LBI Real Estate Weekly Market Update: March 15–22, 2026
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LBI Real Estate Weekly Market Update: March 15–22, 2026
The Long Beach Island real estate market demonstrated steady activity this week, with a range of new listings across multiple municipalities and a continued emphasis on mid‑to‑upper‑tier properties. Below is a summary of the LBI real estate market update and an overview of market conditions for March 15 through March 22, 2026.
Long Beach Island Real Estate Market Overview
A total of 17 newly active listings entered the market during the week. This addition represents a balanced flow of early‑spring inventory and suggests consistent buyer and seller engagement heading into the peak season.
Key pricing indicators include:
Median list price: $2,295,000
Average list price: $2,499,118
Total new inventory value: $42.49 million
Median price per square foot: $1,017
Average price per square foot: $999
List prices ranged from $575,000 at the low end to $6,995,000 at the high end, reflecting the diverse property types and locations represented in this week’s activity.
Price Segments in the LBI Real Estate Market
Under $1M: 1 listing
$1M–$2M: 6 listings
$2M–$3M: 8 listings
$3M+: 2 listings
Approximately 27% of the week’s listings were constructed in 2015 or later, continuing the trend of modern, move‑in‑ready homes occupying a meaningful portion of available inventory.
Long Beach Island Town‑by‑Town Activity
Long Beach Township
Long Beach Township accounted for the majority of new activity with 10 listings, reinforcing its position as the island’s most active and inventory-rich municipality. Median pricing remained strong in the mid‑$2M range, supported by a median PPSF just over $1,000.
One listing each was recorded in each of the remaining towns on Long Beach Island:
Harvey Cedars — notable for the week’s highest PPSF at approximately $1,720
Ship Bottom — median PPSF around $1,320
Beach Haven — median PPSF around $1,300
Surf City — the lowest PPSF of the week at approximately $260, likely reflecting redevelopment potential or atypical property characteristics
Barnegat Light — PPSF approximately $933
These single‑property entries provide a snapshot of varied market conditions across the island’s smaller municipalities.
Highlighted Listings in the LBI Real Estate Market
A few properties stood out due to location, scale, or price positioning:
123 E Colorado, Long Beach Township — $6,995,000
6 bedrooms | 6.5 baths | ~5,011 sq. ft. | $1,396/sfA premium, contemporary residence offering significant square footage and luxury amenities.
8 E 73rd St, Harvey Cedars — $4,299,000
4 bedrooms | 3.5 baths | ~2,500 sq. ft. | $1,720/sfA newer construction home representing the highest price‑per‑square‑foot figure of the week.
130 E Pennsylvania, Long Beach Township — $2,890,000
5 bedrooms | 3.5 baths | ~2,552 sq. ft. | $1,132/sfA substantial home with classic LBI characteristics and a strong bedroom count.
This week’s listings presented a broad range of sizes and configurations:
4-bedroom homes: 4
5-bedroom homes: 5
6-bedroom homes: 2
Additional smaller properties, including a 1‑bedroom condo option in Barnegat Light, rounded out the inventory.
The diversity of bedroom counts, combined with a meaningful mix of newer and older construction, provides opportunities across buyer segments — from first‑time island purchasers to those seeking larger, luxury‑oriented homes.
What This LBI Real Estate Market Update Means for Buyers and Sellers on Long Beach Island
The influx of mid‑range and upper‑range properties presents opportunities but also indicates competition, particularly in the $2M–$3M segment. Significant variation in PPSF highlights the importance of property‑specific analysis, including location, renovation level, lot characteristics, and elevation. Market conditions remain favorable for well‑positioned homes, especially those offering modern updates or strong proximity to the beach or bay. With inventory gradually increasing, appropriate pricing and high‑quality presentation will be essential to attracting qualified buyers.
