2024 Brighton Beach Real Estate Market Report
- Nathan Colmer
- 8 hours ago
- 3 min read
Brighton Beach and The Long Beach Island Market in 2024
The Long Beach Island (LBI) real estate market in 2024 continued to maintain its long‑standing strength, supported by limited inventory, steady buyer demand, and increasing attention toward updated homes and desirable coastal neighborhoods. While markets across the island varied in volume and price, one constant remained—homes located close to the beach, bay, or within established communities like Brighton Beach showed strong performance and enduring appeal. As buyers looked toward quality, convenience, and a true coastal lifestyle, neighborhoods such as Brighton Beach continued to command both interest and premium pricing.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Brighton Beach Real Estate — 2024 Statistical Breakdown
The 2024 Brighton Beach market reflected the core characteristics of a supply‑limited, demand‑driven environment.
Number of Sales in the Brighton Beach Real Estate Market
Brighton Beach recorded 4 residential sales during 2024.Although a small number in total, this aligns with the neighborhood's limited inventory and the tightly held nature of many properties in this section of Long Beach Township.
Average & Median Sales Price in the Brighton Beach Real Estate Market
Brighton Beach demonstrated strong pricing trends throughout 2024:
Average sale price: $1,436,225
Median sale price: $1,674,950
This separation between the average and median indicates that several higher‑value transactions influenced the overall market performance, helping to elevate median pricing and underscoring the neighborhood’s upper‑tier appeal.
Price Per Square Foot in the Brighton Beach Real Estate Market
One of the strongest indicators of market strength in Brighton Beach is the price per square foot (PPSF):
Average PPSF: $1,212/SqFt
Median PPSF: $1,212/SqFt
Crossing the $1,200/SqFt threshold solidifies Brighton Beach as a premium LBI submarket. These values reflect the ongoing demand for well‑located properties, coastal proximity, and homes with modern layouts or renovations.
Brighton Beach Real Estate MarketMarket Interpretation for 2024
Strong Upper‑Tier Market Performance
Brighton Beach’s median price well above $1.6M shows the consistent appeal of the area among buyers seeking high‑quality coastal homes, whether for personal use or investment.
High Price Density Driven by Demand
The elevated PPSF reflects not only strong buyer competition but also the limited availability of homes within walking distance of the beach or bay. Homes in Brighton Beach tended to sell quickly and at solid valuations.
Low Inventory Supporting Firm Pricing
With only four sales occurring throughout the year, the market remained supply‑constrained, helping strengthen pricing and maintain buyer urgency even as broader economic conditions fluctuated.
Broad Appeal Across Property Types
Both smaller beach cottages and larger family homes recorded strong prices, showing that Brighton Beach appeals to a diverse buyer pool—from seasonal homeowners to those seeking year‑round LBI living.
Long Beach Island Real Estate and Brighton Beach Real Estate in 2024
The 2024 Brighton Beach real estate market affirmed the neighborhood’s position as one of LBI’s premier coastal enclaves. With strong median pricing, elevated price-per-square-foot levels, and limited inventory driving competitive conditions, Brighton Beach remained a top choice for buyers seeking the balance of beach proximity, neighborhood charm, and long-term real estate stability. As demand for quality coastal homes continued across Long Beach Island, Brighton Beach closed out 2024 as a standout performer, with exceptional value, strong market momentum, and enduring desirability.
If you're looking to buy, sell, or invest in the LBI real estate market, I bring decades of local experience and market knowledge to every transaction. I'm Nathan Colmer, a Long Beach Island real estate agent with more than 20 years of experience helping clients successfully navigate the island's unique real estate landscape, with a particular focus on second homes and investment properties.
In addition to representing buyers and sellers, I actively invest in LBI real estate, allowing me to offer practical, firsthand insight into market trends, rental potential, and long-term value. Whether you're searching for a vacation home, evaluating an investment opportunity, or preparing to sell, I provide personalized strategies and trusted guidance to help you achieve your goals.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
