Much to our delight, the fourth quarter market activity remained strong in Sea Isle City. 57 units sold throughout what is typically the slowest three months of the year. As of today, there are 26 additional units pending sales. There are a lot of factors that determine the market activity, such as interest rates, inventory and long term gain rates, however we are cautiously optimistic for the upcoming Spring season.
As with the last quarter, most of the activity has been between $500,000 and $800,000. The $1million+ market is still a little slow in Sea Isle, but we are seeing some initial signs that that market may begin to pick up. Hopefully those initial indications prove to be true and the $million market begins to sell again.
For details on the units sold in Sea Isle in the past quarter, please click the link below.
57 Units Sold:
Click Here to View Listings
If you have any questions about your property or if you are considering selling, call your Laricks Real Estate agent today. Our marketing is second to none and that is what you need when selling your property at the beach.
Tuesday, January 19, 2010
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