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LBI Real Estate Weekly Sales Update 7/7/2019-7/14/2019

  • Writer: High Tides Digital Marketing
    High Tides Digital Marketing
  • Jul 15, 2019
  • 6 min read

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 7/7/2019-7/14/2019

LBI Real Estate Weekly Sales Update 7/7/2019-7/14/2019

Long Beach Island Real Estate

LBI Real Estate  Weekly Sales Update 7/7/2019-7/14/2019: There were a total of 104 changes to the Long Beach Island sales market this week making it an average week for home sales. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 21 new listings entered the market with an average price of $1,484,090

  • 18 listings went under contact with an average listing price of about $970,822

  • 11 properties sold on Long Beach Island with an average price of $813,000

  • 20 listings were either withdrawn of expired in the LBI real estate market



LBI Real Estate Weekly Sales Update 7/7/2019-7/14/2019

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property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired).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

111

3rd

Surf City

$469,000

724

4

LND

NEW

401

Bay

Beach Haven Borough

$525,000

4,000

2

SF

NEW

9

16th St

Barnegat Light

$575,000

924

3

SF

NEW

212

Pelham

Beach Haven Borough

$599,000

864

4

SF

NEW

219

18th

Ship Bottom

$619,000

1,356

10

SF

NEW

1078

Long Beach

Long Beach Twp

$679,000

1,784

7

SF

NEW

26

12th

Barnegat Light

$689,000

1,248

3

SF

NEW

6112

Long Beach Blvd

Harvey Cedars

$785,000

1,176

5

SF

NEW

223

4th

Surf City

$849,900

1,900

4

SF

NEW

4

New York

Long Beach Twp

$859,000

2,425

2

SF

NEW

101

Virginia

Long Beach Twp

$995,000

1,084

7

SF

NEW

38

Starr

Long Beach Twp

$1,049,000

2,493

5

SF

NEW

239

5th

Ship Bottom

$1,089,000

2,920

5

SF

NEW

145

Long Beach

Long Beach Twp

$1,449,000

2,016

4

LND

NEW

400

Leeward

Beach Haven Borough

$1,495,000

0

0

SF

NEW

324

Iroquois

Beach Haven Borough

$1,499,000

2,500

6

SF

NEW

106

Bay

Surf City

$1,699,000

2,600

5

SF

NEW

157-C

Long Beach

Long Beach Twp

$3,199,000

3,900

0

SF

NEW

87

Bayview

Long Beach Twp

$3,399,000

4,500

5

SF

NEW

150-H

Long Beach

Long Beach Twp

$3,649,000

4,257

5

SF

NEW

1900

Virginia

Beach Haven Borough

$4,995,000

8,000

1

SF

BOM

15

13th

Barnegat Light

$604,500

1,125

40

SF

BOM

2106

Central

Surf City

$715,000

1,008

86

SF

BOM

102

17th

Long Beach Twp

$899,000

1,900

34

SF

BOM

222

Pearl

Beach Haven Borough

$1,210,000

2,500

165

CONDO

DOWN

20

Washington

Long Beach Twp

$349,500

720

136

CONDO

DOWN

207

23rd St  Unit 12A

Ship Bottom

$355,000

750

69

SF

DOWN

20

10th

Barnegat Light

$537,000

1,788

72

MUL

DOWN

216

18th

Ship Bottom

$575,000

1,918

51

SF

DOWN

204

Pennsylvania

Beach Haven Borough

$579,900

0

47

MUL

DOWN

204

Pennsylvania

Beach Haven Borough

$579,900

0

47

CONDO

DOWN

500

Bay

Beach Haven Borough

$589,000

1,200

98

SF

DOWN

111

14th

Ship Bottom

$619,000

1,500

18

SF

DOWN

13

79th

Harvey Cedars

$699,999

931

104

SF

DOWN

5

Susan

Long Beach Twp

$775,000

1,575

60

SF

DOWN

98

Arnold

Long Beach Twp

$775,000

1,700

115

CONDO

DOWN

804

Bay Club Lane

Beach Haven Borough

$779,000

1,800

242

SF

DOWN

210

Marine

Beach Haven Borough

$799,000

1,792

93

SF

DOWN

281

12th

Ship Bottom

$799,900

2,302

111

SF

DOWN

358

6th

Surf City

$880,000

2,324

283

SF

DOWN

406

Central

Barnegat Light

$895,000

1,388

78

SF

DOWN

6C

82nd

Harvey Cedars

$900,000

945

527

LND

DOWN

275

27th

Ship Bottom

$988,000

2,100

115

SF

DOWN

275

27th

Ship Bottom

$988,000

2,100

153

LND

DOWN

5201

Long Beach

Long Beach Twp

$1,150,000

0

105

SF

DOWN

5201

Long Beach

Long Beach Twp

$1,150,000

2,400

382

