Sea Shore Team Blog

What's new in the world of Real Estate in Sea Isle City?


Sea Isle City Real Estate Market Update: Major Increase in Sale Activity this week!

Posted on Monday, February 20th, 2023

4914 Landis Ave Sea Isle City, NJ 08243 Direct: 609 263 1431 Office: 609 263 2267
Sea Isle City Market Update:
Sea Isle City January Housing Market Update:
?New Listings & Current Contracts
This January there were 21 homes newly listed for sale in Sea Isle City compared to 15 in January 2022, an increase of 40%. There were 9 current contracts pending sale this January compared to 19 a year ago. The number of current contracts is 53% lower than last January.
Active Inventory
The total number of active inventory in January was 66 compared to 53 in January 2022. This month’s total of 66 is higher than the previous month’s total supply of available inventory of 58, an increase of 14%.
Borrowing costs may see temporary increases in the coming weeks but are expected to stabilize.
Jumbo Rates range from 5.50% to 6.00% depending on terms.
?Click Below!
Looking to find the perfect Vacation Rental? Need help getting your house rented?
Ask for Sandy, Ian or Kyle! 609 263-1431
Ask for Sandy, Ian or Kyle! 609 263-1431
?Sea Shore Team of Long and Foster RANKED #1 with OVER $85 MILLION in
?Settled Sales and Rental Volume for 2022!
A Huge Thank You to Our Clients and Colleagues who helped us reach this Level of Achievement!
We Sincerely Appreciate your Business and Partnership!
Looking for Things to do in
?Sea Isle City?
The SeaShore Team of Long and Foster Real Estate, Inc of Sea Isle City - continues to be Sea Isle City’s Highest Producing Real Estate Team. The Sea Shore Team’s success of Selling and Renting over $85 Million a Year is a result of the Service and Commitment to their Clients. The members of this team are experts in the community, offering valuable insight and understanding to the Buying, Selling and Renting Experience often connecting with their clients beyond the sale who highly recommend them.
Contact us today and let us put our Knowledge and Expertise to Work for You!
Seashore Team of Long & Foster Real Estate
4914 Landis Avenue, Sea Isle City, NJ 08243 | 609.263.1431 | 609.263.2267 |
If your property is currently listed with another broker, please consider this informational and not a solicitation.