Long Beach Island Real Estate Market Update: Pending Sales March 2026
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Pending Sales in the LBI Real Estate Market – Long Beach Island Real Estate Market Update March 2026
As the Long Beach Island real estate market moves out of winter and toward the spring selling season, pending sales activity provides one of the clearest indicators of buyer demand. Properties that go under contract often signal where pricing trends and buyer interest are headed in the coming months.
During March 2026, the LBI real estate market saw a strong level of contract activity. Currently, there are 44 homes under contract across the island in the LBI real estate market. These pending sales reflect buyers positioning themselves ahead of the summer season and suggest that the market remains active despite elevated mortgage rates and limited inventory.
Below is a Long Beach Island Real Estate Market Update of pending transactions across LBI.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Pending Sales in the Long Beach Island Real Estate Market
The 44 homes currently under contract on Long Beach Island ranged widely in price and property type. The lowest-priced pending home was listed at around $430,000, while the highest-priced property reached approximately $21,000,000, highlighting the broad range of homes available on the island—from smaller cottages to ultra-luxury oceanfront estates.
Key pricing metrics from March pending sales include:
Average List Price: approximately $3.15 million
Median List Price: approximately $2.45 million
Lower Price Range (25th percentile): about $1.75 million
Upper Price Range (75th percentile): about $3.29 million
These numbers reinforce a long-standing trend in the LBI market: the core market remains roughly between $1.7 million and $3.3 million, with luxury properties pushing the average higher.
Pending sales often provide a forward-looking snapshot of the market, as these homes will typically close within the next 30 to 60 days.
Where Buyers Are Purchasing on LBI
Pending sales activity during March 2026 occurred across the different towns on Long Beach Island, with several areas seeing the majority of contracts.
Long Beach Township led the market with 17 pending sales, reflecting the township’s large geographic area and variety of property types, including oceanfront homes, bayfront properties, and residential neighborhoods.
Beach Haven followed with 14 homes under contract, continuing its reputation as one of the most desirable destinations on the island thanks to its walkability, restaurants, and attractions.
Other towns with pending sales included:
Surf City – 4 homes under contract
Ship Bottom – 3 homes under contract
Barnegat Light – 3 homes under contract
This distribution shows that buyer demand is spread throughout the island rather than concentrated in just one area. Buyers continue to seek a mix of lifestyle options, including quiet residential sections, walkable towns, and waterfront properties.
What These Pending Sales Tell Us About the Market
The number of homes currently under contract in March provides important insight into the health of the Long Beach Island real estate market.
Buyer Demand Remains Strong
Despite mortgage rates remaining above pandemic-era lows, buyers continue to pursue properties on LBI. Many of these purchases are second homes, vacation properties, or lifestyle investments, which means buyers are often less sensitive to interest rate fluctuations than primary homebuyers in traditional markets.
Inventory Remains Limited
Even with 44 pending sales, inventory on Long Beach Island remains relatively tight. Limited supply continues to support property values and reduces the likelihood of significant price declines.
Spring Market Momentum Is Building
March typically marks the beginning of the spring market on LBI. Buyers often look to secure homes before summer so they can enjoy the property during the peak shore season. The high number of pending contracts suggests activity is already building as we head into April and May, which are historically among the busiest months for real estate on the island.
The Role of Luxury Sales in this Long Beach Island Real Estate Market Update
The presence of a $21 million pending transaction significantly increases the overall average list price for March contracts. This reflects an ongoing trend in the LBI market where high-end properties—particularly oceanfront or newly constructed homes—continue to command premium pricing.
Luxury homes play an increasingly important role in the island’s real estate market. New construction projects and large custom homes are helping push overall pricing upward and attracting buyers from outside the region seeking high-end coastal properties.
What Buyers and Sellers Should Watch
Pending sales data often serves as an early signal of where the market may be heading.
For buyers in the LBI real estate market, the strong number of contracts suggests that waiting too long could mean facing more competition as the spring market continues to develop.
For sellers in the LBI real estate market, rising contract activity indicates that buyer demand is present even before the peak summer season. Well-priced homes entering the market in the coming weeks may benefit from this momentum.
Several factors will continue to influence the LBI market in the months ahead:
Spring inventory levels
Mortgage rate trends
New construction completions
Summer buyer demand
Looking Ahead to the Spring 2026 LBI Real Estate Market
If this Long Beach Island Real Estate Market Update of pending sales is any indication, the Long Beach Island real estate market is entering the spring season with solid momentum. Buyer demand remains steady, and limited inventory continues to support pricing across most property types. Historically, the period between April and June brings the highest level of buyer activity on LBI as people look to secure homes before the summer season begins. The number of homes currently under contract in March suggests that many buyers are already positioning themselves early in the market. For both buyers and sellers, keeping an eye on pending sales can provide valuable insight into where the market may be heading next.
Buying or selling on Long Beach Island is different from anywhere else, and having the right guidance matters with such a significant investment. I'm Nathan Colmer, a local LBI real estate agent with over 20 years of experience helping buyers and sellers make informed decisions, especially when it comes to second homes and investment properties.
As both a real estate professional and an active investor in the LBI real estate market, I offer insight beyond listing details. Whether you're looking for a vacation home, exploring investment options, or ready to list your property, I take a personalized, hands-on approach to help you navigate the process with confidence.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
