2ND QUARTER SEA ISLE CITY, NJ 2011 STATISTICS:

RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

-          APRIL 0 1

-          MAY 0 0

-          JUNE 0 0

NEW CONSTRUCTION SALES RESIDENTIAL 2ND QTR = (0)

 

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

-          APRIL 1 0

-          MAY 0 0

-          JUNE 0 0

 

COMMERCIAL: UNDER CONTRACT COMPARABLE SALES

-          APRIL 0 0

-          MAY 0 0

-          JUNE 0 0

 

MULTI-FAMILY: UNDER CONTRACT COMPARABLE SALES

-          APRIL 0 2

-          MAY 0 1

-          JUNE 1 1

(1)  (4)

 

CONDO/TOWNHOUSE: UNDER CONTRACT COMPARABLE SALES

-          APRIL 13 17

-          MAY 12 18

-          JUNE 11 12

(36) (47)

ORIGINAL List Price REDUCED List Price SOLD Price DAYS on Market

APRIL $561,800. $543,582. $515,668. 173

MAY 765,122. 704,683. 661,944. 212

JUNE 642,858. 616,192. 579,444. 225

 

($1,969,780.) ($1,864,457.) ($1,757,056.) (610)

2ND QUARTER

AVERAGE: $656,593. $621,486. $585,685. 203

-          Difference between ORIGINAL List Price and SOLD Price = (11%)

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

 

2ND QTR CONDO/TOWNHOUSE NEW CONSTRUCTION UNDER CONTRACT = (11)

2ND QTR CONDO/TOWNHOUSE NEW CONSTRUCTION COMPARABLE SALES = (10)

SEA ISLE CITY COMPARISON 2ND QTR: 2009-2010-2011:

2ND QTR: 2009 2ND QTR: 2010 2ND QTR:2011

CONDO/TOWNSE CONDO/TOWNHSE CONDO/TOWNHSE

UNDER CONTRACT 29 26 36

COMPARABLE SALES 49 51 47

 

AVERAGE List Price: $698,810. $655,950. $656,593.

AVERAGE SOLD Price: $626,890. $592,253. $585,685.

DAYS on MARKET: 214 176 203

 

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1ST QUARTER SEA ISLE CITY, NJ. 2011 STATISTICS:

UNDER COMPARABLE AVERAGE AVERAGE DAYS ON

CONTRACT SALES LIST PRICE SOLD PRICE MARKET

CONDO/TOWN: 38 38 $714,707. $633,726. 230