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.
Kelly Blum, Realtor with RE/MAX Beach Home Realty, shares her thoughts on the Real Estate Market in Sea Isle City, NJ.
Saturday, May 26, 2007
Congrats!
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.
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.
Congrats!
Sea Isle City -New Listing!

I just listed a beautiful home that I wanted to share.
The address is 5209 Central South. It is on the corner of Central and 53rd. This home is truly lovely! It is like new, has nice wetland/bay and sunset views. It was never rented and it shows! It is newly painted, has brand new carpeting in the main living area and stairs, 5 Trex Decks, is fully furnished, has an oversized living area, central vac, and a whirlpool master tub. It has a huge paver patio with LOTS of parking! This home shows like a model and is a MUST see!! If you would like to see more pictures or see a virtual tour, please go to my website: http://www.BeachHouseForMe.com
Saturday, May 12, 2007
Sea Isle City Market Update
There have been 125 homes that have sold or gone under contract since Jan. 1, 2007! Here is the rundown for the last week:
-233 86th St-asking $1,599,000, sold price $1,400,000 GREAT DEAL!!!
-205 50th St.- asking $725,000, sold price $705,000
-125 58th St.-asking $819,000, sold price $800,000
-85th & Landis-asking $899,000, sold price $720,000 GREAT DEAL!!!
-340 47th Pl-asking $1,195,000, sold price $1,122,500
All were new construction, and the average reduction in asking price was approximately 9%. 85th & Landis coming down approx. 20% is not a true picture of what is happening in the market though.
-233 86th St-asking $1,599,000, sold price $1,400,000 GREAT DEAL!!!
-205 50th St.- asking $725,000, sold price $705,000
-125 58th St.-asking $819,000, sold price $800,000
-85th & Landis-asking $899,000, sold price $720,000 GREAT DEAL!!!
-340 47th Pl-asking $1,195,000, sold price $1,122,500
All were new construction, and the average reduction in asking price was approximately 9%. 85th & Landis coming down approx. 20% is not a true picture of what is happening in the market though.
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