The Sea Shore Team of
Long and Foster
Real Estate
Market Report:
Sea Shore Area Property Sales: Despite record-high home prices, Buyers Remain Active in the market, but the lack of homes for sale is constraining activity.
Sea Isle City -April Sale Market Data:
More Sea Isle City April Sale Market Data:
PENDING SALE CONTRACTS IN APRIL:
The number of current/pending contracts was 567% higher than last April.
There were 20 contracts pending sale in April compared to 3 a year ago.
NEW SALE LISTINGS IN APRIL:
In April, 23 properties were newly listed for sale in Sea Isle City compared to 5 in April 2020, an increase of 360%.
SALE PRICE TO LIST PRICE RATIO IN APRIL:
In April, the average sale price in Sea Isle City was 99.8% of the average list price, which is 3.2% higher than at this time last year.
SALE LISTING DAYS ON THE MARKET IN APRIL:
In April, the average number of days on market was 86, lower than the average last year, which was 172. This decrease was impacted by the limited number of sales.
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