LBI Real Estate Weekly Sales Update 8/26/2019-9/1/2019
- High Tides Digital Marketing
- Sep 3, 2019
- 6 min read
Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 8/26/2019-9/1/2019
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 8/26/2019-9/1/2019: There were a total of 110 changes to the Long Beach Island sales market this week showing a notable increase in activity. As summer comes to an end it is not surprising to see a little more activity on Long Beach Island. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
26 new listings entered the market with an average price of $1,240,340
22 listings went under contact with an average listing price of about $1,155,445
16 properties sold on Long Beach Island with an average price of $1,031,594
27 listings were either withdrawn of expired in the LBI real estate market
LBI Real Estate Weekly Sales Update 8/26/2019-9/1/2019
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" or "K" 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the property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired).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 | Area | DOM |
SF | NEW | 8 | 14th | Long Beach Twp | $525,000 | LBI | 3 |
SF | NEW | 1405 | Long Beach | Long Beach Twp | $549,000 | LBI | 1 |
SF | NEW | 289 | 2nd | Surf City | $589,000 | LBI | 5 |
SF | NEW | 375 | 7 th | Ship Bottom | $659,000 | LBI | 8 |
SF | NEW | 1040 | Long Beach | Long Beach Twp | $665,000 | LBI | 6 |
SF | NEW | 1802 | Beach | Long Beach Twp | $699,000 | LBI | 4 |
CONDO | NEW | 130 | West | Beach Haven Borough | $729,000 | LBI | 5 |
SF | NEW | 310 | 11th | Ship Bottom | $735,000 | LBI | 1 |
SF | NEW | 215 | Twelfth | Beach Haven Borough | $765,000 | LBI | 4 |
LND | NEW | 5010 | West | Long Beach Twp | $850,000 | LBI | 3 |
SF | NEW | 5010 | West | Long Beach Twp | $850,000 | LBI | 3 |
SF | NEW | 293 B | Tidal | Long Beach Twp | $850,000 | LBI | 5 |
SF | NEW | 9 | 9th | Barnegat Light | $889,000 | LBI | 7 |
CONDO | NEW | 22 | 49th | Long Beach Twp | $997,000 | LBI | 5 |
SF | NEW | 168-B | Long Beach | Long Beach Twp | $1,179,000 | LBI | 5 |
SF | NEW | 120 | Mac Evoy | Long Beach Twp | $1,188,000 | LBI | 6 |
SF | NEW | 1106 | Barnegat | Surf City | $1,195,000 | LBI | 6 |
SF | NEW | 4 | Texas (102nd St) | Long Beach Twp | $1,268,000 | LBI | 4 |
SF | NEW | 310 | Glendola | Beach Haven Borough | $1,380,000 | LBI | 2 |
SF | NEW | 105 | Surf Ave – 80th | Long Beach Twp | $1,600,000 | LBI | 21 |
SF | NEW | 353 | Dusty Miller | Long Beach Twp | $1,700,000 | LBI | 0 |
SF | NEW | 4 | Idaho | Long Beach Twp | $1,799,850 | LBI | 157 |
SF | NEW | 224 | 15th | Long Beach Twp | $1,899,000 | LBI | 1 |
SF | NEW | 260 | Pompano | Long Beach Twp | $2,499,000 | LBI | 6 |
SF | NEW | 30 | Panorama | Long Beach Twp | $2,695,000 | LBI | 6 |
SF | NEW | 199 | Nautilus | Long Beach Twp | $3,495,000 | LBI | 6 |
INOW | BOM | 12 | 78th Unit 4 | Harvey Cedars | $125,000 | LBI | 271 |
CONDO | BOM | 519 | Ocean | Ship Bottom | $440,000 | LBI | 578 |
