Long Beach Island NJ Real Estate Daily Market Update March 30th 2020
- High Tides Digital Marketing
- Mar 30, 2020
- 2 min read
LBI Real Estate Daily Sales Update March 30th 2020
LBI Real Estate Daily Market Update March 30th 2020: Today the LBI real estate market saw 8 changes in the MLS. Several of these were homes going back on the market. While we do not know the exact reason these deals fell apart, there is a good chance they are tied in some way to the coronavirus. We have seen several deals fall apart as a result of the stock market decline and a general fear of the illness. In spite of all this, there are still strong indicators that the LBI real estate market will be fine once this comes under control. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a daily, weekly, and monthly sales update for the Long Beach Island real estate market. You can access my monthly analysis of home sales here. The LBI real estate market saw the following activity today:
1 new listing entered the market
0 listings went under contact
2 properties sold on Long Beach Island
3 properties came back on the market for sale
LBI Real Estate Daily Market Update March 30th 2020
Last Change Type | Cat | Address | City | Current Price |
New Active | RES | 44 Division Ave | Surf City | $969,000 |
New Active | RES | 12 E 77th St | Harvey Cedars | $1,499,000 |
Back to Active | RES | 44 Division Ave #A | Surf City | $479,000 |
Back to Active | RES | 44 Division Ave #B | Surf City | $499,000 |
Back to Active | RES | 1040-D Long Beach Blvd | Long Beach Township | $919,000 |
Closed | RES | 804 E Bay Club Ln | Beach Haven | $765,000 |
Closed | RES | 306 N 4th St | Surf City | $1,075,000 |
Withdrawn | RES | 12 E E 77th. St. St E | Harvey Cedars | $1,499,000 |
LBI New Jersey Real Estate Sales Analysis
While there were two closings today, three listings came back on the market. In fairness, two of these were an upstairs and downstairs condo but regardless, activity was not good today. We will keep an eye on activity as the weeks progress and in the meantime stay safe! For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI Real Estate Daily Market Update March 30th 2020 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
