Long Beach Island Real Estate Weekly Sales Update 1/29/2019-2/3/2019
- High Tides Digital Marketing
- Feb 4, 2019
- 7 min read
Long Beach Island Real Estate Weekly Sales Update 1/29/2019-2/3/2019
Long Beach Island Real Estate
Long Beach Island Real Estate Weekly Sales Update 1/29/2019-2/3/2019: The LBI real estate market saw a total of 100 changes over the last week. This makes this week the most active since 2019 began. This included new listings, price changes, sold listings, etc. To help understand the dynamics of the LBI real estate market I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. There was quite a bit of activity in the new listing category which make sense since February is usually a very strong month for new inventory coming on the market. In this week's update you will find the Long Beach Island Real Estate Weekly Sales Update 1/29/2019-2/3/2019. You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:
33 new listings entered the market with an average price of $1,246,000 (rounded)
11 listings went under contact with an average price of about $1,040,000 (rounded)
7 properties sold on Long Beach Island with an average price of $770,000 (rounded)
21 listings were either withdrawn of expired in the LBI real estate market
Long Beach Island Real Estate Weekly Sales Update 1/29/2019-2/3/2019
Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW means it is a new or re-listed home, DOWN means the price was reduced, "P" means the property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired). Note this is for single family homes, condos, duplexes and commercial real estate listed by all local Long Beach Island real estate agencies.
Property Type | Chg Type | MLS# | Street Number | Street Name | Municipality | Current Price | Beds Total | Baths Full | Baths Half | Sq Ft Total | DOM |
RNT | NEW | 4060292 | 369 | 8th | Ship Bottom | $2,800 | 3 | 2 | 0 | 1,226 | 3 |
RES | NEW | 4060201 | Unit 6 700 | Broadway | Barnegat Light | $299,900 | 2 | 1 | 1 | 915 | 7 |
RES | NEW | 4060186 | 5608 | Ocean | Long Beach Twp | $339,000 | 2 | 1 | 0 | 728 | 4 |
RES | NEW | 4060310 | 7301 | Long Beach | Long Beach Twp | $494,000 | 2 | 2 | 0 | 1,296 | 2 |
RES | NEW | 4060223 | 2108 | Bay | Beach Haven Borough | $499,000 | 3 | 1 | 1 | 1,032 | 6 |
RES | NEW | 4060315 | 312 | Drexel | Ship Bottom | $519,900 | 3 | 2 | 0 | 1,300 | 2 |
RES | NEW | 4060262 | 15 | Mea | Long Beach Twp | $549,000 | 4 | 2 | 0 | 1,500 | 5 |
MUL | NEW | 4060244 | 15 | Mea | Long Beach Twp | $549,000 | 0 | 0 | 0 | 1,500 | 5 |
RES | NEW | 4060243 | 7 | 16th | Barnegat Light | $625,000 | 2 | 2 | 0 | 1,800 | 0 |
RES | NEW | 4058930 | 5 | 29th | Long Beach Twp | $645,000 | 3 | 2 | 0 | 996 | 2 |
MUL | NEW | 4060324 | 2 | Oceanview | Long Beach Twp | $700,000 | 0 | 0 | 0 | 3,200 | 2 |
RES | NEW | 4060222 | 21 | Winifred (79th) | Long Beach Twp | $725,000 | 4 | 2 | 0 | 1,791 | 6 |