SF | BOM | 26 | 12th | Barnegat Light | $689,000 | LBI | 16 |
SF | BOM | 9 | Cleveland | Long Beach Twp | $949,900 | LBI | 140 |
SF | BOM | 5303 | Long Beach | Long Beach Twp | $1,249,000 | LBI | 185 |
SF | DOWN | 7707 | Long Beach | Long Beach Twp | $2,000 | LBI | 10 |
CONDO | DOWN | 137 | Maryland | Long Beach Twp | $314,999 | LBI | 68 |
CONDO | DOWN | 202 | 26th | Ship Bottom | $319,000 | LBI | 65 |
CONDO | DOWN | 500 | Bay | Beach Haven Borough | $564,000 | LBI | 147 |
SF | DOWN | 14 | Jacqueline | Long Beach Twp | $749,999 | LBI | 59 |
SF | DOWN | 11 | Lillie | Long Beach Twp | $825,900 | LBI | 178 |
SF | DOWN | 115 | Osborn | Long Beach Twp | $849,000 | LBI | 128 |
SF | DOWN | 613 | Barnegat | Surf City | $850,000 | LBI | 38 |
SF | DOWN | 1504 | Bayview | Barnegat Light | $865,000 | LBI | 154 |
CONDO | DOWN | 816 | Bay Club | Beach Haven Borough | $959,000 | LBI | 83 |
SF | DOWN | 106 | Bay | Surf City | $1,599,000 | LBI | 54 |
SF | DOWN | 903 | Seaview | Barnegat Light | $1,898,000 | LBI | 227 |
LND | DOWN | 550 | Leeward | Beach Haven Borough | $3,399,000 | LBI | 37 |
SF | UP | 116 | 23rd | Long Beach Twp | $699,900 | LBI | 81 |
LND | K | 1104 | Central | Barnegat Light | $429,000 | LBI | 154 |
LND | K | 1104 | Central | Barnegat Light | $429,000 | LBI | 66 |
SF | K | 1912 | Central | Surf City | $619,000 | LBI | 42 |
SF | K | 287 | Division | Surf City | $635,000 | LBI | 84 |
MUL | K | 287 | Division | Surf City | $635,000 | LBI | 84 |
SF | K | 2 | LaBaia | Long Beach Twp | $949,900 | LBI | 321 |
SF | P | 202 | 21st | Ship Bottom | $525,000 | LBI | 127 |
LND | P | 26 | Rosemma | Long Beach Twp | $539,000 | LBI | 18 |
SF | P | 8 | 81st | Harvey Cedars | $545,000 | LBI | 201 |
SF | P | 2 | South 34th | Long Beach Twp | $599,999 | LBI | 333 |
SF | P | 219 | 18th | Ship Bottom | $619,000 | LBI | 54 |
SF | P | 2101 | Beach | Long Beach Twp | $649,000 | LBI | 21 |
MUL | P | 5 | Cape Cod | Long Beach Twp | $650,000 | LBI | 102 |
SF | P | 18 | Arnold | Long Beach Twp | $769,000 | LBI | 355 |
LND | P | 416 | Nelson | Beach Haven Borough | $799,000 | LBI | 57 |
LND | P | 95 | Panorama South | Long Beach Twp | $895,000 | LBI | 4 |
SF | P | 323 | Liberty | Beach Haven Borough | $1,499,900 | LBI | 207 |
SF | P | 24 | 22nd | Surf City | $1,549,000 | LBI | 94 |
SF | P | 262 | Pompano | Long Beach Twp | $2,399,000 | LBI | 72 |
SF | P | 84 | Bayview | Long Beach Twp | $2,495,000 | LBI | 150 |
SF | P | 3705 | Long Beach | Long Beach Twp | $3,195,000 | LBI | 83 |
SF | P | 148-F | Long Beach Blvd | Long Beach Twp | $3,995,000 | LBI | 68 |
LND | W | 1104 | Central | Barnegat Light | $429,000 | LBI | 150 |
SF | W | 164 B | Long Beach | Long Beach Twp | $849,000 | LBI | 209 |
SF | W | 1106 | Barnegat | Surf City | $1,110,000 | LBI | 81 |
SF | W | 11501 | Long Beach | Long Beach Twp | $1,799,850 | LBI | 157 |
SF | W | 92 | Panorama | Long Beach Twp | $2,174,900 | LBI | 68 |
SF | W | 1067 | Long Beach | Long Beach Twp | $2,849,999 | LBI | 73 |
SF | V | 9809 | Beach | Long Beach Twp | $789,000 | LBI | 2 |
