2010- JULY SEA ISLE CITY, NJ:

 

RESIDENTIAL UNDER CONTRACT: JULY 1, 2010 TO JULY 31, 2010 = (0)

RESIDENTIAL COMPARABLE SALES: JULY 1, 2010 TO JULY 31, 2010 = (3)

ORIGINAL REDUCED SOLD CLOSING DATE

ADDRESS LIST RPICE PRICE PRICE DATE onMkt

238 85th(3)Bed.,(1.5)Bth. $515,000. SAME $460,000. 7/16/10 118

13 71st(3)Bed.,(2)Bth. 1,275,000. 1,200,000. 1,169,225. 7/19/10 174

8223 Sounds(5)Bed.,(3)Bth. 1,595,000. SAME 1,475,000. 7/1/10 146

(3,385,000.) (3,310,000.) (3,104,225.) (438)

Average Original Average Reduced Average Sold Average Days on

List Price = $1,128,333. List Price = $1,103,333. Price = $1,034,742. Market = 146

-         Difference between ORIGINAL List Price and SOLD Price = (8%)

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

 

LOTS/.LAND UNDER CONTRACT: JULY 1, 2010 TO JULY 31, 2010 = (0)

LOTS/LAND COMPARABLE SALES: JULY 1, 2010 TO JULY 31, 2010 = (0)

 

COMMERCIAL UNDER CONTRACT: JULY 1, 2010 TO JULOY 31, 2010 = (0)

COMMERCIAL COMPARABLE SALES: JULY 1, 2010 TO JULY 31, 2010 = (0)

 

MULTI-FAMILY UNDER CONTRACT: JULY 1, 2010 TO JUL7 31, 2010 = (0)

MULTI-FAMILY COMPARABLE SALES: JULY 1, 2010 TO JULY 31, 2010 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: JULY 1, 2010 TO JULY 31, 2010 = (7)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

221 87th(2)Bed.,(1)Bth. #202 $260,000. $249,000. 50

310 47thPl(3)Bed.,(2)Bth. 2ndFl 599,000. 549,000. 44

21 79th(4)Bed.,(2)Bth. South 699,000. 665,000. 522

7610 Pleasure(4)Bed.,(2)Bth. North 766,000. 698,000. 110

6611 Landis(4)Bed.,(3.5)Bth. North 769,000. 699,000. 269

* 6604 Landis(5)Bed.,(3.5)Bth. North 699,500. SAME 6

3608 Sounds(4)Bed.,(2)Bth. North 899,000. SAME 312

(1)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: July 1, 2010 to July 31, 2010 = (12)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

370 43rdPl(3)Bed.,(1)Bth. #A $295,000. $250,000. $250,000. 7/15/10 251

* 4009 Landis(3)Bed.,(2)Bth. #6 439,000. SAME 425,000. 7/1/10 118

5701 Sounds(3)Bed.,(2)Bth. 1stFl 450,000. SAME 430,000. 7/1/10 52

* 4601 Landis(3)Bed.,(2)Bth. #F 440,000. SAME 433,000. 7/10/10 72

* 4601 Landis(4)Bed.,(2.5)Bth. #A 490,000. SAME 450,000. 7/17/10 115

 

5804 Central(4)Bed.,(2.5)Bth. South 569,000. SAME 540,000. 7/29/10 101

30 55th(4)Bed.,(2)Bth. West 825,000. 699,000. 645,000. 7/20/10 932

367 43rdPl(4)Bed.,(3)Bth. East 849,000. SAME 799,000. 7/8/10 190

* 301 47thPl(5)Bed.,(3.5)Bth. West 1,099,000. 1,049,000. 950,000. 7/2/10 381

27 58th(4)Bed.,(3/2)Bth. East 1,250,000. 1,199,000. 999,000. 7/30/10 149

340 47thPl(4)Bed.,(3.5)Bth. West 1,195,000. SAME 1,100,000. 7/30/10 114

* 5716 Pleasure(4)Bed.,(3)Bth. No. 1,195,000. SAME 1,110,000. 7/1/10 136

(9,096,000.) (8,824,000.) (8,131,000.) (2,611)

(5)NEW CONSTRUCTION

 

Average Original Average Reduced Average Sold Average Days on

List Price = $758,000. List Price = $735,333. Price = $677,583. Market = 218

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

-         Difference between ORIGINAL List Price and REDUCED Price = (3%)

 

TOTAL SEA ISLE CITY SALE INVENTORY ( AS OF 8-7-10) = 311

RESIDENTIAL 23

LOTS/LAND 5

COMMERCIAL 8

MULTI-FAMILY 11

CONDO/TOWNHOUSE 264

 

