2012 JANUARY SEA ISLE CITY, NJ:

RESIDENTIAL UNDER CONTRACT: 1/1/2012 TO 1/31/2012 = (2)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE PRICE MARKET

205 84TH (2)Bed.,(1)Bth. 42x 65 $450,000. SAME 28

133 93rd (3)Bed.,(2.5)Bth. 35x 74 650,000. SAME 121

 

RESIDENTIAL COMPARABLE SALES: 1/1/2012 TO 1/31/2012 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS ON

ADDRESS LIST PRICE PRICE PRICE DATE MARKET

222 56th (7)Bed.,(4.5)Bth. 50x110 $949,000. SAME $925,000. 1/6/12 77

Average Original Average Reduced Average SOLD Average Days on

List Price = $949,000. List Price = $949,000. Price = $925,000. Market = 77

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

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

 

LOTS/LAND UNDER CONTRACT: 1/1/2012 TO 1/31/2012 = (0)

LOTS/LAND COMPARABLE SALES: 1/1/2012 TO 1/31/2012 = (0)

 

COMMERCIAL UNDER CONTRACT: 1/1/2012 TO 1/31/2012 = (0)

COMMERCIAL COMPARABLE SALES: 1/1/2012 TO 1/31/2012 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 1/1/2012 TO 1/31/2012 = (0)

MULTI-FAMILY COMPARABLE SALES: 1/1/2012 TO 1/31/2012 = (0)

 

CONDO/TOWNHOUSE UNDER CONTRACT: 1/1/2012 TO 1/31/2012 = (8)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

374 43rd (2)Bed.,(2)Bth. #1 $345,000. $299,900. 99

322 39th (3)Bed.,(1.5)Bth. #B/West 379,000. 359,000. 137

*3602 Landis (4)Bed.,(2)Bth. #301 449,000. SAME 106

*4215 Landis (3)Bed.,(2)Bth. #201 449,000. SAME 125

5405 Landis (4)Bed.,(2)Bth. South 499,000. SAME 14

217 47th (4)Bed.,(2)Bth. East 649,000. 499,000. 886

214 77th (4)Bed.,(3)Bth. West 619,900. SAME 7

*22 80th (6)Bed.,(4.5)Bth. East 1,050,000. SAME 104

(3)NEW CONSTRUCTION

 

 

 

 

 

 

CONDO/TOWNHOUSE COMPARABLE SALES: 1/1/2012 TO 1/31/2012 = (8)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

3400 Promenade (3)Bed.,(2)Bth. #3A $559,900. SAME $435,000. 1/20/12 135

7606 Landis (5)Bed.,(3)Bth. South 650,000. 589,000. 545,000. 1/25/12 433

133 73rd (4)Bed.,(2.5)Bth. East 575,000. SAME 552,500. 1/27/12 213

21 37th (4)Bed.,(3.5)Bth. West 640,000. SAME 570,000. 1/31/12 173

(3614 Pleasure Ave.)

3700 Boardwlk (3)Bed.,(2)Bth. #612-S 620,000. SAME 580,000. 1/3/12 246

7101 Central (4)Bed.,(2.50Bth. East 630,000. SAME 610,000. 1/27/12 59

38 79th (4)Bed.,(3.5)Bth. West 859,900. 699,000. 655,000. 1/6/12 819

384 47th Pl (4)Bed.,(4.5)Bth. West 1,599,000. SAME 1,316,666. 1/28/12 107

(6,133,800.) (5,911,900.) (5,264,166.) (2,431)

Average Original Average Reduced Average SOLD Average Days on

List Price = $766,725. List Price = $738,987. Price = $658,021. Market = 304

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

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

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 3/1/2012) = 321:

RESIDENTIAL = 19, LOTS/LAND = 10, COMMERCIAL = 10, MULTI-FAMILY = 9, CONDO/TOWNHOUSE = 273.

