Key Market Statistics:
Median Sold Price: $385,000 (Down 3.8% MoM)
Sold-to-List Price Ratio: 97.1%
Days on Market: 52 Days (Up 48.6% MoM)
Inventory Levels: 5.5 Months
Inventory Change: Down 2.3% Month-over-Month; Up 37.5% Year-over-Year
Median Sold Price Per Square Foot: $535
Co-op Prices:
The median list price for new co-op listings in Long Beach jumped significantly this April to $540,000, an 8.2% increase over the previous month. However, the median sold price settled at $385,000, reflecting a slight monthly cooling of 3.8%.
In the high-rise and luxury-adjacent buildings that line the boardwalk, the price per square foot is the most critical metric for valuation. Currently, the median list price per square foot for active inventory stands at $585. This metric allows owners to accurately compare their units' value regardless of varying floor plans or terrace sizes.
Inventory Trends
Inventory has seen a dramatic shift over the last twelve months. While we saw a slight monthly dip of 2.3% in the supply of homes, the year-over-year data reveals a 37.5% increase in available inventory. With 5.5 months of supply, the market is inching closer to a "Balanced Market," providing more breathing room for buyers who felt boxed out during the inventory droughts of previous years.
The number of new listings entering the market rose by 47.6% this month, bringing 11 new properties to the local inventory.
Advice for the Long Beach Market
For Sellers
While list prices are trending upward, the increase in Days on Market (now at 52 days) suggests that buyers are becoming more discerning. Pricing your co-op accurately according to the $535 median sold price per square foot is essential to avoid stagnation. Ensure your board packages are organized and your unit is "turn-key" to compete with the rising number of active listings.
For Buyers
The 37.5% year-over-year increase in inventory is your greatest advantage. You have more options now than you did at this time last year. With a sold-to-list price ratio of 97.1%, there is a modest window for negotiation. Focus on buildings with strong reserves and reasonable maintenance fees, as these remain the gold standard for long-term appreciation in Nassau County.
Contact Educators Realty today to navigate the complexities of the Long Beach co-op market. Whether you are looking for a boardwalk retreat or listing a penthouse, we provide the local expertise you need.
See available Long Beach co-ops and condos for sale here.
Data Source: RPR / OneKey MLS (Data as of April 2026)