Sunday, September 30, 2007

Sea Isle City Real Estate Market Update

Wow! We had a very busy weekend! There were lots of buyers shopping this weekend and a few homes even had multiple offers! Is it a sign of change? Only time will tell!

Here is the latest:
- 185 homes have sold or gone under contract since January 1st

Homes closed:
-3900 Pleasure, asking price $359K, sold for $345K
-143 44th, asking price $719K, sold for $689K
-221 88th, asking price $719K, sold for $700K
-38 74th, asking price $1,069,000, sold for $999,999
-6109 Pleasure, asking price $4,250,000, sold for $3,850,000

Three of these homes were new constructions, the others were resales. The approx. average they came down off of their asking prices was 5%.

Thursday, September 27, 2007

Sea Isle City Real Estate Market Update

Two more homes have gone under contract making it a total of 182 homes that have gone under contract or sold since January 1st.

The only home that has closed since the last post is 225 87th Street, Rear Cottage, the asking price was $319,000 and it sold for $290,000.

Friday, September 21, 2007

Congrats!



Congratulations to Marty and Sita on the purchase of their new home! Best wishes! See you around town!

Sea Isle City Real Estate Update

Another home went under contract making is 180 homes that have sold or gone under contract since Jan. 1, 2007.

The homes that have sold since the last post are:

-210 85th Street B- asking price $400,000, sold price $400,000
-26 42nd Street- asking price $439,777, sold price $405,000
-130 88th Street- asking price $599,000, sold price $575,000
-6708 Landis Ave.- asking price $674,900, sold price $650,000
-131 52nd Street- asking price $725,000, sold price $675,000
-225 48th Street-asking price $605,000, sold price $579,000

All of these homes were resales and the average that these homes came down off their asking price was approx. 6%.

Sea Isle City Irish Festival This Saturday!!

Just a reminder!!

This weekend is Sea Isle City's First Annual Irish Festival.

A street fair will take place from 11am -9pm on Saturday on JFK Blvd. between Central and Landis Ave.

Friday night LaCosta Deck will be having $2 Guinness, $2 Jameson Shots and $4 Car Bombs-The Gallagher Brothers will be playing.

Saturday night the Gallagher Brothers will be back at LaCosta Deck from 4-8pm and following them Killin' Thyme featuring The Irish Dancers will be there until closing. In the Lounge from 4-8pm The Rockets will playing.

Kix McNutley's is sponsoring an outdoor tent with live entertainment all day, with the Irish sounds of Cletus McBride from 11am-9pm.

There will be vendors at the Street fair with Irish goodies too!

Thursday, September 13, 2007

Sea Isle City Real Estate Market Update

Two more homes have gone under contract today, making the total 179 homes sold and under contract since Jan. 1st.

The only home to close since the last update was:

131 52nd Street- Asking price $725,000, sold price $675,000

Sea Isle City Fall Family Festival

Just a reminder!!

The Sea Isle City Fall Family Festival is this weekend!!

Lots of fun for everyone! Stop by and see me at The Weichert, Realtors stand located around 44th Street.

Here is what will be happening:

-14th 7pm Dance Contest, Five Age Groups, on the Promenade

-15th Seaside Market, Live Entertainment, Food Court, 9am-4pm, rain or shine

Also the Promenade Dance Party at 7:30

-16th Antique Auo Show 9am-1pm
Sand Sculpting Contest, 9am-12pm
Live music
free guided trolley tours 10:30-12:30
Antique Auto Parade 1:30p

Monday, September 10, 2007

Free 1031 Tax Deferred Exchange Seminar in Sea Isle City


Stop Paying Capital Gains!!

Free 1031 Tax Deferred Exchange Seminar
Guest Speaker: Ray Poling, President, Realtex Realty Exchange
Saturday, October 13, 2007 9:30-11:00
Deauville Inn, Strathmere, NJ
Coffee and Danishes will be served.

This seminar is for you if:
-Your property is currently for sale or you have an investment property, and you would like to purchase a replacement property.

-You’ve heard about 1031 Tax Deferred Exchanges, but you’re not really sure what they are.

-You know what a 1031 Tax Deferred Exchange is, but want more information and have questions.

Sign up today!
Advanced registration is required. Space is limited.
To register, please call Kelly Blum at WEICHERT, REALTORS Hoey Group
609-263-3006



Sponsered by Gerri Rescigno & Kelly Blum, Sales Associates, Weichert, Realtors Hoey Group & Realtex Realty Exchange

Saturday, September 8, 2007

Real Estate Market Update

It has been a busy couple of days down here! Lots of people looking to buy. In the last 24 hours 3 homes have gone under contract making it a totaly of 177 homes that have gone under contract or sold since Jan. 1, 2007. The entire 2006 year approx. 158 homes sold.

Thursday, September 6, 2007

Sea Isle City Fun! Mark Your Calendars!!!

Some fun events are coming soon to Sea Isle City!!

The weekend of Sept. 14th is the Fall Family Fun Festival!
-14th 7pm Dance Contest, Five Age Groups, on the Promenade
-15th Seaside Market, Live Entertainment, Food Court, 9am-4pm, rain or shine
Also the Promenade Dance Party at 7:30
-16th Antique Auo Show 9am-1pm, Sand Sculpting Contest, 9am-12pm, Live music, free guided trolley tours 10:30-12:30, Antique Auto Parade 1:30p

Great fun!!

Also coming soon to Sea Isle City:

-Sea Isle City's First Annual Irish Festival -Weekend of Sept. 21st
-Sea Isle City's Halloween Parade and Octoberfest-Weekend of Oct. 19th

Sea Isle City Real Estate Market Update

We are holding at 174 homes that have sold are under contract since 1/1/07 and no homes have closed this past week.

We have been seeing a lot more buyers coming to open houses and there have been significantly more showings, so we are expecting a busy fall!

Sunday, September 2, 2007

New Listing!

New listing-First of its kind!! Tom Welsh will be building his first 5 bedroom, 3.5 bath home with a BONUS ROOM! He has built 5 bedroom homes, he has built a 4 bedroom home with a bonus room, but this is the FIRST 5 bedroom with a bonus room! This picture is similar to what it will look like. This home is priced at $829,000 and will feature hardwood flooring, granite counters, tile backsplash and stainless steel appliances!

New Construction For Sale-Website

Just wanted to let everyone know about a new website I started.

http://www.SeaIsleCityNewConstruction.com

It lists all of the new construction homes for sale in Sea Isle City. Check it out!