LBI Real Estate Weekly Sales Update 8/18/2019-8/25/2019
- High Tides Digital Marketing
- Aug 25, 2019
- 5 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 8/18/2019-8/25/2019
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 8/18/2019-8/25/2019: There were a total of 90 changes to the Long Beach Island sales market this week making it a slower week for activity. That said this time of year tends to be a little slower with school starting, etc. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
35 new listings entered the market with an average price of $987,780
20 listings went under contact with an average listing price of about $889,380
8 properties sold on Long Beach Island with an average price of $1,451,250
7 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 8/18/2019-8/25/2019
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the property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired).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 | 7707 | Long Beach | Long Beach Twp | $2,500 | 3,299 | 2 |
CONDO | NEW | 137 | Maryland | Long Beach Twp | $325,000 | 570 | 2 |
SF | NEW | 247 | 11th | Ship Bottom | $478,000 | 918 | 7 |
CONDO | NEW | 20 | Amber | Beach Haven Borough | $505,000 | 520 | 6 |
SF | NEW | 405 | Central | Ship Bottom | $525,000 | 1,188 | 6 |
SF | NEW | 1707 | Central | Surf City | $549,000 | 1,250 | 4 |
SF | NEW | 5801 | Bayview | Long Beach Twp | $599,000 | 1,680 | 6 |
SF | NEW | 8 | Carolina | Long Beach Twp | $619,000 | 1,414 | 5 |
SF | NEW | 25 | 9th | Barnegat Light | $624,900 | 1,196 | 5 |
SF | NEW | 28 | 3rd | Barnegat Light | $625,000 | 1,392 | 2 |
SF | NEW | 3 | 6th | Barnegat Light | $649,000 | 1,936 | 5 |
MUL | NEW | 3 | 6th | Barnegat Light | $649,000 | 1,936 | 5 |
SF | NEW | 102 | 12th | Ship Bottom | $649,000 | 1,337 | 7 |
SF | NEW | 440 | Centre | Beach Haven Borough | $679,000 | 1,596 | 8 |
SF | NEW | 420 | Eighth St S6 | Beach Haven Borough | $765,000 | 2,200 | 10 |
CONDO | NEW | 420 | Eighth St S6 | Beach Haven Borough | $765,000 | 2,200 | 10 |
SF | NEW | 2 | California | Long Beach Twp | $779,900 | 1,804 | 67 |
COM | NEW | 2404 | Long Beach | Long Beach Twp | $795,000 | 2 | |
SF | NEW | 12 | 41st | Long Beach Twp | $799,000 | 1,300 | 3 |
CONDO | NEW | 12 | 41st | Long Beach Twp | $799,000 | 1,300 | 3 |
SF | NEW | 108 | Hobart | Long Beach Twp | $875,000 | 2,168 | 7 |
CONDO | NEW | 118 | 27th street | Long Beach Twp | $949,000 | 1,923 | 7 |
SF | NEW | 1104-A | Little Bridge Road | Long Beach Twp | $979,000 | 2,828 | 4 |
SF | NEW | 21 | California | Long Beach Twp | $979,000 | 1,793 | 5 |
SF | NEW | 105 | Lavenia | Long Beach Twp | $1,159,000 | 2,453 | 6 |
SF | NEW | 36 | 4th | Surf City | $1,179,000 | 1,440 | 4 |
SF | NEW | 8 | 23rd | Long Beach Twp | $1,199,000 | 2,326 | 1 |
SF | NEW | 1013B | Long Beach | Long Beach Twp | $1,349,000 | 2,465 | 6 |
SF | NEW | 328 | Norwood | Beach Haven Borough | $1,379,000 | 2,700 | 4 |
SF | NEW | 1814 | Bay | Long Beach Twp | $1,425,000 | 2,300 | 1 |
SF | NEW | 248 | 27th | Ship Bottom | $1,545,000 | 2,454 | 7 |
SF | NEW | 17 | 7th | Beach Haven Borough | $1,599,000 | 2,200 | 11 |
SF | NEW | 2611 | Atlantic | Long Beach Twp | $2,385,000 | 3,500 | 2 |
COM | NEW | 200 | Atlantic | Beach Haven Borough | $2,395,000 | 0 | 2 |
LND | NEW | 57 | Long Beach | Long Beach Twp | $2,995,000 | 0 | 6 |
MUL | BOM | 104 | Osborn | Long Beach Twp | $725,000 | 1,584 | 186 |
CONDO | DOWN | 217 | 11th | Ship Bottom | $325,000 | 720 | 159 |
COM | DOWN | 2304 | Long Beach | Ship Bottom | $489,000 | 0 | 482 |
SF | DOWN | 356 | 5th | Surf City | $575,000 | 1,248 | 141 |
SF | DOWN | 5 | Culver | Long Beach Twp | $748,000 | 1,428 | 169 |
CONDO | DOWN | 9 | Pearl St 1M | Beach Haven Borough | $749,000 | 1,400 | 30 |
