Sea Isle City Real Estate Market Report: Week in Review!

Posted on Monday, July 31st, 2023

4914 Landis Ave Sea Isle City, NJ 08243 Direct: 609 263 1431 Office: 609 263 2267 Sea Isle City Sale Market Update: Active Inventory Versus last year, the total number of homes available June 2023 is lower by 6 units or 11%. The total number of active inventory this June was 51 compared to 57 in June 2022. This month’s total of 51 is lower than the previous month’s total supply of available inventory of 54, a decrease of 6%. Median Sale Price Due to the relatively small number of units sold, the median sale price showed significant change this month. Last June, the median sale price for Sea Isle City Homes was $1,285,000. This June, the median sale price was $1,725,000, an increase of $440,000 compared to last year. The current median sold price is higher than in May. Whatever your situation, we can help you decide if NOW is the right time to Buy or Sell! Contact us to Discuss! -HERE Sea Isle City June Market Report New  Listings Price Changes Recent Under Contracts Sold & Settled All Under Contracts All Active Listings Search All MLS NEW LISTINGS-SHORE POINTS WE DID IT AGAIN! Sea Shore Team of Long and Foster RANKED #1 in ?Settled Sales Volume for SECOND Quarter 2023! 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 A NEW CONSTRUCTION HOME IN SEA ISLE CITY? WE ARE YOUR RESOURCE FOR EVERYTHING NEW IN SEA ISLE CITY! INSTANTLY VIEW ALL NEWLY CONSTRUCTED HOMES FOR SALE IN SEA ISLE CITY - CLICK HERE SCHEDULE A NEW CONSTRUCTION HOME TOUR TODAY!- HERE The Federal Reserve voted on Wednesday to increase its benchmark short-term rates, Mortgage rates are not directly affected by the Fed’s rate but are also influenced by them. Mortgage Rates range from 5.875% to 6.875% depending on terms. ?Click Below! Current Interest Rates More About This Week’s Rates Looking to find the perfect Vacation Rental? Need help getting your house rented? Ask for Sandy, Ian or Kyle! 609 263-1431 View Available Rentals 2024 Rental Listing Agreement-Printable ATTENTION HOME OWNERS: WE NEED YOUR 2024 RENTAL RATES! TENANTS ARE ALREADY BOOKING! Ask for Sandy, Ian or Kyle! 609 263-1431 2024 Rental Listing Agreement-Printable -HERE! Looking for Things to do in ?Sea Isle City? View Sea Isle City Events Sea Isle City Mayor’s Message 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! Learn About Our Team View Our Team Sale Record Testimonials  ? ? ? 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.