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Sea Isle City Real Estate Market Update: Busy Week for the Sea Isle Sales Market

Posted on Monday, April 17th, 2023

4914 Landis Ave Sea Isle City, NJ 08243 Direct: 609 263 1431 Office: 609 263 2267
Sea Isle City Market Update:
The Sea Shore Area March Report:
New Listings & Current Contracts
In March there were 26 homes newly listed for sale in Sea Isle City compared to 12 in March 2022, an increase of 117%. There were 17 current contracts pending sale this March compared to 10 a year ago. The number of current contracts remained stable as compared to last March.
Sale Price to List Price Ratio
In March, the average sale price in Sea Isle City was 97.0% of the average list price, which is 0.6% lower than at this time last year.
Mortgage rates fell for the fifth consecutive week, continuing to help improve affordability for budget-conscious home shoppers this spring.
Jumbo Rates range from 5.75% to 6.125% depending on terms.
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?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.
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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 | SeaShoreTeam.com
If your property is currently listed with another broker, please consider this informational and not a solicitation.