Sea Isle City's 2012 Real Estate Market Wrap Up

Hi Everyone! Happy New Year! I hope your Holiday Season was wonderful!

Here is the 2012 Sea Isle City Real Estate Wrap Up:

A total of 260 homes went under contract in 2012, compared to 200 in 2011!  This includes all townhomes, condos, single family homes, multi-family homes, lots, and commercial that were listed on the MLS and had a contract date of Jan. 1^st 2012 to Dec. 31^st 2012.

Here is the breakdown:

Single Family Homes-  13 Sold,   Average Price $660,000, Median Price $601,000

Lots- 5 Sold, Average Price $328,000, Median Price $375,000

Commercial- 2 Sold, Average Price $212,500, Median Price $212,500

Multi-Family Homes- 4 Sold, Average Price $565,000, Median Price $557,500

Condo and Townhomes- 236 Sold, Average Price $600,297, Median Price $563,750

Looking forward to a great 2013 too!

So far for 2013, the follow homes have closed:

130 87^th Street, asking price $525,000, sold price $490,000

113 72^nd Street, asking price $685,000, sold price $642,500

4700 Central Ave., asking price $699,000, sold price $687,500

22 80^th Street, asking price $1,050,000, sold price $935,000