Tuesday, October 2, 2007

Sea Isle City Real Estate Market Update

4 more homes have gone under contract making it 189 homes that have sold or gone under contract since January 1st. I am guessing by the weekend it will be even higher since there are a bunch of homes that have just started attorney review.

Here is what has closed in the last couple of days:

-126 77th Street-asking price $699,000, sold price $630,000
-210 58th Street-asking price $749,000, sold price $725,000
-4605 Park Ave.-asking price $729,000, sold price $692,000

Two of these homes were new construction, one was a resale. The approx. average these homes sold for was 6% off of their asking prices.