SEA ISLE CITY, NJ PAST YEAR-END COMPARISONS:

CONDO-

TOWNHOUSE 2005 2006 2007 2008 2009 2010

TOTAL SALES: 221 136 214 160 155 154

 

New Construction 58 59 95 45 40 36

 

AVERAGE

LIST Price $834,469. $927,244. $853,451. $676,323. $689,947. $696,094.

 

AVERAGE

SOLD Price $786,696. $798,974. $743,963. $596,226. $617,630. $609,637.

 

% SOLD Price

To LIST Price 6% 14% 13% 12% 11% 13%

 

TOTAL SALES

VOLUME:$173,859,881. $108,604,383. $163,436,945. $95,202,375. $91,089,800. $94,292,450.

 

AVERAGE

DAYS ON MARKET 194 205 229 214 207 206

 

RESIDENTIAL 2005 2006 2007 2008 2009 2010

TOTAL SALES: 25 14 11 16 7 15

 

New Construction 0 3 1 2 1 0

 

AVERAGE

LIST Price $1,072,336. $1,163,729. $1,203,100. $821,444. $1,607,833. $837,701.

 

AVERAGE

SOLD Price $918,796. $998,857. $1,003,182. $696,701. $1,122,857. $707,697.

 

% SOLD Price

To LIST Price 14% 14% 17% 15% 30% 16%

 

TOTAL SALES

VOLUME: $22,969,900. $13,984,000. $11,035,000. $14,043,000. $7,860,000. $15,716,725.

 

AVERAGE

DAYS ON MARKET 216 195 159 186 228 145

NOTE: All sale statistics are based upon information submitted to our Cape May County Board of Realtors, MLS SERVICE. Date Prepared 1/14/2011.