2010 – SEPTEMBER – SEA ISLE CITY, NJ:           

 

RESIDENTIAL- UNDER CONTRACT: 9/1/2010  TO  9/30/2010 = (0)

RESIDENTIAL – COMPARABLE SALES: 9/1/2010  TO 9/30/2010 = (0)

 

LOTS/LAND – UNDER CONTRACT: 9/1/2010 TO 9/30/2010 = (1)

                                                                 ORIGINAL          REDUCED          DAYS ON

ADDRESS                                              LIST PRICE         LIST PRICE       MARKET

113 36th     58’x 110’                               $ 549,000.                        SAME              28

 

LOTS/LAND – COMPARABLE SALES: 9/1/2010 TO 9/30/2010 = (0)

 

COMMERCIAL – UNDER CONTRACT: 9/1/2010 TO 9/30/2010 = (0)

COMMERCIAL – COMPARABLE SALES: 9/1/2010 TO 9/30/2010 = (0)

 

MULTI-FAMILY – UNDER CONTRACT: 9/1/2010 TO 9/30/2010 = (0)

MULTI-FAMILY – COMPARABEL SALES: 9/1/2010 TO 9/30/2010 = (0)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 9/1/2010 TO 9/30/2010 = (14)

                                                               ORIGINAL          REDUCED          DAYS ON

ADDRESS                                            LIST PRICE         LIST PRICE       MARKET

4114 Central (2)Bed.,(1)Bth. #209        $ 325,000.               $ 299,000.                 106

382  43rdPl (3)Bed.,(1)Bth. #1A              325,000.                    SAME                   2

109 82nd (3)Bed.,(1)Bth. 2ndFl                389,000.                     SAME                  29

9107 Landis (3)Bed.,(1.5)Bth. 1stFl        419,000.                     SAME                   19

*4009 Landis (3)Bed.,(2)Bth. #6             439,000.                   419,000.                  220

9107 Landis (3)Bed.,(1.5)Bth. 2ndFl       429,000.                     SAME                  26

*4601 Landis (3)Bed.,(2)Bth. #B             440,000.                     SAME                  177

4100 Boardwalk (2)Bed.,(1)Bth. #1C      509,000.                   493,900.                  190

227 80th (4)Bed.,(2)Bth. East                   495,000.                      SAME                  20

*201 90th (4)Bed.,(2)Bth. 1stFl                709,000.                    599,000.                 214

113 58th (4)Bed.,(3.5)Bth. West               749,000.                     SAME                   6

9109 Pleasure (4)Bed.,(2)Bth. 1stFl         879,000.                    874,500.                 200

20 68th (5)Bed.,(3.5)Bth. East                   899,000.                     SAME                   1

*37 81st (5)Bed.,(4)Bth. East                    989,000.                    979,500.                  95

(4)NEW CONSTRUCTION

 

 

 

CONDO/TOWNHOUSE – COMPARABLE SALES: 9/1/2010 TO 9/30/2010 = (12)

                                                           ORIGINAL     REDUCED     SOLD     CLOSING   Days

ADDRESS                                        LIST PRICE     PRICE          PRICE        DATE    onMkt

*4111 Landis(2)Bed.,(2)Bth.2ndW.  $ 449,900.          $289,000.      $255,000.    9/30/10      561

*4111 Landis(2)Bed.,(2)Bth.2ndE.      449,900.            274,000.        255,000.    9/30/10      561

*4111 Landis(2)Bed.,(2)Bth.3rdE.       349,900.            294,000.       265,000.     9/30/10      158

3200 Landis(3)Bed.,(2)Bth. C-2ndFl   429,000.            359,000.        345,000.     9/15/10      526

*5110 Landis(5)Bed.,(3.5)Bth. No.      699,000.             SAME         400,000.     9/3/10        149

310 47thPl(3)Bed.,(2)Bth. 2ndFl          599,000.            549,000.       520,000.     9/24/10      109

*201 90th(4)Bed.,(2)Bth. TopFl            725,000.            650,000.       575,000.     9/24/10      224

7612 Central(4)Bed.,(2.5)Bth. East      599,000.             SAME         577,500.     9/9/10        94

129 76th(4)Bed.,(3)Bth. 1stFl                659,000.             SAME         600,000.     9/16/10      243

6611 Landis(4)Bed.,(3.5)Bth. No.        769,000.            699,000.       639,500.     9/4/10        336

8509 Pleasure(4)Bed.,(2)Bth. #8509    825,000.            695,000.       640,000.     9/20/10      145

85 85th (4)Bed.,(3.5)Bth. #7                 799,000.               SAME        785,000.     9/17/10      60

(5)NEW CONSTRUCTION

                                                            ($7,352,700.)    ($6,565,000.)  ($5,857,000.)             (3,166)

Average Original            Average Reduced            Average Sold            Average Days on

List Price = $612,725.     List Price = $547,083.     Price = $488,083.      Market = 264

-         Difference between ORIGINAL List Price and SOLD Price = (20%)

-         Difference between ORIGINAL List Price and REDUCED Price = (11%)

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 10-2-2010) = 331

RESIDENTIAL                                                           22

LOTS/LAND                                                                6

COMMERCIAL                                                          7

MULTI-FAMILY                                                        9

CONDO/TOWNHOUSE                                             287