2011 – JANUARY – SEA ISLE CITY,NJ:
RESIDENTIAL – UNDER
CONTRACT: 1/1/2011 TO 1/31/2011 = (0)
RESIDENTIAL –
COMPARABLE SALES: 1/1/2011 TO 1/31/2011 = (1)
ORIGINAL REDUCED SOLD
CLOSING DAYS
ADDRESS LIST
PRICE PRICE PRICE DATE onMkt
210 55th St. (3)Bed.,(2)Bth. $800,000. $749,000. $730,000. 1/7/11 174
Average Original Average Reduced Average Sold Average Days on
List Price =
$800,000. List Price =
$749,000. Price = $730,000. Market = 174
-
Difference between
ORIGINAL List Price and SOLD Price = (9%)
-
Difference between
ORIGINAL List Price and REDUCED Price = (6%)
LOTS/LAND – UNDER
CONTRACT: 1/1/2011 TO 1/31/2011 = (0)
LOTS/LAND –
COMPARABLE SALES: 1/1/2011 TO 1/31/2011 = (0)
COMMERCIAL – UNDER
CONTRACT: 1/1/2011 TO 1/31/2011 = (0)
COMMERCIAL –
COMPARABLE SALES: 1/1/2011 TO 1/31/2011 = (0)
MULTI-FAMILY – UNDER
CONTRACT: 1/1/2011 TO 1/31/2011 = (1)
ORIGINAL
REDUCED DAYS ON
ADDRESS
LIST PRICE LIST
PRICE MARKET
10 50th St. (5/5/4)Bed., (4/3/2.5)Bth. 46x110 $2,599,000. SAME 34
MULTI-FAMILY –
COMPARABLE SALES: 1/1/2011 TYO 1/31/2011 = (0)
CONDO/TOWNHOUSE –
UNDER CONTRACT: 1/1/2011 TO 1/31/2011 = (8)
ORIGINAL REDUCED DAYS ON
ADDRESS
LIST PRICE LIST
PRICE MARKET
113 65TH (3)Bed.,(2)Bth. #204 $419,000. $409,500. 86
*4601 Landis (3)Bed.,(2)Bth. #C 440,000. SAME 97
227 80th (4)Bed.,(2)Bth. West 495,000. SAME 93
26 73rd St. (4)Bed.,(2.5)Bth. East 635,000. 599,000. 13
3605 Landis (5)Bed.,(3)Bth. South 650,000. SAME 116
3204 Landis (4)Bed.,(3.5)Bth. North 699,000. 679,000. 88
*6608 Landis (5)Bed.,(3.5)Bth. North 689,000. SAME 168
7002 Landis (5)Bed.,(4/2)Bth. West 725,000. SAME 123
(2)NEW CONSTRUCTION
CONDO/TOWNHOUSE –
COMPARABLE SALES: 1/1/2011 TO 1/31/2011 = (10)
ORIGINAL REDUCED SOLD CLOSING DAYS
ADDRESS
LIST PRICE PRICE PRICE DATE onMkt
4315 Landis (3)Bed.,(1)Bth. #2W $399,000. $299,900. $235,000. 1/28/11 869
3510 Central (3)Bed.,(1)Bth. #5 315,000. 299,000. 266,000. 1/22/11 516
125 89th (3)Bed.,(1.5)Bth. 1st Fl 474,900. 425,000. 370,000. 1/28/11 277
6310 Emmeus (4)Bed.,(2.5)Bth. So. 675,000. 539,000. 500,000. 1/14/11 399
224 38th (5)Bed.,(3)Bth. West 549,900. SAME 530,000. 1/28/11 101
138 65th (4)Bed.,(2.5)Bth. East 649,000. 579,000. 545,000. 1/6/11 238
5110 Central (4)Bed.,(2.5)Bth. No. 610,000. SAME 585,000. 1/31/11 133
5200 Landis (4)Bed.,(3)Bth. No. 730,000. 679,900. 635,000. 1/21/11 294
110 60th (4)Bed.,(3.5)Bth, East 775,000. 765,000. 731,000. 1/18/11 138
331 47th Pl (4)Bed.,(3.5)Bth. East 854,900. SAME 855,000. 1/3/11 62
(6,032,700.) (5,601,600.) (5,252,000.) (3,027)
Average Original Average Reduced Average Sold Average Days on
List Price =
$603,270. List Price =
$560,160. Price = $525,200. Market = 303
-
Difference between
ORIGINAL List Price and SOLD Price = (13%)
-
Difference between
ORIGINAL List Price and REDUCED Price = (7%)
TOTAL SEA ISLE
CITY SALE INVENTORY (AS OF 2/4/2011) = 323
RESIDENTIAL
17
LOTS/LAND 8
COMMERCIAL
4
MULTI-FAMILY 11
CONDO/TOWNHOUSE 283