Long Beach Island Real Estate Sales Market Update December 13th 2022

High Tides Digital Marketing
Dec 14, 2022
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for December 13th 2022

Long Beach Island Real Estate Sales Market Update December 13th 2022

It was another balanced day in the LBI real estate sales market. This seems to be the new trend of 2022 and, most likely, 2023. There have been an almost equal number of new listings and pending sales each day, and today was no exception!

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

LBI Real Estate Daily Market Update December 13th 2022

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	NJOC2015332	7800 Ocean	Long Beach Township	$1,550,000
New Active	NJOC2015348	1210 Long Beach Blvd. Unit D	Long Beach Township	$2,149,000
New Active	NJOC2015346	1210 Long Beach Blvd. Unit C	Long Beach Township	$2,149,000
New Active	NJOC2015338	813 N Ocean Ave	Surf City	$3,799,000
Back to Active	NJOC2015148	8001 Long Beach Blvd	Harvey Cedars	$1,599,000
Pending	NJOC2014086	1220 Central Ave	Ship Bottom	$999,000
Pending	NJOC2013242	304 W 21st St	Ship Bottom	$2,295,000
Pending	NJOC2014016	114 Amber St	Beach Haven	$2,425,000
Pending	NJOC2013312	105 W Kimberly Ave	Long Beach Township	$2,995,000
Closed	NJOC2013970	216 Fairview Ave	Beach Haven	$2,000,000
Expired	NJOC2010856	1208 S Beach Ave	Beach Haven	$2,490,000

It is very helpful to track buyer activity if you are looking to buy, sell or invest in the Long Beach Island real estate sales market. A balanced market is perhaps the best-case scenario, and that seems to be where we have settled, at least for now. Once notable change, we have seen price reductions drop significantly. There were between 5 and 20 price drops each week for a short time. Now, this number has fallen significantly, further the conclusion that prices and the market have balanced out.If you have any questions about buying, sellingor investing in the LBI real estate market, please do not hesitate to contact me.