LND | NEW | 4060340 | 108 | 30th | Ship Bottom | $824,900 | 0 | 0 | 0 | 1,656 | 2 |
RES | NEW | 4060307 | 108 | 30th | Ship Bottom | $824,900 | 4 | 3 | 0 | 1,656 | 2 |
RES | NEW | 4060280 | 164 B | Long Beach | Long Beach Twp | $879,000 | 5 | 3 | 1 | 2,210 | 4 |
RES | NEW | 4060344 | 8601 | Jamaica | Harvey Cedars | $949,000 | 3 | 2 | 0 | 1,500 | 0 |
LND | NEW | 4060341 | 8601 | Jamaica | Harvey Cedars | $949,000 | 0 | 0 | 0 | 1,500 | 0 |
RES | NEW | 4060321 | 3 | Arts | Long Beach Twp | $985,000 | 2 | 1 | 1 | 1,264 | 1 |
RES | NEW | 4060231 | 210 | 6th | Beach Haven Borough | $989,000 | 5 | 2 | 0 | 1,700 | 5 |
RES | NEW | 4060270 | 1601 | Long Beach | Long Beach Twp | $999,950 | 4 | 3 | 1 | 2,360 | 4 |
RES | NEW | 4060242 | 199 | Nautilus | Long Beach Twp | $1,099,000 | 5 | 4 | 0 | 2,710 | 2 |
RES | NEW | 4060329 | 18 | Lange | Harvey Cedars | $1,100,000 | 5 | 4 | 0 | 2,604 | 1 |
RES | NEW | 4060323 | 10 | 79th | Harvey Cedars | $1,350,000 | 4 | 2 | 0 | 1,950 | 2 |
RES | NEW | 4060319 | 323 | Liberty | Beach Haven Borough | $1,575,000 | 4 | 3 | 1 | 2,500 | 2 |
RES | NEW | 4060308 | 402 | Central | Barnegat Light | $1,599,000 | 3 | 2 | 1 | 2,102 | 2 |
RES | NEW | 4060229 | 13 | Auburn | Long Beach Twp | $1,775,900 | 6 | 5 | 2 | 5,000 | 2 |
RES | NEW | 4060330 | 411 | Ocean | Ship Bottom | $2,199,000 | 4 | 2 | 1 | 2,000 | 1 |
RES | NEW | 4060266 | 805 | Atlantic | Beach Haven Borough | $2,299,000 | 4 | 2 | 1 | 2,100 | 3 |
RES | NEW | 4060264 | 3301 | Long Beach | Long Beach Twp | $2,300,000 | 5 | 5 | 0 | 2,722 | 8 |
RES | NEW | 4060146 | 4003 | Long Beach | Long Beach Twp | $2,699,000 | 6 | 3 | 1 | 2,892 | 4 |
RES | NEW | 4060207 | 52G | Long Beach | Long Beach Twp | $2,995,000 | 7 | 5 | 1 | 5,272 | 2 |
LND | NEW | 4060188 | 10 | Sixth | Beach Haven Borough | $3,400,000 | 0 | 0 | 0 | 3,250 | 8 |
RES | NEW | 4060187 | 10 | Sixth | Beach Haven Borough | $3,400,000 | 6 | 3 | 1 | 3,250 | 8 |
RES | BOM | 4053723 | 284 | 18th | Ship Bottom | $559,900 | 5 | 2 | 0 | 2,188 | 144 |
RES | BOM | 4051393 | 3 E | 16th | Barnegat Light | $890,000 | 3 | 2 | 0 | 0 | 182 |
RES | DOWN | 4050159 | 8 | W. 28th | Barnegat Light | $639,000 | 3 | 1 | 0 | 1,128 | 214 |
RES | DOWN | 4053386 | 125 | 6th | Beach Haven Borough | $699,000 | 4 | 2 | 0 | 1,536 | 160 |
RES | DOWN | 4055181 | 11 | Louisiana | Long Beach Twp | $775,000 | 4 | 1 | 1 | 1,144 | 124 |
LND | DOWN | 4055168 | 11 | Louisiana | Long Beach Twp | $775,000 | 0 | 0 | 0 | 0 | 124 |
RES | DOWN | 4050084 | 608 | Beach | Beach Haven Borough | $825,000 | 4 | 2 | 0 | 1,800 | 187 |
RES | DOWN | 4058982 | 100 | 21st | Long Beach Twp | $899,000 | 5 | 3 | 1 | 3,360 | 18 |
RES | DOWN | 4051793 | 228 | 27th | Ship Bottom | $975,000 | 4 | 2 | 0 | 1,320 | 183 |
MUL | DOWN | 4051923 | 228 | 27th | Ship Bottom | $975,000 | 0 | 0 | 0 | 1,320 | 183 |
MUL | DOWN | 4058688 | 21 | 3rd | Surf City | $1,029,000 | 0 | 0 | 0 | 1,632 | 31 |
RES | DOWN | 4058160 | 17 | 20th | Barnegat Light | $1,047,000 | 4 | 3 | 1 | 2,417 | 72 |
