Long Beach Island Market Recap - April 2026

Long Beach Island's April 2026 housing market saw 26 closed sales with well-priced homes going under contract in a median of just 28 days.

Long Beach Island Real Estate — April 2026 Market Recap

April was a slow month in terms of total transactions considering we are in the peak of the spring market. Over the last 5 years on average in April there were 31 single-family home sales while this April we saw only 24 sales. There was a significant amount of strength in the high-end luxury segment of the market. The average sale price jumped to $2.96 million, a 20.7% increase over March's $2.45 million. Much of that jump is attributable to a cluster of high-end closings above $5 million, including a 7-bedroom home on Holly Drive that sold for $7.7 million and a 6,471 sq ft oceanfront at 6601 Ocean Blvd that closed at nearly $8 million. The median sale price, which filters out those outliers, came in at $2.16 million, essentially flat compared to March, confirming that the core of the market remains steady.

The average DOM came in at 50 days, but the median of 28 days tells another story. Well-priced homes, those listed in line with recent comparable sales, and in great locations with good lot sizes, are moving quickly. 12 of the 26 closings went under contract in 30 days or fewer. The outliers dragging the average up are homes where sellers tested the market above comps or are in less desirable locations, a pattern that is increasingly penalized by buyers. The sale-to-list ratio of 96.6% (slightly below March's 97.2%) reflects this dynamic: multiple offers on correctly priced properties are being offset by negotiated discounts on the overpriced ones.