4TH QTR – SEA ISLE CITY, NJ – 2009
STATISTICS:
RESIDENTIAL: UNDER
CONTRACT COMPARABLE SALES
OCTOBER
0 0
NOVEMBER 1
1
DECEMBER 2 0
(3)
(1)
LOTS/LAND: UNDER
CONTRACT COMPARABLE SALES
OCTOBER
0 0
NOVEMBER 0
0
DECEMBER 0
0
COMMERCIAL: UNDER CONTRACT COMPARABLE SALES
OCTOBER
2 0
NOVEMBER 0 0
DECEMBER 0
0
(2) (0)
MULTI-FAMILY: UNDER
CONTRACT COMPARABLE SALES
OCTOBER
0 0
NOVEMBER 0
0
DECEMBER 0
0
CONDO/TOWNHOUSE: UNDER CONTRACT COMPARABLE SALES
OCTOBER
9 17
NOVEMBER 12 13
DECEMBER 8
21
(29)
(51)
ORIGINAL List
Price REDUCED List Price SOLD Price Days on Mkt
OCTOBER $ 685,871. $ 656,100. $ 628,409. 208
NOVEMBER 698,669. 689,015. 653,731. 264
DECEMBER 696,614. 656,690. 615,968. 186
4TH QTR
AVERAGE ($ 693,700.) ($ 667,268.) ($ 632,703.) (219)
-
Difference between
ORIGINAL List Price and SOLD Price = (9%)
-
Difference between
ORIGINAL List Price and REDUCED Price = (4%)
2009 – SEA ISLE CITY,NJ: 1ST QTR-2ND
QTR-3RD QTR-4TH QTR Statistics:
RESIDENTIAL UNDER CONTRACT COMPARABLE SALES
1ST
QTR 4 4
2ND
QTR
3 1
3RD
QTR 1 1
4TH
QTR
3 1
(11) (7)
LOTS/LAND UNDER CONTRACT COMPARABLE SALES
1ST
QTR 1 0
2ND
QTR 0 1
3RD
QTR 0
0
4TH
QTR 0 0
(1) (1)
COMMERCIAL UNDER CONTRACT COMPARABLE SALES
1ST
QTR 1 1
2ND
QTR 0 0
3RD
QTR 0 1
4TH
QTR
2 0
(3) (2)
MULTI-FAMILY UNDER CONTRACT COMPARABLE SALES
1ST
QTR 2 0
2ND
QTR 2 4
3RD
QTR 1 0
4TH
QTR 0
0
(5) (4)
CONDO/TOWNHOUSE UNDER CONTRACT COMPARABLE SALES
1ST
QTR 34 28
2ND
QTR 29 49
3RD
QTR 46 27
4TH
QTR 29 51
(138)
(155)
TOTAL
CONDO/TOWNHOUSE UNITS SOLD – 2009 = (155)
TOTAL NEW
CONSTRUCTION – CONDO/TOWNHOUSE UNITS SOLD – 2009 = (40)
CONDO/TOWNHOUSE:
Average Original Average Reduced Average SOLD Average Days on
List Price List Price Price Market
1ST
QTR $ 748,670. $ 700,060. $ 654,536. 209
2ND
QTR 698,810. 661,931. 626,890. 214
3RD
QTR 618,608. 589,147. 556,391. 185
4TH
QTR 693,700. 667,268. 632,703. 219
2009
AVERAGE: $ 689,947. $ 654,601. $ 617,630. 207
TOTAL – 2009 SEA
ISLE CITY,NJ UNITS SOLD = (169)
RESIDENTIAL 7
LOTS/LAND 1
COMMERCIAL 2
MULTI-FAMILY
4
CONDO/TOWNHOUSE 155