2010 – DECEMBER – SEA ISLE CITY, NJ:
RESIDENTIAL – UNDER
CONTRACT: 12/1/2010 TO 12/31/2010 = (1)
ORIGINAL REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE MARKET
37 85th (5)Bed.,(3.5)Bth. (40’x107’) $1,259,000. $1,050,000. 713
RESIDENTIAL –
COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (0)
LOTS/LAND – UNDER
CONTRACT: 12/1/2010 TO 12/31/2010 = (0)
LOTS/LAND –
COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (0)
COMMERCIAL – UNDER
CONTRACT: 12/1/2010 TO 12/31/2010 = (0)
COMMERCIAL –
COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (1)
ORIGINAL REDUCED SOLD CLOSING
DAYS
ADDRESS LIST
PRICE PRICE PRICE DATE
onMkt
4315 Landis (1,600sq.ft.) $489,000.
SAME $255,000. 12/24/10 356
MULTI-FAMILY – UNDER
CONTRACT: 12/1/2010 TO 12/31/2010 = (0)
MULTI-FAMILY –
COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (0)
CONDO/TOWNHOUSE – UNDER
CONTRACT: 12/1/2010 TO 12/31/2010 = (4)
ORIGINAL
REDUCED DAYS ON
ADDRESS
LIST PRICE LIST
PRICE MARKET
5804 Landis (2)Bed.,(1)Bth. 2ndFl $225,000. SAME 15
122 75th (4)Bed.,(3/2)Bth. West 749,900. SAME 3
110 60th (4)Bed.,(3.5)Bth. East 775,000. 765,000. 89
9 85th (4)Bed.,(3)Bth. North
1,269.900.
SAME 54
CONDO/TOWNHOUSE –
COMPARABLE SALES: 12/1/2010 TO 12/31/2010 = (15)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS LIST PRICE PRICE PRICE
DATE onMkt
105 65th (3)Bed.,(2)Bth. #207 $389,900. $369,900. $335,000.
12/8/10 72
22 35th (3)Bed.,(2)Bth. #4,2ndE 495,000. 450,000.
400,000. 12/17/10 174
233 57th (3)Bed.,(2)Bth. 2ndFl 549,000. 499,000. 437,500.
12/30/10 308
126 55th (4)Bed.,(2.5)Bth. East 525,000. 499,900. 467,500.
12/17/10 122
142 54th (4)Bed.,(2.5)Bth. West 579,900. SAME 545,000.
12/22/10 92
105 51st (4)Bed.,(3)Bth. East 619,900. 589,900. 550,000.
12/17/10 93
*201 90th St.(4)Bed.,(2)Bth. 1stFl 709,000. 599,000.
550,000. 12/18/10 309
266 43rd (4)Bed.,(3.5)Bth. West 599,963. SAME 575,000.
12/3/10 57
127 34th (5)Bed.,(3)Bth. West 624,900.
584,000. 575,000. 12/21/10 145
129 67th (4)Bed.,(3.5)Bth. West 724,500. 695,000. 650,000.
12/10/10 109
*6604 Landis (5)Bed.,(3.5)Bth. South 699,500. SAME
677,000. 12/27/10 194
114 54th (4)Bed.,(3.5)Bth. East 769,000. 739,000. 720,000.
12/10/10 111
*105 74th (5)Bed.,(4.5)Bth. East 759,900. 749,000. 720,000. 12/29/10
166
7304 Pleasure (4)Bed.,(3)Bth. South 899,000. 825,000.
800,000. 12/3/10 325
7 84th (5)Bed.,(2/2)Bth. North 1,095,000. 1,079,000. 950,000.
12/22/10 174
(3)NEW CONSTRUCTION
(10,039,463.)
(9,558,063.) (8,952,000.) (2,451)
Average Original Average Reduced Average SOLD Average Days on
List Price = $669,297. List Price = $637,204. Price = $596,800. Market = 163
-
-
Difference
between ORIGINAL List Price and SOLD Price = (11%)
-
-
Difference
between ORIGINAL List Price and REDUCED Price = (5%)
TOTAL SEA ISLE CITY,
NJ – SALE INVENTORY (AS OF 1/12/2011) = 313
RESIDENTIAL 18
LOTS/LAND 8
COMMERCIAL 5
MULTI-FAMILY 9
CONDO/TOWNHOUSE 273