Long Beach Island Real Estate Sales Market Update May 21st 2024

High Tides Digital Marketing
May 21, 2024
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for May 21st 2024

Long Beach Island Real Estate Sales Market Update May 21st 2024

It was a very busy day in the LBI real estate market today! There were a total of 8 changes to the MLS, which makes this one of the most active Long Beach Island real estate market updates in some time! Activity was spread across new listings, price drops, pending sales and closed homes. Today's LBI real estate market update is as follows:

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

LBI Real Estate Daily Market Update May 21st 2024

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	Area	Zip Code	Current Price
New Active	NJOC2025918	102 E South 34th St	Long Beach Township	LBI	Zip Code 08008	$3,390,000
Price Decrease	NJOC2025162	79 W California Ave	Long Beach Township	LBI	Zip Code 08008	$1,999,000
Price Decrease	NJOC2023252	319 W 8th St	Ship Bottom	LBI	Zip Code 08008	$1,099,999
Pending	NJOC2025810	6513 Harvest Ave	Harvey Cedars	LBI	Zip Code 08008	$599,000
Pending	NJOC2024748	8 E Maryland Ave	Long Beach Township	LBI	Zip Code 08008	$1,000,000
Pending	NJOC2025046	119 E Lillie Ave	Long Beach Township	LBI	Zip Code 08008	$2,895,000
Closed	NJOC2024114	909 N. Bay Avenue #FLOOR 1	Beach Haven	LBI	Zip Code 08008	$30,000
Expired	NJOC2021426	435 N 3rd St	Surf City	LBI	Zip Code 08008	$1,899,000

The pending sale activity was very interesting today. There was a wide range of price points, with one single-family home listed for $599,000! This is a very inexpensive home in the LBI real estate market, and it shows that there are affordable options if you are patient! On the high side of the market, one of the pending sales was for just under $3,000,000, so again, there are homes in all locations and price points in the LBI real estate market. If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.