LBI Real Estate Weekly Sales Update 7/25/2021-8/1/2021
- High Tides Digital Marketing
- Aug 4, 2021
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 7/25/2021-8/1/2021
LBI Real Estate Weekly Sales Update 7/25/2021-8/1/2021: There were a total 72 changes to the Long Beach Island real estate market this week. ALmost a third of this activity was in the form of new listings. This is great news for buyers in 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
23 new listings entered the market with an average price of $1,740,730
17 listings went under contract with an average listing price of about $1,821,759
13 properties sold on Long Beach Island with an average price of $1,235,269
9 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 7/25/2021-8/1/2021
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), "C" means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC2001612 | 401 Broadway #24 | Barnegat Light | LBI | $425,000 |
Coming Soon | NJOC2001742 | 5 W 9th St | Barnegat Light | LBI | $875,000 |
Coming Soon | NJOC2001622 | 112 8th St | Beach Haven | LBI | $1,795,000 |
Coming Soon | NJOC2001624 | 129 E South 34th | Long Beach Township | LBI | $1,999,000 |
New Active | NJOC2001522 | 8 W Sand Dune Ln | Long Beach Township | LBI | $899,000 |
New Active | NJOC2001434 | 102 W Roosevelt #C(3) | Long Beach Township | LBI | $925,000 |
New Active | NJOC2001148 | 6 Auburn | Long Beach Township | LBI | $949,000 |
New Active | NJOC2001692 | 208 W 6th St | Ship Bottom | LBI | $949,900 |
New Active | NJOC2001044 | 120 N Bay Ave | Beach Haven | LBI | $999,000 |
New Active | NJOC2001520 | 1-Centre Centre St | Beach Haven | LBI | $1,099,000 |
New Active | NJOC2001628 | 510 N Bay Ave #309 | Beach Haven | LBI | $1,125,000 |
New Active | NJOC2001518 | 15 E 33rd | Long Beach Township | LBI | $1,199,000 |
New Active | NJOC2001650 | 115 28th St #UNIT B | Long Beach Township | LBI | $1,200,000 |
New Active | NJOC2001490 | 7 W Macevoy | Long Beach Township | LBI | $1,225,000 |
New Active | NJOC2001584 | 245 W 19th St W | Ship Bottom | LBI | $1,529,000 |
New Active | NJOC2001516 | 2500 Atlantic | Long Beach Township | LBI | $1,899,000 |
New Active | NJOC2001558 | 16 E 31st | Long Beach Township | LBI | $2,010,000 |
New Active | NJOC2001320 | 3 38th St E | Long Beach Township | LBI | $2,095,000 |
New Active | NJOC2001388 | 13510 Atlantic Ave | Long Beach Township | LBI | $2,195,000 |
New Active | NJOC2001732 | 15 14th | Beach Haven | LBI | $2,699,999 |
New Active | NJOC2001638 | 1098-I Long Beach Blvd | Long Beach Township | LBI | $3,345,000 |
New Active | NJOC2001600 | 110 E Hobart Ave | Long Beach Township | LBI | $3,599,900 |
New Active | NJOC2001502 | 1 And 2 7th And 8th St | Beach Haven | LBI | $4,999,999 |
Back to Active | NJOC409770 | 514-A Engleside Ave #A | Beach Haven | LBI | $489,900 |
Back to Active | NJOC409798 | 333 W 6th St | Ship Bottom | LBI | $989,000 |
Back to Active | NJOC2000732 | 120 Taylor Ave | Beach Haven | LBI | $1,499,900 |
Back to Active | NJOC410416 | 23-25 38th St E | Long Beach Township | LBI | $3,295,000 |
Price Decrease | NJOC2000864 | 22 Mea Ln | Long Beach Township | LBI | $839,000 |
Price Decrease | NJOC2000190 | 33 W Jacqueline | Long Beach Township | LBI | $1,250,000 |
Price Decrease | NJOC409364 | 3 E 78th St | Harvey Cedars | LBI | $1,849,000 |
Price Increase | NJOC408976 | 1700 Long Beach Boulevard | Surf City | LBI | $120,000 |
Price Increase | NJOC408836 | 1700 Long Beach Boulevard | Surf City | LBI | $120,000 |
Price Increase | NJOC403662 | 108 N Bay Ave | Beach Haven | LBI | $899,000 |
Active Under Contract | NJOC2000168 | 1810 Central Ave #17 | Ship Bottom | LBI | $365,000 |
Active Under Contract | NJOC410230 | 708 Broadway | Barnegat Light | LBI | $995,000 |