 

2010 AUGUST - SEA ISLE CITY, NJ:

 

RESIDENTIAL UNDER CONTRACT: 8/1/2010 TO 8/31/2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

8913 Landis (3)Bed.,(1)Bth. $659,000. $599,000. 287

 

RESIDENTIAL COMPARABLE SALES: 8/1/2010 TO 8/31/2010 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

8227 Sounds(4)Bed.,(1.5)Bth. $1,500,000. SAME $1,275,000. 8/4/10 105

(1,500,000.) (1,500,000.) (1,275,000.) (105)

Average Original Average Reduced Average Sold Average Days on

List Price = $1,500,000. List Price = $1,500,000. Price = $1,275,000. Market = 105

-         Difference between ORIGINAL List Price and SOLD Price = (15%)

-         Difference between ORIGINAL List Price and REDUCED List Price = (0%)

 

LOTS/LAND UNDER CONTRACT: 8/1/2010 TO 8/31/2010 = (0)

LOTS/LAND COMPARABLE SALES: 8/1/2010 TO 8/31/2010 = (0)

 

COMMERCIAL UNDER CONTRACT: 8/1/2010 TO 8/31/2010 = (0)

COMMERCIAL COMPARABLE SALES: 8/1/2010 TO 8/31/2010 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 8/1/2010 TO 8/31/2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

10 50th Unit #1 (5)Bed.,(4)Bth. $2,599,000. SAME 34

Unit #2 (5)Bed.,(3)Bth.

Unit #3 (4)Bed.,(2)Bth.

 

MULTI-FAMILY COMPARABLE SALES: 8/1/2010 TO 8/31/2010 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 8/1/2010 TO 8/31/2010 = (12)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

85 85th St.(4)Bed.,(3.5)Bth. #7 $799,000. SAME 24

8509 Pleasure (4)Bed.,(2-2)Bth. #8509 825,000. 695,000. 100

* 4111 Landis (2)Bed.,(2)Bth. 3rdFl East 349,900. 294,000. 121

201 90th (4)Bed.,(2)Bth. Top Floor 725,000. 650,000. 189

5400 Landis (3)Bed.,(1.5)Bth. A 359,000. SAME 184

129 76th (4)Bed.,(3)Bth. 1stFloor 659,000. SAME 205

 

3609 Landis (4)Bed.,(2)Bth. North 549,000. 499,000. 385

3200 Landis (3)Bed.,(2)Bth. C-2ndFl 429,000. 359,000. 484

* 4111 Landis (2)Bed.,(2)Bth. 2ndFlWest 449,900. 289,000. 524

* 4111 Landis (2)Bed.,(2)Bth. 2ndFlEast 449,900. 274,000. 524

* 7601 Pleasure (4)Bed.,(3-2)Bth., 2ndFl 2,850,000. 1,899,000. 1,513

* 7601 Pleasure (3)Bed.,(3.5)Bth. 1stFl 2,750,000. 1,699,000. 1,517

(5)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: 8/1/2010 TO 8/31/2010 = (9)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

221 87th (2)Bed.,(1)Bth. #202 $260,000. $249,000. $210,000. 8/20/10 78

3710 Central (3)Bed.,(1.5)Bth.Top 306,900. SAME 287,000. 8/30/10 55

6406 Central(3)Bed.,(2)Bth. #1 419,000. SAME 370,000. 8/6/10 94

* 4009 Landis(3)Bed.,(2)Bth. #4 439,000. SAME 395,000. 8/6/10 262

3309 Landis (4)Bed.,(2)Bth. No. 559,000. SAME 546,000. 8/21/10 35

4607 Central(4)Bed.,(2.5)Bth. So. 649,000. SAME 615,000. 8/20/10 143

* 5110 Landis(5)Bed.,(3.5)Bth. So. 699,000. SAME 680,000. 8/17/10 132

7610 Pleasure(4)Bed.,(2)Bth. No. 766,000. 698,000. 650,000. 8/20/10 135

10 86th (4)Bed.,(2.5)Bth. No.-B 1,099,000. 899,000. 845,500. 8/18/10 320

(5,196,900.) (4,917,900.) (4,598,500.) (1,254)

Average Original Average Reduced Average Sold Average Days on

List Price = $577,433. List Price = $546,433. Price = $510,944. Market = 139

-         Difference between ORIGINAL List Price and SOLD Price = (12%)

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

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 9-11-2010) = 318

RESIDENTIAL 25

LOTS/LAND 6

COMMERCIAL 10

MULTI-FAMILY 10

CONDO/TOWNHOUSE 267

 

