LBI Weekly Real Estate Report | June 16th, 2026
Real Estate Market Reports

LBI Weekly Real Estate Report | June 16th, 2026

What's Happening on LBI

Summer on LBI is officially here, and this past week felt like the real kickoff. We had two of the biggest events of the year back-to-back with HopSauce and the Lighthouse International Film Festival, and both absolutely crushed it. Everywhere we went, people were talking about how good they were.

HopSauce packed Bay Village with a great crowd, live music, craft beer, hot sauce, and some perfect weather. Meanwhile, the film festival took over the island all week, with screenings, events, and people bouncing from town to town catching films.

One thing that's become impossible not to notice is how much the Lighthouse International Film Festival has grown. Somehow it gets bigger every year. More films, more people, more buzz. The weekly pass seemed to be one of the best deals on the island, not just because of the screenings but because of all the extra events and dining experiences tied into it. It's become a really cool part of the island's culture and something a lot of people look forward to every June.

Best of LBI 2026 Winners Are Live Reader Awards

We've been wanting to do this for a long time, so we're excited to finally share it: the Best of LBI 2026 winners are officially here.

More than 5,000 ballots were submitted across 21 categories, and the results are now live. A huge thank you to everyone who voted. We all have our opinions about where to eat, grab a drink, get breakfast, or spend a night out, so it was a lot of fun seeing how everything shook out. Check out all the winners here →

We're already looking forward to doing it again next year.

And we're not done. Next week we'll be releasing our Top 10 Foods on LBI list, which should spark a few debates.

New Businesses We're Checking Out On Instagram Soon

Over the past week we also got a sneak peek inside a couple of the island's newest businesses, and we'll be sharing those videos on Instagram over the next few days.

First up is Pixie in Barnegat Light, followed by Get Roasted in Ship Bottom. We sat down with the owners, got a look inside the businesses, and learned a little about what they're building. Keep an eye on @lbi_locals for those.

One last thing worth mentioning. We stopped into Triton after the beach last weekend, and their happy hour was outstanding. It's quickly become one of our favorite post-beach spots. Grab a drink, order a few things from the raw bar, sit outside, and relax before heading home or getting ready for dinner. It's exactly the kind of place you want to stumble into after a day on the sand.

And don't forget, The 18 lands in your inbox Friday morning with everything happening around the island this weekend.

Beau

June has been active, and the real story this month is inventory. After a quieter stretch, a meaningful wave of fresh listings has hit the market, including a few coming-soon new-construction homes that we think are genuinely intriguing. Last week alone we saw 13 new listings come on and 7 homes go under contract.

01 Fresh Inventory Is Hitting Through June 17

Looking at the same June 1–17 window each year, new listings this June (28) are up sharply from last June's 18 and among the strongest we've seen in recent years. For buyers who spent the spring frustrated by thin options, that's real, new supply finally coming online.

New Listings by Year

June 1–17 · LBI Single & Multifamily

YearNew Listings
202325
202428
202518
202628

There's a bigger shift behind this worth pointing out. LBI used to be a spring and fall market, and listing in June was discouraged. The conventional wisdom was that you'd missed the spring window, so the smarter move was to sit tight and wait until August to catch the fall buyers. That logic no longer holds. Summer activity has picked up meaningfully over the last several seasons, and June is now a strong time to bring a home to market, not a reason to wait.

The real headline is consistency. LBI is trending toward a flatter, more even market across the year, without the sharp spring peaks and summer dips of the past, which makes June a perfectly fine time to list.

02 Where the Inventory Is Landing By Price Band

Most of this new supply is landing up the price scale. The $2M–$3M band is the single most-listed range on the island this June, roughly 70% of the new listings are priced at $2M+, the median new listing is sitting near $2.5M, and about a third are new construction, which is a big part of why those coming-soon new builds are worth watching.

