2009 – OCTOBER – SEA ISLE CITY,NJ:

 

RESIDENTIAL – UNDER CONTRACT: 10/1/2009 TO 10/31/2009 = (0)

RESIDENTIAL – COMPARABLE SALES: 10/1/2009 TO 10/31/2009 = (0)

 

LOTS/LAND – UNDER CONTRACT: 10/1/2009 TO 10/31/2009 = (0)

LOTS/LAND – COMPARABLE SALES: 10/1/2009 TO 10/31/2009 = (0)

 

COMMERCIAL – UNDER CONTRACT: 10/1/2009 TO 10/31/2009 = (2)

                                                              ORIGINAL            REDUCED            DAYS ON

ADDRESS                                            LIST PRICE          PRICE                   MARKET

8305 Landis 850sq.ft.                           $199,900.                 $139,900.                340

4117 Landis 3300sq.ft.                           659,017.                   550,017.                263

 

COMMERCIAL – COMPARABLE SALES: 10/1/2009 TO 10/31/2009 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 10/1/2009 TO 10/31/2009 = (0)

MULTI-FAMILY – COMPARABLE SALES: 10/1/2009 TO 10/31/2009 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 10/1/2009 TO 10/31/2009 = (9)

                                                                        ORIGINAL            REDUCED          DAYS ON

ADDRESS                                                      LIST PRICE          PRICE                 MARKET

*333 39th (5)Bed.,(3.5)Bth. West                    $549,900.                 SAME                  24

*333 39th (5)Bed.,(3.5)Bth. East                       549,900.                  SAME                 24

139 43rd (5)Bed.,(3.5)Bth. West                        645,000.                 599,000.               277

9400 Roberts (3)Bed.,(2)Bth. #108                   749,000.                 635,000.               537

221 82nd (4)Bed.,(3.5)Bth. West                        695,000.                649,000.               106

3614 Pleasure (4)Bed.,(3.5)Bth. West               679,000.                 SAME                  34

*32 47th (5)Bed.,(3)Bth. West                           829,000.                 SAME                  207

5 85th (4)Bed.,(3)Bth. North                            1,300,000.               1,150,000.             182

*5600 Pleasure(5)Bed.,(4)Bth. North              1,175,000.                SAME                  8

 

CONDO/TOWNHOUSE – COMPARABLE SALES: 10/1/2009 TO 10/31/2009 = (17)

                                                          ORIGINAL     REDUCED     SOLD     CLOSING   DOM

ADDRESS                                        LIST PRICE     PRICE          PRICE       DATE

109 82nd(2)Bed.,(1)Bth. Rear           $239,000.            SAME           $210,000.    10/9/09       86

140 42nd(2)Bed.,(1)Bth. 1stFl            338,000.            315,000.          310,000.     10/30/09     281

105 65th(2)Bed.,(1)Bth. #107            350,000.              SAME            325,000.     10/2/09       52

225 87th(2)Bed.,(1)Bth. 2ndFl           375,000.              SAME            330,000.     10/23/09     65

*6300 Landis(2)Bed.,(2)Bth. #B       385,000.              SAME            365,000.     10/9/09       46

7813 Roberts(4)Bed.,(2.5)Bth. No.   579,000.              SAME            580,000.      10/9/09       38

*3614 Pleasure(4)Bed.,(3.5)Bth. E.   729,000.             679,000.         630,000.       10/29/09     265

133 69th(5)Bed.,(3)Bth. West             710,000.             678,900.         635,000.      10/15/09     406

                                                         (3,705,000.)     (3,600,900.)   (3,385,000.)                    (1,239)

 

*4801 Central(5)Bed.,(4)Bth. No.      743,000.             689,000.         656,700.      10/29/09     493

25 49th(4)Bed.,(2.5)Bth. North           875,000.             748,000.         721,250.      10/31/09     380

*126 73rd(5)Bed.,(3.5)Bth. East         789,900.             759,900.         725,000.      10/26/09     224

*126 73rd(5)Bed.,(3.5)Bth. West        789,900.             759,900.         725,000.      10/26/09     224

85 85th(4)Bed.,(3.5)Bth. #9                779,000.              SAME           745,000.      10/30/09     67

*7304 Central(4)Bed.,(3/2)Bth. So.   930,000.             799,000.         775,000.      10/15/09     390

*209 59th(5)Bed.,(3.5)Bth. West        829,000.             799,900.         800,000.      10/23/09     273

25 80th(4)Bed.,(3.5)Bth. West            919,000.              SAME           850,000.      10/8/09      157

10 55th(5)Bed.,(3)Bth. South            1,300,000.             SAME        1,300,000.      10/23/09      97

(7) NEW CONSTRUCTION

                                                        (11,659,800)       (11,153,700.)  (10,682,950.)              ( 3,544)

Average Original               Average Reduced               Average Sold            Average Days on

List Price = $685,871.        List Price = $656,100.        Price = $628,409.      Market = 208

-         Difference between ORIGINAL List Price and SOLD Price = (8%)

-         Difference between ORIGINAL List Price and REDUCED Price = (4%)

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 12/5/09) = 285

RESIDENTIAL                                                          19

LOTS/LAND                                                               6

COMMERCIAL                                                         2

MULTI-FAMILY                                                       12

CONDO/TOWNHOUSE                                           246