Pricing Your Home in the LBI Real Estate Market
- Nathan Colmer
- 13 minutes ago
- 3 min read
Pricing Your Home Right in the LBI Real Estate Market
Selling a home on Long Beach Island is a significant financial decision—and in today’s market, setting the right price is more important than ever. While it may be tempting to list high and “test the waters,” that strategy often backfires, leading to longer days on market and lower final sale prices. Pricing your home correctly in the LBI real estate market from the outset will attract more attention, reduce the time the home spends on the market, and result in a better sales price and higher overall net proceeds.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Why Accurate Pricing in the LBI Real Estate Market Matters
The LBI market is unique. Inventory remains historically low, with only about 132 active listings as of November 2025, compared to the pre-COVID range of 500–700. Despite limited supply, buyers are informed and selective. Homes priced correctly are selling quickly—often within weeks—while overpriced properties linger and require price reductions, which can raise red flags for buyers.
The Cost of Overpricing a Home in the Long Beach Island Real Estate Market
Recent data shows the difference between pricing right and pricing wrong is dramatic. Homes listed accurately from the start sell 260 days faster and for nearly $200,000 more on average than those that require price cuts. Overpricing not only delays offers—it can stall your entire move. [buylbi.com]
Current Market Snapshot
Median Sales Price (YTD 2025): $2,150,000 (up 10.8% from 2024)
Average Price per Sq. Ft (Closings): $1,079
Sale-to-List Price Ratio: 97.5%
Average Days on Market: 82 (down from 109 in 2024)
These numbers confirm that well-priced homes continue to command strong offers and sell quickly in the LBI real estate market.
Key Factors That Impact Price
Pricing on LBI isn’t just about square footage. Consider:
Location: Oceanfront and bayfront homes command premiums, and the distance to the beach plays an important role.
Lot Size & Elevation: Flood elevation and lot dimensions affect value.
Condition & Age: Updated homes sell faster and closer to the asking price.
Seasonal Trends: Spring and early fall remain active periods, but motivated buyers are active year-round. [buylbi.com]
The Right Strategy When Pricing and Selling a Home in the LBI Real Estate Market
Begin with a Comparative Market Analysis (CMA) that utilizes recent sales and active inventory. A property priced at or slightly below market value tends to attract more buyers, often resulting in multiple offers and favorable terms. Underpricing can raise suspicion, while overpricing risks stagnation.
Pricing your LBI home correctly isn’t just about selling—it’s about making sure your next move happens smoothly. With inventory at record lows and buyers ready to act, the right price can mean the difference between a quick, profitable sale and months of frustration.
If you are looking to buy, sell, or invest in the LBI real estate market, contact me, Nathan Colmer, for expert guidance backed by years of local experience, deep market insight, and a proven track record in helping clients navigate LBI's unique market. My experience extends over 20 years of selling homes on Long Beach Island, with a special focus on second homes and investment properties. In addition to representing buyers and sellers, I personally invest in the LBI real estate market and can share my firsthand knowledge of doing so. Whether you're searching for a vacation home, planning a wise investment, or ready to list your property, I can offer you personalized strategies and unmatched knowledge to help you succeed.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
