LBI real estate market January - August recap

New construction home we built in Holgate

LBI real estate market YTD recap

More than halfway through Q3 and the Long Beach Island (LBI) real estate market continues to see strong demand, resilience, and a clear appetite for well-priced homes. With 210 properties sold in 2025 so far, the data reveals interesting trends in pricing and buyer & seller behavior. Below we will look at single family sales data, as these properties are the most common form of ownership on LBI. Condos and townhomes are a great low maintenance alternative, but looking at single family transactions gives us the most insight into the market.

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LBI real estate market key metrics (YTD 2025)

  • Median Sales Price → $2,150,000 | $1,940,000 in 2024 a 10.8% increase

  • Average Sales Price →$2,460,338 | $2,263,518 in 2024 an 8.7% increase

  • Number of Homes Sold → 210 YTD 2025 | 258 from Jan 2024 - August 2024

  • Number of New Listings → 311 YTD 2025. The single month with the most new listings was 50 in February

  • Active Inventory → 134 active single family listings. The single month with the most new listings was 193 in February

  • Average Days on Market → 82 DOM in 2025 | 109 in 2024

  • Sale-to-List Price Ratio (%) → 97.5% in 2025 and 96.9% in 2024

Deep dive into key metrics

Appreciation

These numbers reflect a healthy and competitive market going into Q4 2025. Our average sale price increase from 2024 shows an 8.7% increase which is on track with historical averages. If we look at the last 10 years of data and remove the COVID years due to abnormally high rates of appreciation, the market has averaged an 8% increase year over year. The COVID years saw a 13% return in 2020, 21% in 2021, and 21% in 2022. The return to historical norms indicates buyers are entering a stable but competitive market. The days of COVID-era double digit price jumps are behind us, which means buyers can expect more predictable growth moving forward. For sellers, homes priced correctly are still moving quickly, supported by the sale to list price ratio and days on market.

Inventory

As of the end of August 2025, we have seen 210 homes sold compared to 258 at this time in 2024. This pullback in sales is largely due to limited inventory. Pre-COVID, the market typically carried around 500 active listings at any given time, while today that number stands at just 134. Following COVID, many new owners entered the LBI market and are still relatively early in their ownership journey, enjoying their properties or running successful rental businesses, which has reduced the number of resale opportunities. While inventory remains a challenge, we have seen an uptick in new listings as we enter the prime of the fall market. Historically, September and October bring strong listing activity as owners conclude their summer season of rentals or personal usage. For sellers, this timing creates an ideal window to capture fresh buyer demand, while buyers benefit from a wider range of options coming onto the market after a tight summer season.

Market outlook

Looking ahead, the LBI real estate market is positioned for a steady close to 2025. With inventory levels expected to rise slightly through the fall, both buyers and sellers will find opportunities to achieve their goals. Buyers can expect more options than the peak summer months, while sellers benefit from motivated buyers eager to secure a home before year-end.

If you’re considering buying, now is the time to watch the market closely. Well priced homes are still moving quickly, and securing a property in the fall can position you to enjoy it for the 2026 summer season. For sellers, this is an opportune moment to list while demand remains strong and competition is limited.

LBI continues to show resilience, stability, and long-term appreciation. These qualities make it not only a summer vacation spot but a smart investment destination. Whether you’re buying, selling, or simply keeping an eye on the market, staying informed helps you make the right move at the right time.

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