Spray Beach Real Estate Sales 2020

High Tides Digital Marketing
Sep 22, 2024
3 min read

Spray Beach New Jersey 2020 LBI Real Estate Market Sales

Spray Beach Real Estate Home Sales

The Spray Beach real estate market, like the rest of the LBI real estate market, saw a significant increase in home sales activity in 2020. This activity was largely fueled by the uncertainties of COVID-19, which triggered enormous interest in buying a home in the Long Beach Island real estate market. In total, there were 17 sales in the Spray Beach real estate market in 2020, more than twice the number of sales of the preceding year! The average price of a home was $1,339,219, with an average time on the market of 94 days. On average, homes sold for 96.7% of their asking price.

Spray Beach Real Estate Sales 2020

Below is a breakdown of all sold single-family homes in the Spray Beach real estate market in 2020.

MLS #	Address	City	Section	Area	Price
NJOC393384	110 E 24th Street	Long Beach Township	Spray Beach	LBI Real Estate Market	$790,000
NJOC397470	2517 Long Beach Blvd S #2	Long Beach Township	Spray Beach	LBI Real Estate Market	$822,500
NJOC393794	25 Anderson Drive	Long Beach Township	Spray Beach	LBI Real Estate Market	$848,500
NJOC399374	2517 Long Beach Blvd S #3	Long Beach Township	Spray Beach	LBI Real Estate Market	$883,500
NJOC397468	2517 Long Beach Blvd S #1	Long Beach Township	Spray Beach	LBI Real Estate Market	$899,900
NJOC394448	4 E 24th St	Long Beach Township	Spray Beach	LBI Real Estate Market	$1,090,000
NJOC386842	8 23rd St	Long Beach Township	Spray Beach	LBI Real Estate Market	$1,099,000
NJOC397286	2422 Long Beach	Long Beach Township	Spray Beach	LBI Real Estate Market	$1,130,000
NJOC399496	10 E 21st	Long Beach Township	Spray Beach	LBI Real Estate Market	$1,149,000
NJOC393728	13 E 23rd St	Long Beach Township	Spray Beach	LBI Real Estate Market	$1,290,000
NJOC394136	212 E 25th St	Long Beach Township	Spray Beach	LBI Real Estate Market	$1,300,000
NJOC399062	19 E 21st	Long Beach Township	Spray Beach	LBI Real Estate Market	$1,500,000
NJOC397460	101 E 23rd St	Long Beach Township	Spray Beach	LBI Real Estate Market	$1,600,000
NJOC393732	123 E 27th	Long Beach Township	Spray Beach	LBI Real Estate Market	$1,700,000
NJOC401944	119 E 26th	Long Beach Township	Spray Beach	LBI Real Estate Market	$1,900,000
NJOC387472	2410 Atlantic Ave	Long Beach Township	Spray Beach	LBI Real Estate Market	$2,025,000
NJOC386798	2611 Atlantic Ave	Long Beach Township	Spray Beach	LBI Real Estate Market	$2,297,500

Spray Beach Real Estate Sales Analysis

COVID has had a major impact on the Long Beach Island NJ real estate sales price. Demand and prices both jumped in 2020 from the prior year. There was a roughly 1.5%decrease in the difference between listing price and sales price, which shows us that sellers are demanding more for their homes...and they are getting it. The Spray Beach real estate market saw a major jump thanks to the popularity of the area and the high demand for homes on Long Beach Island. For more information about buying, selling or investing in the Long Beach Island real estate market or about Spray Beach Real Estate Sales 2020 please do not hesitate to contact me.