3RD QUARTER SEA ISLE CITY,NJ 2009 STATISTICS:

 

RESIDENTIAL                             UNDER CONTRACT                  COMPARABLE SALES

JULY                                                               0                                                          0

AUGUST                                                         1                                                          1

SEPTEMBER                                                 0                                                           0

 

LOTS/LAND                                  UNDER CONTRACT                  COMPARABLE SALES

JULY                                                                 0                                                         0

AUGUST                                                           0                                                         0

SEPTEMBER                                                   0                                                         0

 

COMMERCIAL                             UNDER CONTRACT                 COMPARABLE SALES 

JULY                                                                  0                                                         0

AUGUST                                                            0                                                         1

SEPTEMBER                                                    0                                                         0

 

 

MULTI-FAMILY                          UNDER CONTRACT                COMPARABLE SALES

JULY                                                                0                                                      0   

AUGUST                                                          0                                                      0

SEPTEMBER                                                  1                                                      0

 

CONDO/TOWNHOUSE               UNDER CONTRACT               COMPARABLE SALES

JULY                                                                11                                                     11

AUGUST                                                          17                                                     5

SEPTEMBER                                                  18                                                     11

(46)                                                                                                      (27)

                                ORIGINAL List     REDUCED Price     SOLD Price     Days on Mkt

JULY                      $ 598,518.                  $ 575,336.                $ 540,720                 165

AUGUST                   555,780.                     547,960.                   521,000.                202

SEPTEMBER           701,527.                     644,145.                   607,454.                187

 

3RD QTR

AVERAGE              ($ 618,608.)              ($ 589,147.)             ($ 556,391.)            (185)

-         Difference between ORIGINAL List Price and SOLD Price = (10%)

-         Difference between ORIGINAL List Price and REDUCED Price = (5%)

 

 

2009 SEA ISLE CITY,NJ 1ST QTR 2ND QTR 3RD QTR:

 

CONDO/TOWNHOUSE:

                    Average Original          Average Reduced          Average Sold         Average Days

                    List Price                       List Price                        Price                       on Market

1ST QTR    $ 748,670.                      $ 700,060.                       $ 654,536.                    209

2ND QTR         698,810.                         661,931.                         626,890.                    214

3RD QTR         618,608.                         589,147.                         556,391.                    185

 

TOTAL CONDO/TOWNHOUSE UNITS: UNDER CONTRACT  COMPARABLE SALES

1ST QTR                                                                             34                                       28

2ND QTR                                                                            29                                        49

3RD QTR                                                                             46                                       27

(109)                                                                    (104)

TOTAL CONDO/TOWNHOUSE NEW CONSTRUCTION SOLD = (23)