2010 OCTOBER SEA ISLE CITY,NJ:

 

RESIDENTIAL UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

7609 Pleasure (5)Bed.,(4.5)Bth. $2,699,000. SAME 75

 

RESIDENTIAL COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (2)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

8913 Landis (3)Bed.,(1)Bth. $659,000. $599,000. $575,000. 10/7/10 352

8710 Pleasure (5)Bed.,(2)Bth. 839,900. 689,900. 625,000. 10/12/10 175

(1,498,900.) (1,288,900.) (1,200,000.) (527)

Average Original Average Reduced Average Sold Average Days on

List Price = $749,450. List Price = $644,450. Price = $600,000. Market = 263

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

-          Difference between ORIGINAL List Price and REDUCED Price = (14%)

 

LOTS/LAND UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (0)

LOTS/LAND COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

113 36th (58x 110) $549,000. SAME $502,000. 10/26/10 83

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

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

 

COMMERCIAL UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (0)

COMMERCIAL COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 10/1/2010 TO 10/31/2010 = (0)

MULTI-FAMILY COMPARABLE SALES: 10/2/2010 TO 10/31/2010 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 10/2/2010 TO 10/31/2010 = (10)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

5214 Landis (2)Bed.,(1.5)Bth. #C $269,000. SAME 33

221 79th (3)Bed.,(1.5)Bth. 1stFl 350,000. SAME 22

319 39th (4)Bed.,(3)Bth. West 539,000. SAME 227

127 34th (5)Bed.,(3)Bth. West 624,900. 584,000. 73

105 51st (4)Bed.,(3)Bth. East 619,900. 589,900. 39

226 43rd (4)Bed.,(3.5)Bth. West 599,963. SAME 2

114 54th (4)Bed.,(3.5)Bth. East 769,000. 739,000. 63

*129 58th (5)Bed.,(3.5)Bth. West 779,000. SAME 48

9 78th (4)Bed.,(3.5)Bth. East 925,000. 889,500. 253

7404 Pleasure (4)Bed.,(3.5)Bth. South 1,199,000. 1,095,000. 79

(1)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: 10/1/2010 TO 10/31/2010 = (10)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

382 43rd (3)Bed.,(1)Bth. #1A-No.1stFl $325,000. SAME $320,000. 10/15/10 24

109 82nd(3)Bed.,(1)Bth. 2ndFl 389,000. SAME 351,000. 10/28/10 73

*4009 Landis(3)Bed.,(2)Bth. #9 439,000. 419,000. 392,500. 10/7/10 251

*4601 Landis(3)Bed.,(2)Bth. #B 440,000. SAME 420,000. 10/29/10 219

4100 Boardwlk(2)Bed.,(1)Bth.SeaShell#1C 509,000. 493,900. 425,000. 10/19/10 232

3609 Central(4)Bed.,(2)Bth. North 549,000. 499,000. 450,000. 10/15/10 440

227 80th (4)Bed.,(2)Bth. East 495,000. SAME 475,000. 10/25/10 54

*6604 Landis (5)Bed.,(3.5)Bth. North 699,500. SAME 672,000. 10/29/10 132

9109 Pleasure(4)Bed.,(2)Bth. 1stFl 879,000. 874,500. 837,500. 10/29/10 245

20 68th (5)Bed.,(3.5)Bth. East 899,000. SAME 875,000. 10/30/10 36

(3)NEW CONSTRUCTION

(5,623,500.) (5,533,900.) (5,218,000.) (1,706)

Average Original Average Reduced Average Sold Average Days on

List Price = $562,350. List Price = $553,390. Price = $521,800. Market = 171

-          Difference between ORIGINAL List Price and SOLD Price = (7%)

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

 

TOTAL SEA ISLE CITY, NJ SALE INVENTORY (AS OF 11-7-2010) = 352

RESIDENTIAL 21

LOTS/LAND 7

COMMERCIAL 7

MULTI-FAMILY 8

CONDO/TOWNHOUSE 309

 

 

 

 

 

 

 

 

2010 NOVEMBER - SEA ISLE CITY,NJ:

 

RESIDENTIAL UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE PRICE MARKET

230 56th (5)Bed.,(3.5)Bth. (50x 110) $845,000. $799,000. 72

 

RESIDENTIAL COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (2)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMKT

8411 Sounds (3)Bede.,(3)Bth. $ 895,000. SAME $ 800,000. 11/30/10 259

7609 Pleasure (5)Bed.,(4.5)Bth. 2,699,000. SAME 2,535,000. 11/12/10 106

(3,594,000.) (3,594,000.) (3,335,000.) (365)

Average Original Average Reduced Average Sold Average Days on

List Price = $1,797,000. List Price = $1,797,000. Price = $1,667,500. Market = 182

-          Difference between ORIGINAL List Price and SOLD Price = (7%)

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

LOTS/LAND UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (0)

LOTS/LAND COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)

 

COMMERCIAL UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (0)

COMMERCIAL COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (0)

MULTI-FAMILY COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (4)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

3510 Central (3)Bed.,(1)Bth. #5 $315,000. $299,000. 442

6310 Emmeus (4)Bed.,(2.5)Bth. South 675,000. 539,000. 316

209 48th (4)Bed.,(2.5)Bth. West 565,000. 549,000. 138

*113 36th (6)Bed.,(3/2)Bth. East 599,000. SAME 43

(1)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (12)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

