Long Beach Island Real Estate Sales Market Update October 3rd 2024

High Tides Digital Marketing
Oct 3, 2024
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for October 3rd 2024

Long Beach Island Real Estate Sales Market Update October 3rd 2024

In this Long Beach Island Real Estate Sales Market Update October 3rd 2024, we saw a significant amount of activity. There were several new listings, several pending sales, and several closings. Today's market activity gives us a good picture of the LBI real estate market as a whole.

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

LBI Real Estate Daily Market Update October 3rd 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	Current Price
Coming Soon	NJOC2029286	901 Ocean Ave #1ST/914	Ship Bottom	LBI Real Estate Market Update	$1,300,000
Coming Soon	NJOC2028862	2 E California Avenue #B	Long Beach Township	LBI Real Estate Market Update	$1,649,000
New Active	NJOC2029248	510 N Bay Ave #102	Beach Haven	LBI Real Estate Market Update	$819,500
New Active	NJOC2029144	1013-A Long Beach	Long Beach Township	LBI Real Estate Market Update	$1,839,000
New Active	NJOC2029272	119 N 17th St	Surf City	LBI Real Estate Market Update	$2,399,000
Price Decrease	NJOC2027984	18 W Alabama	Long Beach Township	LBI Real Estate Market Update	$1,574,999
Active Under Contract	NJOC2028252	2105 Central Ave	Barnegat Light	LBI Real Estate Market Update	$975,000
Active Under Contract	NJOC2028202	270 16th St W	Ship Bottom	LBI Real Estate Market Update	$2,650,000
Pending	NJOC2023214	242 W 15th #2	Ship Bottom	LBI Real Estate Market Update	$675,000
Pending	NJOC2029108	101 W 9th St #102	Ship Bottom	LBI Real Estate Market Update	$895,000
Pending	NJOC2028236	266 N 1st St	Surf City	LBI Real Estate Market Update	$2,195,000
Pending	NJOC2026940	7 W Ryerson Ln	Long Beach Township	LBI Real Estate Market Update	$3,579,000
Closed	NJOC2027530	310 S West Ave #B2	Beach Haven	LBI Real Estate Market Update	$985,000
Closed	NJOC2026132	32 W New York	Long Beach Township	LBI Real Estate Market Update	$1,575,000

The activity in the LBI real estate market was spread over new listings, pending sales, and sold homes. Today, there was a good balance of new listings and pending sales, but one more pending sale resulted in a loss of inventory. Buyers are still very active and new inventory is moving in the market. If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.