LBI Weekly Real Estate Report | August 19th, 2026
Real Estate Market Reports

LBI Weekly Real Estate Report | August 19th, 2026

What's Happening on LBI

The Island Got Quieter This Week
A quieter late August beach on LBI

Something shifts right around this week every year. The college kids head back, families from states that start school in August have already packed up, and you feel it everywhere.

The beaches thin out, parking gets easier, and the Boulevard starts moving again. Meanwhile, the water is about as warm as it gets all year. It's one of the nicest stretches of summer on the island. Warm water, great weather, and a fraction of the crowds. It's always been one of my favorite times to be here.

Just from being out and about this week, the restaurants were noticeably quieter too. So if you have a list of places you've been meaning to get to all summer, now through Labor Day is your window. You have three weekends left, and a few of the island's best will close shortly after that and won't reopen until next May.

Bohdy's Smoothies
The Amethyst smoothie from Bohdy's

Bohdy's has quickly become one of my go-to spots for a smoothie. Everything is made with fresh ingredients, and they keep it simple without any of the artificial stuff.

The Amethyst has been my favorite so far. Strawberry, blueberry, banana, honey, and coconut yogurt. Definitely the one I'd recommend trying first.

Harvey Cedars Shellfish
Calamari Vera Cruz at Harvey Cedars Shellfish

I've had this on my list all summer, but every time I tried to go, the wait was over an hour. With the island a little more cleared out this week, I finally got in without a crazy wait.

I've been eating the Calamari Vera Cruz there since I was a kid, and I really think it's one of the best dishes on the island. This time, I got the calamari sauteed instead of fried, which made it feel like a lighter version of the dish and really let the broth and all the flavors shine. I might actually like it even more this way. The swordfish was great too.

We sat inside this time, which is a completely different experience from eating outside and honestly pretty nostalgic. It feels like nothing in there has changed. The only difference now is they take credit cards, and the handwritten checks are finally a thing of the past.

Beau

Every week we run the same numbers so you can follow what's happening in the LBI market in real time. Here's everything that came through as of August 19.

01 Under Contract 1 Home

Went Under Contract

Reported through August 19

AddressList PriceDays to ContractBuilt Last 4 Yrs
24 Beacon Dr, Long Beach Twp$4,999,000259✓

One home went under contract this week, a $4,999,000 new build in Long Beach Township that had been on the market since early December. It is the highest-priced contract on the island in three weeks.

02 Closed 3 Sales · $9.0M

Closed Sales

Reported through August 19

AddressOriginal ListSoldvs ListDays to Contract
1082B Long Beach Blvd, Long Beach Twp$2,999,000$3,475,000+15.9%5
29 Amherst, Long Beach Twp$3,499,000$2,999,999+3.5%251
7 29th St, Long Beach Twp$2,695,000$2,499,999−3.7%59
Total Volume$8,974,998

vs List compares the sale price to the most recent list price, after any reductions

Three closings, and the one at the top is the story. 1082B Long Beach Blvd sold for $3,475,000 against a $2,999,000 ask, which is $476,000 over, and it went under contract in five days. Only 30 of the 202 homes sold on the island this year have closed above their original asking price.

The vs List column is worth reading closely, because it tells a different story than the original asking price does. 29 Amherst actually sold 3.5% above its list price. It just needed a $600,000 reduction and 251 days to get to a list price buyers agreed with. Against its original November ask it finished 14% down.

That is the difference between the two numbers. Against the original ask, one of these three looks like a win. Against the price each home was actually carrying at the end, two of the three met or beat it.

1082B Long Beach Blvd, Long Beach Township

1082B Long Beach Blvd · Listed at $2,999,000 · Closed at $3,475,000 in five days

Also Reported This Week Entered Late

Here is something about MLS data that most people never see, and it is worth understanding if you follow these numbers week to week.

When a home goes under contract or closes, the listing agent has to go into Bright MLS and change the status. The system lets them enter the date it actually happened, not the date they are sitting there typing. So an agent can log a July 23 contract on August 17 and the record will correctly read July 23.

That is the right way for it to work. The dates stay accurate. But it means a week you already looked at can keep filling in behind you. Everything below was missing when we pulled our numbers on August 13 and had appeared by the time we pulled again on the 19th.

Most were entered within a week. A few took a lot longer. 18 W 7th St went under contract on July 23 and did not show up in the data for roughly three and a half weeks. 20 E South 33rd St took about three weeks.

So rather than quietly restate last week's totals or let these disappear, we list them here in the week they surfaced. They are not counted in the two tables above, and the date column shows when each one actually happened.

