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Sea Isle City Real Estate Market Update: Upward Movement!

Posted on Monday, June 01st, 2020


The Sea Shore Team of
Long and Foster Real Estate Market Report:

With coronavirus-related restrictions easing and the economy reopening, real estate activity has been trending in a positive direction. We at The Sea Shore Team, are cautiously optimistic about the future. While transactions have declined since March, they did not drop as much as many industry experts predicted.

Likewise, consumer confidence was expected to decline from April to May, however, it has rose month-over-month and we expect to see continued upward movement going forward, as businesses reopen.

The month of May has been very favorable, with increasing numbers of properties going under contract -HERE and a number of new listings-HERE have come on the market. However, the housing demand continues to outpace the supply, so with the sale property inventory at an extremely low level, we feel home prices, should remain stable, if not increase.


As Always, The Sea Shore Team of Long and Foster,
is here to assist with any of your Real Estate needs, and most importantly,
Stay Healthy and Safe!

Kyle Fasy, Ian Ciseck, Nick Preuhs, Sandy Hennis Franulovic and Susan Hennis Giordano

CLICK ON THE PHOTOS BELOW TO VIEW GUIDED VISUAL TOURS OF OUR
?INCREDIBLE SALE LISTINGS!
Under Contract
119 40th St Unit 3-D
Sea Isle City
Sea Isle City Sale Market Update:
Additional Sale Links:
The Sea Shore Team of Long and Foster
Sea Isle City

Kyle Fasy, Ian Ciseck, Nick Preuhs, Sandy Hennis Franulovic and Susan Hennis Giordano
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Seashore Team of Long & Foster Real Estate
4914 Landis Avenue, Sea Isle City, NJ 08243 | 609.263.1431 | 609.263.2267 | SeaShoreTeam.com
If your property is currently listed with another broker, please consider this informational and not a solicitation.