SF

DOWN

2

East 7th Street

Barnegat Light

$1,195,000

2,204

40

SF

DOWN

70

Butler

Long Beach Twp

$1,399,000

3,052

91

SF

DOWN

153C

Long Beach Boulevard

Long Beach Twp

$1,495,000

3,127

304

SF

DOWN

59B

Long Beach

Long Beach Twp

$1,499,000

3,791

62

SF

DOWN

409

Leeward

Beach Haven Borough

$1,575,000

2,918

137

SF

DOWN

8106

Bay Terrace

Harvey Cedars

$2,195,000

3,141

102

SF

DOWN

2211

Seaview

Barnegat Light

$2,499,000

3,320

111

SF

DOWN

1029-C

Long Beach Blvd

Long Beach Twp

$3,495,000

3,858

149

SF

K

28

Nevada

Long Beach Twp

$749,000

1,094

115

SF

K

16

Nevada

Long Beach Twp

$799,000

1,638

10

LND

K

39

23rd

Surf City

$859,000

0

30

CONDO

P

1212

Central

Surf City

$395,000

576

97

SF

P

1212

Central

Surf City

$395,000

0

95

SF

P

424

Dock

Beach Haven Borough

$499,900

1,188

41

SF

P

1

75th

Harvey Cedars

$574,900

1,200

39

SF

P

280

17th

Surf City

$649,000

1,572

23

SF

P

112

Ship Bottom

Ship Bottom

$649,999

1,150

72

LND

P

1094

Long Beach

Long Beach Twp

$718,500

1,344

80

SF

P

1094

Long Beach

Long Beach Twp

$718,500

1,344

80

MUL

P

38

13th

Surf City

$745,000

1,000

96

SF

P

381

6th

Ship Bottom

$749,000

2,517

294

SF

P

112

Lillie

Long Beach Twp

$893,300

1,520

37

SF

P

17

20th

Barnegat Light

$989,700

2,417

111

SF

P

114

16th

Ship Bottom

$1,150,000

2,100

133

SF

P

9

Cumberland

Harvey Cedars

$2,645,000

2,515

97

SF

P

12211

Ocean

Long Beach Twp

$3,295,000

3,200

153

CONDO

W

306

5th

Beach Haven Borough

$499,999

1,100

524

SF

W

4302

Long Beach

Long Beach Twp

$725,000

1,200

61

SF

W

324

Iroquois

Beach Haven Borough

$1,539,000

2,500

137

SF

W

806

Bayview

Barnegat Light

$1,699,900

3,548

101

SF

W

30

Panorama

Long Beach Twp

$2,699,000

4,200

41

SF

V

253

10th

Ship Bottom

$565,900

1,212

286

SF

V

315

Stratford

Beach Haven Borough

$1,145,000

3,110

308

SF

V

34

New York

Long Beach Twp

$1,700,000

4,432

51

SF

V

73

Sunset

Long Beach Twp

$1,750,000

3,700

783

SF

V

5

86th

Harvey Cedars

$1,795,000

2,500

209

SF

V

123

27th

Long Beach Twp

$1,799,999

2,844

119

CONDO

C

121

7th

Ship Bottom

$256,900

515

606

SF

C

2116

Central

Ship Bottom

$325,000

624

34

MUL

C

3

Delaware

Long Beach Twp

$475,000

0

246

COM

C

3

Delaware

Long Beach Twp

$475,000

0

246

SF

C

35

South 33rd

Long Beach Twp

$550,000

1,113

74

SF

C

201

15th

Ship Bottom

$655,000

1,638

30

SF

C

4904

Long Beach

Long Beach Twp

$925,000

2,100

103

SF

C

187

Nautilus

Long Beach Twp

$950,000

1,750

162

SF

C

199

Nautilus

Long Beach Twp

$999,000

2,710

124

SF

C

343

12th

Surf City

$1,150,000

2,450

104

SF

C

28

North Carolina

Long Beach Twp

$1,150,000

3,763

48

SF

C

5008

Long Beach

Long Beach Twp

$1,289,000

2,000

96

COM

X

382

9th

Ship Bottom

$1,500

970

27

COM

X

2512

Long Beach

Ship Bottom

$2,500

0

43

CONDO

X

20

21st

Long Beach Twp

$399,000

1,000

62

CONDO

X

214

Leeward

Beach Haven Borough

$485,000

722

45

SF

X

5

Delaware

Long Beach Twp

$679,000

936

168

SF

X

613

Barnegat

Surf City

$889,900

2,436

86

SF

X

239

5th

Ship Bottom

$1,089,000

2,920

185

SF

X

106

Bay

Surf City

$1,699,000

2,600

185

SF

X

2410

Atlantic

Long Beach Twp

$2,200,000

3,616

181



LBI New Jersey Real Estate Sales Analysis

Overall activity is about what we expect to see for this time of year. Pending sales and closed sales are down in volume from the spring which makes sense. Year to date the LBI real estate market is running about the same as 2018 which was an overall strong year for home sales. 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 7/7/2019-7/14/2019 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



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