2011 JULY - SEA ISLE CITY,NJ:

 

RESIDENTIAL UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)

RESIDENTIAL COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (0)

 

LOTS/LAND UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)

LOTS/LAND COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (0)

 

COMMERCIAL UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)

COMMERCIAL COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

4110 Landis Suite C $195,000. $162,900. $130,000. 7/7/11 574

Average Original Average Reduced Average Sold Average Days on

List Price = $195,000. List Price = $162,900. Price = $130,000. Market = 574

-          Difference between ORIGINAL List Price and SOLD Price = (33%)

-          Difference between ORIGINAL List Price and REDUCED Price = (17%)

 

MULTI-FAMILY UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)

MULTI-FAMILY COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (5)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

34 35th (3)Bed.,(2)Bth. #2-West $424,000. $379,500. 285

*228 43rd (5)Bed.,(3)Bth. North 519,000. SAME 184

5910 Pleasure (4)Bed.,(3)Bth. South 675,000. 640,000. 156

21 76th (4)Bed.,(2.5)Bth. East 798,900. SAME 9

*352 47th Place (4)Bed.,(3.5)Bth. East 1,195,000. SAME 1

(2)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (9)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

6201 Central (4)Bed.,(3)Bth. North $599,000. $499,000. $455,000. 7/24/11 293

*244 38th (6)Bed.,(4.5)Bth. West 589,000. SAME 571,000. 7/29/11 140

*135 42nd (5)Bed.,(3/2)Bth. East 599,000. 575,000. 575,000. 7/1/11 324

347 40th (5)Bed.,(3)Bth. North 639,000. SAME 585,000. 7/7/11 54

*135 42nd (6)Bed.,(4.5)Bth. West 599,000. 575,000. 586,300. 7/1/11 324

*244 38th (6)Bed.,(4.5)Bth. East 589,000. SAME 589,000. 7/29/11 140

373 44th (4)Bed.,(3.5)Bth. East 749,999. SAME 695,000. 7/22/11 65

85 85th (4)Bed.,(3.5)Bth. #5 799,999. SAME 785,000. 7/1/11 286

2607 Landis (4)Bed.,(3)Bth. South 1,279,000. 1,199,500. 999,500. 7/22/11 316

(4)NEW CONSTRUCTION

(6,442,998.) (6,215,498.) (5,840,800.) (1,942)

Average Original Average Reduced Average Sold Average Days on

List Price = $715,889. List Price = $690,611. Price = $648,978. Market = 216

-          Difference between ORIGINAL List Price and SOLD Price = (9%)

-          Difference between ORIGINAL List Price and REDUCED Price = (4%)

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 9-8-2011) = 308

RESIDENTIAL 17

LOTS/LAND 8

COMMERCIAL 8

MULTI-FAMILY 12

CONDO/TOWNHOUSE 263

 

 

2011 AUGUST SEA ISLE CITY,NJ:

 

RESIDENTIAL UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)

RESIDENTIAL COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

5501 Landis (5)Bed.,(2)Bth. $699,000. $549,000. $435,000. 8/26/11 410

Average Original Average Reduced Average Sold Average Days on

List Price = $699,000. List Price = $549,000. Price = $435,000. Market = 410

-          Difference between ORIGINAL List Price and SOLD Price = (38%)

-          Difference between ORIGINAL List Price and REDUCED Price = (22%)

 

LOTS/LAND UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)

LOTS/LAND COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

COMMERCIAL UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)

COMMERCIAL COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)

MULTI-FAMILY COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (9)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

3700 Boardwalk (2)Bed.,(2)Bth. #605 $399,000. SAME 2

*4204 Landis (4)Bed.,(2.5)Bth. #201 479,000. 449,000. 133

250 57th (4)Bed.,(3)Bth. East 499,000. SAME 34

7409 Landis (4)Bed.,(2)Bth. North 539,000. SAME 67

113 74th (4)Bed.,(2.5)Bth. West 689,000. 599,000. 149

114 West Jersey (4)Bed.,(2.5)Bth. East 619,000. 610,000. 52

3700 Boardwalk (3)Bed.,(2)Bth. #612-S 620,000. SAME 101

118 81st (4)Bed.,(3)Bth. East 724,900. SAME 31

9400 Roberts (3)Bed.,(2)Bth. #405 795,000. SAME 34

(1)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (6)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

