LBI Real Estate Weekly Sales Update 7/18/2021-7/21/2021
- High Tides Digital Marketing
- Jul 26, 2021
- 4 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 7/18/2021-7/21/2021
LBI Real Estate Weekly Sales Update 7/18/2021-7/21/2021: There were 57 changes to the Long Beach Island real estate market this week. The welcomed trend of more new inventory coming on the market than pending sales continues! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
20 new listings entered the market with an average price of $1,627,295
16 listings went under contract with an average listing price of about $1,829,994
6 properties sold on Long Beach Island with an average price of $2,173,500
7 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 7/18/2021-7/21/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | Current Price – Decimal |
Coming Soon | NJOC2001148 | 6 Auburn | Long Beach Township | LBI | $949,000 |
Coming Soon | NJOC2001262 | 328 N 13th St | Surf City | LBI | $1,499,000 |
Coming Soon | NJOC2001388 | 13510 Atlantic Ave | Long Beach Township | LBI | $2,195,000 |
New Active | NJOC2001382 | Harvey Cedars | LBI | $119,900 | |
New Active | NJOC2001142 | 133 W New Jersey | Long Beach Township | LBI | $800,000 |
New Active | NJOC2001406 | 204 Engleside Ave #C | Beach Haven | LBI | $899,000 |
New Active | NJOC2001404 | 204 Engleside Ave #A | Beach Haven | LBI | $949,000 |
New Active | NJOC2001198 | 326 N 4th St | Surf City | LBI | $999,000 |
New Active | NJOC2001274 | 1201 S Bay Ave | Beach Haven | LBI | $1,050,000 |
New Active | NJOC2001178 | 2020 Long Beach Blvd #2-B (NE) | Ship Bottom | LBI | $1,195,000 |
New Active | NJOC2001346 | 34 Sunset | Long Beach Township | LBI | $1,249,000 |
New Active | NJOC2001180 | 2020 Long Beach Blvd #2-C (SW) | Ship Bottom | LBI | $1,295,000 |
New Active | NJOC2000450 | 415 N Bay Ave | Beach Haven | LBI | $1,300,000 |
New Active | NJOC2001342 | 405 Amber St | Beach Haven | LBI | $1,399,000 |
New Active | NJOC2001228 | 8602 Sandpiper Ln | Harvey Cedars | LBI | $1,475,000 |
New Active | NJOC2000598 | 1926 W Bay Ter | Ship Bottom | LBI | $1,800,000 |
New Active | NJOC2001020 | 325 Dolphin Ave | Beach Haven | LBI | $1,850,000 |
New Active | NJOC2000946 | 6800 Kent Pl | Harvey Cedars | LBI | $2,299,000 |
New Active | NJOC2000682 | 34 W Holly Drive | Long Beach Township | LBI | $4,249,000 |
New Active | NJOC2000994 | 30 Hideaway Dr | Long Beach Township | LBI | $4,975,000 |
Price Decrease | NJOC410166 | 11 E 74th St #3 | Harvey Cedars | LBI | $139,999 |
Price Decrease | NJOC2000410 | 6 Adrian Rd | Long Beach Township | LBI | $999,999 |
Price Decrease | NJOC2000242 | 44 Division Ave | Surf City | LBI | $1,399,000 |
Price Decrease | NJOC2000832 | 22 E Texas | Long Beach Township | LBI | $1,495,000 |
Price Decrease | NJOC2000212 | 13015 Bayview | Long Beach Township | LBI | $1,699,000 |
Price Decrease | NJOC2000504 | 65-A Long Beach Blvd | Long Beach Township | LBI | $1,795,000 |
Price Increase | NJOC2001354 | 26 W Harding Ave | Long Beach Township | LBI | $1,890,000 |
Price Increase | NJOC2001232 | 118 E 31st | Long Beach Township | LBI | $2,650,000 |
Active Under Contract | NJOC2000118 | 13516 Beach #B | Long Beach Township | LBI | $1,099,999 |
Active Under Contract | NJOC409756 | 907 Seaview Ave | Barnegat Light | LBI | $2,995,000 |
Pending | NJOC2000346 | 315 5th St #U3 | Beach Haven | LBI | $489,000 |
Pending | NJOC2000804 | 9 Sand Dune Ln | Long Beach Township | LBI | $999,000 |
Pending | NJOC410646 | 2020 Long Beach Blvd #2-A (NW) | Ship Bottom | LBI | $1,179,000 |
Pending | NJOC406536 | 14 E 34th | Long Beach Township | LBI | $1,200,000 |
Pending | NJOC2000780 | 11 E Florida | Long Beach Township | LBI | $1,200,000 |
Pending | NJOC2001176 | 2020 Long Beach Blvd #2-D (SE) | Ship Bottom | LBI | $1,279,000 |
Pending | NJOC410748 | 1608 N Barnegat Ave | Surf City | LBI | $1,300,000 |
Pending | NJOC2000216 | 4 Labaia Ln | Long Beach Township | LBI | $1,399,999 |
Pending | NJOC2000958 | 6 W Roosevelt Ave | Long Beach Township | LBI | $1,649,000 |
Pending | NJOC409488 | 4 W 83rd St | Harvey Cedars | LBI | $1,995,000 |
Pending | NJOC410726 | 2107 Seaview Ave | Barnegat Light | LBI | $2,200,000 |
Pending | NJOC2000122 | 12-A E Essex Ave #A | Harvey Cedars | LBI | $2,300,000 |
Pending | NJOC410128 | 151 Long Beach Boulevard #D | Long Beach Township | LBI | $3,995,000 |
Pending | NJOC407052 | 126 Laguna Ln | Long Beach Township | LBI | $3,999,900 |
Closed | NJOC410458 | 222 N 19th St | Surf City | LBI | $750,000 |
Closed | NJOC410108 | 108 E 14th St | Ship Bottom | LBI | $900,000 |
Closed | NJOC404980 | 106 W 26th St | Ship Bottom | LBI | $1,150,000 |
Closed | NJOC409216 | 2 Buckingham Ave | Harvey Cedars | LBI | $1,790,000 |
Closed | NJOC410562 | 305 Althea | Long Beach Township | LBI | $2,650,000 |
Closed | NJOC137626 | 1035 Long Beach Blvd | Long Beach Township | LBI | $5,801,000 |
Temporary Off Market | NJOC402528 | 32 11th Street | Surf City | LBI | $2,299,000 |
Withdrawn | NJOC407260 | 304 10th St St | Ship Bottom | LBI | $795,000 |
Withdrawn | NJOC409350 | 16 W 83rd St | Harvey Cedars | LBI | $1,385,000 |
Withdrawn | NJOC407242 | 304 W 10th St | Ship Bottom | LBI | $1,799,000 |
Canceled | NJOC410426 | 227 Iroquois Ave | Beach Haven | LBI | $1,900,000 |
Expired | NJOC400694 | 104 N 24th St | Surf City | LBI | $590,000 |
Expired | NJOC408974 | 2510 Long Beach Blvd #1B | Ship Bottom | LBI | $689,900 |
LBI New Jersey Real Estate Sales Analysis
As the summer moves along, we have been seeing more and more inventory come on the market. All signs point to this trend continuing into the fall. The Long Beach Island real estate market needs listings and in the wake of COVID, there is still strong demand for homes at the beach. We have to pay attention to the inventory levels because they are one of the biggest predictors of price. Right now, prices are rising and that is also likely to continue but if too many homes are listed in too short a time, that could change the direction of prices in the market. 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 7/18/2021-7/21/2021 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