New Listings by Price Band

June 1–17 2026 · Single & Multifamily

Price BandNew Listings
Under $1M1
$1M–$2M7
$2M–$3M10
$3M–$4M5
$4M+5
Total28

Encouragingly, buyers are right there with it. 60% of the homes that went under contract this June were priced at $2M or higher, compared to about a third last June, the $2M–$3M band has pulled even with $1M–$2M for the most contracts, and the median home under contract has jumped to about $2.45M, up from roughly $1.4M a year ago. In short, the new supply is arriving right where demand is strongest.

If you've been thinking about listing, the takeaway is simple: there are active buyers right now, June is no longer a season to wait out, and well-positioned homes, especially in that upper-middle band, are finding their buyers. As always, feel free to reach out with any market-specific questions.

Drew

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The Guarino Team 609-467-4061
Beau and Drew
Market Data — Guarino Team
Market Data
LBI Real Estate Activity
Jun 9 –Jun 15
13
New Listings
7
Under Contract
3
Expired
Net Listings Gained
3
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262 N 14th Street – Surf City, LBI
262 N 14th Street, Surf City, NJ

Surf City · Long Beach Island

Brand-New Bayside Retreat with a Private Pool & Cabana

262 N 14th Street, Surf City

$2,995,000
5 Bedrooms
3.5 Bathrooms
2,750 Square Feet
2026 Year Built

Offered at $2,995,000, this brand-new 2026 coastal contemporary sits bayside in the heart of red-hot Surf City. Sold fully furnished and completely turnkey, the reverse-living floor plan packs 5 bedrooms and 3.5 baths into 2,750 sq ft of high-end, designer-furnished interior. The showpiece is the backyard: a private in-ground saltwater pool anchoring an entertainer's oasis, with a custom cabana — complete with its own TV — for game days, movie nights, and shade between dips. Add bay views, an elevator, 2-zone HVAC, and a walkable location near Surf City's beaches, restaurants, and shops, and you have a finished home that lives the way modern buyers want from day one.

Property Highlights

Private Pool & Custom Cabana
A large in-ground saltwater pool anchors a private backyard oasis, paired with a custom cabana — TV included — built for hosting summer gatherings, game days, and easy poolside afternoons in the shade.
Brand-New 2026 Construction
A completed new build offered fully furnished with designer furnishings, high-end finishes, an open floor plan, and upgraded countertops — turnkey from the day you close.
Bayside in the Heart of Surf City
Bay views and a bayside setting, just a short walk to Surf City's renowned beaches, restaurants, shops, mini golf, and ice cream — one of LBI's most sought-after, walkable towns.
Built for Easy Island Living
A reverse-living layout with an elevator, gas fireplace, 2-zone HVAC, tankless hot water, a 2-car attached garage, paver driveway, and an outside shower — nothing left to do.
Why We Like It

Brand-new construction under $3 million is genuinely rare on LBI right now — and finding one with five bedrooms plus this level of luxury is rarer still. Most homes that check all of these boxes are north of three. To get a finished 2026 build with a private saltwater pool, a custom cabana, an elevator, and a fully furnished, designer interior under that number is the kind of value that doesn't sit on the market long.

The amenity package is what sets it apart. A private pool and custom cabana — the part of the house everyone gravitates to — pair with bay views, a reverse-living layout, and an elevator built for the long haul. Add a walkable bayside location in the heart of red-hot Surf City and a completely turnkey handoff, and you have a property that works just as well as a summer home as it does an investment in one of the island's most in-demand markets.


Quick Snapshot

Price$2,995,000
Bedrooms / Bathrooms5 beds · 3 full / 1 half bath
Square Footage2,750 sq ft
Year Built2026 · New Construction
LocationSurf City · Bayside
ViewsBay
Property TypeSingle-Family · Coastal Contemporary (Reverse Living)
OutdoorIn-ground saltwater pool · Custom cabana · Roof deck · Outside shower
FurnishingsSold fully furnished · Turnkey
Lot Size40 × 100 · 4,000 sq ft
Parking2-car garage · Paver driveway
View Full Listing

Courtesy of Freeman & Company Real Estate

The Guarino Team

The Island's Fastest-Growing Real Estate Team

The Guarino Real Estate Team

We're not just here to open doors — we're here to make sure you walk through the right one.

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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.