61 85th (1)Bed.,(1)Bth. #305A $249,900. SAME $230,000. 8/25/11 32

115 40th (3)Bed.,(1.5)Bth. #4E 309,000. 274,900. 265,000. 8/29/11 207

*309 56th (2)Bed.,(1.5)Bth. #A5 399,000. 379,900. 360,000. 8/19/11 263

9 44th (2)Bed.,(2)Bth. #303 515,000. 469,000. 427,500. 8/19/11 571

*228 43rd (5)Bed.,(3)Bth. North 519,000. 517,000. 460,000. 8/19/11 209

5412 Central (4)Bed.,(2.5)Bth. West 630,000. 625,000. 600,000. 8/1/11 204

(2) NEW CONSTRUCTION (2,621,900.) (2,515,700.) (2,342,500.) (1,486)

Average Original Average Reduced Average Sold Average Days on

List Price = $436,983. List Price = $419,283. Price = $390,417. Market = 248

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

-          Difference between ORIGINAL List Price and REDUCED Price = (4%)

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 10/6/2011) = 314

RESIDENTIAL 19

LOTS/LAND 6

COMMERCIAL 8

MULTI-FAMILY 10

CONDO/TOWNHOUSE 271

 

2011 SEPTEMBER SEA ISLE CITY, NJ:

RESIDENTIAL UNDER CONTRACT: 9/1/2011 TO 9/30/2011 = (0)

RESIDENTIAL COMPARABLE SALES: 9/1/2011 TO 9/30/2011 = (0)

 

LOTS/LAND UNDER CONTRACT: 9/1/2011 TO 9/30/2011 = (0)

LOTS/LAND COMPARABLE SALES: 9/1/2011 TO 9/30/2011 = (0)

 

COMMERCIAL UNDER CONTRACT: 9/1/2011 TO 9/30/2011 = (0)

COMMERCIAL COMPARABLE SALES: 9/1/2011 TO 9/30/2011 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 9/1/0211 TO 9/30/2011 = (0)

MULTI-FAMILY COMPARABLE SALES: 9/1/2011 TO 9/30/2011 = (0)

 

 

CONDO/TOWNHOUSE UNDER CONTRACT: 9/1/2011 TO 9/30/2011 = (12)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

61 85th (1)Bed.,(1)Bth. #A-404 $350,000. $269,900. 171

5400 Landis (2)Bed.,(1.5)Bth. #C 324,900. SAME 39

4508 Landis (3)Bed.,(2)Bth. #301 359,000. 329,000. 117

*4204 Landis (3)Bed.,(2)Bth. #302 429,000. 399,000. 167

*4204 Landis (3)Bed.,(2)Bth. #205 439,000. 399,000. 168

3500 Boardwalk (2)Bed.,(2)Bth. #620-N 405,000. SAME 2

9 44th (2)Bed.,(2)Bth. #208 415,000. SAME 1

230 81st (4)Bed.,(3.5)Bth. South 499,000. SAME 31

5404 Central (5)Bed.,(3)Bth. South 639,900. 599,000. 212

21 37th (4)Bed.,(3.5)Bth. West 640,000. SAME 39

130 48th (5)Bed.,(3.5)Bth. West 679,000. SAME 30

*25 46th (6)Bed.,(4.5)Bth. East 849,000. SAME 77

(3)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: 9/1/2011 TO 9/30/2011 = (5)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

*4204 Landis (3)Bed.,(2)Bth. #301 $439,000. $399,000. $382,000. 9/29/11 175

125 83rd (4)Bed.,(2)Bth. East 549,000. 529,000. 485,000. 9/2/11 347

138 42nd (4)Bed.,(3.5)Bth. East 599,000. SAME 502,000. 9/28/11 373

30 52nd (4)Bed.,(2)Bth. South 577,000. 569,000. 527,000. 9/9/11 81

*110 65th (6)Bed.,(4.5)Bth. East 759,900. SAME 742,500. 9/30/11 119

(2)NEW CONSTRUCTION (2,923,900.) (2,855,900.) (2,638,500.) (1,095)

Average Original Average Reduced Average Sold Average Days on

List Price = $584,780. List Price = $571,180. Price = $527,700. Market = 219

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

-          Difference between ORIGINAL List Price and REDUCED Price = (2%)

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 10/14/2011) = 315

RESIDENTIAL 19

LOTS/LAND 6

COMMERCIAL 8

MULTI-FAMILY 11

CONDO/TOWNHOUSE 271