LBI Weekly Real Estate Report | June 23rd, 2026
Real Estate Market Reports

LBI Weekly Real Estate Report | June 23rd, 2026

What's Happening on LBI

Last weekend was about as busy as the island gets, and talking to people around town, the consensus is the same everywhere: this is shaping up to be one of the busier Junes in recent memory. It's hard to say whether that's pent-up demand after a long, harsh winter and a soggy spring, or whether it speaks more to how much LBI keeps growing in popularity year after year. Either way, the island felt full, in the best possible way.

New Spots We're Checking Out Three Openings

A handful of new businesses opened their doors this past week, and we've been making the rounds. We shot Instagram videos for Get Roasted, the new coffee shop in Ship Bottom, and Pixie up in Barnegat Light, both are live on @lbi_locals now, with one more on the way for another new business soon. But the spot we keep coming back to, literally, is Bōdhy in Ship Bottom.

Bōdhy Is a Must-Try Ship Bottom

We stopped into Bōdhy this weekend and ended up coming back over and over. The whole concept is built around whole foods, seed-oil-free cooking, and clean eating, and it shows in everything that comes out of the kitchen. We worked our way through multiple bowls and drinks, and every single one was fantastic. A lot of that comes down to the homemade sauces and salsas, which tie everything together.

The standout for us was the steak and egg bowl with the homemade salsa, we'd go back for that one alone. Even the lattes were a hit. If you're trying to eat a clean breakfast or lunch this summer, this is a must-try. You'll find it in the Walters building, right across from Ron Jon on the causeway.

Inside Bodhy in Ship Bottom Bodhy bowls and drinks

And with that, Best of LBI 2026 has officially concluded with the announcement of our Top 10 Foods on LBI. We had a feeling it would spark a few debates, so take a look and see if your favorites made the cut. See the Top 10 here →

This weekend marks the first with kids officially out of school, so expect this to be our busiest week yet. As always, keep an eye out for The 18, which hits your inbox Friday morning with everything you need to plan your weekend on the island.

Beau

June's data points to a clear shift: more homes are coming to market while fewer are going under contract. Together, these trends are beginning to move the LBI market back toward equilibrium, a healthy recalibration after several years of unusually constrained inventory.

01 More Homes Are Coming to Market Supply

Active inventory reached a low point in the low 90s over the winter, among the tightest conditions the market has seen in years. It has since recovered steadily and now stands near 130 homes, roughly 40% above that winter floor and the highest level of available inventory in approximately a year.

Active Inventory by Month

LBI Single & Multifamily · Monthly average · June as of the 24th

92
94
95
119
125
128
131
Dec
Jan
Feb
Mar
Apr
May
Jun
Monthly average Today

New listing activity reinforces the trend. Through June 24, more homes have come to market this year than in any of the prior three years, and well above last year's pace, a notable departure from the typical early-summer slowdown.

New Listings by Year

June 1 – 24 · LBI Single & Multifamily

39
38
23
42
2023
2024
2025
2026
New listings This year
02 Fewer Are Going Under Contract Demand

On the demand side, activity has moderated. Homes going under contract through June 24 are running at a multi-year low, indicating that new supply is entering the market faster than it is being absorbed.

Homes Under Contract by Year

Under contract June 1 – 24 · LBI Single & Multifamily

39
29
27
19
2023
2024
2025
2026
Under contract This year

More homes coming to market, paired with fewer going under contract, signals a market moving back toward balance, a welcome recalibration after several years of severely limited inventory.

03 The Market Is Rebalancing Why It Matters

Taken together, these are constructive developments. A larger pool of active listings provides more comparable sales, and more comparables bring greater discipline to pricing. In a tight market, sellers often listed aggressively with limited recent data to guide them, a dynamic that was evident this spring. A more balanced market encourages sellers to price in line with the comparables to remain competitive, which leads to more accurate pricing, smoother transactions, and a healthier market overall.

We remain cautiously optimistic. A few strong months do not establish a trend, but this is precisely the type of rebalancing the market has needed, and we are hopeful it continues. For those considering a move, conditions are increasingly favorable to buyers, while well-priced homes continue to attract strong interest. As always, please reach out with any questions specific to your property or situation.

Drew

Want this delivered to your inbox every week?

Get our weekly LBI market updates, local happenings, and off-market opportunities sent directly to you.