 

 

2012 FEBRUARY SEA ISLE CITY,NJ:

RESIDENTIAL UNDER CONTRACT: 2/1/2012 TO 2/29/2012 = (0)

RESIDENTIAL COMPARABLE SALES: 2/1/2012 TO 2/29/2012 = (0)

 

LOTS/LAND UNDER CONTRACT: 2/1/2012 TO 2/29/2012 = (1)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

208 42nd (25x 110 ) $279,000. SAME 13

 

LOTS/LAND COMPARABLE SALES: 2/1/2012 TO 2/29/2012 = (0)

 

COMMERCIAL UNDER CONTRACT: 2/1/2012 TO 2/29/2012 = (0)

COMMERCIAL COMPARABLE SALES: 2/1/2012 TO 2/29/2012 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 2/1/2012 TO 2/29/2012 = (0)

MULTI-FAMILY COMPARABLE SALES: 2/1/2012 TO 2/292012 = (0)

 

 

 

 

CONDO/TOWNHOUSE UNDER CONTRACT: 2/1/2012 TO 2/29/2012 = (23)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

17 50th (2)Bed., (1)Bth. #4 $375,000. $360,000. 97

3700 Boardwlk (2)Bed.,(2)Bth. #408-S 459,000. 395,000. 237

3800 Central (3)Bed.,(2)Bth. 1st Fl 399,000. 398,500. 101

*4204 Landis (3)Bed.,(2)Bth. #206 429,000. 399,000. 298

105 65th (3)Bed.,(2)Bth. #105 425,000. SAME 34

*3602 Landis (4)Bed.,(2)Bth. #302 449,000. SAME 122

*4204 Landis (4)Bed.,(2.5)Bth. #204 479,000. 449,000. 295

221 79th (5)Bed.,(2-2)Bth. #2 519,900. SAME 9

35 76th (4)Bed.,(2)Bth. East 529,900. SAME 130

210 79th (4)Bed.,(3.5)Bth. West 595,000. SAME 96

3700 Boardwlk (3)Bed.,(2)Bth. #512 599,000. SAME 42

7813 Roberts (4)Bed.,(2.5)Bth. South 599,000. SAME 210

222 77th (4)Bed.,(3)Bth. West 629,900. SAME 329

25 81st (4)Bed.,(2.5)Bth. West 695,000. SAME 35

137 55th (4)Bed.,(3.5)Bth. East 739,999. 725,000. 130

*217 54th (5)Bed.,(3.5)Bth. East 745,000. SAME 148

21 74th (5)Bed.,(3.5)Bth. West 839,000. 798,000. 73

*25 46th (5)Bed.,(4.5)Bth. West 849,000. SAME 242

*15 67th (6)Bed.,(4.5)Bth. East 995,000. 949,000. 122

*4700 Park (4)Bed.,(3.5)Bth. South 1,099,000. 989,000. 285

*22 80th (6)Bed.,(4.5)Bth. West 995,000. SAME 28

10 53rd (4)Bed.,(3)Bth. North 1,100,000. SAME 1

26 29th (4)Bed.,(3.5)Bth. North 1,399,000. 1,250,000. 497

(8)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: 2/1/2012 TO 2/29/2012 = (15)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

6615 Central (3)Bed.,(1.5)Bth. 2ndFl $339,000. SAME $317,500. 2/24/12 67

374 43rd Pl (2)Bed.,(2)Bth. #2 399,000. 354,900. 335,000. 2/29/12 532

13 67th (3)Bed.,(1.5)Bth. 2ndFl 499,000. 459,000. 407,500. 2/27/12 286

36 79th (4)Bed.,(2)Bth. Rear 549,900. 509,900. 482,000. 2/24/12 305

38 72nd (4)Bed.,(3.5)Bth. West 599,900. SAME 550,000. 2/9/12 115

209 55th (5)Bed.,(3)Bth. West 575,000. SAME 555,000. 2/29/12 90

10 77th (4)Bed., (3)Bth. West 949,000. 675,000. 562,500. 2/28/12 586

10 77th (4)Bed.,(3.5)Bth. East 949,000. 699,000. 562,500. 2/28/12 586

7309 Central (4)Bed.,(3.5)Bth. South 739,000. 639,000. 565,000. 2/24/12 168

30 69th (4)Bed.,(2.5)Bth. West 759,000. 589,000. 570,000. 2/17/12 695

133 59th (5)Bed.,(3)Bth. East 650,000. SAME 632,000. 2/24/12 98

5401 Central (5)Bed.,(4)Bth. North 699,500. SAME 648,000. 2/24/12 358

4904 Pleasure (4)Bed.,(3)Bth. South 849,000. 825,000. 800,000. 2/29/12 401

*13 71st (5)Bed.,(5.5)Bth. East 1,185,000. SAME $1,040,000. 2/17/12 171

*33 24th (5)Bed.,(5.5)Bth. North 2,149,000. 1,999,999. 1,865,000. 2/3/12 344

(2)NEW CONSTRUCTION (11,890,300.) (10,799,199.) (9,892,000.) (4,802)

Average Original Average Reduced Average SOLD Average Days on

List Price = $792,687. List Price = $719,947. Price = $659,467. Market = 320

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

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

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 3/5/2012) = 325

RESIDENTIAL = 19, LOTS/LAND = 10, COMMERCIAL = 14, MULTI-FAMILY = 9, CONDO/TOWNHOUSE = 273.

