2011 –
JULY - SEA ISLE CITY,NJ:
RESIDENTIAL
– UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)
RESIDENTIAL
– COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (0)
LOTS/LAND –
UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)
LOTS/LAND – COMPARABLE
SALES: JULY 1, 2011 TO JULY 31, 2011 = (0)
COMMERCIAL –
UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)
COMMERCIAL –
COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (1)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE onMkt
4110 Landis Suite C $195,000. $162,900. $130,000.
7/7/11 574
Average
Original Average
Reduced Average Sold Average Days on
List Price =
$195,000. List Price =
$162,900. Price = $130,000. Market = 574
-
Difference between ORIGINAL List Price and SOLD Price
= (33%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (17%)
MULTI-FAMILY
– UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (0)
MULTI-FAMILY
– COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (0)
CONDO/TOWNHOUSE
– UNDER CONTRACT: JULY 1, 2011 TO JULY 31, 2011 = (5)
ORIGINAL
REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE MARKET
34 35th (3)Bed.,(2)Bth. #2-West $424,000. $379,500. 285
*228 43rd (5)Bed.,(3)Bth. North 519,000. SAME 184
5910 Pleasure (4)Bed.,(3)Bth. South
675,000.
640,000. 156
21 76th (4)Bed.,(2.5)Bth. East 798,900. SAME 9
*352 47th Place (4)Bed.,(3.5)Bth. East
1,195,000.
SAME 1
(2)NEW
CONSTRUCTION
CONDO/TOWNHOUSE
– COMPARABLE SALES: JULY 1, 2011 TO JULY 31, 2011 = (9)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE onMkt
6201 Central (4)Bed.,(3)Bth. North
$599,000. $499,000. $455,000.
7/24/11 293
*244 38th (6)Bed.,(4.5)Bth. West
589,000. SAME 571,000. 7/29/11
140
*135 42nd (5)Bed.,(3/2)Bth. East
599,000. 575,000. 575,000. 7/1/11
324
347 40th (5)Bed.,(3)Bth. North
639,000. SAME 585,000. 7/7/11 54
*135 42nd (6)Bed.,(4.5)Bth. West
599,000. 575,000. 586,300. 7/1/11 324
*244 38th (6)Bed.,(4.5)Bth. East
589,000. SAME 589,000. 7/29/11
140
373 44th (4)Bed.,(3.5)Bth. East
749,999. SAME 695,000. 7/22/11
65
85 85th (4)Bed.,(3.5)Bth. #5 799,999. SAME 785,000. 7/1/11
286
2607 Landis (4)Bed.,(3)Bth. South
1,279,000. 1,199,500. 999,500. 7/22/11
316
(4)NEW
CONSTRUCTION
(6,442,998.)
(6,215,498.)
(5,840,800.) (1,942)
Average
Original Average
Reduced Average Sold Average Days on
List Price =
$715,889. List Price =
$690,611. Price = $648,978. Market = 216
-
Difference between ORIGINAL List Price and SOLD Price
= (9%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (4%)
TOTAL SEA
ISLE CITY SALE INVENTORY (AS OF 9-8-2011) = 308
RESIDENTIAL 17
LOTS/LAND 8
COMMERCIAL 8
MULTI-FAMILY 12
CONDO/TOWNHOUSE 263