2011 - 4TH QUARTER SEA ISLE CITY,NJ STATISTICS:

RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

-          OCTOBER 4 0

-          NOVEMBER 1 1

-          DECEMBER 1 2

-          TOTALS: (6) (3)

 

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

-          OCTOBER 1 0

-          NOVEMBER 1 0

-          DECEMBER 0 2

-          TOTALS: (2) (2)

 

COMMERCIAL: UNDER CONTRACT COMPARABLE SALES

-          OCTOBER 0 0

-          NOVEMBER 0 0

-          DECEMBER 0 0

 

MULTI-FAMILY: UNDER CONTRACT COMPARABLE SALES

-          OCTOBER 0 1

-          NOVEMBER 1 0

-          DECEMBER 0 1

-          TOTALS: (1) (2)

 

CONDO/TOWNHOUSE: UNDER CONTRACT COMPARABLE SALES

-          OCTOBER 18 20

-          NOVEMBER 9 15

-          DECEMBER 6 15

-          TOTALS: (33) (50)

 

4TH QTR NEW CONSTRUCTION CONDO/TOWNHOUSE UNDER CONTRACT = (9)

4TH QTR NEW CONSTRUCTION CONDO/TOWNHOUSE COMPARABLE SALES = (6)

 

4TH QUARTER

AVERAGE ORIGINAL List Price REDUCED Price SOLD Price DAYS on MKT

-          OCTOBER $ 584,625. $ 563,760. $ 540,092. 160

-          NOVEMBER 752,120. 716,853. 657,200. 174

-          DECEMBER 797,420. 770,420. 693,200. 210

 

($711,388.) ($683,678.) ($630,164.) (181)

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

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

 

2011 1st 2nd 3rd 4th QTR SEA ISLE CITY,NJ STATISTICS:

RESIDENTIAL: UNDER CONTRACT COMPARABLE SALES

1ST QTR 1 2

2ND QTR 0 1

3RD QTR 0 1

4TH QTR 6 3

TOTALS: (7) (7)

 

NEW CONSTRUCTION RESIDENTIAL UNDER CONTRACT / COMPARABLE SALES = (0)

 

2011 RESIDENTIAL TOTAL GROSS DOLLARS SOLD = ($5,724,500.)

1ST QTR = $ 1,657,000.

2ND QTR = 1,500,000.

3RD QTR = 435,000.

4TH QTR = 2,132,500.

 

LOTS/LAND: UNDER CONTRACT COMPARABLE SALES

1ST QTR 0 0

2ND QTR 1 0

3RD QTR 0 0

4TH QTR 2 2

TOTALS: (3) (2)

 

COMMERCIAL: UNDER CONTRACT COMPARABLE SALES

1ST QTR 0 1

2ND QTR 0 0

3RD QTR 0 1

4TH QTR 0 0

TOTALS: (0) (2)

 

MULTI-FAMILY: UNDER CONTRACT COMPARABLE SALES

1ST QTR 2 1

2ND QTR 1 4

3RD QTR 0 0

4TH QTR 1 2

TOTALS: (4) (7)

 

CONDO/TOWNHOUSE: UNDER CONTRACT COMPARABLE SALES

1ST QTR 38 38

2ND QTR 36 47

3RD QTR 26 37

4TH QTR 33 50

TOTALS: (133) (172)

CONDO/TOWNHOUSE NEW CONSTRUCTION: UNDER CONTRACT COMPARABLE SALES

1ST QTR 10 8

2ND QTR 11 10

3RD QTR 6 11

4TH QTR 9 6

TOTALS: (36) (35)

 

2011 CONDO/TOWNHOUSE:

AVERAGE: ORIGINAL LIST PRICE REDUCED PRICE SOLD PRICE DAYS ON MKT

1ST QTR $ 714,707. $ 677,628. $ 633,726. 230

2ND QTR 656,593. 621,486. 585,685. 203

3RD QTR 662,841. 630,929. 589,825. 220

4TH QTR 711,388. 770,420. 630,164. 181

 

2011 AVERAGE: ($ 686,382.) ($ 675,116.) ($ 609,850.) (208)

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

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

 

2011 CONDO/TOWNHOUSE TOTAL GROSS DOLLARS SOLD = ($104,331,330.)

1ST QTR = $ 24,219,000.

2ND QTR = 27,640,680.

3RD QTR = 21,413,800.

4TH QTR = 31,057,850.

 

2011 TOTAL SALE SEA ISLE CITY,NJ: (ALL CLASSES) = 190:

RESIDENTIAL 7

LOTS/LAND 2

COMMERCIAL 2

MULTI-FAMILY 7

CONDO/TOWNHOUSE 172