The Sea Shore Team of
Long and Foster
Real Estate
Market Report:
Sea Shore Area Property Sales: More people are on the hunt for a vacation home. Second-home purchases increased 46% nationwide compared to a year ago.
Sea Isle City -March Sale Market Data:
More Sea Isle City March Sale Market Data:
PENDING SALE CONTRACTS IN MARCH:
The number of current/pending contracts was 28% higher than last March.
There were 32 contracts pending sale in March compared to 25 a year ago.
NEW SALE LISTINGS IN MARCH:
In March, 37 properties were newly listed for sale in Sea Isle City compared to 17 in March 2020, an increase of 118%.
SALE PRICE TO LIST PRICE RATIO IN MARCH:
In March, the average sale price in Sea Isle City was 97.8% of the average list price, which is 2.0% higher than at this time last year.
SALE LISTING DAYS ON THE MARKET IN MARCH:
In March, the average number of days on market was 123, lower than the average last year, which was 148, a decrease of 17%.
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