Just wanted to congratulate my clients, Margie and Ed, who sold their Pier 43 condo! Best Wishes and enjoy your new home in Ventnor!!
Wednesday, February 28, 2007
Tuesday, February 27, 2007
Sea Isle City Real Estate Market/Homes that Have Sold
The market continues to be active, since January 1, 2007, 54 properties have gone under contract or sold! It is a positive change and it seems the real estate market has stabilized. Like I have said before, this is still a Buyer's market since the inventory is still high.
Here is how the asking prices vs. sold prices are stacking up:
-354 43rd 2G- asking price $469,000, sold price $425,000
-316 40th East- asking price $539,000, sold price $500,000
-134 71st West- asking price $599,000, sold price $590,000
-214 87th East- asking price $699,900, sold price $650,000
-6505 Central S- asking price $719,000, sold price $652,500
-229 57th West- asking price $759,000, sold price $739,000
-205 50th West- asking price $775,000, sold price $740,000
-306 44th West- asking price $749,000, sold price $750,000
-85th Landis 8- asking price $799,900, sold price $750,000
-130 34th East- asking price $825,000, sold price $760,000
-128 72nd West-asking price $829,000, sold price $798,000
Here is how the asking prices vs. sold prices are stacking up:
-354 43rd 2G- asking price $469,000, sold price $425,000
-316 40th East- asking price $539,000, sold price $500,000
-134 71st West- asking price $599,000, sold price $590,000
-214 87th East- asking price $699,900, sold price $650,000
-6505 Central S- asking price $719,000, sold price $652,500
-229 57th West- asking price $759,000, sold price $739,000
-205 50th West- asking price $775,000, sold price $740,000
-306 44th West- asking price $749,000, sold price $750,000
-85th Landis 8- asking price $799,900, sold price $750,000
-130 34th East- asking price $825,000, sold price $760,000
-128 72nd West-asking price $829,000, sold price $798,000
-129 54th West-asking price $829,000, sold price $800,000
-8301 Pleasure-asking price $879,000, sold price $800,000
-35 80th 1st Fl-asking price $925,000, sold price $875,000
-312 46th East-asking price $1,099,500, sold price $995,000
-6712 Central-asking price $1,299,000, sold price $1,100,000
-221 89th S-asking price $1,395,000, sold price $1,150,000
-4459 Venicean-asking price $1,649,900,sold price $1,520,000
-6 54th S-asking price $1,995,000, sold price $1,675,000
Twelve of these homes were new construction. The average % that these homes came down from their asking price was 8% and the average days on the market for these homes was 225 days.
Thursday, February 22, 2007
Looking for New Construction in Sea Isle City?
Great opportunity! One side just went under contract! Tom Welsh New Construction in the South End of town! Don't miss the other side! Still time to pick out your colors!
Check out the website:
http://www.126-74thStreet.com
Check out the website:
http://www.126-74thStreet.com
Sea Isle City Polar Bear Plunge 2007 Video
Hi Everyone!
I came across this video from the recent Polar Bear Plunge and it was just TOO good not to share!
It really captures what the Polar Plunge is like! Enjoy!!
http://www.youtube.com/watch?v=HbKhbsaiwWY
I came across this video from the recent Polar Bear Plunge and it was just TOO good not to share!
It really captures what the Polar Plunge is like! Enjoy!!
http://www.youtube.com/watch?v=HbKhbsaiwWY
Tuesday, February 20, 2007
Someone Got a Great Deal!!
Well, we continue to have an active market! Two more homes have gone under contract- 45 total since 1/1/07! Also, 6505 North Central just closed. It is a JF Built, New Construction, the asking price was $719K, it sold for $652,500! The new owners got a great deal!
Typically we have been seeing new construction come down about $20K-$30K.
Once again, keep in mind, that even though many homes have sold and gone under contract, we are still in a Buyers' market. There are still approximately 350 homes for sale in Sea Isle!
Be sure to check my website to see my top picks for the best buys in Sea Isle City! I try to update it at least once a week!
http://www.BeachHouseForMe.com
Typically we have been seeing new construction come down about $20K-$30K.
Once again, keep in mind, that even though many homes have sold and gone under contract, we are still in a Buyers' market. There are still approximately 350 homes for sale in Sea Isle!
Be sure to check my website to see my top picks for the best buys in Sea Isle City! I try to update it at least once a week!
http://www.BeachHouseForMe.com
Saturday, February 17, 2007
2 More Under Contract in Sea Isle City
Two more homes have gone under contract, bringing it up to 42 homes under contract or sold since January 1,2007. There are a lot of people down for the Polar Bear Plunge this weekend so I expect that number will jump in the upcoming week.
The weather has warmed up a bit, which is great for those Polar Bears!!
