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

Posted on Monday, August 28th, 2023

4914 Landis Ave Sea Isle City, NJ 08243 Direct: 609 263 1431 Office: 609 263 2267
Sea Isle City Sale Market Update:
Sea Isle City Active Inventory
Versus last year, the total number of homes available this month is lower by 2 units or 3%. The total number of active inventory July 2023 was 57 compared to 59 in July 2022. This month’s total of 57 is higher than the previous month’s total supply of available inventory of 51, an increase of 12%.
Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last July, the median sale price for Sea Isle City Homes was $1,590,000. July 2023, the median sale price was $1,950,000, an increase of $360,000 compared to last year. The current median sold price is higher than in June.
?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!
The increased mortgage rate is exacerbating housing affordability as home prices are climbing in this limited inventory environment.
Mortgage Rates range from 5.875%% to 6.875% 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
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.