RES | DOWN | 4053204 | 140 | Long Beach | Long Beach Twp | $1,199,000 | 4 | 3 | 1 | 2,910 | 70 |
RES | DOWN | 4020131 | 73 | Sunset | Long Beach Twp | $1,800,000 | 4 | 4 | 1 | 3,700 | 627 |
RES | DOWN | 4051895 | 402 | Jefferis | Beach Haven Borough | $1,990,000 | 6 | 4 | 2 | 4,244 | 181 |
RES | DOWN | 4058087 | 124 | Colorado | Long Beach Twp | $2,899,900 | 4 | 3 | 1 | 2,859 | 69 |
RES | DOWN | 4048123 | 2100 | West | Beach Haven Borough | $3,200,000 | 6 | 4 | 2 | 4,244 | 258 |
RES | UP | 4051772 | 12 | 3rd | Barnegat Light | $1,279,000 | 4 | 3 | 1 | 2,400 | 186 |
RES | K | 4058894 | 101 | Engleside | Beach Haven Borough | $679,000 | 3 | 2 | 0 | 1,300 | 21 |
RES | K | 4058511 | 320 | 4th | Ship Bottom | $1,195,000 | 5 | 2 | 0 | 2,380 | 39 |
RES | K | 4056893 | 209 | 20th | Long Beach Twp | $1,500,000 | 3 | 1 | 1 | 1,314 | 87 |
RES | P | 4051909 | 416 | Boulevard 2nd | Ship Bottom | $379,000 | 3 | 1 | 0 | 1,010 | 113 |
RES | P | 4058705 | 214 | 18th | Surf City | $449,000 | 2 | 1 | 1 | 966 | 23 |
RES | P | 4053269 | 100 | Pennsylvania | Long Beach Twp | $799,900 | 4 | 2 | 1 | 1,760 | 163 |
RES | P | 4047447 | 1100A North Beach | LBB | Long Beach Twp | $829,000 | 3 | 2 | 0 | 1,683 | 283 |
RES | P | 4058707 | 1 | Marshall | Long Beach Twp | $899,999 | 4 | 2 | 1 | 2,264 | 28 |
RES | P | 4058870 | 128 | Harmony | Long Beach Twp | $1,125,000 | 4 | 2 | 1 | 2,340 | 19 |
RES | P | 4060296 | 8 | Roosevelt | Long Beach Twp | $1,295,000 | 4 | 3 | 1 | 2,040 | 21 |
RES | P | 4058543 | 9322 | Mark | Long Beach Twp | $2,295,000 | 4 | 4 | 1 | 3,076 | 0 |
RES | W | 4055285 | 108 | 30th | Ship Bottom | $824,900 | 4 | 3 | 0 | 1,656 | 117 |
RES | W | 4055203 | 8601 | Jamaica | Harvey Cedars | $999,000 | 3 | 2 | 0 | 1,500 | 123 |
LND | W | 4056731 | 8601 | Jamaica | Harvey Cedars | $999,000 | 0 | 0 | 0 | 1,500 | 123 |
RES | W | 4047897 | 1601 | Long Beach | Long Beach Twp | $999,995 | 4 | 3 | 1 | 2,360 | 198 |
RES | W | 4055045 | 323 | Liberty | Beach Haven Borough | $1,575,000 | 4 | 3 | 1 | 2,500 | 128 |
RES | V | 4056900 | 244 | 12th | Ship Bottom | $899,000 | 4 | 3 | 1 | 2,184 | 79 |
RES | V | 4051859 | 346 | 15th | Ship Bottom | $999,000 | 4 | 2 | 1 | 2,775 | 174 |
RES | V | 4053537 | 199 | Nautilus | Long Beach Twp | $1,099,000 | 5 | 4 | 0 | 2,710 | 109 |
RES | V | 4052954 | 88 | Bayview | Long Beach Twp | $1,699,000 | 6 | 3 | 3 | 2,868 | 163 |
RES | V | 4050071 | 463 | Schoderer | Surf City | $1,699,000 | 4 | 2 | 1 | 2,753 | 209 |
RES | C | 4045757 | 1100 | Bay | Beach Haven Borough | $405,000 | 2 | 2 | 0 | 926 | 278 |
LND | C | 4058888 | 8 | Scott | Long Beach Twp | $500,000 | 0 | 0 | 0 | 0 | 3 |
RES | C | 4054981 | 12 | Janet | Long Beach Twp | $550,000 | 3 | 1 | 0 | 950 | 76 |
RES | C | 4058111 | 14 | 11th | Barnegat Light | $550,000 | 2 | 2 | 0 | 1,400 | 73 |
RES | C | 4053301 | 6 | Cape Cod | Long Beach Twp | $635,000 | 5 | 2 | 0 | 1,800 | 29 |
