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Sea Isle City Real Estate Market Update: Week in Review

Posted on Monday, October 02nd, 2023

4914 Landis Ave Sea Isle City, NJ 08243 Direct: 609 263 1431 Office: 609 263 2267

SEA ISLE CITY SALE UPDATE:

New Listings & Current Contracts

In August 2023 there were 17 homes newly listed for sale in Sea Isle City compared to 12 in August 2022, an increase of 42%. There were 16 current contracts pending sale this August compared to 13 a year ago. The number of current contracts is 23% higher than last August.

Sale Price to List Price Ratio

In August, the average sale price in Sea Isle City was 98.7% of the average list price, which is 2.6% higher than at this time last year.

Sea Isle City August Market Report
New Sale Listings
Price Changes
Under Contracts
Sold & Settled
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NEW LISTINGS-SHORE POINTS
WE DID IT AGAIN!
?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!

Pending home sales fell last month as house hunters struggled against rising costs.

Mortgage Rates range from 6.25% to 7.125% depending on terms.

?Click Below!

Current Interest Rates
More About This Week’s Rates
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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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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.