 

 

2012 MARCH SEA ISLE CITY, NJ:

RESIDENTIAL UNDER CONTRACT: 3/1/2012 TO 3/31/2012 = (0)

RESIDENTIAL COMPARABLE SALES: 3/1/2012 TO 3/31/2012 = (2)

ORIGINAL REDUCED SOLD CLOSING DAYS ON

ADDRESS LIST PRICE PRICE PRICE DATE Market

205 84th (2)Bed.,(1)Bth. $450,000. SAME $440,000. 3/29/12 101

133 93rd (3)Bed.,(2.5)Bth. 650,000. SAME 590,000. 3/30/12 196

(1,100,000.) (1,100,000.) (1,030,000.) (297)

Average Original Average Reduced Average SOLD Average Days on

List Price = $550,000. List Price = $550,000. Price = $515,000. Market = 148

-          Difference between ORIGINAL List Price and SOLD Price = (6%)

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

 

LOTS/LAND UNDER CONTRACT: 3/1/2012 TO 3/31/2012 = (0)

LOTS/LAND COMPARABLE SALES: 3/1/2012 TO 3/31/2012 = (1)

ORIGINAL REDUCED SOLD CLOSING DAYS ON

ADDRESS LIST PRICE PRICE PRICE DATE Market

208 42nd (25x 110) $279,000. SAME $250,000. 3/23/12 55

Average Original Average Reduced Average SOLD Average Days on

List Price = $279,000. List Price = $279,000. Price = $250,000. Market = 55

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

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

 

COMMERCIAL UNDER CONTRACT: 3/1/2012 TO 3/31/2012 = (0)

COMMERCIAL COMPARABLE SALES: 3/1/2012 TO 3/31/2012 = (0)

 

MULTI-FAMILY UNDER CONTRACT: 3/1/2012 TO 3/31/2012 = (0)

MULTI-FAMILY COMPARABLE SALES: 3/1/2012 TO 3/31/2012 = (0)

 

 

CONDO/TOWNHOUSE UNDER CONTRACT: 3/1/2012 TO 3/31/2012 = (26)

ORIGINAL REDUCED DAYS ON

ADDRESS LIST PRICE LIST PRICE MARKET

4602 Central (2)Bed.,(1)Bth. 1st Floor $299,000. $225,000. 102

34 34th (3)Bed.,(2)Bth. #205 339,000. SAME 48

211 47th (3)Bed.,(1.5)Bth. 2nd Floor 425,000. 399,900. 195

9 44th (2)Bed.,(2)Bth. #304 439,000. 409,000. 230

3500 Boardwlk (2)Bed.,(2)Bth. #716-N 429,000. SAME 1

*4204 Landis (4)Bed.,(2.5)Bth. #203 469,000. 449,000. 326

*3602 Landis (4)Bed.,(2)Bth. #201 449,000. 459,000. 148

213 83rd (4)Bed.,(2)Bth. East 479,000. SAME 50

6610 Central (4)Bed.,(2)Bth. 2ndFloor 595,000. 489,000. 635

112 81st (4)Bed.,(2)Bth. East 510,000. SAME 140

117 73rd (4)Bed.,(2.5)Bth. West 549,000. 539,000. 153

218 42nd (5)Bed.,(3)Bth. West 549,900. SAME 6

30 36th (5)Bed.,(3)Bth. East 649,900. 589,000. 275

6426 Central (4)Bed.,(2)Bth. South 599,000. SAME 6

4705 Central (4)Bed.,(3.5)Bth. North 639,000. 619,000. 89

130 74th (4)Bed.,(3)Bth. East 649,000. 629,000. 120

138 54th (4)Bed.,(3.5)Bth. East 669,000. 665,000. 131

*5112 Landis (5)Bed.,(4.5)Bth. North 710,000. 695,000. 100

4601 Park (5)Bed.,(4.5)Bth. South 699,000. SAME 9

11 63rd (4)Bed.,(3)Bth. West 699,000. SAME 68

237 77th (5)Bed.,(3.5)Bth. East 729,000. SAME 12

*202 75th (6)Bed.,(5.5)Bth. West 769,000. SAME 69

7721 Pleasure (5)Bed.,(4)Bth. South 990,000. SAME 221

11 50th (3)Bed.,(2.5)Bth. North 1,029,000. SAME 145

*4700 Park (4)Bed.,(3.5)Bth. North 1,099,000. 1,049,000. 329

4616 Park (4)Bed.,(3/2)Bth. North 1,150,000. SAME 4

(5)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE COMPARABLE SALES: 3/1/2012 TO 3/31/2012 = (27)

