SEA ISLE CITY SALE MARKET:

Median Sale Price

Due to the relatively small number of units sold, the median sale price showed significant change August 2024. Last August, the median sale price for Sea Isle City Homes was $1,100,000. This August, the median sale price was $1,656,500, an increase of $556,500 compared to last year. The current median sold price is lower than in July.

Days on Market

This August 2024, the average number of days on market was 132, higher than the average last year, which was 96, an increase of 38%.

Months of Supply

In August 2024, there was 5.1 months of supply available in Sea Isle City, compared to 14.8 in August 2023. That is a decrease of 65% 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.

Let the #1 Sales Team in Sea Isle City go to work for you!

?Whatever your situation, we can help you decide if NOW is the right time to Buy or Sell! Contact us to Discuss! -HERE

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!