Went Under Contract

Happened before August 14, entered this week

AddressList PriceDays to ContractDate
20 E South 33rd St, Long Beach Twp$3,599,00040Jul 27
354 W 11th St, Ship Bottom$2,750,00043Aug 12
7-B Cohasset, Long Beach Twp$2,649,00014Aug 13
18 W 7th St, Barnegat Light$1,599,00041Jul 23
114 W Delaware Ave, Long Beach Twp$1,200,00033Aug 12

Closed Sales

Happened before August 14, entered this week

AddressListSoldvs ListDate
188 Nautilus Dr, Long Beach Twp$4,495,000$4,400,000−2.1%Aug 10
5004 S Long Beach Blvd, Long Beach Twp$2,399,999$2,499,999+4.2%Aug 13
62 Maiden Ln, Long Beach Twp$2,290,000$2,450,000+7.0%Aug 5
221 11th St, Long Beach Twp$1,450,000$1,362,500−6.0%Aug 13
7301 Long Beach Blvd #C-14$949,000$949,000EvenAug 12
Total Volume$11,661,499

Two of these are worth flagging. 62 Maiden Ln closed $160,000 over its list price after six days, never having taken a reduction, so this stretch actually produced two homes selling above ask. And 188 Nautilus Dr at $4.4 million was the largest sale on the island in this window, though it took a $504,000 cut off its original $4,999,000 to get there.

03 How We Compare to Last Year 2026 vs 2025

The tables above show everything reported this week. The comparison below uses strict calendar dates on both sides so the two years line up properly.

This Week vs the Same Week Last Year

August 14 – 19

Metric20262025Change
Under Contract14−3
Closed Sales35−2
Closed Volume$9.0M$13.1M−32%
New Listings1114−3
Active Inventory124145−21

The 2025 column has had a full year to settle while the 2026 column is six days old, so the first two rows will narrow as the rest of this week gets reported. The bottom row is the one that holds up. Active inventory is down 21 homes from this point last year, and that is the backdrop for everything else.

As always, one week is a pretty small sample. The year-to-date numbers give us a much better picture of where the market is actually heading.

Year to Date

January 1 – August 19

Metric20262025Change
Closed Sales202247−18%
Closed Volume$491M$536M−9%
Average Sale Price$2,428,386$2,171,180+12%
Median Sale Price$2,075,000$1,901,983+9%
Sold to List Price97.0%97.2%−0.2 pts
Days on Market8094−14 days
04 Final Thoughts

The story this year still hasn't changed: fewer sales, higher prices, and less to choose from.

Closed sales are down 18% from last year, while the average sale price is up 12% and the median is now over $2 million. Homes are also selling 14 days faster, with 21 fewer homes on the market than at this point in 2025.

That combination tells most of the story. With less inventory and homes moving faster, pricing correctly from the start matters as much as ever.

This week gave us a pretty remarkable example at both ends. 1082B Long Beach Blvd came to market underpriced, went under contract in just five days, and ultimately closed $476,000 over asking. Meanwhile, 29 Amherst started high, needed a $600,000 price reduction, and took 251 days to find a buyer.

Both of these are extreme examples, and neither is really the ideal strategy. Pricing a home close to fair market value from the start remains the surest way to create strong buyer interest, sell in a reasonable amount of time, and optimize the final result.

As always, if you have questions about a specific property, what your home may be worth, or what we're seeing in a certain part of the island, reach out anytime.

Drew

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The Guarino Team 609-467-4061
Beau and Drew
LBI Current Inventory by the Numbers

