Long Beach Island (LBI) Bayfront Sales Statistics

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Willy Kahl, Waterfront Specialist—RE/MAX of LBI Long Beach Island Single Family Bayfront Sales Spreadsheet and Charts for 2009 Bayfront Sales Spreadsheet TOWN SOUTH

ADDRESS

DATE SOLD

N. BEACH HAVEN

1507 Eagleswood 9/18/09 (15th St) BEACH HAVEN GAR- 100 W. South 33rd St. 9/909 DENS HAVEN BEACH 35 W Mississippi Ave 8/3/09 (116th) HAVEN BEACH 11412 Sunset Terrace 12/18/09

LIST PRICE $

SELL SELL$/ FEET PRICE $ LIST$ WTR

AGE

ASSESS BUILD $

ASSESS LAND $

ASSESS TOTAL$

SELL$/ #BEDR. #BATH ASSESS$

1,395,000

1,245,000

89%

50

45

121,700

615,000

736,700

1.69

5.00

3.50

850,000

850,000

100%

60

29

132,700

693,000

825,700

1.03

4.00

2.00

2,699,000

2,575,000

95%

270

45

131,100

1,343,000

1,474,100

1.75

5.00

3.00

71

58

86,700

955,900

1,042,600

0.95

4.00

2.00

1,099,000

990,000

90%

11/6/09

1,150,000

1,065,000

93%

50

54

106,200

790,000

896,200

1.19

4.00

2.00

BEACH HAVEN PARK 30 Hideaway Drive

6/1/09

3,595,000

3,150,000

88%

189

9

2,283,600

1,380,700

3,664,300

0.86

5.00

6.00

BEACH HAVEN PARK 24 Hideaway Dr.

10/7/09

2,995,000

2,750,000

92%

60

1

915,100

1,380,700

2,295,800

1.20

5.00

6.00

206 W. Kimberly Ave 7/30/09 (59th) 8 SOLD IN SOUTH

1,595,000

1,400,000

88%

55

7

340,300

829,500

1,169,800

1.20

5.00

2.00

1,922,250 1,753,125 91%

101

31

514,675

998,475

1,513,150

1.16

4.63

3.31

HAVEN BEACH

BRANT BEACH 2009 AVG

11304 Sunset terrace

CENTER SHIP BOTTOM

11 Robert Dr.

1/23/09

800,000 100%

65

23

296,000

637,000

933,000

0.86

4.00

2.50

SHIP BOTTOM

601 Shore Ave

12/4/09

2,495,000 1,850,000 74%

799,999

133

7

1,095,500

1,318,300

2,413,800

0.77

5.00

6.50

SURF CITY

440 N. 3rd St.

5/15/09

1,499,000 1,310,000 87%

84

26

348,400

913,400

1,261,800

1.04

4.00

3.00

3 SOLD IN

CENTER

1,598,000 1,320,000 83%

94

19

579,967

956,233

1,536,200

0.86

4.33

4.00

HARVEY CEDARS

5506B Holly Ave

7/24/09

2,175,000 1,900,000 87%

50

21

500,000

1,353,800

1,853,800

1.02

4.00

3.50

HARVEY CEDARS

8402 Bay Terrace

4/30/09

1,699,000 1,450,000 85%

150

59

264,900

1,821,500

2,086,400

0.69

4.00

3.00

HARVEY CEDARS

8602 Jamaica Lane

7/13/09

1,800,000 1,800,000 100%

138

44

391,200

1,948,000

2,339,200

0.77

4.00

3.00

LOVELADIES

360 Dusty Miller Dr.

12/11/09

1,679,000 1,684,000 100%

100

37

70,500

813,800

884,300

1.90

4.00

2.00

66 Adrian Rd.

5/14/09

2,195,000 1,900,000 87%

210

14

268,700

966,000

1,234,700

1.54

5.00

4.00

2009 AVG NORTH

HIGH BAR HARBOR 2009 AVG

5 SOLD IN

NORTH

1,909,600 1,746,800 91%

130

35

299,060

1,380,620

1,679,680

1.04

4.20

3.10

2009 AVG LBI

16 SOLD IN

2009

1,857,500 1,669,938 90%

108

30

459,538

1,109,975

1,569,513

1.06

4.44

3.38

 Copyright 2010 Willy Kahl, lbisales.com, All Rights Reserved. All Statistics are deemed reliable but not guaranteed. Data was retrieved from the Greater N.J. Regional Multiple Listing Service Computer. This newsletter data is an exclusive publication and cannot be reproduced without prior written permission from Willy Kahl.


Willy Kahl, Waterfront Specialist—RE/MAX of LBI Long Beach Island Single Family Bayfront Sales Spreadsheet and Charts for 2009 Bayfront Average Sales Price 2004

2005

2006

2007

2008

2009

1,891,641

1,693,273

1,594,286

1,507,375

1,660,429

1,753,125

963,778

535,000

1,150,000

1,085,000

1,200,000

1,320,000

NORTH

1,824,167

3,502,778

2,052,842

2,899,333

2,298,878

1,746,800

AVG. Price

1,575,763

2,413,619

1,718,470

1,986,444

1,971,347

1,669,938

SOUTH CENTER

BAYFRONT AVERAGE SALE PRICE 4,000,000 3,500,000 3,000,000 SOUTH

2,500,000

CENTER

2,000,000

NORTH

1,500,000

AVG. Price

1,000,000 500,000 0 2004

2005

2006

2007

2008

2009

 Copyright 2010 Willy Kahl, lbisales.com, All Rights Reserved. All Statistics are deemed reliable but not guaranteed. Data was retrieved from the Greater N.J. Regional Multiple Listing Service Computer. This newsletter data is an exclusive publication and cannot be reproduced without prior written permission from Willy Kahl.


Willy Kahl, Waterfront Specialist—RE/MAX of LBI Long Beach Island Single Family Bayfront Sales Spreadsheet and Charts for 2009 Bayfront Supply vs. Demand Curve and Data BAYFRONT SUPPLY VS. DEMAND CURVE 60

1.00 0.90 0.80 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.00

50 40 30 20 10 0 1ST '04

2ND '04

1ST '05

2ND '05

1ST '06

SOLD

2ND '06

AVAIL.

1ST '07

2ND '07

1ST '08

2ND '08

1ST '09

2ND '09

DEM/SUP

 Copyright 2010 Willy Kahl, lbisales.com, All Rights Reserved. All Statistics are deemed reliable but not guaranteed. Data was retrieved from the Greater N.J. Regional Multiple Listing Service Computer. This newsletter data is an exclusive publication and cannot be reproduced without prior written permission from Willy Kahl.

HALF 1ST '04 2ND '04 1ST '05 2ND '05 1ST '06 2ND '06 1ST '07 2ND '07 1ST '08 2ND '08 1ST '09 2ND '09

BAYFRONT DEMAND SOLD 19 10 10 11 8 7 11 11 7 10 5 11

SUPPLY AVAIL. DEM/SUP 22 0.86 26 0.38 30 0.33 34 0.32 38 0.21 42 0.17 46 0.24 44 0.25 47 0.15 46 0.22 49 0.10 45 0.24


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