Long Beach Township Real Estate Market — 2021 Year in Review
- Nathan Colmer
- 18 hours ago
- 2 min read
Long Beach Township Real Estate Market and LBI NJ Real Estate Market Sales— 2021 Year in Review
If 2020 reset the LBI NJ real estate market, 2021 re‑priced it. Long Beach Township real estate registered another brisk year for sales while witnessing a sharp jump in average price and $‑per‑sq‑ft. Inventory was tight, buyers were decisive, and properties in prime locations or excellent condition attracted competitive offers. Across LBI, the theme was urgency and a willingness to pay for quality.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Key Long Beach Township Real Estate Market Statistics (2021)
Number of sales: 287
Average close price: $1,754,533 (YoY: +25.4%)
Median close price: $1,495,000
Average list price: $1,772,472
Average $/sq ft: $778 (median: $732) (YoY: +33.4%)
Average finished size: 2,290 sq ft
Total dollar volume: $503,551,099
Average close‑to‑list ratio: 0.997
The near‑par 0.997 ratio highlights minimal discounting and frequent multiple‑offer scenarios. $‑per‑sq‑ft leapt by a third, reflecting a pervasive re‑valuation of LBI living and a preference for turn‑key. Median price approaching $1.5M shows broad strength beyond ultra‑premium sales. 2021 reset comparables across the Township and would inform valuations moving forward.
Long Beach Township Real Estate Market and LBI NJ Real Estate Market Sales— 2021 Year in Review
Long Beach Township’s 2021 confirmed a new pricing plateau for LBI real estate. The combination of tight supply, high intent buyers, and premium renovations produced a rapid appreciation phase. Even as transaction counts moderated from 2020’s spike, value rose significantly. This was the high‑velocity appreciation year that many owners will remember.
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
