Ship Bottom Real Estate Sales 2023
- High Tides Digital Marketing
- Aug 8, 2024
- 3 min read
Ship Bottom New Jersey 2023 LBI Real Estate Market Sales
Ship Bottom Real Estate Home Sales
The Ship Bottom NJ real estate sales market showed interesting activity in 2023. While prices increased, there was not as much of an increase as the prior few years, and there was more negotiation between the listing price and the sales price of a home. These trends have replicated themselves in other parts of the Long Beach Island real estate market. In total, there were 38 closed single-family homes in 2023, making Ship Bottom one of the most active parts of the LBI real estate market. The average price of a home was $1,395,211, and homes sold for 97.7% of their listing price. Homes spent about 44 days on the market.
Ship Bottom Real Estate Sales 2023
Below is a breakdown of all sold single-family homes in the Ship Bottom real estate market in 2023.
MLS # | Address | City | Area | Price |
NJOC2022382 | 232 W 17th St | $560,000 | ||
NJOC2015924 | 2702-Long Beach Blvd | Ship Bottom | LBI Real Estate Market | $615,000 |
NJOC2017552 | 2012 E Bay Ter | Ship Bottom | LBI Real Estate Market | $650,000 |
NJOC2020448 | 111 E 28th | Ship Bottom | LBI Real Estate Market | $685,000 |
NJOC2015640 | 405 Central Ave | Ship Bottom | LBI Real Estate Market | $790,000 |
NJOC2014802 | 315 W 7th St | Ship Bottom | LBI Real Estate Market | $795,000 |
NJOC2021308 | 114 E 23rd St #11 | Ship Bottom | LBI Real Estate Market | $849,000 |
NJOC2019250 | 364 W 7th St | Ship Bottom | LBI Real Estate Market | $849,000 |
NJOC2014978 | 110 E 23rd St | Ship Bottom | $850,000 | |
NJOC2020838 | 376 W 5th St | Ship Bottom | LBI Real Estate Market | $875,000 |
NJOC2018052 | 234 W 10th St | Ship Bottom | LBI Real Estate Market | $890,000 |
NJOC2015568 | 102 W 26th St | Ship Bottom | LBI Real Estate Market | $900,000 |
NJOC2015442 | 2320 Central Ave | Ship Bottom | LBI Real Estate Market | $900,000 |
NJOC2019376 | 210 W 15th St | Ship Bottom | LBI Real Estate Market | $910,000 |
NJOC2014086 | 1220 Central Ave | Ship Bottom | LBI Real Estate Market | $980,000 |
NJOC2017358 | 228 W 6th St | Ship Bottom | LBI Real Estate Market | $999,999 |
NJOC2020880 | 334 W 5th St | Ship Bottom | LBI Real Estate Market | $1,100,000 |
NJOC2018928 | 1603 Barnegat Ave | Ship Bottom | LBI Real Estate Market | $1,140,000 |
NJOC2016654 | 321 W 4th St | Ship Bottom | $1,240,000 | |
NJOC2017266 | 206 W 18th St | Ship Bottom | LBI Real Estate Market | $1,260,000 |
NJOC2020192 | 284 W 18th St | Ship Bottom | LBI Real Estate Market | $1,280,000 |
NJOC2021660 | 12 Roberts Dr | Ship Bottom | LBI Real Estate Market | $1,350,000 |
NJOC2020546 | 220 W 4th St | Ship Bottom | LBI Real Estate Market | $1,350,000 |
NJOC2014506 | 1926 W Bay Ter | Ship Bottom | LBI Real Estate Market | $1,500,000 |
NJOC2018560 | 381 W 11th St | Ship Bottom | LBI Real Estate Market | $1,625,000 |
NJOC2016770 | 127 E 18th St | Ship Bottom | LBI Real Estate Market | $1,875,000 |
NJOC2013498 | 1817 Ocean Ave | Ship Bottom | LBI Real Estate Market | $1,880,000 |
NJOC2016830 | 248 W 27th St | LBI Real Estate Market | $1,925,000 | |
NJOC2013174 | 107 W 15th St | Ship Bottom | LBI Real Estate Market | $1,950,000 |
NJOC2020064 | 303 W 4th St | Ship Bottom | LBI Real Estate Market | $2,000,000 |
NJOC2018722 | 321 W 16th St | Ship Bottom | LBI Real Estate Market | $2,075,000 |
NJOC2017890 | 124 E 12th St | Ship Bottom | LBI Real Estate Market | $2,100,000 |
NJOC2018320 | 342 W 6th St | LBI Real Estate Market | $2,100,000 | |
NJOC2013242 | 304 W 21st St | Ship Bottom | LBI Real Estate Market | $2,100,000 |
NJOC2015712 | 248 W 10th St | Ship Bottom | LBI Real Estate Market | $2,150,000 |
NJOC2016436 | 275 W 27th St | Ship Bottom | LBI Real Estate Market | $2,395,000 |
NJOC2019832 | 261 W 19th St | Ship Bottom | LBI Real Estate Market | $2,400,000 |
NJOC2017536 | 129 E 31st St | Ship Bottom | LBI Real Estate Market | $3,125,000 |
Ship Bottom Real Estate Sales Analysis
Compared to 2022, the average price of a single-family home increased by about $100,000 or about 7%. This is still a large increase, but smaller than the increase we saw in 2021 to 2022. Inventory remains low, but there was consistency in the number of sales over the past two years. Taken as a whole, 2023 showed a return to some normalcy in the LBI real estate market, but prices still rose, inventory is low, and demand is still soaring. The LBI real estate market echos these trends, with buyers being more cautious but still very eager to buy a home on Long Beach Island! For more information about buying, selling or investing in the Long Beach Island real estate market or about Ship Bottom Real Estate Sales 2023 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
