LBI Luxury Condo Sales 2025 — $1,500,000+
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LBI Luxury Condo Sales 2025 — $1,500,000+
LBI Luxury Condos Over $1,500,000: 2025 Year‑End Review
Explore Long Beach Island’s luxury condo segment in 2025—median $1.995M, ~$917 median $/sqft, larger footprints, and near‑ask sale‑to‑list ratios. The LBI real estate market had a strong year in 2025, and the condominium market was no exception. The total year's LBI luxury condo sales in the LBI real estate market priced over $1,500,000 were as follows:
Total sales: 18
Dollar volume: $34.38M
Average sale price: $1,909,944
Median sale price: $1,995,000
Low / High: $1,520,000 – $2,395,000
Average $/SqFt: $903 | Median $/SqFt: $917
Average size: 2,142 sq. ft. | Median size: 2,176 sq. ft.
Sale‑to‑List (avg | median): 98.5% | 99.5%
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Luxury Segment Profile for LBI Real Estate Market Condos
The $1.5M+ tier was larger and closer to the ask. A median sale price just under $2.0M, paired with a median $/sqft of around $917, reflects premium locations, newer construction, elevator buildings, and better amenity packages. With a median sale-to-list price near 99.5%, turnkey or new units saw minimal discounting—serious buyers paid for quality, convenience, and proximity to the water.
Price quartiles clearly frame the range: $1.681M (25th), $1.995M (median), $2.050M (75th). $/SqFt quartiles clustered around $871–$952, consistent with high‑spec finishes and desirable blocks.
LBI luxury condo sales were more evenly distributed than the core market. May led with 4 contracts, followed by July (3), and then steady one- to two-contract months throughout spring and fall. Translation: motivated luxury buyers were active throughout the year, not only in summer.
Where the Luxury Deals Landed
Long Beach Township (11 sales)Median: $1,995,000 | Median $/SqFt: ~$917 | Median size: ~2,176 sq. ft.A hub for newer, amenitized offerings with beach‑proximate footprints.
Beach Haven (5 sales)Median: $1,800,000 | Median $/SqFt: ~$922 | Median size: ~1,854 sq. ft.Premium walkability and lifestyle kept values high.
Ship Bottom (1 sale)Median: $1,555,000 | Median $/SqFt: ~$951 | Median size: ~1,635 sq. ft.A single but strong datapoint with top‑tier $/sqft.
Barnegat Light (1 sale)Median: $2,050,000 | Median $/SqFt: ~$680 | Median size: ~3,015 sq. ft.Large footprint at a relatively lower $/sqft—typical of big layouts farther from prime commercial cores.
Buying and Selling Condos in the LBI Real Estate Market
In today’s LBI luxury condo sales market, buyers should be prepared for very little negotiating room, especially on new construction or fully turnkey units. The strongest properties are moving close to the asking price, so it’s important to act decisively and come in with clean, straightforward terms. If you have flexibility, consider shopping during the shoulder seasons when there’s typically a bit more inventory and less summer competition. For sellers, this is a great environment—well-appointed, high-spec condos can be priced confidently. With many properties trading near ask, your edge comes down to presentation and smart positioning. Professional staging, handling minor punch-list items, and pricing strategically—especially in the $1.8M to $2.05M range—can help maximize visibility and attract serious, motivated buyers.
If you are looking to buy, sell, or invest in the LBI real estate market, contact me, Nathan Colmer, for expert guidance backed by years of local experience, deep market insight, and a proven track record in helping clients navigate LBI's unique market. My experience extends over 20 years of selling homes on Long Beach Island, with a special focus on second homes and investment properties. In addition to representing buyers and sellers, I personally invest in the LBI real estate market and can share my firsthand knowledge of this investment strategy. Whether you are searching for a vacation home, planning a wise investment, or ready to list your property, I can offer you personalized strategies and unmatched knowledge to help you succeed.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
