Beach Haven Crest Real Estate Market Report 2024 (LBI)
- Nathan Colmer
- 19 hours ago
- 3 min read
Understanding the LBI Real Estate Market in 2024
Throughout 2024, the Long Beach Island real estate market continued its trend of high buyer engagement and limited supply. Renovated properties and new construction remained at the center of the island’s pricing strength. Beach Haven Crest real estate, in particular, benefited from more sales than the previous year, helping to solidify pricing patterns and confirming that buyers were still reaching aggressively for premium homes in this portion of Long Beach Township.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Beach Haven Crest 2024: Key Market Statistics
From the available transactions, the 2024 market showed clear upward movement:
Number of closed sales: 10
Total sales volume: $26,955,125
Average sale price: $2,695,513
Median sale price: $2,295,500
Average list‑to‑close ratio: 96.11%
Average finished square footage: Approximately 2,840 sq. ft.
Weighted average price per square foot: $949/sq. ft.
Simple average price per square foot: ~$915/sq. ft.
Median price per square foot: ~$939/sq. ft.
Noteworthy 2024 Transactions in Beach Haven Crest
Highest recorded sale: 7401 Ocean Blvd closed at $6,700,000
Highest price per square foot: 110 E Jeanette Ave at approximately $1,341.61/sq. ft.
Year‑Over‑Year Comparison for the Beach Haven Crest Real Estate Market (2024 vs. 2023)
Beach Haven Crest real estate sales showed strong growth in several key areas:
Average sale price increased by approximately 20.1%
Sales volume increased by 3 additional transactions
Weighted average price per square foot increased by about 9.1%
List‑to‑close ratio strengthened modestly, signaling firmer buyer competition
Interpreting the 2024 LBI Real Estate Market
The 2024 market revealed significant upward pressure on values within Beach Haven Crest, driven largely by the sale of several high‑end, newer properties. The increase in both median and average pricing reflects a continued preference for modern layouts, high‑quality construction, and homes with elevated amenity packages. The nearly $950 weighted $/SF figure further reinforces the neighborhood’s growing premium within the broader LBI landscape.
Beach Haven Crest Real Estate Market Summary for 2024
The Beach Haven Crest real estate market delivered a robust performance in 2024, showcasing rising prices, stronger $/SF metrics, and heightened market activity. With more sales and multiple high‑value transactions, the neighborhood demonstrated how demand for high‑quality coastal homes on LBI continues to expand. As part of a strong overall LBI market, Beach Haven Crest remains a standout community characterized by desirable homes, stable appreciation, and sustained buyer demand.
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