SF | V | 101 | Virginia | Long Beach Twp | $995,000 | LBI | 51 |
SF | V | 134 | 20th | Ship Bottom | $2,350,000 | LBI | 409 |
SF | C | 424 | Dock | Beach Haven Borough | $500,000 | LBI | 41 |
SF | C | 1 | 75th | Harvey Cedars | $525,000 | LBI | 39 |
CONDO | C | 403 | Delaware | Beach Haven Borough | $535,000 | LBI | 168 |
SF | C | 287 | 14th | Ship Bottom | $540,000 | LBI | 61 |
SF | C | 413 | Pelham | Beach Haven Borough | $665,000 | LBI | 30 |
SF | C | 18 | Meadow Lane | Long Beach Twp | $715,000 | LBI | 131 |
SF | C | 16 | 10th | Barnegat Light | $734,000 | LBI | 24 |
SF | C | 221 | Holyoke | Beach Haven Borough | $750,000 | LBI | 198 |
SF | C | 7 | 27th | Barnegat Light | $805,000 | LBI | 259 |
SF | C | 2905 | Long Beach | Long Beach Twp | $865,000 | LBI | 141 |
SF | C | 11502 | Beach | Long Beach Twp | $997,500 | LBI | 119 |
SF | C | 249 | Oceana Drive | Long Beach Twp | $1,200,000 | LBI | 218 |
SF | C | 509 | Ocean | Surf City | $1,425,000 | LBI | 25 |
SF | C | 324 | Iroquois | Beach Haven Borough | $1,499,000 | LBI | 52 |
SF | C | 6500 | Ocean | Long Beach Twp | $1,750,000 | LBI | 115 |
LND | C | 153 E | Long Beach | Long Beach Twp | $3,000,000 | LBI | 110 |
CONDO | X | 20 | Washington | Long Beach Twp | $310,000 | LBI | 181 |
SF | X | 253 | 10th | Ship Bottom | $565,900 | LBI | 286 |
SF | X | 1405 | Long Beach | Long Beach Twp | $629,000 | LBI | 323 |
SF | X | 3 | Seabreeze | Long Beach Twp | $655,000 | LBI | 92 |
SF | X | 310 | 11th | Ship Bottom | $750,000 | LBI | 160 |
CONDO | X | 29 | 23rd | Long Beach Twp | $849,000 | LBI | 235 |
SF | X | 29 | 23rd | Long Beach Twp | $849,000 | LBI | 235 |
LND | X | 95 | Panorama | Long Beach Twp | $895,000 | LBI | 359 |
SF | X | 230 | 22nd | Surf City | $1,099,000 | LBI | 112 |
SF | X | 315 | Stratford | Beach Haven Borough | $1,145,000 | LBI | 308 |
SF | X | 706 | Bay | Beach Haven Borough | $1,244,000 | LBI | 88 |
LND | X | 400 | Leeward | Beach Haven Borough | $1,495,000 | LBI | 542 |
SF | X | 73 | Sunset | Long Beach Twp | $1,750,000 | LBI | 783 |
SF | X | 353 | Dusty Miller | Long Beach Twp | $1,750,000 | LBI | 549 |
SF | X | 108 | Panorama | Long Beach Twp | $1,995,000 | LBI | 216 |
SF | X | 277 | 27TH. | Ship Bottom | $2,699,000 | LBI | 92 |
SF | X | 3709 | Ocean | Long Beach Twp | $3,394,000 | LBI | 143 |
SF | X | 3709 | Ocean | Long Beach Twp | $3,495,000 | LBI | 202 |
LBI New Jersey Real Estate Sales Analysis
There were fewer new listings this week but the average price was considerably higher. Both the number of pending sales and the average listing price of a pending sale were higher this week. Twice as many homes sold this week as last but the average price was lower. Lastly far more homes either expired or were withdrawn from the market. Overall activity was good this week and should add to a strong sales season in the Long Beach Island real estate 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 8/26/2019-9/1/2019 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
