LBI Real Estate Market Update: Weekly Sales Report (February 8–15, 2026)
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Long Beach Island Real Estate Home Sales
The Long Beach Island real estate market remained active this past week, with six closed residential sales recorded between February 8th and February 15th, 2026. Even in the heart of winter, buyers continue to move quickly on well‑located properties, and several homes closed above asking price—an encouraging sign as we approach spring.
Here’s a full breakdown of what sold, along with market insights and trends shaping buyer behavior right now.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Closed Sales in the LBI Real Estate Market This Week
1. Long Beach Township – 14 W South 31st
Closed: $1,150,000
List Price: $1,199,000
Beds/Baths: 3 BR, 1.5 BA
A classic mid‑island single‑family home that traded slightly below asking—common for older homes needing updates—but still at a strong price point considering size and location.
2. Barnegat Light – 2708 Bayview Ave
Closed: $2,145,000
List Price: $2,295,000
Beds/Baths: 4 BR, 2 BA
A spacious bayside property that closed around 93% of the list price. Barnegat Light continues to see steady demand for oversized lots and quiet residential settings.
3. Long Beach Township – 17 E Kirkland Ave
Closed: $2,000,000
List Price: $1,995,000
Beds/Baths: 2 BR, 1 BA
One of the standout sales of the week, closing over asking with a price that reflects strong land value and redevelopment potential.
4. Beach Haven – 217 Fairview Avenue
Closed: $3,200,000
List Price: $2,999,000
This over‑ask closing highlights the ongoing strength of Beach Haven, particularly for lots suited for new construction, mixed‑use, or redevelopment.
5. Surf City – 295 N 7th St
Closed: $1,805,000
List Price: $1,795,000
Beds/Baths: 5 BR, 3 BA
A desirable residential property that attracted enough interest to push the sale slightly above the asking price.
6. Long Beach Township – 8 W Carolina Ave
Closed: $1,269,000
List Price: $1,299,000
Beds/Baths: 3 BR, 2 BA
A well‑kept older property that sold just below list, consistent with buyer expectations for 1950s‑era homes.
Long Beach Island Weekly Real Estate Market Insights
1. Over‑Ask Closings Continue
Three of the six closings this week exceeded their asking price, showing buyers are willing to compete when a property checks the right boxes: location, lot size, or new‑construction appeal.
2. High Demand for Redevelopment Opportunities
Several sales suggest buyers are targeting properties for their land value, a common trend in many LBI neighborhoods where modern design and new construction command premium pricing.
3. Off‑Season Buyer Activity Remains Strong
Even in mid‑February—a typically quiet period—buyer demand remains elevated. This sets the stage for a highly competitive spring if inventory stays tight.
LBI Real Estate Market Weekly Summary (Feb 8–15)
Across the six properties that sold:
Average Closing Price: ~$1.93M
Median Closing Price: ~$1.90M
Average Sale‑to‑List Ratio: ~100%
Market Tone: Strong, stable demand with pockets of competitive bidding
This week shows a balanced market where appropriately priced homes are selling quickly and often at or above asking.
Thinking of Buying or Selling on Long Beach Island?
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
