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Sea Isle City Real Estate Weekly Market Update: Great Week for the Sales Market in Sea Isle

Posted on Monday, October 23rd, 2023

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

SEA ISLE CITY SALE UPDATE:

Active Inventory

Versus last year, the total number of homes available in September 2023 is higher by 3 units or 5%. The total number of active inventory this September was 63 compared to 60 in September 2022. This month’s total of 63 is higher than the previous month’s total supply of available inventory of 56, an increase of 13%.

Median Sale Price

Due to the relatively small number of units sold, the median sale price showed significant change this month. Last September, the median sale price for Sea Isle City Homes was $1,612,500. This September, the median sale price was $1,500,000, a decrease of $112,500 compared to last year.

Sea Isle City September Market Report
New Sale Listings
Price Changes
Under Contracts
Sold & Settled
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NEW LISTINGS-SHORE POINTS

WE DID IT AGAIN!

Sea Shore Team of Long and Foster RANKED Top 2 in

?Settled Sales Volume for THIRD 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!

Since the first week in September, home buyers have faced weekly increases in mortgage interest rates.

Mortgage Rates range from 6.50% to 7.50% 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.