Active Under Contract | NJOC2000410 | 6 Adrian Rd | Long Beach Township | LBI | $999,999 |
Active Under Contract | NJOC410300 | 3 E 16th | Long Beach Township | LBI | $1,249,900 |
Active Under Contract | NJOC2000426 | 57 Adrian Road | Long Beach Township | LBI | $1,350,000 |
Active Under Contract | NJOC2000424 | 57 Adrian Rd | Long Beach Township | LBI | $1,350,000 |
Active Under Contract | NJOC2000772 | 13 E 47th St | Long Beach Township | LBI | $1,399,000 |
Active Under Contract | NJOC2001020 | 325 Dolphin Ave | Beach Haven | LBI | $1,850,000 |
Active Under Contract | NJOC2000592 | 504 Shore Ave | Ship Bottom | LBI | $1,895,000 |
Active Under Contract | NJOC2000412 | 1126-E Long Beach Blvd | Long Beach Township | LBI | $4,995,000 |
Pending | NJOC410102 | 19 20th | Long Beach Township | LBI | $999,000 |
Pending | NJOC2001400 | 46 Albright | Barnegat Light | LBI | $1,149,000 |
Pending | NJOC2000214 | 58 Adrian Rd | Long Beach Township | LBI | $1,385,000 |
Pending | NJOC2000944 | 815 N Atlantic Ave | Beach Haven | LBI | $2,199,000 |
Pending | NJOC2000946 | 6800 Kent Pl | Harvey Cedars | LBI | $2,299,000 |
Pending | NJOC2000484 | 3301 S Long Beach Blvd | Long Beach Township | LBI | $3,195,000 |
Pending | NJOC2000676 | 24 Warwick Ave | Harvey Cedars | LBI | $3,295,000 |
Closed | NJOC407932 | 2708 Long Beach Blvd #5 | Ship Bottom | LBI | $330,000 |
Closed | NJOC407754 | 1511 Long Beach Blvd | Long Beach Township | LBI | $550,000 |
Closed | NJOC407782 | 101 W 9th W #202 | Ship Bottom | LBI | $720,000 |
Closed | NJOC406840 | 2302 Central Ave | Ship Bottom | LBI | $800,000 |
Closed | NJOC408702 | 6305a Long Beach Blvd #A | Harvey Cedars | LBI | $997,500 |
Closed | NJOC410012 | 313 N 10th St | Surf City | LBI | $998,000 |
Closed | NJOC410168 | 10 E California Ave | Long Beach Township | LBI | $999,000 |
Closed | NJOC408732 | 6507 Harvest Ave | Harvey Cedars | LBI | $1,025,000 |
Closed | NJOC410546 | 214 Marine St | Beach Haven | LBI | $1,250,000 |
Closed | NJOC408084 | 5 E 12th St | Barnegat Light | LBI | $1,299,000 |
Closed | NJOC2000104 | 11 E 21st | Long Beach Township | LBI | $2,175,000 |
Closed | NJOC402528 | 32 11th Street | Surf City | LBI | $2,275,000 |
Closed | NJOC409474 | 4405 S Long Beach Blvd | Long Beach Township | LBI | $2,640,000 |
Withdrawn | NJOC402824 | 240 W 9th St | Ship Bottom | LBI | $550,000 |
Withdrawn | NJOC410618 | 210 18th W | Ship Bottom | LBI | $1,850,000 |
Withdrawn | NJOC409682 | 135-A Long Beach Blvd | Long Beach Township | LBI | $2,495,000 |
Canceled | NJOC407654 | 105 W 25th St | Ship Bottom | LBI | $499,000 |
Expired | NJOC404574 | 6115 Bayview Ave | Long Beach Township | LBI | $1,350,000 |
Expired | NJOC406844 | 1608 Beach | Long Beach Township | LBI | $1,395,000 |
Expired | NJOC406828 | 1608 Beach | Long Beach Township | LBI | $1,395,000 |
Expired | NJOC408716 | 27 W Ohio | Beach Haven | LBI | $2,950,000 |
Expired | NJOC408758 | 110 E Hobart Ave | Long Beach Township | LBI | $3,600,000 |
LBI New Jersey Real Estate Sales Analysis
The increase in inventory is largely expected for this time of year. Fall is always a busy time for new homes to come on the market and the middle of summer is a less than ideal time to buy a home. This leads to a natural increase in the availability of homes for sale on Long Beach Island. It will be interesting to see if this trend accelerates into the fall. If a significant number of homes come on the market, that could start to impact prices. Likewise, the increase in COVID cases could lead to another surge in buying on LBI that could eliminate the gains in the inventory. Time will tell! 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 7/25/2021-8/1/2021 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
