2011 – APRIL – SEA ISLE CITY,NJ:
RESIDENTIAL – UNDER
CONTRACT: 4/1/2011 TO 4/30/2011 = (0)
RESIDENTIAL –
COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (1)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE
onMkt
21 46th (5)Bed.,(4/2)Bth. 50x110 $1,829,000. $1,650,000. $1,500,000. 4/29/11 209
-
Difference between ORIGINAL List Price and SOLD Price
= (18%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (10%)
LOTS/LAND – UNDER
CONTRACT: 4/1/2011 TO 4/30/2011 = (1)
ORIGINAL REDUCED DAYS ON
ADDRESS
LIST PRICE LIST
PRICE MARKET
207 90TH (3,140SQ.FT.) $599,000. $499,000. 149
LOTS/LAND –
COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (0)
COMMERCIAL – UNDER
CONTRACT: 4/1/2011 TO 4/30/2011 = (0)
COMMERCIAL –
COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (0)
MULTI-FAMILY – UNDER
CONTRACT: 4/1/2011 TO 4/30/2011 = (0)
MULTI-FAMILY –
COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (2)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST PRICE PRICE PRICE
DATE onMkt
19 52nd (4/4)Bed.,(2/2)Bth. 52x97 $1,299,000. SAME $1,200,000. 4/8/11 83
10 50th (5/5)Bed.,(4/3)Bth. 46x110 2,599,000. SAME 2,100,000. 4/16/11 272
(3,898,000.) (3,898,000.)
(3,300,000.)
(355)
Average Original Average Reduced Average SOLD
Average Days on
List Price =
$1,949,000. List Price =
$1,949,000. Price = $1,650,000. Market = 177
-
Difference between ORIGINAL List Price and SOLD Price
= (15%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (0%)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 4/1/2011 TO 4/30/2011 = (13)
ORIGINAL
REDUCED DAYS ON
ADDRESS LIST
PRICE LIST PRICE MARKET
132 39th (2)Bed.,(1)Bth. 2ndFl $274,900. SAME 22
6318 Central (3)Bed.,(2)Bth. #3-North 375,000. SAME 9
6300 Landis (2)Bed.,(2)Bth. North 435,000. SAME 121
5512 Roberts (4)Bed.,(2)Bth. East 544,900. 498,000. 190
121 71st (4)Bed.,(2.5)Bth. East 598,500. 593,500. 129
229 55th (4)Bed.,(2.5)Bth. West 649,900. SAME 65
*102 70th (5)Bed.,(4/2)Bth. East 725,000. SAME 193
133 51st (4)Bed.,(3.5)Bth. East 749,999. SAME 21
*25 62nd (6)Bed.,(4.5)Bth. West 929,000. 919,000. 200
*25 62nd (6)Bed.,(4.5)Bth. East 929,000. 919,000. 200
*116 87th (5)Bed.,(4.5)Bth. West 945,000. 939,000. 105
*33 77th (4)Bed.,(3/2)Bth. West 1,099,000. 999,000. 80
2201 Landis (5)Bed.,(3.5)Bth. South 1,529,000. 1,099,000. 298
(5)NEW CONSTRUCTION
CONDO/TOWNHOUSE –
COMPARABLE SALES: 4/1/2011 TO 4/30/2011 = (17)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS LIST
PRICE PRICE PRICE DATE onMkt
5214 Landis (2)Bed.,(1.5)Bth. #C $269,000. SAME $252,500. 4/29/11 218
121 39th (2)Bed.,(1)Bth. 2ndFl 283,000. SAME 265,000. 4/6/11 79
4114 Central (2)Bed.,(1)Bth. #217 294,999. SAME 265,000. 4/8/11 95
4100 Boardwlk (2)Bed.,(1)Bth. #4D 399,900. 379,000. 360,000. 4/8/11 151
*4009 Landis (3)Bed.,(2)Bth. #6 429,000. SAME 405,000. 4/29/11 140
3700 Boardwlk (2)Bed.,(2)Bth. #806 440,000. SAME 426,850. 4/15/11 66
3315 Central (4)Bed.,(2)Bth. North 549,000. 499,000. 450,000. 4/21/11 198
138 50th (4)Bed.,(2)Bth. East 549,900. 535,900. 485,000. 4/22/11 274
*4009 Landis (3)Bed.,(3)Bth. #1 519,999. SAME 492,000. 4/15/11 74
5412 Central (4)Bed.,(2.5)Bth. East 649,900. 630,000. 590,000. 4/20/11 200
*113 36th (6)Bed.,(3/2)Bth. East 599,000. SAME 590,000. 4/29/11 211
19 52nd (4)Bed.,(2)Bth. 1stFl 675,000. SAME 600,000. 4/8/11 82
15 73rd (4)Bed.,(2.5)Bth. West 625,000. SAME 603,000. 4/29/11 111
112 52nd (5)Bed.,(3.5)Bth. East 773,900. 715,000. 680,000. 4/29/11 217
14 76th (4)Bed.,(3)Bth. East 749,000. SAME 700,000. 4/21/11 110
341 47th (4)Bed.,(4)Bth. #A 749,000. SAME 759,000. 4/15/11 100
4010 Pleasure (4)Bed.,(4)Bth. #1 995,000. 849,000. 843,000. 4/22/11 608
(3)NEW CONSTRUCTION
(9,550,598.) (9,240,898.) (8,766,350.) (2,934)
Average Original Average Reduced Average SOLD Average Days on
List Price =
$561,800. List Price =
$543,582. Price = $515,668. Market = 173
-
Difference between ORIGINAL List Price and SOLD Price
= (8%)
-
Difference between ORIGINAL List Price and REDUCED
Price = (3%)
TOATL SEA ISLE
CITY SALE INVENTORY (AS OF 5-6-11) = 350
RESIDENTIAL 20
LOTS/LAND 8
COMMERCIAL 8
MULTI-FAMILY 10