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For ALL Sea Isle City, NJ SOLD properties - From 02/01/2010 to 08/31/2010:
Average # of Units Sold Per Month: 16
Average Asking Price: $791,237
Median Asking Price: $699,000
Average Selling Price: $672,179
Median Selling Price: $615,000

Average Days on Market 02/01/2010 to 08/31/2010: 187 (6 . 2 months)

Currently there are 308 properties for sale in Sea Isle City, NJ.

Pricing your property is key to getting it sold. The first offer is usually the best offer you will get.

Want new sale listings emailed to you daily? Email Paul to get on his no hassle Express Email of Sale Property.

All Sea Isle City properties that were newly listed "FOR SALE" in the following months:

	Jan.	Feb.	March	April	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Total:
2010 - Listed For Sale	58	36	69	60	37	41	43	40	**	**	**	**	384
2009 - Listed For Sale	62	47	54	45	26	32	36	44	50	48	33	23	500
2008 - Listed For Sale	55	44	41	40	36	35	34	39	81	51	34	30	520

Sea Isle City, NJ is primarily a townhouse town. The townhouses generally are 4 to 5 bedrooms with 2 to 3 . 5 bathrooms and are about 1,950 square feet.

	Townhouse Average Asking Price 06-1-2010 to 08-31-2010:	Townhouse Average Sold Price 06-1-2010 to 08-31-2010:
Beach Front:	(7 properties) $1,775,271	(1 properties) $845,000
Beach Block:	(15 properties) $944,166	(5 properties) $658,000
Middle of Island:	(39 properties) $697,677	(4 properties) $620,000
Bay Front:	(8 properties) $962,737	(8 properties) $1,100,000
Total:	69 properties	11 properties

Email Paul for more precise statistics that may fit your situation.

All Sea Isle City sale property activity that went "Under Contract" or "Sold" in the following months:

	Jan.	Feb.	March	April	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Total:
2010 - Under Contract & Sold	18	12	15	21	38	16	6	9	**	**	**	**	135
2009 - Under Contract & Sold	7	22	17	17	24	10	12	16	17	24	11	13	190
2008 - Under Contract & Sold	22	23	26	18	15	9	13	10	14	13	8	10	181
2007 - Under Contract & Sold	27	31	34	27	15	16	15	8	19	21	19	7	239
2006 - Under Contract & Sold	15	8	16	16	14	13	11	10	18	9	12	16	158

Although there are no steadfast rules to determine future pricing, months' supply of inventory (total inventory divided by the number of houses sold per month) is a great guideline. A normalized or balanced market has five to six months of inventory. For example, if 100 houses sell a month, there should be 500 to 600 houses in active inventory. Based on this principle, if you have one to two months of inventory, double-digit appreciation is likely to occur. Lack of supply will cause potential buyers to clamor over the few homes that are for sale, which in turn drives prices higher. On the other end of the spectrum, with seven to eight months or more of inventory, there simply are not enough buyers to support the number of homes for sale, single or double-digit depreciation is likely to occur. Current economic conditions will also have an effect on the direction of pricing, as pricing is directly connected to average income. You may wonder how Sea Isle City fares out. In this economy, Sea Isle City seems to have TWO types of properties selling well... 1st: New Construction and 2nd: well maintained, well furnished, good location, well priced & up to date "TURN KEY" properties.

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The owner of SeaisleRealEstateAgent.com is a licensed New Jersey Realtor who works at Sea Isle Realty.