2010 SEPTEMBER SEA ISLE CITY, NJ:

 

RESIDENTIAL- UNDER CONTRACT: 9/1/2010 TO 9/30/2010 = (0)

RESIDENTIAL COMPARABLE SALES: 9/1/2010 TO 9/30/2010 = (0)

 

LOTS/LAND UNDER CONTRACT: 9/1/2010 TO 9/30/2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

113 36th 58x 110 $ 549,000. SAME 28

 

LOTS/LAND COMPARABLE SALES: 9/1/2010 TO 9/30/2010 = (0)

 

COMMERCIAL UNDER CONTRACT: 9/1/2010 TO 9/30/2010 = (0)

COMMERCIAL COMPARABLE SALES: 9/1/2010 TO 9/30/2010 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 9/1/2010 TO 9/30/2010 = (0)

MULTI-FAMILY COMPARABEL SALES: 9/1/2010 TO 9/30/2010 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 9/1/2010 TO 9/30/2010 = (14)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

4114 Central (2)Bed.,(1)Bth. #209 $ 325,000. $ 299,000. 106

382 43rdPl (3)Bed.,(1)Bth. #1A 325,000. SAME 2

109 82nd (3)Bed.,(1)Bth. 2ndFl 389,000. SAME 29

9107 Landis (3)Bed.,(1.5)Bth. 1stFl 419,000. SAME 19

*4009 Landis (3)Bed.,(2)Bth. #6 439,000. 419,000. 220

9107 Landis (3)Bed.,(1.5)Bth. 2ndFl 429,000. SAME 26

*4601 Landis (3)Bed.,(2)Bth. #B 440,000. SAME 177

4100 Boardwalk (2)Bed.,(1)Bth. #1C 509,000. 493,900. 190

227 80th (4)Bed.,(2)Bth. East 495,000. SAME 20

*201 90th (4)Bed.,(2)Bth. 1stFl 709,000. 599,000. 214

113 58th (4)Bed.,(3.5)Bth. West 749,000. SAME 6

9109 Pleasure (4)Bed.,(2)Bth. 1stFl 879,000. 874,500. 200

20 68th (5)Bed.,(3.5)Bth. East 899,000. SAME 1

*37 81st (5)Bed.,(4)Bth. East 989,000. 979,500. 95

(4)NEW CONSTRUCTION

 

 

 

CONDO/TOWNHOUSE COMPARABLE SALES: 9/1/2010 TO 9/30/2010 = (12)

ORIGINAL REDUCED SOLD CLOSING Days

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

*4111 Landis(2)Bed.,(2)Bth.2ndW. $ 449,900. $289,000. $255,000. 9/30/10 561

*4111 Landis(2)Bed.,(2)Bth.2ndE. 449,900. 274,000. 255,000. 9/30/10 561

*4111 Landis(2)Bed.,(2)Bth.3rdE. 349,900. 294,000. 265,000. 9/30/10 158

3200 Landis(3)Bed.,(2)Bth. C-2ndFl 429,000. 359,000. 345,000. 9/15/10 526

*5110 Landis(5)Bed.,(3.5)Bth. No. 699,000. SAME 400,000. 9/3/10 149

310 47thPl(3)Bed.,(2)Bth. 2ndFl 599,000. 549,000. 520,000. 9/24/10 109

*201 90th(4)Bed.,(2)Bth. TopFl 725,000. 650,000. 575,000. 9/24/10 224

7612 Central(4)Bed.,(2.5)Bth. East 599,000. SAME 577,500. 9/9/10 94

129 76th(4)Bed.,(3)Bth. 1stFl 659,000. SAME 600,000. 9/16/10 243

6611 Landis(4)Bed.,(3.5)Bth. No. 769,000. 699,000. 639,500. 9/4/10 336

8509 Pleasure(4)Bed.,(2)Bth. #8509 825,000. 695,000. 640,000. 9/20/10 145

85 85th (4)Bed.,(3.5)Bth. #7 799,000. SAME 785,000. 9/17/10 60

(5)NEW CONSTRUCTION

($7,352,700.) ($6,565,000.) ($5,857,000.) (3,166)

Average Original Average Reduced Average Sold Average Days on

List Price = $612,725. List Price = $547,083. Price = $488,083. Market = 264

-         Difference between ORIGINAL List Price and SOLD Price = (20%)

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

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 10-2-2010) = 331

RESIDENTIAL 22

LOTS/LAND 6

COMMERCIAL 7

MULTI-FAMILY 9

CONDO/TOWNHOUSE 287