Ship Bottom Real Estate Sales 2022
- High Tides Digital Marketing
- Aug 8, 2024
- 3 min read
Ship Bottom New Jersey 2022 LBI Real Estate Market Sales
Ship Bottom Real Estate Home Sales
The Ship Bottom real estate market saw two dramatic changes in 2022 as compared to 2021. The number of sales dropped significantly and the average price increased greatly. The drop off in sales is not surprising as the number of homes for sale in the LBI real estate market has fallen to near historic lows. With fewer homes for sale in the Long Beach Island real estate market, it makes sense that prices will rise as demand is still very strong. The average price of a single-family home was $1,305,326, and homes spent an average of 62 days on the market. Homes sold for 98% of their asking price on average. There were a total of 38 sold single-family homes in the Ship Bottom real estate market in 2021 and about 60 total sales when adding in condos, duplexes, and other property types.
Ship Bottom Real Estate Sales 2022
Below is a breakdown of all sold single-family homes in the Ship Bottom real estate market in 2022.
MLS # | Address | City | Area | Price |
NJOC408542 | 1817 Central Ave | Ship Bottom | LBI Real Estate Market | $700,000 |
NJOC2012202 | 127 E 27th St | Ship Bottom | LBI Real Estate Market | $735,000 |
NJOC2008632 | 238 W 13th St | Ship Bottom | LBI Real Estate Market | $750,000 |
NJOC2003122 | 107 W 18th St | Ship Bottom | LBI Real Estate Market | $755,000 |
NJOC2002682 | 101 E 27th St | Ship Bottom | LBI Real Estate Market | $785,000 |
NJOC2000005 | 111 E 26th St | Ship Bottom | LBI Real Estate Market | $800,000 |
NJOC2006216 | 111 E 29th St | Ship Bottom | LBI Real Estate Market | $859,900 |
NJOC2003086 | 283 W 18th St | Ship Bottom | LBI Real Estate Market | $870,000 |
NJOC2000191 | 1707 Barnegat Ave | Ship Bottom | LBI Real Estate Market | $875,000 |
NJOC2005454 | 1308 Central Ave | Ship Bottom | LBI Real Estate Market | $899,000 |
NJOC2012388 | 901 Ocean Front Ave #927 | Ship Bottom | LBI Real Estate Market | $900,000 |
NJOC2003236 | 248 W 10th St | Ship Bottom | LBI Real Estate Market | $905,000 |
NJOC2009430 | 363 W 6th St | Ship Bottom | LBI Real Estate Market | $931,000 |
NJOC2008170 | 1302-1306 SE Barnegat Ave | Ship Bottom | LBI Real Estate Market | $946,000 |
NJOC2012844 | 612 Shore Ave | Ship Bottom | LBI Real Estate Market | $975,000 |
NJOC2013908 | 205 W 27th St | Ship Bottom | LBI Real Estate Market | $979,000 |
NJOC2009088 | 2601 Long Beach Blvd | Ship Bottom | LBI Real Estate Market | $999,999 |
NJOC2010412 | 265 W 12th St | Ship Bottom | LBI Real Estate Market | $1,105,000 |
NJOC2012294 | 1102 Barnegat Ave | Ship Bottom | LBI Real Estate Market | $1,235,000 |
NJOC2006554 | 1712 Barnegat Ave | Ship Bottom | LBI Real Estate Market | $1,249,000 |
NJOC2004596 | 245 W 19th St | Ship Bottom | LBI Real Estate Market | $1,256,500 |
NJOC2010462 | 1805 Bay Ter | Ship Bottom | LBI Real Estate Market | $1,400,000 |
NJOC2010788 | 300 W 19th St | Ship Bottom | LBI Real Estate Market | $1,450,000 |
NJOC2009206 | 237 W 27th St | Ship Bottom | LBI Real Estate Market | $1,499,000 |
NJOC2012656 | 129 E 26th St | Ship Bottom | LBI Real Estate Market | $1,525,000 |
NJOC2004934 | 100 W Ship Bottom Ave | Ship Bottom | LBI Real Estate Market | $1,550,000 |
NJOC2012874 | 1937 W Bay Ter | Ship Bottom | LBI Real Estate Market | $1,599,000 |
NJOC2010016 | 2109 Bay E | Ship Bottom | LBI Real Estate Market | $1,600,000 |
NJOC2010674 | 405 Barnegat Ave | Ship Bottom | LBI Real Estate Market | $1,602,000 |
NJOC2005962 | 268 W 17th St | Ship Bottom | LBI Real Estate Market | $1,750,000 |
NJOC409728 | 213 W 23rd St | Ship Bottom | LBI Real Estate Market | $1,789,000 |
NJOC2009662 | 2514 Central Ave | Ship Bottom | LBI Real Estate Market | $1,899,000 |
NJOC2013206 | 122 E 29th St | Ship Bottom | LBI Real Estate Market | $1,925,000 |
NJOC2006418 | 2421 Long Beach Blvd | Ship Bottom | LBI Real Estate Market | $1,944,000 |
NJOC2009194 | 109 W 11th St | Ship Bottom | LBI Real Estate Market | $1,975,000 |
NJOC2007828 | 129 E 5th St | Ship Bottom | LBI Real Estate Market | $2,000,000 |
NJOC409382 | 261 W 19th St | Ship Bottom | LBI Real Estate Market | $2,015,000 |
NJOC2000552 | 2011 E Bay Ter | Ship Bottom | LBI Real Estate Market | $2,570,000 |
Ship Bottom Real Estate Sales Analysis
Compared to 2021, the average price of a home increased by about $200,000. This is a dramatic increase from the prior year and highlights the strength of the Long Beach Island real estate market. Demand was very high in 2022 throughout Long Beach Island, leading to decreased inventory levels. With fewer homes on the market and demand still strong, prices are likely to increase throughout the LBI real estate market. For more information about buying, selling or investing in the Long Beach Island real estate market or about Ship Bottom Real Estate Sales 2022 please do not hesitate to contact me.
By : Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