RES | C | 4050254 | 270 | 7th | Ship Bottom | $636,000 | 4 | 2 | 2 | 1,600 | 185 |
RES | C | 4060108 | 116 | 22 | Surf City | $726,500 | 3 | 2 | 0 | 1,152 | |
RES | C | 4049339 | 3802 | Long Beach | Long Beach Twp | $950,000 | 4 | 3 | 1 | 2,766 | 184 |
RES | C | 4053753 | 114 | 6th | Beach Haven Borough | $950,000 | 4 | 2 | 1 | 2,200 | 116 |
RES | C | 4053864 | 6201 | Long Beach | Harvey Cedars | $953,000 | 4 | 2 | 0 | 2,088 | 117 |
RES | C | 4053872 | 18 | Harmony | Long Beach Twp | $1,042,807 | 4 | 2 | 1 | 2,245 | 56 |
RES | C | 4058247 | 18 | 48th | Long Beach Twp | $1,350,000 | 5 | 3 | 1 | 2,200 | 28 |
RES | X | 4053519 | 102 | Roosevelt | Long Beach Twp | $37,500 | 0 | 0 | 0 | 0 | 170 |
RES | X | 4016690 | 17 | 76th | Harvey Cedars | $174,900 | 3 | 2 | 0 | 1,000 | 733 |
LND | X | 4053517 | 17 | Pershing | Long Beach Twp | $585,000 | 0 | 0 | 0 | 0 | 170 |
RES | X | 4028303 | 20 | 80th | Harvey Cedars | $625,999 | 3 | 2 | 0 | 1,154 | 622 |
RES | X | 4051924 | 3 | 6th | Barnegat Light | $689,000 | 6 | 2 | 0 | 1,936 | 177 |
MUL | X | 4052948 | 3 | 6th | Barnegat Light | $689,000 | 0 | 0 | 0 | 1,936 | 177 |
RES | X | 4055172 | 101 | Mermaid | Long Beach Twp | $995,000 | 5 | 2 | 1 | 2,402 | 121 |
RES | X | 4051360 | 10 | 79th | Harvey Cedars | $1,379,000 | 4 | 2 | 0 | 1,950 | 203 |
RES | X | 4037705 | 10-F | Long Beach | Long Beach Twp | $2,995,000 | 6 | 3 | 0 | 3,060 | 396 |
RES | X | 4051825 | 5419-E | Long Beach | Harvey Cedars | $3,199,000 | 5 | 4 | 1 | 3,094 | 183 |
RES | X | 4051563 | 10 | Sixth | Beach Haven Borough | $3,400,000 | 6 | 3 | 1 | 3,250 | 177 |
LND | X | 4055057 | 10 | Sixth | Beach Haven Borough | $3,400,000 | 0 | 0 | 0 | 3,250 | 177 |
RES | X | 4047640 | 1064E | Long Beach | Long Beach Twp | $3,795,000 | 5 | 4 | 1 | 3,630 | 178 |
RES | X | 4037707 | 10-E & F | Long Beach Boulevard | Long Beach Twp | $3,899,000 | 6 | 3 | 0 | 3,060 | 396 |
RES | X | 4037706 | 10-B-F | Long Beach Boulevard | Long Beach Twp | $5,995,000 | 6 | 3 | 0 | 3,060 | 396 |
RES | X | 4045554 | 7-A | Long Beach | Long Beach Twp | $11,200,000 | 14 | 8 | 0 | 7,633 | 224 |
Long Beach Island Real Estate Sales Analysis
This was a busy week in the LBI real estate market! There were a higher than average number of new listings on the market. While this is common for this time of year, it helps buyers who have been facing low inventory levels. The average sales price was considerably lower than we usually see at only $770,000. This marks the second week in a row that the average price of a sale has been under $1,000,000. As 2019 moves along we are seeing fewer homes under contact than a year ago however activity has remained strong overall. For more information about buying, selling or investment in the Long Beach Island real estate market or about Long Beach Island Real Estate Weekly Sales Update 1/29/2019-2/3/2019 please do not hesitate to contact me.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
