Long Beach Island Real Estate Sales Market Update Saturday May 27th 2023

High Tides Digital Marketing
May 27, 2023
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for Saturday May 27th 2023

Long Beach Island Real Estate Sales Market Update Saturday May 27th 2023

Memorial Weekend is in full effect with lots of people visiting Long Beach Island. The LBI real estate market was, expectedly, slow today for pending sales as real estate is most likely not on the forefront of many people's minds this weekend! There were many showings throughout the LBI real estate market, but it is doubtful that we will see much transact until next week. Activity was as follows for today:

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

LBI Real Estate Daily Market Update Saturday May 27th 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
Coming Soon	NJOC2018818	907 N Central Ave	Surf City	$1,100,000
New Active	NJOC2018814	12900 Long Beach	Long Beach Township	$575,000
New Active	NJOC2018670	218 Coral St #1	Beach Haven	$1,050,000
New Active	NJOC2018798	16 W 23rd Street	Barnegat Light	$1,100,000
New Active	NJOC2018538	333 N 8th St	Surf City	$1,549,000
New Active	NJOC2018514	55 W Holly Dr	Long Beach Township	$1,799,000
Price Decrease	NJOC2017162	200 E 26th	Long Beach Township	$1,795,000
Withdrawn	NJOC2016840	110 W 18th St	Long Beach Township	$1,300,000
Withdrawn	NJOC2016642	110 W 18th St	Long Beach Township	$1,300,000

As I mentioned above, activity was slow for everything apart from new listings. This reverses the activity we have seen for the past few days with a higher number of pending sales and closed transactions in the Long Beach Island real estate market. These trends speak to the balance we see on LBI with a roughly equal number of new listings and pending sales each week. If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.