Current Inventory by the Numbers

As of August 19, 2026
Excludes time shares and duplicate listings
Inventory Snapshot vs. August 12
Active Listings118▲ 4
Average Price$3.06M▼ $40K
Average Days on Market108▼ 3
Median Days on Market68▲ 1
Average Price per Sq Ft$1,265▲ $4
The Highs
$12.50MHighest priced home
$3,081Highest price per sq ft
764Most days on market
2027Newest home
The Lows
$475KLowest priced home
$540Lowest price per sq ft
0Least days on market
1880Oldest home
Listings per Neighborhood 22 Areas
Surf City14
Beach Haven12
Ship Bottom12
Loveladies10
Brant Beach9
Barnegat Light8
Harvey Cedars8
North Beach7
Holgate6
Beach Haven Gardens5
North Beach Haven5
Peahala Park4
Beach Haven Park3
Brighton Beach3
Beach Haven - LEH Yacht2
Beach Haven Crest2
The Dunes2
High Bar Harbor2
Beach Haven Terrace1
Haven Beach1
Long Beach Township1
North Beach - North Beach Estates1
Price Breakout by Range
Price RangeActiveAvg DaysMed Days
Under $1M22424
$1M to $2M298675
$2M to $3M3910968
$3M to $4M3110160
$4M+17163132
Average Price per Sq Ft By Neighborhood
High Bar Harbor$1,558
Loveladies$1,546
Harvey Cedars$1,520
North Beach$1,502
Peahala Park$1,426
Holgate$1,343
Beach Haven - LEH Yacht$1,314
The Dunes$1,295
North Beach Haven$1,289
Barnegat Light$1,280
Beach Haven Gardens$1,221
Beach Haven Park$1,214
Surf City$1,212
Brighton Beach$1,137
Beach Haven$1,130
Brant Beach$1,119
Beach Haven Terrace$1,117
Ship Bottom$1,115
Beach Haven Crest$825
Haven Beach$788
North Beach - North Beach Estates$729
Long Beach Township$625
$600$1,600
New Listings August 14 – 19
AddressPriceDaysNeighborhood
32 N 3rd St$1,650,0002Surf City
115 E 28th St$1,799,0005Ship Bottom
106 E 26th$1,899,0005Ship Bottom
27 N 19th St$2,299,0002Surf City
16 N 9th St$2,350,0000Surf City
5104 West Ave$3,095,0005Holgate
1201 West Ave$3,100,0002Beach Haven - LEH Yacht
9324 Mark Dr$3,495,0001Peahala Park
2011 Sunset Ave$3,595,0005Surf City
4302 S Long Beach Blvd$3,825,0003Holgate

Four of the ten new listings are in Surf City, which now leads the island in active inventory.

Aging Inventory Over 100 Days
9
300+ Days
5
200 to 299 Days
27
100 to 199 Days
AddressNeighborhoodList PriceDays
300+ Days · 9 listings
301 N Beach AveBeach Haven$2,495,000764
704 BroadwayBarnegat Light$2,700,000625
12 5th StBarnegat Light$3,349,900523
128 Long BeachLoveladies$7,495,000470
41 Holly DrLoveladies$4,899,999380
1039-B Long Beach BlvdNorth Beach$5,999,000352
30 W MurielBeach Haven Park$3,395,000348
110 W South 34thBeach Haven Gardens$12,499,000323
1505 N Atlantic AveNorth Beach Haven$3,499,000315
200 to 299 Days · 5 listings
5303 S Long Beach BlvdHolgate$3,699,000285
20 W 87th StBrighton Beach$1,149,000280
2313 N Ocean AveSurf City$3,750,000261
24 W Mears AveBrant Beach$2,899,000228
14 E 81st StreetHarvey Cedars$2,599,000223
100 to 199 Days · 27 listings
706 S Bay AveBeach Haven - LEH Yacht$2,649,000198
10 E 34thBrant Beach$3,095,000195
10-B Long Beach Blvd.Loveladies$5,199,000173
10-C Long Beach Blvd.Loveladies$5,649,000173
10-D Long Beach BlvdLoveladies$5,899,000173
7800 Ocean BlvdBeach Haven Crest$2,299,900173
162 D Long Beach BlvdLoveladies$4,250,000166
268 N 14th StSurf City$1,750,000165
415 N Bay Ave #2Beach Haven$1,795,000162
415 N Bay Ave #3Beach Haven$1,795,000162
415 N Bay Ave #4Beach Haven$1,895,000162
46 W 80th StHarvey Cedars$2,599,999161
2609 Long Beach BlvdLong Beach Township$2,750,000153
13 Hodgson LnBrant Beach$1,800,000152
23 Joshua AveHolgate$2,999,999140
109 E 28th StBeach Haven Gardens$1,750,000134
11 E 30th StBarnegat Light$7,495,000132
2 E 79th StHarvey Cedars$3,945,000131
111 E 22nd StShip Bottom$1,899,999130
2 E Cumberland AveHarvey Cedars$3,999,999125
42 W Cape Cod LnPeahala Park$1,850,000123
2 E 47th StBrant Beach$3,495,000123
8 E Maryland AveBeach Haven Terrace$1,595,000121
103 E 86th St, Sea Glass Ln #ABrighton Beach$2,299,999118
5000 W Bay TerraceHolgate$2,650,000117
4 W Dune LnThe Dunes$4,599,000109
301 W 18th StShip Bottom$1,599,000104

41 of the 118 active listings have been on the market longer than 100 days.

Closed August 14 – 19
AddressPriceDays
1082b Long Beach Blvd$3,475,00077
29 Amherst$2,999,999280
7 29th St$2,499,99987
Contracted August 14 – 19
AddressPriceDays
24 Beacon Dr$4,999,000259

Source: Bright MLS via the LBI transactions database. Active inventory de-duplicated on address. Listings with no subdivision recorded are grouped by municipality. Days on market measured from listing entry date. Contracted days measure list date to contract date.

