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January 2025 Sales in the LBI, NJ Real Estate Market
2025 started off on a strong note with an average of about a home sale a day! LBI real estate transactions were as follows:
Single Family Homes
28 Homes Sold
Average Price: $2,261,480
Average Percentage of Listing Price: 96.7%
Average Days on Market: 53
Condominiums
3 Condo Sold
Average Price: $1,553,333
Average Percentage of Listing Price: 97%
Average Days on Market: 58
Homes in the Long Beach Island real estate market sold relatively quickly, with an average DOM of 54 days and a maximum of 193 days. This reflects potential buyer interest and demand, particularly for well-priced listings. Homes sold for an average of 94.7% of their original prices and 96.8% of their list prices. These percentages indicate that although negotiation can occur, properties are generally closing at prices close to their market value. Interestingly, some properties exceeded their original pricing, with the maximum sold price recorded at 114.3% of the original list price. This highlights certain desirable listings in the area that attract intense buyer competition, often driving prices up. The LBI real estate market remains vibrant, with a total sales sum of over $61 million from the closed properties. This substantial figure underlines the ongoing demand for homes in the area, despite fluctuations in individual property sales. With an array of options ranging from smaller homes to luxurious waterfront properties, LBI continues to attract diverse buyers. Inventory remains low with around 100 single-family homes on the market.
February 2025 Sales in the LBI, NJ Real Estate Market
February sustained the positive momentum with 30 properties sold, showcasing the enduring appeal of LBI’s coastal lifestyle and diverse housing options.
Notable Transactions:
The standout sale was 6715 Ocean Blvd, which sold for an impressive $9,200,000, highlighting the strength of the luxury market.
Additional key sales included 1 Cox Ave at $2,700,000 and 177-B Long Beach Blvd, which closed at $4,649,000.
Market Summary:
Total Sales: 30
Total Sales Volume: Approximately $80,490,000
Average Sale Price: Around $2,682,000
February’s data reveals a significant rise in average sale price, driven by increased activity in the high-end segment. Buyers appear motivated to secure premium properties ahead of the summer season, signaling confidence in the market’s long-term value.
March 2025 Sales in the LBI, NJ Real Estate Market
March saw a notable increase in activity, with 36 properties sold across Long Beach Island, reflecting growing buyer engagement and confidence.
Notable Transactions:
The highest sale was 6 N 21st St, which closed at $6,500,000, reinforcing the value placed on prime coastal locations.
Other major sales included 4803 S Long Beach Blvd at $4,900,000 and 12 E 25 St, which sold for $2,725,000.
Market Summary:
Total Sales: 36
Total Sales Volume: Approximately $89,140,000
Average Sale Price: Around $2,477,000
March’s upward trend in average sale price reflects a strong preference for luxury homes, particularly those offering ocean views and upscale amenities. The market remains vibrant, supported by seasonal interest and long-term investment appeal.
April 2025 Sales in the LBI, NJ Real Estate Market
April continued the strong pace with 34 sales, maintaining high levels of buyer activity and interest across various price ranges.
Notable Transactions:
The top sale was 7-A Long Beach Blvd, which sold for $8,583,333, demonstrating the market’s capacity for ultra-luxury transactions.
Other significant sales included 82 W McKinley Ave at $7,600,000 and 116 E Jerome Ave, which closed at $5,450,000.
Market Summary:
Total Sales: 34
Total Sales Volume: Approximately $95,210,000
Average Sale Price: Around $2,798,000
April’s performance highlights a continued shift toward premium properties, with buyers showing strong interest in high-value homes. The elevated average price suggests sustained confidence in LBI’s luxury real estate sector.
May 2025 Sales in the LBI, NJ Real Estate Market
May remained active with 36 properties sold, offering a balanced mix of mid-range and luxury homes that appealed to a wide range of buyers.
Notable Transactions:
A key sale was 7 W Jacqueline Ave, which sold for $1,200,000, reflecting demand for well-situated homes.
Other notable sales included 5 W 4th St at $1,700,000 and 11 E Mears, which closed at $3,000,000.
Market Summary:
Total Sales: 36
Total Sales Volume: Approximately $59,900,000
Average Sale Price: Around $1,663,000
May’s data suggests a healthy and balanced market, with both luxury and mid-tier properties attracting attention. The steady pace of sales indicates strong seasonal demand and a competitive environment for sellers.
June 2025 Sales in the LBI, NJ Real Estate Market
June reinforced the strength of the LBI market with 30 sales, as buyers looked to secure homes ahead of the peak summer season.
Notable Transactions:
A standout sale occurred at 2 W Cleveland, which sold for $4,650,000, confirming the desirability of premium locations.
Other major sales included 11-A W McKinley Ave at $2,500,000 and 324 Third St, which closed at $3,380,000.
Market Summary:
Total Sales: 30
Total Sales Volume: Approximately $89,000,000
Average Sale Price: Around $2,966,000
June’s figures reflect continued strength in the high-end market, with buyers actively pursuing waterfront and luxury properties. The rising average sale price underscores the competitive nature of the summer buying season.
July 2025 Sales in the LBI, NJ Real Estate Market
July continued the strong performance of the Long Beach Island real estate market, with a total of 16 single-family home sales across various towns including Long Beach Township, Harvey Cedars, Barnegat Light, Beach Haven, Ship Bottom, and Surf City.
Notable Transactions:
The highest sale of the month was 146-E Long Beach Blvd in Long Beach Township, which sold for $5,100,000.
Other top sales included 131 Laguna Ln in Long Beach Township at $4,350,000 and 168-E Long Beach Blvd, also in Long Beach Township, at $3,600,000.
Sales Summary:
Total Sales: 16
Total Sales Volume: Approximately $41,112,025
Average Sale Price: Around $2,569,502
July’s data reflects continued strength in the LBI market, with high-value transactions dominating the landscape. The diversity of locations and price points indicates a healthy mix of buyer interest, from luxury waterfront estates to charming coastal homes. As summer peaks, the demand for prime real estate remains robust, making it an opportune time for both buyers and sellers to engage in the market.
August 2025 Sales in the LBI, NJ Real Estate Market
The LBI real estate market continues to show strong activity with a mix of competitive bidding and strategic price reductions. Based on data from August and early September 2025, market activity on Long Beach Island is as follows:
Key Market Statistics in the LBI Real Estate Market
Average List Price: $3,189,562
Average Close Price: $3,026,273
Average Price per Square Foot: $1,099.76
Average Sale-to-List Price Ratio: 95.58%
Highest Sale-to-List Ratio
Address: 216 W 5th St, Ship Bottom Listed at: $1,200,000 Closed at: $1,225,000 Ratio: 102.08% Sold above asking price, indicating strong buyer demand.
Lowest Sale-to-List Ratio
Address: 14 Buckingham Ave, Harvey Cedars Listed at: $1,800,000 Closed at: $1,465,000 Ratio: 81.39% Significant price reduction, possibly due to negotiation leverage or market correction.
Long Beach Island Market Insights
Properties in Ship Bottom and Long Beach Township continue to attract competitive offers, while higher-end listings in Harvey Cedars and Beach Haven show more variability in final sale prices. The overall market remains robust, with most homes closing near or above 95% of their asking price.
September 2025 Sales in the LBI, NJ Real Estate Market
Coming soon!
October 2025 Sales in the LBI, NJ Real Estate Market
Coming soon!
November 2025 Sales in the LBI, NJ Real Estate Market
Coming soon!
December 2025 Sales in the LBI, NJ Real Estate Market
Coming soon!
Year End
Coming soon!