$7,066 Closing Credit*
$595,000
650 SqFt
2 Beds
•1 Full Bath
James Gray Haenn, Listing Office: Berger Realty Inc
Is Sea Isle City, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Sea Isle City was a Seller's Market.
Key Takeaway
Sea Isle City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sea Isle City, NJ
How much do homes in Sea Isle City, NJ cost?
Median Sold Price
$1,212,500
$747/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$607,500(-33.4%)
Key Takeaway
Homes in Sea Isle City have sold for 33.4% less than they did a month ago.
Summary: The median home sold price in Sea Isle City was $1,212,500 in October 2024, down 33.4% from last month, and the median price per square foot was $747.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $799K | $715K | -10.5% |
| 4 Bedrooms | $2.5M | - | N/A |
| 5+ Bedrooms | $1.8M | $1.7M | -6.0% |
Summary: Sea Isle City housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
| Upper Township | $712.4K | $668K | -6.2% |
| Sea Isle City | $1.8M | $1.2M | -33.4% |
Housing Supply in Sea Isle City, NJ
How many homes are available in Sea Isle City, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Sea Isle City real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Sea Isle City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sea Isle City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Sea Isle City in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sea Isle City, NJ
How long does it take to sell a home in Sea Isle City, NJ?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 Days | 84 Days | -23.9% |
Summary: Homes in Sea Isle City had an average of 84 days on market in Oct 2024, down by 23.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sea Isle City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Sea Isle City; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.