Long Beach Island Real Estate Sales Market Update Friday June 23rd 2023

High Tides Digital Marketing
Jun 24, 2023
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for Friday June 23rd 2023

Long Beach Island Real Estate Sales Market Update Friday June 23rd 2023

Today ended a busy week for the Long Beach Island real estate sales market. There were several new listings that came on the market, but there were an equally high number of pending sales. As we have seen, the LBI real estate market is in a good state of balance. Activity for today was as follows in the LBI real estate market:

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

LBI Real Estate Daily Market Update Friday June 23rd 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	NJOC2019366	10001 Highland #A	Long Beach Township	$1,175,000
New Active	NJOC2019364	5104 West	Long Beach Township	$1,399,000
New Active	NJOC2019362	6105-Unit 1 Long Beach Blvd	Long Beach Township	$499,000
New Active	NJOC2019174	17 W 4th St	Barnegat Light	$2,250,000
New Active	NJOC2019308	1610 Bayview Ave	Barnegat Light	$2,499,000
Price Decrease	NJOC2018814	12900 Long Beach	Long Beach Township	$550,000
Price Decrease	NJOC2017326	67-D Long Beach Blvd	Long Beach Township	$7,950,000
Active Under Contract	NJOC2014668	11902 Long Beach	Long Beach Township	$1,299,000
Active Under Contract	NJOC2016448	1013 N Central Ave	Surf City	$879,000
Active Under Contract	NJOC2018256	101 N 1st St	Surf City	$1,999,999
Active Under Contract	NJOC2011244	48 A Long Beach Blvd	Long Beach Township	$2,050,000
Active Under Contract	NJOC2011466	5 E 79th St	Harvey Cedars	$2,895,000
Closed	NJOC2018452	21 W Maryland Ave	Long Beach Township	$925,000
Closed	NJOC2017358	228 W 6th St	Ship Bottom	$999,999
Closed	NJOC2018208	12213 Ocean Ave	Long Beach Township	$5,200,000
Temporary Off Market	NJOC2018660	5 E Dayton	Long Beach Township	$1,695,000
Temporary Off Market	NJOC2019034	3705 S Long Beach Blvd	Long Beach Township	$4,850,000

Sales in the LBI real estate market continue to be strong. Buyers are clearly activate, and a well-priced home will sell. When I say. "well priced", I do not mean the home needs to be underpriced. Rather, buyers are aware of market value, and if a home is priced in line with the market, it will sell! We still see some homes sell over list price, for example, 21 W Maryland which closed today, sold over ask. If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.