LBI Real Estate Weekly Sales Update 7/10/2022-7/17/2022
- High Tides Digital Marketing
- Jul 17, 2022
- 3 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 7/10/2022-7/17/2022
LBI Real Estate Weekly Sales Update 7/10/2022-7/17/2022: It was a relatively slow week for overall activity in the LBI real estate market with only 37 changes to the market, but the inventory of homes for sale improved! This is welcomed news for buyers, especially since the last few weeks saw a reduction in the number of homes for sale on Long Beach Island NJ. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
15 new listings entered the market with an average price of $1,781,993
10 listings went under contract with an average listing price of about $1,736,500
4 properties sold on Long Beach Island with an average price of $1,644,975
3 listings saw price reductions in the LBI real estate market
LBI Real Estate Weekly Sales Update 7/10/2022-7/17/2022
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Current Price – Decimal |
Coming Soon | NJOC2011770 | 17 Division Ave | Surf City | $1,375,000 |
Coming Soon | NJOC2011244 | 48 Long Beach Blvd #A | Long Beach Township | $1,999,000 |
Coming Soon | NJOC2011736 | 343 N 3rd St | Surf City | $2,380,000 |
Coming Soon | NJOC2011608 | 40 N 7th Street | Surf City | $2,850,000 |
New Active | NJOC2011612 | 325 9th St | Beach Haven | $125,000 |
New Active | NJOC2011600 | 601 N Delaware Ave #15 | Beach Haven | $675,000 |
New Active | NJOC2011686 | 8511 Long Beach | Long Beach Township | $1,299,000 |
New Active | NJOC2011620 | 40 W 4th St #9 | Barnegat Light | $1,495,000 |
New Active | NJOC2011688 | 11 W Harrington Ave | Long Beach Township | $1,849,000 |
New Active | NJOC2011658 | 1915 Long Beach Blvd | Ship Bottom | $1,995,000 |
New Active | NJOC2011654 | 102 N 2nd Street | Surf City | $1,999,000 |
New Active | NJOC2011636 | 10 E Delaware Ave | Long Beach Township | $1,999,900 |
New Active | NJOC2011616 | 15 W Roosevelt Ave | Long Beach Township | $2,095,000 |
New Active | NJOC2011634 | 170-I Sea Pine Drive | Long Beach Township | $2,195,000 |
New Active | NJOC2011644 | 12 E Delaware Ave | Long Beach Township | $2,399,000 |
Price Decrease | NJOC2009974 | 1102 Barnegat Ave | Ship Bottom | $1,499,000 |
Price Decrease | NJOC2010166 | 1102-A Long Beach Blvd | Long Beach Township | $1,549,000 |
Price Decrease | NJOC2009024 | 45 N 15th St | Surf City | $1,689,000 |
Active Under Contract | NJOC2011024 | 7403 Long Beach Blvd | Harvey Cedars | $999,000 |
Active Under Contract | NJOC2010854 | 7403 Long Beach Blvd | Harvey Cedars | $999,000 |
Active Under Contract | NJOC2008762 | 4 Marine Ln | Long Beach Township | $2,650,000 |
Pending | NJOC2010794 | 7805 Bayview | Long Beach Township | $975,000 |
Pending | NJOC2011260 | 9 W 14th St | Barnegat Light | $995,000 |
Pending | NJOC2010950 | 2310 N Beach Ave | Long Beach Township | $1,299,000 |
Pending | NJOC2010460 | 14 W Carolina | Long Beach Township | $1,599,000 |
Pending | NJOC2011358 | 18 N 7th St | Surf City | $1,999,000 |
Pending | NJOC2004212 | 6 Surf Ave | Long Beach Township | $2,350,000 |
Pending | NJOC2009888 | 1126-C Long Beach | Long Beach Township | $3,499,999 |
Closed | NJOC2010038 | 105 E Ship Bottom Ave | Ship Bottom | $480,000 |
Closed | NJOC2009514 | 369 W 8th St #4 | Ship Bottom | $900,000 |
Closed | NJOC2009900 | 5 W Essex Ave | Harvey Cedars | $2,450,000 |
Closed | NJOC2010594 | 4 Kimberly Ave W | Long Beach Township | $2,749,900 |
Withdrawn | NJOC2010368 | 7701 Long Beach Blvd | Harvey Cedars | $1,550,000 |
Withdrawn | NJOC2010362 | 7701 Long Beach Blvd | Harvey Cedars | $1,550,000 |
Canceled | NJOC2011656 | 1915 Long Beach Blvd | Ship Bottom | $1,995,000 |
Expired | NJOC2006306 | 1094-A Long Beach | Long Beach Township | $1,500,000 |
Expired | NJOC2006242 | 7 S Central Ave | Surf City | $1,999,000 |
LBI New Jersey Real Estate Sales Analysis
We look to be in a balanced or balancing market. Week by week we see a steady ebb and flow of new homes and pending sales, which is a good sign of a healthy market. There are 120 active single-fmaily home listings in the MLS this week and 79 pending sales. 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 7/10/2022-7/17/2022 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
