Long Beach Island NJ (LBI NJ) Real Estate Market Update for January 13th 2023

High Tides Digital Marketing
Jan 14, 2023
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for January 13th 2023

Long Beach Island Real Estate Sales Market Update January 13th 2023

The LBI real estate market saw a lot of activity with a mix of new listings and pending sales. It is very encouraging to see the expected January increase in new listings, but as they come up, they are also be absorbed in the open market. This is highlighted by the 4 new listings today and the 3 pending sales.

4 new listings came up for sale in the LBI real estate market
3 homes went under contract on LBI
0 homes sold on Long Beach Island
3 homes saw a price reduction in the LBI real estate market

LBI Real Estate Daily Market Update January 13th 2023

Below is a breakdown of all changes and transactions that took place in the LBI real estate market today.

Last Change Type	MLS #	Address	City	Current Price
Coming Soon	NJOC2015690	101 W 9th St #102	Ship Bottom	$785,000
New Active	NJOC2015852	4206 Long Beach #E	Long Beach Township	$995,000
New Active	NJOC2015832	25 Colorado	Long Beach Township	$1,199,999
New Active	NJOC2015718	281 Riviera	Long Beach Township	$3,239,000
Price Decrease	NJOC2014966	310 W West Ave #K-3	Beach Haven	$695,000
Price Decrease	NJOC2008242	1604 Bayview Ave	Barnegat Light	$2,499,000
Price Decrease	NJOC2015058	1602 Bayview Ave	Barnegat Light	$2,499,000
Active Under Contract	NJOC2015492	20 Amber St #E11	Beach Haven	$469,000
Pending	NJOC2015640	405 Central Ave	Ship Bottom	$780,000
Pending	NJOC2014482	9313 Susan	Long Beach Township	$1,595,000
Expired	NJOC2003640	275 W 27th St	Ship Bottom	$2,549,000

The LBI real estate sales market remains strong and buyer confidence is high. Buyers are looking to make a purchase, there is simply not enough inventory. As new listings come up, it seems they are picked up right away and this, more than anything, is what will keep prices on Long Beach Island stable. If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.