ORIGINAL REDUCED SOLD CLOSING DAYS

ADDRESS LIST PRICE PRICE PRICE DATE onMkt

126 45th (2)Bed.,(1)Bth. 1stFl-West $289,000. $249,900. $244,000. 3/23/12 411

17 42nd (2)Bed.,(1)Bth. #6 336,000. 299,000. 275,000. 3/9/12 300

33 36th (3)Bed.,(1.5)Bth. #3-B 389,000. 344,500. 325,000. 3/9/12 647

322 39th (3)Bed.,(1.5)Bth. West/B 379,000. 359,000. 345,000. 3/30/12 211

17 50th (2)Bed.,(1)Bth. #4 375,000. 360,000. 355,000. 3/16.12 132

137 32nd (3)Bed.,(1.5)Bth. 1stFl 395,000. SAME 375,000. 3/1/12 174

*4204 Landis (3)Bede.,(2)Bth. #206 429,000. 399,000. 380,000. 3/2/12 330

3800 Central (3)Bed.,(2)Bth. 1stFl 399,000. 398,500. 383,000. 3/23/12 155

105 65th (3)Bed.,(2)Bth. #105 425,000. SAME 410,000. 3/30/12 82

*4204 Landis (4)Bed.,(2.5)Bth. #204 479,000. 449,000. 425,000. 3/16/12 344

217 47th (4)Bed.,(2)Bth. East 649,000. 499,000. 484,000. 3/9/12 937

35 76th (4)Bed.,(2)Bth. East 529,900. SAME 495,000. 3/2/12 149

5405 Landis (4)Bed.,(2)Bth. South 499,000. SAME 499,000. 3/11/12 73

222 77th (4)Bed.,(3)Bth. West 629,900. 629,000. 585,000. 3/23/12 379

20 84th (4)Bed.,(3.5)Bth. West 639,000. SAME 590,000. 3/2/12 202

*129 36th (5)Bed.,(3.5)Bth. West 649,000. 625,000. 602,200. 3/2/12 536

205 53rd (4)Bed.,(2.5)Bth. 725,000. 699,000. 657,500. 3/30/12 157

25 81st (4)Bed.,(2.5)Bth. West 695,000. SAME 672,500. 3/28/12 83

*217 54th (5)Bed.,(3.5)Bth. East 745,000. SAME 730,000. 3/30/12 191

21 72nd (4)Bed.,(3.5)Bth. East 799,500. 799,000. 740,000. 3/30/12 62

*217 54th (5)Bed.,(3.5)Bth. West 745,000. SAME 745,000. 3/20/12 181

21 74th (5)Bed.,(3.5)Bth. West 839,000. 798,000. 789,000. 3/30/12 120

*25 46th (6)Bed.,(4.5)Bth. East 849,000. SAME 810,000. 3/30/12 277

*25 46th (6)Bed.,(4.5)Bth. West 849,000. SAME 835,000. 3/30/12 277

*4700 Park (4)Bed.,(3.5)Bth. South 1,099,000. 989,000. 945,000. 3/16/12 316

10 53rd (5)Bed.,(3)Bth. North 1,100,000. SAME 1,100,000. 3/9/12 48

26 29th (4)Bed.,(3.5)Bth. North 1,399,000. 1,250,000. 1,110,000. 3/19/12 545

(8)NEW CONSTRUCTION

(17,335,300.) (16,617,800.) (15,906,200.) (7,319)

Average Original Average Reduced Average SOLD Average Days on

List Price = $642,048. List Price = $615,474. Price = $589,118. Market = 271

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

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

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 4/15/12) = 315:

RESIDENTIAL = 23, LOTS/LAND = 10, COMMERCIAL = 15, MULTI-FAMILY = 8 and CONDO/TOWNHOUSE = 259.