Tuesday, February 27, 2007

Sea Isle City Real Estate Market/Homes that Have Sold

The market continues to be active, since January 1, 2007, 54 properties have gone under contract or sold! It is a positive change and it seems the real estate market has stabilized. Like I have said before, this is still a Buyer's market since the inventory is still high.

Here is how the asking prices vs. sold prices are stacking up:

-354 43rd 2G- asking price $469,000, sold price $425,000

-316 40th East- asking price $539,000, sold price $500,000

-134 71st West- asking price $599,000, sold price $590,000

-214 87th East- asking price $699,900, sold price $650,000

-6505 Central S- asking price $719,000, sold price $652,500

-229 57th West- asking price $759,000, sold price $739,000

-205 50th West- asking price $775,000, sold price $740,000

-306 44th West- asking price $749,000, sold price $750,000

-85th Landis 8- asking price $799,900, sold price $750,000

-130 34th East- asking price $825,000, sold price $760,000

-128 72nd West-asking price $829,000, sold price $798,000

-129 54th West-asking price $829,000, sold price $800,000

-8301 Pleasure-asking price $879,000, sold price $800,000

-35 80th 1st Fl-asking price $925,000, sold price $875,000

-312 46th East-asking price $1,099,500, sold price $995,000

-6712 Central-asking price $1,299,000, sold price $1,100,000

-221 89th S-asking price $1,395,000, sold price $1,150,000

-4459 Venicean-asking price $1,649,900,sold price $1,520,000

-6 54th S-asking price $1,995,000, sold price $1,675,000

Twelve of these homes were new construction. The average % that these homes came down from their asking price was 8% and the average days on the market for these homes was 225 days.

Thursday, February 22, 2007

Looking for New Construction in Sea Isle City?

Great opportunity! One side just went under contract! Tom Welsh New Construction in the South End of town! Don't miss the other side! Still time to pick out your colors!

Check out the website:

http://www.126-74thStreet.com

Sea Isle City Polar Bear Plunge 2007 Video

Hi Everyone!

I came across this video from the recent Polar Bear Plunge and it was just TOO good not to share!

It really captures what the Polar Plunge is like! Enjoy!!

http://www.youtube.com/watch?v=HbKhbsaiwWY

Tuesday, February 20, 2007

Someone Got a Great Deal!!

Well, we continue to have an active market! Two more homes have gone under contract- 45 total since 1/1/07! Also, 6505 North Central just closed. It is a JF Built, New Construction, the asking price was $719K, it sold for $652,500! The new owners got a great deal!

Typically we have been seeing new construction come down about $20K-$30K.

Once again, keep in mind, that even though many homes have sold and gone under contract, we are still in a Buyers' market. There are still approximately 350 homes for sale in Sea Isle!

Be sure to check my website to see my top picks for the best buys in Sea Isle City! I try to update it at least once a week!

http://www.BeachHouseForMe.com

Saturday, February 17, 2007

And Our Winner Is...


2 More Under Contract in Sea Isle City

Two more homes have gone under contract, bringing it up to 42 homes under contract or sold since January 1,2007. There are a lot of people down for the Polar Bear Plunge this weekend so I expect that number will jump in the upcoming week.

The weather has warmed up a bit, which is great for those Polar Bears!!

Thursday, February 15, 2007

More Homes Under Contract and Lots of Open Houses This Weekend!


The Market is continuing to improve-just today three more homes have gone under contract, making it a total of 40 homes that have either gone under contract or sold since January 1, 2007!


Weichert, Realtors Hoey Group is having a bunch of Open Houses this weekend! Also, stop by our office for a chance to win an adorable (and BIG) Polar Bear!