Subscribe to the Weekly Newsletter
The Guarino Team 609-467-4061
Beau and Drew
Market Data — Guarino Team
Market Data
LBI Real Estate Activity
Jun 16 –Jun 23
15
New Listings
3
Under Contract
6
Expired
Net Listings Gained
+6
Scroll to explore the full market dashboard ↓

New Listings

Fresh on the Market - the island's newest listings.


Search Properties

Explore curated listings sorted from highest to lowest price.


Highest to Lowest


Lowest to Highest


By Neighborhood


103 E Lillie Avenue Unit B – Beach Haven Gardens, LBI
103 E Lillie Avenue Unit B, Long Beach Township, NJ

Beach Haven Gardens · Long Beach Island

Ocean-Block Coastal Retreat Just Six Houses from the Sand

103 E Lillie Avenue, Unit B · Long Beach Township

$1,950,000
4 Bedrooms
3.5 Bathrooms
1,654 Square Feet
2007 Year Built

Offered at $1,950,000, this coastal-contemporary townhome sits just six houses from the sand on a coveted ocean block in Beach Haven Gardens. Inside its 1,654 square feet, a reverse-living layout puts the action up top: the sun-drenched main floor features soaring volume ceilings, a cozy gas fireplace, a powder room, and a spacious primary suite, with an open-concept living, dining, and kitchen that flows out to a front deck made for morning coffee. Climb to the expansive rooftop deck for panoramic views of both the Atlantic and the sunsets over the bay. The mid-level keeps everyone comfortable with a junior suite, two guest bedrooms, a full hall bath, and dedicated laundry. Outside, a private fenced backyard — with room for a 10×20 pool — plus a large 1-car garage round out one of the easiest ocean-block buys on the island.

Property Highlights

Six Houses from the Sand
A prime ocean-block position in Beach Haven Gardens puts LBI's white-sand beaches just steps from the door — and local restaurants, ice cream parlors, and shops a short stroll away.
Rooftop Deck, Ocean & Bay Views
An expansive rooftop deck captures panoramic views of the Atlantic and evening sunsets over the bay, while the main-level front deck is built for morning coffee in the sea breeze.
Private Backyard with Room for a Pool
A rare private, fenced backyard built for post-beach barbecues — with room for a 10×20 in-ground pool to make it your own (virtual rendering available).
Smart Reverse-Living Layout
Volume ceilings, a gas fireplace, and an open great room up top; a junior suite, two guest bedrooms, full hall bath, and laundry below — plus a 1-car garage with massive gear storage.
Why We Like It

An ocean-block home under $2 million is increasingly hard to find on LBI — and one this close to the sand, six houses out, is rarer still. A lot of that value comes from the format: side-by-side duplexes deliver the bedrooms, location, and pool potential of a single-family home at a meaningful discount. And while they can read as smaller from the curb, these layouts almost always feel more intimate and private on the inside than they look from the outside.

The long-term upside is the private fenced backyard with room for a 10×20 pool — a genuine rarity at this price and location. Pair that with a rooftop deck overlooking the ocean and bay and a walkable Beach Haven Gardens setting, and you have a property that works just as well as a summer escape as it does a rental investment.


Quick Snapshot

Price$1,950,000
Bedrooms / Bathrooms4 beds · 3 full / 1 half bath
Square Footage1,654 sq ft
Year Built2007
LocationBeach Haven Gardens · Ocean Block (Long Beach Township)
ViewsOcean & Bay
Property TypeCoastal Contemporary Townhome (Reverse Living)
OutdoorRooftop deck · Front deck · Private fenced backyard · Room for 10×20 pool
Lot Size60 × 90
Parking1-car attached garage · Driveway
View Full Listing

Courtesy of Freeman & Company Real Estate

The Guarino Team

Top-Ranked Team · Top-Ranked Brokerage
#1 Buyer's Agent Team on LBI By sales & transactions · Through Q2 2026
#1 Brokerage on LBI · Freeman & Co. By sales & transactions · Through Q2 2026
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.

We don't just know the Long Beach Island market. We live it, invest in it, and study it every single day.

From accurate pricing guidance and rental ROI projections to strategic offer structures that win in competitive situations, we help buyers approach the market with clarity and confidence.

With deep local roots, modern valuation technology, and a relentless work ethic, we're redefining what a real estate advisor should be.

Ready to Begin Your LBI Journey?

It's never too early to reach out. The more time we have to understand what you're looking for, the better positioned you'll be when the right property comes along.

Featured Market Insight

NJ 4-Foot Flood Rule — What It Means for LBI

NJ 4 Foot Flood Rule Long Beach Island
The Guarino Team
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.