2024 Beach Haven Real Estate Market Report
- Nathan Colmer
- 20 hours ago
- 3 min read
2024 Beach Haven Real Estate Market Report and LBI NJ Real Estate Market Home Sales
The 2024 Beach Haven real estate market continued the strength seen the year prior but showed a shift toward higher price density, particularly in the $900–$1,200 per‑square‑foot range. Demand for updated and turnkey homes intensified, and despite fewer closed sales than 2023, values increased meaningfully in several metrics. The resulting picture is a market that remains competitive, premium, and highly sought‑after within LBI.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
2024 Key Beach Haven Real Estate Market Statistics
Total number of sales: 42
Total closed volume: $69,588,743
Average sale price: $1,656,875
Median sale price: $1,605,000
Price Per Square Foot
Price per square foot rose significantly in 2024, driven by renovated units, new construction, and prime locations near town center and the beaches.
Average $/SqFt: $949
Median $/SqFt: $975
Percentage of homes closing above $1,000/SqFt: ~40%
(an increase of roughly 15 percentage points vs. 2023)
Close-to-List Ratio
The market continued to show pricing stability with an average close-to-list ratio of 0.965, nearly identical to 2023. This consistency signals steady demand and realistic seller pricing despite a slight reduction in overall transaction count.
Price Band Distribution
Price bands in 2024 were more evenly distributed than 2023, especially in the $1M+ categories:
Under $1M: 15 sales
$1M–$2M: 12 sales
$2M–$3M: 12 sales
$3M+: 3 sales
The parity between the $1M–$2M and $2M–$3M segments highlights a strong appetite for higher‑end offerings.
2024 Beach Haven Real Estate Market Summary
Even with fewer overall sales, Beach Haven posted higher $/SqFt values, a significant rise in high‑density pricing, and a stable average sale price. The jump in percentage of homes closing above $1,000/SqFt is one of the strongest indicators of the market’s upward pressure. New construction and recently renovated homes played a key role in driving these numbers, as did centrally located residential properties offering walkability and high lifestyle value.
Long Beach Island and the Beach Haven NJ Real Estate Market
The 2024 Beach Haven market remained firmly in premium territory. Values rose, high‑end demand persisted, and buyers continued to prioritize move‑in‑ready homes and prime locations. Together with 2023, the two‑year trendline shows a market that is stable, competitive, and consistently strengthening—an ongoing hallmark of the LBI real estate market.
If your goal is to buy, sell, or invest wisely in the LBI real estate market, experience and local insight are essential. I'm Nathan Colmer, a Long Beach Island real estate agent with more than two decades of experience selling homes on the island, with a specialized focus on investment properties and second homes.
Because I personally invest in LBI real estate, I understand the financial considerations, risks, and opportunities unique to this market. From evaluating rental performance to identifying long-term value, I help clients develop clear, strategic plans—whether they're purchasing a vacation rental, expanding an investment portfolio, or positioning a property for sale.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
