2011 –
AUGUST – SEA ISLE CITY,NJ:
RESIDENTIAL
– UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)
RESIDENTIAL
– COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (1)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST
PRICE PRICE
PRICE DATE onMkt
5501 Landis (5)Bed.,(2)Bth. $699,000. $549,000. $435,000.
8/26/11 410
Average
Original Average
Reduced Average Sold Average Days on
List Price =
$699,000. List Price =
$549,000. Price = $435,000. Market = 410
-
Difference between ORIGINAL List Price and SOLD Price
= (38%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (22%)
LOTS/LAND –
UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)
LOTS/LAND –
COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)
COMMERCIAL –
UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)
COMMERCIAL –
COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)
MULTI-FAMILY
– UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (0)
MULTI-FAMILY
– COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (0)
CONDO/TOWNHOUSE
– UNDER CONTRACT: 8/1/2011 TO 8/31/2011 = (9)
ORIGINAL REDUCED DAYS ON
ADDRESS
LIST PRICE LIST
PRICE MARKET
3700 Boardwalk (2)Bed.,(2)Bth. #605 $399,000. SAME 2
*4204 Landis (4)Bed.,(2.5)Bth. #201
479,000. 449,000. 133
250 57th (4)Bed.,(3)Bth. East
499,000. SAME 34
7409 Landis (4)Bed.,(2)Bth. North
539,000. SAME 67
113 74th (4)Bed.,(2.5)Bth. West
689,000. 599,000. 149
114 West Jersey (4)Bed.,(2.5)Bth. East 619,000. 610,000. 52
3700 Boardwalk (3)Bed.,(2)Bth. #612-S 620,000. SAME 101
118 81st (4)Bed.,(3)Bth. East
724,900. SAME 31
9400 Roberts (3)Bed.,(2)Bth. #405
795,000. SAME 34
(1)NEW
CONSTRUCTION
CONDO/TOWNHOUSE
– COMPARABLE SALES: 8/1/2011 TO 8/31/2011 = (6)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE onMkt
61 85th (1)Bed.,(1)Bth. #305A
$249,900. SAME $230,000. 8/25/11 32
115 40th (3)Bed.,(1.5)Bth. #4E
309,000. 274,900. 265,000. 8/29/11 207
*309 56th (2)Bed.,(1.5)Bth. #A5
399,000. 379,900. 360,000. 8/19/11
263
9 44th (2)Bed.,(2)Bth. #303 515,000. 469,000. 427,500. 8/19/11 571
*228 43rd (5)Bed.,(3)Bth. North
519,000. 517,000. 460,000. 8/19/11 209
5412 Central (4)Bed.,(2.5)Bth. West
630,000. 625,000. 600,000. 8/1/11
204
(2) NEW
CONSTRUCTION
(2,621,900.) (2,515,700.) (2,342,500.) (1,486)
Average
Original Average
Reduced Average Sold Average Days on
List Price =
$436,983. List Price =
$419,283. Price = $390,417. Market = 248
-
Difference between ORIGINAL List Price and SOLD Price
= (11%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (4%)
TOTAL SEA
ISLE CITY SALE INVENTORY (AS OF 10/6/2011) = 314
RESIDENTIAL
19
LOTS/LAND
6
COMMERCIAL 8
MULTI-FAMILY
10
CONDO/TOWNHOUSE 271