Thursday, July 12, 2007

Sea Isle City Real Estate Market Update

We are now at 153 homes that have sold or gone under contract since January 1, 2007. The homes that have closed since the last update are:

-113 83rd Street-asking price $559,000, sold for $530,000
-227 85th Street- asking price $749,000, sold for $725,000
-37 78th STreet-asking price $1,050,000, sold for $995,000
-4459 Venicean- asking price $1,299,000, sold for $1,190,000

3 of these homes were new construction and they came down on average approx. 5 1/2% from their asking prices.