Sunday, June 10, 2007

Sea Isle City Real Estate Update

Since January 1st, 138 homes have sold or gone under contract. Only one home closed this week:
-7105 Landis Ave. -asking price $624,900, sold price $620,000.

This was a resale, not new construction.

Sea Isle City Real Estate Update

Since January 1st 138 homes have sold or gone under contract. Only one home closed this past week:

-7105 Landis Ave.-asking price $624,900, sold price $620,000

This was a resale, not new construction.

Saturday, June 2, 2007

Sea Isle City Update

Memorial Day weekend was VERY crowded down here! It might have been the most crowded I've seen it!

The weather has been beautiful! Great beach weather!!

Since January 1, 2007 134 homes have sold or gone under contract.

Here's what has closed the last week:

-122 49th-asking price $489,000, sold for $450,000
-134 54h-asking price $749,000, sold for $720,000
-115 46th-asking price $749,000, sold for $680,000 GREAT DEAL!
-351 W 44th-asking price $989,777, sold for $950,000 GREAT DEAL!
-351 E 44th-asking price $989,777, sold for $959,000
-117 39th-asking price $619,000, sold for $580,000
-234 40th-asking price $549,900, sold for $508,000
-130 56th-asking price $815,777, sold for $795,000
-38 74th-asking price $1,099,000, sold for $999,000
-4900 Landis-asking price $334,900, sold for $303,500

On average, these homes came down approx. 6% from their asking prices. Five of these homes were new construction.


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Saturday, May 26, 2007

Market Update

129 homes have sold and gone under contract since January 1, 2007. Here is a wrap up of what closed the past week:

-115 43rd- asking price $329,000, sold price $323,000
-138 75th- asking price $649,000, sold price $639,000
-22 77th- asking price $799,000, sold price $745,000
-24 63rd- asking price $959,000, sold price $875,000

The average percentage that these homes came down from their asking price was approx. 5%. All of these homes were resales, not new construction.

Congrats!


Congratulations to Sandy and Ed on the purchase of their new home! Best wishes and lots of happy memories!

Happy Memorial Day!


Wishing everyone a fun and happy Memorial day! Have fun! Be safe!

Saturday, May 19, 2007

Sea Isle City Market Update

Slow week, only 1 additional home went under contract this week, bringing the total up to 126 homes that has sold or gone under contract since January 1st.

Here is a recap of what has sold/closed the last week:

-5600 Landis, asking price $749,000, sold price $703,000
-125 44th-asking price $749,000, sold price $725,000
-140 84th-asking price $799,000, sold price $775,000
-137 59th-asking price $849,000, sold price $800,000
-12 68th-asking price $929,000, sold price $876,250
-4616 Park-asking price $1,699,000, sold price $1,600,000

These homes came down an average of 5% from their asking price. Four of these homes were new construction.