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328 N 7th Street – Surf City, LBI
328 N 7th Street, Surf City, NJ

Surf City · Long Beach Island

Pagnotta New Construction on the Bay Block

328 N 7th Street · Surf City

$3,449,000
5 Bedrooms
3.5 Bathrooms
2,900 Square Feet
2026 Year Built

Offered at $3,449,000, this Michael Pagnotta design and build on a Surf City bay block is just weeks from completion, putting the buyer in a brand new home this fall with the full 2027 season beyond it. The reverse-living layout delivers 5 bedrooms and 3.5 baths across 2,900 square feet, with an open-concept living level centered on a gas fireplace, expansive decks positioned for bay views and sunsets, and a rooftop deck with panoramic views across the bay and the island. An elevator serves every level, a 2-car attached garage handles the gear, and the coveted southern-facing backyard holds a 10 x 20 heated saltwater pool that gets sun all day. Fee simple, no HOA, and moments from Surf City's shops, restaurants, marinas, and beaches. A Pagnotta build on a bay block, priced at under $1,200 per square foot, in the heart of Surf City.

Property Highlights

328 N 7th Street exterior
Designed and Built by Michael Pagnotta
An award-winning architect and builder whose name carries real weight on LBI. Timeless coastal architecture, luxury finishes, and construction quality buyers seek out by name.
Bay views from the living level
Bay Views from Deck to Rooftop
Expansive decks and the rooftop deck capture the bay, the island, and the evening sky. Bay block lots in the heart of Surf City rarely come up with new construction on them.
Personal pool
Heated Saltwater Pool, Southern Sun
A 10 x 20 heated saltwater pool anchors a coveted southern-facing backyard that holds sunshine all day, on a full 50 x 100 lot that gives the outdoor space room to breathe.
Open-concept living level
Weeks from Completion
Built in 2026 and just weeks from done, with an elevator serving every level and a 2-car attached garage. True new construction without the year-long wait of a ground-up build.
Why We Like It

Surf City just became the busiest corner of the LBI market. Four of the island's ten new listings this past week landed there, and it now leads all neighborhoods in active inventory. Buyers who have been waiting for Surf City suddenly have real options, and a Pagnotta build on a bay block belongs at the top of any tour list.

The number that jumps out to us is price per square foot. At $3,449,000 for 2,900 square feet, this comes in at roughly $1,189 per square foot, right in line with the Surf City average of about $1,212, for brand new construction from one of the island's most sought-after builders. Add the heated saltwater pool in a southern-facing yard, the full 50 x 100 lot, the elevator, and completion just weeks away, and the math and the intangibles point the same direction.


Quick Snapshot

Price$3,449,000
Bedrooms / Bathrooms5 beds · 3 full / 1 half bath
Square Footage2,900 sq ft
Year Built2026 · New construction, weeks from completion
BuilderMichael Pagnotta
LocationSurf City · Bay block (North End)
ViewsBay · Rooftop deck with panoramic bay and island views
Property TypeSingle Family Detached · Reverse Living · Coastal Contemporary · Fee Simple, No HOA
Lot Size50 x 100 (5,001 sq ft) · Southern-facing backyard
Pool10 x 20 heated saltwater pool, in-ground
OutdoorRooftop deck · Expansive decks · Outside shower
InteriorGas fireplace · Engineered wood & tile floors · Stainless appliances · Tankless water heater
ExtrasElevator serving every level · 2-car attached garage · Metal & fiberglass roof
SystemsZoned forced air · Central air · Natural gas
Price per Sq Ft$1,189 · Surf City average is about $1,212
Annual Taxes$4,530 (2025, pre-completion) · Will be reassessed on the finished home
View Full Listing

Courtesy of Freeman & Company Real Estate

The Guarino Team

With Gratitude, We're Happy to Announce
#1 Buyer's Agent Team on LBI By sales & transactions · Through Q2 2026
#1 Office on LBI · Freeman & Co. By sales & transactions · Through Q2 2026

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The Guarino Real Estate Team

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About the author

The Guarino Team

The Guarino Team is a family-run, top-ranked real estate team on Long Beach Island, led by Vincent Guarino and his sons, Drew and Beau. Combining deep local roots with a modern, data-driven approach, the team helps buyers, sellers, and investors navigate the LBI market with confidence. Backed by their experience at Freeman & Company Real Estate—the highest transactional brokerage on LBI—and with offices in Harvey Cedars and Beach Haven, they bring the expertise and perspective needed to navigate complex situations and optimize outcomes for their clients.