3RD QUARTER
– SEA ISLE CITY,NJ – 2009 STATISTICS:
RESIDENTIAL
UNDER
CONTRACT
COMPARABLE SALES
JULY
0
0
AUGUST
1
1
SEPTEMBER
0
0
LOTS/LAND
UNDER CONTRACT
COMPARABLE SALES
JULY
0
0
AUGUST
0
0
SEPTEMBER
0
0
COMMERCIAL
UNDER CONTRACT
COMPARABLE SALES
JULY
0
0
AUGUST
0
1
SEPTEMBER
0
0
MULTI-FAMILY
UNDER
CONTRACT
COMPARABLE SALES
JULY
0
0
AUGUST
0
0
SEPTEMBER
1
0
CONDO/TOWNHOUSE
UNDER
CONTRACT
COMPARABLE SALES
JULY
11
11
AUGUST
17
5
SEPTEMBER
18
11
(46)
(27)
ORIGINAL List REDUCED Price
SOLD Price Days on Mkt
JULY
$
598,518.
$
575,336.
$
540,720
165
AUGUST
555,780.
547,960.
521,000.
202
SEPTEMBER
701,527.
644,145.
607,454.
187
3RD QTR
AVERAGE
($
618,608.)
($ 589,147.)
($ 556,391.)
(185)
- Difference
between ORIGINAL List Price and SOLD Price = (10%)
- Difference
between ORIGINAL List Price and REDUCED Price = (5%)
2009 – SEA ISLE CITY,NJ
– 1ST QTR – 2ND QTR – 3RD QTR:
CONDO/TOWNHOUSE:
Average Original Average
Reduced Average
Sold Average Days
List Price
List
Price
Price
on Market
1ST QTR $
748,670.
$
700,060.
$
654,536.
209
2ND
QTR
698,810.
661,931.
626,890.
214
3RD
QTR
618,608.
589,147.
556,391.
185
TOTAL CONDO/TOWNHOUSE UNITS: UNDER CONTRACT
COMPARABLE SALES
1ST QTR
34
28
2ND
QTR
29
49
3RD QTR
46
27
(109)
(104)
TOTAL CONDO/TOWNHOUSE – NEW CONSTRUCTION – SOLD = (23)