Weekly Market Update: LBI Real Estate Market Activity (May 3 – May 10, 2026)
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Weekly Market Update: LBI Real Estate Market Activity (May 3 – May 10, 2026)
Happy Mother's Day to all the moms! The LBI real estate market continues to show strong momentum as we move deeper into the spring season. For the week of May 3 through May 10, 2026, activity across Long Beach Island real estate highlighted consistent buyer demand, steady pricing, and a healthy mix of new listings, contracts, and closed sales.
If you're a buyer or seller tracking the market—or considering making a move—this weekly update provides valuable insight into what’s happening right now on LBI.
Browse current listings anytime at https://www.buylbi.com/
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
LBI Real Estate Market Snapshot: Weekly Activity Overview
Here’s a breakdown of what happened this week in the LBI real estate market:
12 Closed Sales
6 Properties Under Contract (Pending)
4 New Contracts (Active Under Contract)
14+ New Listings Added
This level of activity reflects a competitive spring market, with buyers actively securing homes ahead of the summer season.
Closed Sales: Strong Prices Across Long Beach Island
A total of 12 homes closed this week, spanning a wide range of price points—from entry-level condos to luxury oceanfront properties.
Notable Sales:
1049-B Long Beach Blvd (LBT)Closed at $3,850,000 (92.7% of list price)
322 Third St (Beach Haven)Closed at $3,300,000 (97.2% of list price)
131 Coral St (Beach Haven)Closed at $3,475,000 (93.9% of list price)
352 N 5th St (Surf City)Closed at $3,400,000 (97.3% of list price)
7 W Julia Ave (LBT)Sold at full asking price: $1,775,000
What This Means for Sellers:
Homes are still selling at 93%–100% of the asking price, showing that properly priced properties in the Long Beach Island real estate market are attracting strong offers.
Pending & Under Contract: High-End Activity Leads the Market
This week saw several properties move into pending or under contract status, including multiple high-end homes.
Highlights:
917 S Atlantic Ave (Beach Haven) – Listed at $8,300,000 (Pending)
501 Broadway (Barnegat Light) – Listed at $5,700,000 (Pending)
209 E 20th St (LBT) – Listed at $3,850,000 (Pending)
4303 Ocean Blvd (LBT) – Listed at $5,100,000 (Under Contract)
Market Insight:
Luxury inventory remains in demand, with multi-million-dollar homes continuing to attract buyers—especially newer construction and prime-location properties.
New Listings: Fresh Inventory Hits the LBI Real Estate Market
This week added over a dozen new listings, giving buyers new opportunities—but competition remains tight.
New Listing Price Range:
Lowest: $369,900 (Beach Haven cottage opportunity)
Highest: $4,195,000 (Oceanfront in Long Beach Township)
Notable New Listings:
6009 Ocean Blvd (LBT) – $4,195,000 (Oceanfront living)
226 N 13th St (Surf City) – $2,590,000 (Newer construction)
301 W 18th St (Ship Bottom) – $1,649,000 (Entry-level single-family)
118 N Bay Ave #2 (Beach Haven) – $399,000 (Studio/condo opportunity)
What Buyers Should Know:
Inventory is increasing—but well-priced homes are still moving quickly, especially in desirable locations like Surf City, Beach Haven, and oceanblock areas.
Price Per Square Foot: Premium Coastal Values
This week’s data shows continued strength in pricing across the Long Beach Island real estate market.
Entry-level properties: $600–$900/sq ft
Mid-range homes: $900–$1,300/sq ft
Luxury/oceanfront: $1,200–$2,100+/sq ft
Example:
Oceanfront listing: $2,103/sq ft
Average single-family: roughly $950–$1,200/sq ft
Market Takeaway:
LBI continues to command premium pricing due to:
Limited inventory
High demand for coastal homes
Strong vacation rental potential
What This Means for Buyers in the LBI Real Estate Market
If you're looking to buy in the Long Beach Island real estate market, here’s what this week tells us:
Be ready to act quickly on new listings
Work with a local expert to identify value opportunities
Expect competitive pricing—especially under $2M
Luxury buyers still have strong leverage in some cases
What This Means for Sellers in the LBI Real Estate Market
For homeowners considering selling:
Buyer demand is strong heading into summer
Proper pricing is key to maximizing offers
High-end homes are still moving, but presentation matters
Now is an excellent time to list before peak season
A Strong Start to the 2026 LBI Real Estate Market Selling Season
The week of May 3–May 10, 2026 confirms that the LBI real estate market is off to a strong start this season. With steady closings, strong pending activity, and new inventory hitting the market, both buyers and sellers have opportunities—if they act strategically.
As we move closer to summer, expect:
Increased buyer activity
Continued competition for prime homes
Upward pressure on pricing in key areas
Whether you're buying, selling, or investing in Long Beach Island real estate, staying informed with weekly trends like these can give you a competitive edge.
If you're buying, selling, or investing in the LBI real estate market, I offer the local expertise and strategic guidance needed to succeed. I'm Nathan Colmer, a Long Beach Island real estate agent with over 20 years of experience helping clients navigate the island's highly specialized market, particularly with second homes and investment properties.
As an active investor in LBI real estate, I provide firsthand insight into ownership, rental potential, and long-term value. Whether you're searching for a vacation home or preparing to sell, I deliver personalized strategies and trusted local knowledge to help you move forward with confidence.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