SF | DOWN | 9201 | Beach | Long Beach Twp | $829,000 | 1,472 | 341 |
SF | DOWN | 13 | Connecticut | Long Beach Twp | $829,000 | 2,200 | 37 |
LND | DOWN | 95 | Panorama | Long Beach Twp | $895,000 | 0 | 358 |
SF | DOWN | 5413 | West | Long Beach Twp | $899,000 | 1,932 | 169 |
SF | DOWN | 384 | 5th | Surf City | $1,149,000 | 3,198 | 153 |
SF | DOWN | 325 | Belvoir | Beach Haven Borough | $1,300,000 | 2,491 | 60 |
SF | DOWN | 202 | Liberty | Beach Haven Borough | $1,499,000 | 2,325 | 82 |
SF | DOWN | 83 | Bayview Drive | Long Beach Twp | $2,395,000 | 1,700 | 28 |
SF | DOWN | 5419-E | Long Beach | Harvey Cedars | $2,700,000 | 3,094 | 116 |
SF | DOWN | 3701 | Ocean | Long Beach Twp | $2,799,999 | 3,120 | 134 |
SF | DOWN | 211 | Leeward | Beach Haven Borough | $5,495,000 | 5,482 | 279 |
LND | UP | 244 | 7th | Ship Bottom | $358,500 | 0 | 449 |
SF | UP | 6C | 82nd | Harvey Cedars | $849,999 | 945 | 568 |
LND | UP | 6C | 82nd | Harvey Cedars | $849,999 | 0 | 31 |
SF | K | 13 | Jeanette | Long Beach Twp | $749,999 | 1,464 | 109 |
SF | K | 16 | E. 14th | Barnegat Light | $979,000 | 1,774 | 13 |
MUL | K | 2601 | Long Beach | Long Beach Twp | $1,875,000 | 1,728 | 160 |
SF | K | 2601 | Long Beach | Long Beach Twp | $1,875,000 | 1,728 | 160 |
CONDO | P | 310 | West | Beach Haven Borough | $349,000 | 800 | 31 |
SF | P | 7009 | Long Beach | Long Beach Twp | $389,900 | 948 | 31 |
LND | P | 238 | 4th Street | Ship Bottom | $450,000 | 0 | 28 |
CONDO | P | 9 | Pearl | Beach Haven Borough | $485,000 | 1,000 | 214 |
SF | P | 1 | Windward | Long Beach Twp | $499,900 | 942 | 25 |
SF | P | 277 | Division | Surf City | $535,000 | 924 | 40 |
LND | P | 805 | Bay | Beach Haven Borough | $535,000 | 0 | 20 |
SF | P | 8005 | Long Beach | Long Beach Twp | $550,000 | 1,760 | 165 |
SF | P | 16 | Rhode Island | Long Beach Twp | $579,000 | 1,520 | 19 |
SF | P | 2504 | Central | Barnegat Light | $589,000 | 1,660 | 199 |
MUL | P | 263 | 9th | Surf City | $629,900 | 1,344 | 23 |
SF | P | 263 | 9th | Surf City | $629,900 | 1,344 | 23 |
SF | P | 7 | 14th | Barnegat Light | $699,000 | 1,386 | 7 |
SF | P | 128 | 29 | Ship Bottom | $799,000 | 1,496 | 74 |
SF | P | 105 | Florida | Long Beach Twp | $2,199,999 | 3,265 | 21 |
SF | P | 26 | Hideaway | Long Beach Twp | $2,389,000 | 4,100 | 51 |
SF | W | 247 | 11th | Ship Bottom | $478,000 | 918 | 42 |
LND | W | 2709 | Long Beach Blvd. | Ship Bottom | $499,000 | 0 | 145 |
SF | W | 406 | Central | Barnegat Light | $895,000 | 1,388 | 113 |
SF | V | 315 | 6th | Surf City | $899,000 | 1,200 | 35 |
COM | C | 2709 | Long Beach | Ship Bottom | $475,000 | 0 | 233 |
SF | C | 20 | 80th | Harvey Cedars | $530,000 | 1,154 | 57 |
SF | C | 906 | Central | Surf City | $660,000 | 1,260 | 26 |
SF | C | 124 | 5th | Beach Haven Borough | $915,000 | 1,450 | 7 |
SF | C | 1601 | Long Beach | Long Beach Twp | $970,000 | 2,360 | 73 |
SF | C | 4204 | Long Beach | Long Beach Twp | $1,360,000 | 2,392 | 132 |
SF | C | 12211 | Ocean | Long Beach Twp | $3,200,000 | 3,200 | 153 |
SF | C | 1013 C | Long Beach | Long Beach Twp | $3,500,000 | 5,800 | 336 |
COM | X | 2901 | Long Beach | Ship Bottom | $649,000 | 0 | 181 |
SF | X | 346 | 15th | Ship Bottom | $999,000 | 2,775 | 174 |
SF | X | 115 | Pearl | Beach Haven Borough | $1,499,000 | 3,429 | 181 |
LBI New Jersey Real Estate Sales Analysis
Overall the activity in the LBI real estate market was positive. While the total number of changes was down, the TYPE of activity was encouraging. There were a lot of new listings and pending sales this week which sets up for a strong fall market. 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 8/18/2019-8/25/2019 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
