LBI Real Estate Market Update: Weekly Home Sales Report (July 19–26, 2026)
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Long Beach Island Real Estate Market Update: Weekly Home Sales Report (July 19–26, 2026)
Long Beach Island real estate market update for July 19-26, 2026, featuring new listings, home sales, price reductions, pending sales, and market trends.
The Long Beach Island real estate market remained active this week, with strong buyer demand, several luxury listings entering the market, and solid closing activity across Long Beach Township, Surf City, Beach Haven, Harvey Cedars, Barnegat Light and Ship Bottom.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
LBI Market Snapshot
6 New Listings
1 Back on Market
6 Price Reductions
7 Homes Went Under Contract
5 Homes Moved to Pending
6 Closed Sales
1 Expired Listing
New Listings on Long Beach Island
New inventory was highlighted by several luxury and new-construction homes entering the market.
New Listing Statistics
6 New Listings
Average List Price: $2,298,667
Highest Priced Listing: $3,749,000
Lowest Priced Listing: $475,000
Average Price Per Square Foot: Approximately $1,040
67% of new listings were priced above $2.7 million
Market Takeaways
New construction continues to command premium pricing throughout LBI.
Luxury inventory remains concentrated in Harvey Cedars, Surf City, and Long Beach Township.
Affordable inventory remains limited, with very few opportunities below $1 million.
Back on Market Activity in the LBI Real Estate Market
Only one property returned to active status this week.
Back on Market Statistics
1 Property Returned to Market
List Price: $1,750,000
5 Bedrooms
1,958 Square Feet
28 Days on Market
Market Takeaway
A low number of failed transactions suggests buyers and sellers are successfully navigating inspections, financing, and closing processes.
Price Reductions in the Long Beach Island Real Estate Market
Price adjustments increased slightly as some sellers responded to changing market conditions.
Price Reduction Statistics
6 Price Reductions
Average Asking Price: $1,831,083
Highest Reduced Listing: $2,399,000
Lowest Reduced Listing: $1,495,000
Average Days on Market: 82 Days
Largest Individual Reduction: $100,000
Market Takeaways
Most price reductions occurred on homes that had been listed for several months.
Buyers may find the best negotiating opportunities among longer-market listings.
Fresh listings that are accurately priced continue to attract quick interest.
Homes Going Under Contract in the LBI Real Estate Market
Buyer demand remained healthy with contract activity occurring throughout multiple LBI communities.
Active Under Contract Statistics
7 Homes Went Under Contract
Average List Price: $2,055,571
Highest Priced Contract: $2,995,000
Average Home Size: 2,132 Square Feet
Average Days on Market: 26 Days
Price Range: $1.575 Million to $2.995 Million
Market Takeaways
Buyers remain highly active in the $1.5 million to $3 million segment.
Both primary residences and second homes continue to attract interest.
Several properties secured contracts in less than one month.
Pending Sales on Long Beach Island
Pending activity remained strong across both luxury and mid-market segments.
Pending Sale Statistics
5 Pending Sales
Average Asking Price: $2,138,600
Highest Pending Listing: $4,495,000
Lowest Pending Listing: $949,000
Average Days on Market: 36 Days
Market Takeaways
Luxury waterfront and bayfront properties continue attracting qualified buyers.
Condominium and townhouse inventory remains in demand due to limited supply.
Pending sales indicate that closing activity should remain healthy in the coming weeks.
Closed Sales in the LBI Real Estate Market
Closings remained robust with several notable transactions completed during the week.
Closed Sale Statistics
6 Closed Sales
Average List Price: $2,439,666
Average Sale Price: $2,362,333
Highest Sale: $4,150,000
Lowest Sale: $1,350,000
Average Sale-to-List Price Ratio: 96.7%
One Home Sold at Full Asking Price
Market Takeaways
Sellers continue achieving strong pricing results.
Most homes sold within only a few percentage points of asking price.
Demand remains strongest for newer construction and updated move-in-ready homes.
Expired Listings in the LBI Real Estate Market
Expired Listing Statistics
1 Expired Listing
Final Asking Price: $745,000
Days on Market: 367 Days
Market Takeaway
Even in a healthy market, properties that remain overpriced for extended periods can struggle to attract buyers.
What This Means for the LBI Real Estate Market
The Long Beach Island real estate market continues to show impressive strength as the summer season reaches its peak. While new inventory is becoming available, buyer demand remains healthy, especially in the luxury segment. Contract activity, pending sales, and closings all point to a market that remains competitive despite modest increases in inventory.
For sellers, accurate pricing remains critical. Homes that enter the market at market-supported values continue to attract strong interest and sell at favorable sale-to-list ratios. For buyers, opportunities are emerging among properties that have experienced recent price adjustments or extended market exposure.
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
