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Sea Isle City Real Estate Market Update: Week in Review

Posted on Monday, July 01st, 2024

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

SEA ISLE CITY SALE MARKET:

Months of Supply

In May 2024, there was 3.0 months of supply available in Sea Isle City, compared to 2.2 in May 2023. That is an increase of 34% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

Days on Market

May 2024, the average number of days on market was 159, higher than the average last year, which was 123, an increase of 29%.

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Sea Isle City May Market Report

All Pending Properties

All Active Sale Listings

Thinking of Selling? Find out your homes value in today’s Market

NEW LISTINGS-ALL SHORE POINTS

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?When rates come down, more buyers will inevitably join the home-buying market, which could result in bidding wars. Trying to time a market based only on interest rates may not yield fruitful results.

Mortgage Rates range from 6.625% 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

ATTENTION HOME OWNERS: WE NEED YOUR 2024 RENTAL RATES!

TENANTS ARE ALREADY BOOKING!

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Application for a Mercantile License for Rental Unit

2024 Rental Listing Agreement-HERE!

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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.