | Pearl | Beach Haven Borough | $1,269,000 | 2,500 | 163 |
SF | X | 103 | 15th | Ship Bottom | $1,395,000 | 3,270 | 94 |
SF | X | 2302 | Bayview | Barnegat Light | $1,499,000 | 2,428 | 84 |
SF | X | 61-D | Sunset | Long Beach Twp | $1,899,000 | 3,107 | 243 |
SF | X | 26 | Hideaway | Long Beach Twp | $2,395,000 | 4,100 | 506 |
LBI New Jersey Real Estate Sales Analysis
While overall activity was strong, there were 35 price reductions this week. New listings, pending sale and closed transactions were all lower this week compared to last. While this ended up not being a strong week for the LBI real estate market, overall the market is still performing very well. 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 6/9/2019-6/16/2019 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