133 67th (2)Bed.,(1)Bth. Front $235,000. SAME $235,000. 11/5/10 49

4114 Central (2)Bed.,(1)Bth. #209 325,000. 299,000. 277,500. 11/6/10 157

 

 

5400 Landis (3)Bed.,(1.5)Bth. #A 359,000. SAME 359,000. 11/12/10 287

9107 Landis (3)Bed.,(1.5)Bth. 1stFl 419,000. SAME 395,000. 11/12/10 72

9107 Landis (3)Bed.,(1.5)Bth. 2ndFl 429,000. SAME 410,000. 11/12/10 72

319 39th (4)Bed.,(3)Bth. West 539,000. SAME 517,500. 11/30/10 273

7508 Landis (5)Bed.,(3.5)Bth. South 675,000. SAME 622,500. 11/30/10 329

113 58th (4)Bed.,(3.5)Bth. West 749,000. SAME 715,000. 11/5/10 59

9 78th (4)Bed.,(3.5)Bth. East 925,000. 889,500. 832,500. 11/30/10 312

7404 Pleasure (4)Bed.,(3.5)Bth. So. 1,199,000. 1,095,000. 995,000. 11/19/10 127

*7601 Pleasure (4)Bed.,(3.5)Bth. 1st 2,750,000. 1,699,000. 1,450,000. 11/1/10 1,602

*7601 Pleasure (4)Bed.,(3/2)Bth. 2nd 2,850,000. 1,899,000. 1,525,000. 11/5/10 1,606

(2)NEW CONSTRUCTION

(11,454,000.) (9,286,500.) (8,333,500.) (4,942)

Average Original Average Reduced Average Sold Average Days on

List Price = $954,500. List Price = $773,875. Price = $694,458. Market = 412

-          Difference between ORIGINAL List Price and SOLD Price = (27%)

-          Difference between ORIGINAL List Price and REDUCED Price = (19%)

 

TOTAL SEA ISLE CITY, NJ - SALE INVENTORY (AS OF 1/12/2011) = 313

RESIDENTIAL 18

LOTS/LAND 8

COMMERCIAL 5

MULTI-FAMILY 9

CONDO/TOWNHOUSE 273

 

2010 DECEMBER SEA ISLE CITY, NJ:

 

RESIDENTIAL UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

37 85th (5)Bed.,(3.5)Bth. (40x107) $1,259,000. $1,050,000. 713

 

RESIDENTIAL COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (0)

 

LOTS/LAND UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (0)

LOTS/LAND COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (0)

 

COMMERCIAL UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (0)

COMMERCIAL COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

4315 Landis (1,600sq.ft.) $489,000. SAME $255,000. 12/24/10 356

 

MULTI-FAMILY UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (0)

MULTI-FAMILY COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 12/1/2010 TO 12/31/2010 = (4)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

5804 Landis (2)Bed.,(1)Bth. 2ndFl $225,000. SAME 15

122 75th (4)Bed.,(3/2)Bth. West 749,900. SAME 3

110 60th (4)Bed.,(3.5)Bth. East 775,000. 765,000. 89

9 85th (4)Bed.,(3)Bth. North 1,269.900. SAME 54

 

CONDO/TOWNHOUSE COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (15)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

105 65th (3)Bed.,(2)Bth. #207 $389,900. $369,900. $335,000. 12/8/10 72

22 35th (3)Bed.,(2)Bth. #4,2ndE 495,000. 450,000. 400,000. 12/17/10 174

233 57th (3)Bed.,(2)Bth. 2ndFl 549,000. 499,000. 437,500. 12/30/10 308

126 55th (4)Bed.,(2.5)Bth. East 525,000. 499,900. 467,500. 12/17/10 122

142 54th (4)Bed.,(2.5)Bth. West 579,900. SAME 545,000. 12/22/10 92

105 51st (4)Bed.,(3)Bth. East 619,900. 589,900. 550,000. 12/17/10 93

*201 90th St.(4)Bed.,(2)Bth. 1stFl 709,000. 599,000. 550,000. 12/18/10 309

266 43rd (4)Bed.,(3.5)Bth. West 599,963. SAME 575,000. 12/3/10 57

127 34th (5)Bed.,(3)Bth. West 624,900. 584,000. 575,000. 12/21/10 145

129 67th (4)Bed.,(3.5)Bth. West 724,500. 695,000. 650,000. 12/10/10 109

*6604 Landis (5)Bed.,(3.5)Bth. South 699,500. SAME 677,000. 12/27/10 194

114 54th (4)Bed.,(3.5)Bth. East 769,000. 739,000. 720,000. 12/10/10 111

*105 74th (5)Bed.,(4.5)Bth. East 759,900. 749,000. 720,000. 12/29/10 166

7304 Pleasure (4)Bed.,(3)Bth. South 899,000. 825,000. 800,000. 12/3/10 325

7 84th (5)Bed.,(2/2)Bth. North 1,095,000. 1,079,000. 950,000. 12/22/10 174

(3)NEW CONSTRUCTION

(10,039,463.) (9,558,063.) (8,952,000.) (2,451)

Average Original Average Reduced Average SOLD Average Days on

List Price = $669,297. List Price = $637,204. Price = $596,800. Market = 163

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

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

 

TOTAL SEA ISLE CITY, NJ SALE INVENTORY (AS OF 1/12/2011) = 313

RESIDENTIAL 18

LOTS/LAND 8

COMMERCIAL 5

MULTI-FAMILY 9

CONDO/TOWNHOUSE 273