2011 – JUNE – SEA ISLE CITY, NJ:

 

RESIDENTIAL – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (0)

RESIDENTIAL – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (0)

 

LOTS/LAND – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (0)

LOTS/LAND – COMPAR4ABLE SALES: 6/1/2011 TO 6/30/2011 = (0)

 

COMMERCIAL – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (0)

COMMERCIAL – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (0)

 

 

 

MULTI-FAMILY – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (1)

                                                                                      ORIGINAL               REDUCED            DAYS ON

ADDRESS                                                                     LIST PRICE              LIST PRICE           MARKET

25 46th (2/3/3)Bed., (1/2/2)Bth. Triplex                $815,000.                 SAME                          1

 

MULTI-FAMILY – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (1)

                                                                      ORIGINAL        REDUCED        SOLD        CLOSING      DAYS

ADDRESS                                                     LIST PRICE        PRICE              PRICE           DATE       onMkt

132 42nd (2/3)Bed.,(1/1)Bth.                 $389,900.            SAME           $352,500.     6/13/11     72

-          Difference between ORIGINAL List Price and SOLD Price = (10%)

-          Difference between ORIGINAL List Price and REDUCED Price = (0%)

 

CONDO/TOWNHOUSE – UNDER CONTRACT: 6/1/2011 TO 6/30/2011 = (11)

                                                                                          ORIGINAL               REDUCED            DAYS ON

ADDRESS                                                                         LIST PRICE              LIST PRICE           MARKET

61 85th (1)Bed.,(1)Bth. #A-404                                     $350,000.               $249,900.              80

4100 Boardwlk (2)Bed.,(1)Bth. #4B                               419,900.                 399,900.              19

205 54th (4)Bed.,(2/2)Bth. East                                       469,000.                 459,000.              90

9 44th (2Bed.,(2)Bth. #303                                                515,000.                 469,000.             508

*222 46th (4)Bed.,(2/2)Bth. West                                    599,000.                   SAME                  1

137 70th (4)Bed.,(3/2)Bth. East                                        639,000.                 624,900.              134

5412 Central (4)Bed., (2.5)Bth. West                              630,000.                 625,000.              137

*110 65th (6)Bed.,(4.5)Bth. West                                     759,900.                    SAME                 20

*110 65th (6)Bed.,(4.5)Bth. East                                       759,900.                    SAME                 13

7300 Pleasure (5)Bed.,(3.5)Bth. North                            899,000.                  849,000.             243

2607 Landis (4)Bed.,(3)Bth. South                                1,279,000.               1,199,500.             276

(3)NEW CONSTRUCTION

 

CONDO/TOWNHOUSE – COMPARABLE SALES: 6/1/2011 TO 6/30/2011 = (12)

                                                                    ORIGINAL        REDUCED        SOLD        CLOSING       DAYS

ADDRESS                                                   LIST PRICE        PRICE            PRICE            DATE         onMkt

3508 Central (3)Bed.,(1.5)Bth. 2ndFl   $429,000.        $379,000.      $353,330.    6/24/11       120

3700 Boardwlk(2)Bed.,(2)Bth. 602-S      455,000.          399,000.        370,000.    6/22/11        465

6300 Landis(2)Bed.,(2)Bth. North           435,000.            SAME           410,000.    6/10/11        189

3500 Boardwlk(2)Bed.,(2)Bth. #223       449,000.            SAME           426,000.    6/10/11         89

7108 Landis(4)Bed.,(2)Bth. South           524,900.           514,900.       485,000.    6/29/11         209

9114 Landis (4)Bed.,(2)Bth. West            559,900.          549,900.       537,000.    6/24/11         220

214 81st (4)Bed.,(3)Bth. East                     599,000.          595,000.       560,000.    6/30/11         279

50 79th (4)Bed.,(2.5)Bth. South                 675,000.          650,000.       590,000.    6/24/11        235

332 44th Pl.(3)Bed.,(2.5)Bth. West           749,000.          679,000.       640,000.    6/9/11           247

333 46th Pl.(4)Bed.,(2/2)Bth. West           749,000.          699,500.       675,000.    6/10/11        151

221 54th (4)Bed.,(3)Bth. East                     764,500.          719,000.       707,000.    6/6/11           324

*4612 Park (5)Bed.,(4.5)Bth. South       1,325,000.            SAME       1,200,000.   6/3/11           170

(1)NEW CONSTRUCTION

                                                                 (7,714,300.)      (7,394,300.)   (6,953,330.)                  (2,698)

Average ORIGINAL               Average REDUCED               Average SOLD               Average Days on

List Price = $642,858.           List Price = $616,192.          Price = $579,444.         Market = 225

-          Difference between ORIGINAL List Price and SOLD Price = (10%)

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

 

TOTAL SEA ISLE CITY SALE INVENTORY (AS OF 7-16-11) = 306:

RESIDENTIAL                                                      19

LOTS/LAND                                                         8

COMMERCIAL                                                     8

MULTI-FAMILY                                                   14

CONDO/TOWNHOUSE                                     257