2010 – NOVEMBER - SEA ISLE CITY,NJ:
RESIDENTIAL – UNDER
CONTRACT: 11/1/2010 TO 11/30/2010 = (1)
ORIGINAL REDUCED DAYS ON
ADDRESS
LIST PRICE PRICE MARKET
230 56th (5)Bed.,(3.5)Bth. (50’x 110’) $845,000. $799,000. 72
RESIDENTIAL –
COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (2)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST
PRICE PRICE PRICE DATE
onMKT
8411 Sounds (3)Bede.,(3)Bth. $ 895,000. SAME $ 800,000. 11/30/10 259
7609 Pleasure (5)Bed.,(4.5)Bth. 2,699,000.
SAME 2,535,000. 11/12/10 106
(3,594,000.) (3,594,000.) (3,335,000.) (365)
Average Original Average Reduced Average Sold Average Days on
List Price =
$1,797,000. List Price =
$1,797,000. Price =
$1,667,500. Market = 182
-
-
Difference
between ORIGINAL List Price and SOLD Price = (7%)
-
-
Difference
between ORIGINAL List Price and REDUCED Price = (0%)
LOTS/LAND – UNDER
CONTRACT: 11/1/2010 TO 11/30/2010 = (0)
LOTS/LAND –
COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)
COMMERCIAL – UNDER
CONTRACT: 11/1/2010 TO 11/30/2010 = (0)
COMMERCIAL –
COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)
MULTI-FAMILY – UNDER
CONTRACT: 11/1/2010 TO 11/30/2010 = (0)
MULTI-FAMILY –
COMPARABLE SALES: 11/1/2010 TO 11/30/2010 = (0)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 11/1/2010 TO 11/30/2010 = (4)
ORIGINAL
REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE
MARKET
3510 Central (3)Bed.,(1)Bth. #5 $315,000. $299,000. 442
6310 Emmeus (4)Bed.,(2.5)Bth. South 675,000. 539,000. 316
209 48th (4)Bed.,(2.5)Bth. West 565,000. 549,000. 138
*113 36th (6)Bed.,(3/2)Bth. East 599,000. SAME 43
(1)NEW CONSTRUCTION
CONDO/TOWNHOUSE – COMPARABLE
SALES: 11/1/2010 TO 11/30/2010 = (12)
ORIGINAL REDUCED SOLD CLOSING
DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE
onMkt
133 67th (2)Bed.,(1)Bth. Front $235,000. SAME
$235,000. 11/5/10 49
4114 Central (2)Bed.,(1)Bth. #209 325,000.
299,000. 277,500. 11/6/10 157
5400 Landis (3)Bed.,(1.5)Bth. #A 359,000.
SAME 359,000. 11/12/10 287
9107 Landis (3)Bed.,(1.5)Bth. 1stFl 419,000. SAME
395,000. 11/12/10 72
9107 Landis (3)Bed.,(1.5)Bth. 2ndFl 429,000. SAME
410,000. 11/12/10 72
319 39th (4)Bed.,(3)Bth. West 539,000. SAME 517,500.
11/30/10 273
7508 Landis (5)Bed.,(3.5)Bth. South 675,000. SAME 622,500. 11/30/10 329
113 58th (4)Bed.,(3.5)Bth. West 749,000. SAME
715,000. 11/5/10 59
9 78th (4)Bed.,(3.5)Bth. East 925,000. 889,500. 832,500.
11/30/10 312
7404 Pleasure (4)Bed.,(3.5)Bth. So. 1,199,000. 1,095,000.
995,000. 11/19/10 127
*7601 Pleasure (4)Bed.,(3.5)Bth. 1st 2,750,000. 1,699,000.
1,450,000. 11/1/10 1,602
*7601 Pleasure (4)Bed.,(3/2)Bth. 2nd 2,850,000. 1,899,000.
1,525,000. 11/5/10 1,606
(2)NEW CONSTRUCTION
(11,454,000.)
(9,286,500.) (8,333,500.) (4,942)
Average Original Average Reduced Average Sold Average Days on
List Price =
$954,500. List Price =
$773,875. Price =
$694,458. Market = 412
-
-
Difference
between ORIGINAL List Price and SOLD Price = (27%)
-
-
Difference
between ORIGINAL List Price and REDUCED Price = (19%)
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