Long Beach Island NJ (LBI NJ) Real Estate Market Update for Monday June 19th 2023

High Tides Digital Marketing
Jun 19, 2023
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for Monday June 19th 2023

Long Beach Island Real Estate Sales Market Update Monday June 19th 2023

The LBI real estate market continued to show its strength as we get ever closer to the summer season. Buyer activity is still strong, even though things typically slow down a little bit this time of year. Activity in the Long Beach Island real estate sales market for today was as follows:

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

LBI Real Estate Daily Market Update Monday June 19th 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
New Active	NJOC2019238	2905 Long Beach	Long Beach Township	$1,749,000
New Active	NJOC2019150	129 32nd	Long Beach Township	$1,999,000
Active Under Contract	NJOC2015940	33 W 87th	Long Beach Township	$2,100,000
Pending	NJOC2018782	3911 Ocean	Long Beach Township	$3,250,000
Canceled	NJOC2018972	25 E 6th St	Beach Haven	$1,499,000

The number of homes for sale in the 08008 zip code is still very low, and unfortunately, today did nothing to really help that! While there were 2 new listings today, there were also 2 pending sales, so the net gain to the market was zero. It is interesting to note that BOTH of the pending sales today were waterfront homes. One was an oceanfront and one was a bayfront! If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.