SEA ISLE CITY, NJ – PAST YEAR-END COMPARISONS:

CONDO-

TOWNHOUSE          2005               2006               2007               2008               2009               2010

TOTAL SALES:            221                 136                214                  160                  155                154

 

New Construction    58                    59                   95                     45                   40                  36

 

AVERAGE

LIST Price               $834,469.      $927,244.     $853,451.       $676,323.      $689,947.    $696,094.

 

AVERAGE

SOLD Price            $786,696.       $798,974.     $743,963.       $596,226.      $617,630.    $609,637.

 

% SOLD Price

To LIST Price                6%                   14%                13%               12%                 11%                13%

 

TOTAL SALES

VOLUME:$173,859,881. $108,604,383. $163,436,945. $95,202,375. $91,089,800.  $94,292,450.

 

AVERAGE

DAYS ON MARKET       194                205                 229                 214                  207               206

 

RESIDENTIAL               2005               2006               2007               2008               2009               2010

TOTAL SALES:                25                    14                   11                   16                     7                    15

 

New Construction        0                        3                   1                      2                       1                     0

 

AVERAGE

LIST Price             $1,072,336.     $1,163,729.   $1,203,100.    $821,444.   $1,607,833.   $837,701.

 

AVERAGE

SOLD Price             $918,796.        $998,857.     $1,003,182.   $696,701.   $1,122,857.    $707,697.

 

% SOLD Price

To LIST Price                  14%                14%                 17%                 15%               30%               16%

 

TOTAL SALES

VOLUME:    $22,969,900.   $13,984,000.  $11,035,000.  $14,043,000.  $7,860,000.  $15,716,725.

 

AVERAGE

DAYS ON MARKET        216                 195                  159                 186                228                145

NOTE: All sale statistics are based upon information submitted to our Cape May County Board of Realtors, MLS SERVICE. Date Prepared – 1/14/2011.