The weather has warmed up a bit, which is great for those Polar Bears!!
Thursday, February 15, 2007
More Homes Under Contract and Lots of Open Houses This Weekend!
The Market is continuing to improve-just today three more homes have gone under contract, making it a total of 40 homes that have either gone under contract or sold since January 1, 2007!
Weichert, Realtors Hoey Group is having a bunch of Open Houses this weekend! Also, stop by our office for a chance to win an adorable (and BIG) Polar Bear!
Wednesday, February 14, 2007
Sea Isle City Polar Bear Plunge and Weather
Happy Valentine's Day!
Here are some pictures taken from last years' Plunge from SOJO 104.9 Radio!
Well, the heavy rainstorm we received last night and this morning washed all of our snow away. There are a couple of streets that are flooded on this dark and gloomy morning, so if you are in down watch out!
The 13th Annual Polar Bear Plunge is this upcoming weekend and will be held on Saturday, at 2pm, at JFK and the beach. If you are feeling adventurous you can still register! Same day registration is 10am to 12pm at LaCosta Lounge at JFK and Landis and the cost
is $25. There is a post-party at the LaCosta Lounge right after the plunge--free food and live entertainment!
If you have never experienced the Polar Bear Plunge before, it is quite an experience and lots of fun! There are hundreds of people who brave the frigid temperatures, air and water, many in costumes! This will be the final year of the reining Ice Queen, Irene Jameson, 82 years old, who rides in on a throne made of ice. Irene has been the queen for the past 12 years and has raised over $30,000 in donations for the family activities held in Sea Isle over the summer. She is quite an inspiration! Go Irene!
The 13th Annual Polar Bear Plunge is this upcoming weekend and will be held on Saturday, at 2pm, at JFK and the beach. If you are feeling adventurous you can still register! Same day registration is 10am to 12pm at LaCosta Lounge at JFK and Landis and the cost
is $25. There is a post-party at the LaCosta Lounge right after the plunge--free food and live entertainment!If you have never experienced the Polar Bear Plunge before, it is quite an experience and lots of fun! There are hundreds of people who brave the frigid temperatures, air and water, many in costumes! This will be the final year of the reining Ice Queen, Irene Jameson, 82 years old, who rides in on a throne made of ice. Irene has been the queen for the past 12 years and has raised over $30,000 in donations for the family activities held in Sea Isle over the summer. She is quite an inspiration! Go Irene!
Here are some pictures taken from last years' Plunge from SOJO 104.9 Radio!
Tuesday, February 13, 2007
Sea Isle Weather
It is currently pretty snowy down here, but it is not sticking to the road yet. The weather channel is predicting that the snow will change to an icy mix and then eventually might turn to rain. The children down here were pretty disappointed by not having a snow day! In Real Estate related news, another home just sold/closed. It was a brand new Tom Welsh construction at 129 West 54th Street just sold for $800,000. The asking price was $829,000.
Sunday, February 11, 2007
Welcome!
Hi Everyone!
Welcome to my new blog site! I will be posting what is going on in Sea Isle City and the SIC Real Estate Market.
Well, the market has picked up dramatically down here since January 1st! Since the first of the year, 35 homes have gone under contract or sold! We have even been seeing multiple offers on properties, which we haven't seen in a while. This does not mean that is has switched to a Seller's Market, it still remains a strong Buyer's Market with approximately 365 homes for sale in Sea Isle alone. The prices are staying stable, not increasing, and not as many price reductions as we have seen previously. Interest rates are still low so it remains an excellent time to buy!
One issue that I have been coming across is that some Buyers are looking to purchase vacation homes for themselves and not as a rental investments. The rental market seems to be going strong, and many homes that are for sale are now getting rentals in them. So, if you are looking for a home to use, act sooner, rather than later, the longer you wait the more tenants might be in place.
Welcome to my new blog site! I will be posting what is going on in Sea Isle City and the SIC Real Estate Market.
Well, the market has picked up dramatically down here since January 1st! Since the first of the year, 35 homes have gone under contract or sold! We have even been seeing multiple offers on properties, which we haven't seen in a while. This does not mean that is has switched to a Seller's Market, it still remains a strong Buyer's Market with approximately 365 homes for sale in Sea Isle alone. The prices are staying stable, not increasing, and not as many price reductions as we have seen previously. Interest rates are still low so it remains an excellent time to buy!
One issue that I have been coming across is that some Buyers are looking to purchase vacation homes for themselves and not as a rental investments. The rental market seems to be going strong, and many homes that are for sale are now getting rentals in them. So, if you are looking for a home to use, act sooner, rather than later, the longer you wait the more tenants might be in place.
Remember to check out my website to search the Sea Isle City MLS and see my picks for the best buys in town!
http://www.BeachHouseForMe.com
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