2010 – JANUARY - SEA ISLE CITY, NJ:
RESIDENTIAL – UNDER
CONTRACT: 1/1/2010 TO 1/31/2010 = (0)
RESIDENTIAL –
COMPARABLE SALES: 1/1/2010 TO 1/31/2010 = (3)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST PRICE PRICE PRICE DATE onMkt
141 77th St.(2)Bed.,(2)Bth. $ 440,000. SAME $ 415,000. 1/15/10 204
26 48th St.(4)Bed.,(3.5)Bth. 1,250,000. 799,000. 750,000. 1/12/10 865
116 87th St.(2)Bed.,(1.5)Bth. 1,700,000. 1,250,000. 1,100,000. 1/15/10 846
(3,390,000.)
(2,489,000.)
(2,265,000.)
(1,915)
Average Original Average Reduced Average Sold Average Days on
Price =
$1,130,000. Price =
$829,667. Price =
$755,000. Market = 638
-
Difference between
ORIGINAL List Price and SOLD Price = (33%)
- Difference between ORIGINAL List Price and REDUCED Price = (27%)
LOTS/LAND – UNDER
CONTRACT – 1/1/2010 TO 1/31/2010 = (0)
LOTS/LAND –
COMPARABLE SALES: 1/1/2010 TO 1/31/2010 = (0)
COMMERCIAL – UNDER
CONTRACT: 1/1/2010 TO 1/31/2010 = (0)
COMMERCIAL –
COMPARABLE SALES: 1/1/2010 TO 1/31/2010 = (0)
MULTI-FAMILY – UNDER
CONTRACT: 1/1/2010 TO 1/31/2010 = (1)
ORIGINAL REDUCED
DAYS ON
ADDRESS LIST PRICE LIST PRICE
MARKET
7804 Central (3/3)Bed.,(1.5/1.5)Bth. $ 749,000. $ 695,000. 245
MULTI-FAMILY –
COMPARABLE SALES: 1/1/2010 TO 1/31/2010 = (1)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST
PRICE PRICE PRICE DATE onMkt
3602 Landis(4/2/2)Bed.(1.5/1/1)Bth. $ 829,000. $ 659,000. $510,000. 1/19/10 494
Average Original Average Reduced Average Sold Average Days on
Price =
$829,000. Price =
$659,000. Price =
$510,000. Market = 494
-
Difference between
ORIGINAL List Price and SOLD Price = (39%)
-
Difference between
ORIGINAL List Price and REDUCED Price = (21%)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 1/1/2010 TO 1/31/2010 = (14)
ORIGINAL REDUCED DAYS ON
ADDRESS LIST PRICE LIST PRICE MARKET
4114 Central(3)Bed.,(2)Bth. #104 $ 359,900. SAME 70
125 75th(3)Bed.,(1.5)Bth. 1stFl 499,999. 425,000. 81
* 4009 Landis(3)Bed.,(2)Bth. #4 439,000. SAME 63
25 78th St.(3)Bed.,(2)Bth. East 619,000. 550,000. 310
4406 Venicean(4)Bed.,(3.5)Bth. 2ndFl 575,000. SAME 72
126 39th St.(4)Bed.,(3.5)Bth. West 609,000. 599,900. 454
3500 Boardwlk(3)Bed.,(2)Bth. #715N 675,000. 619,000. 172
8 68th St.(4)Bed.,(3.5)Bth. West 689,900. 650,900. 92
4433 Venicean(3)Bede.,(3.5)Bth. North 699,000. SAME 27
* 237 77th St.(5)Bed.,(3.5)Bth. East 729,000. SAME 149
114 56th St. (4)Bed.,(3.5)Bth. East 749,900. SAME 74
* 209 75th St. (5)Bed.,(3.5)Bth. West 795,000. 785,000. 204
12 83rd St. (4)Bed.,(3)Bth. South 1,599,000. 1,475,000. 79
6613 Pleasure(5)Bed.,(5.5)Bth. North 2,200,000. SAME 282
(3) NEW CONSTRUCTION
CONDO/TOWNHOUSE –
COMPARABLE SALES: 1/1/2010 TO 1/31/2010 = (5)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST
PRICE PRICE PRICE DATE onMkt
230 78th(4)Bed.,(2)Bth. 2ndFl $ 563,000. $ 550,000. $ 525,000. 1/19/10 171
138 55th(4)Bed.,(2)Bth. East 609,000. SAME 580,000. 1/7/10 120
3614 Pleasure(4)Bed.,(3.5)Bth. W 679,000. SAME 627,500. 1/8/10 116
5200 Landis(%)Bed.,(3.5)Bth. So. 739,000. SAME 700,000. 1/9/10 135
14 58th (4)Bed.,(3)Bth. South 998,000. SAME 959,000. 1/22/10 133
(3,588,000.) (3,575,000.)
(3,391,500.)
(675)
Average Original Average Reduced Average Sold Average Days on
Price =
$717,600. Price =
$715,000. Price =
$678,300. Market = 135
-
Difference between
ORIGINAL List Price and SOLD Price = (6%)
- Difference between ORIGINAL List Price and REDUCED Price = (1%)
TOTAL SEA ISLE CITY
SALE INVENTORY (AS OF 2/14/2010) = (282)
RESIDENTIAL 22
LOTS/LAND 5
COMMERCIAL
6
MULTI-FAMILY 9
CONDO/TOWNHOUSE
240