SEA ISLE CITY HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in April, with 14 sold this month in Sea Isle City Real Estate. This month's total units sold was lower than at this time last year, a decrease from April 2024.

Versus last year, the total number of homes available this month is lower by 10 units or 16%. The total number of active inventory this April was 52 compared to 62 in April 2024. This month's total of 52 is lower than the previous month's total supply of available inventory of 54, a decrease of 4%.

Last April, the median sale price for Sea Isle City Homes was $1,775,000. This April, the median sale price was $1,649,500, a decrease of 7% or $125,500 compared to last year. The current median sold price is 23% higher than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In April, there was 3.7 months of supply available in Sea Isle City, compared to 3.1 in April 2024. That is an increase of 20% 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.

This month there were 13 homes newly listed for sale in Sea Isle City compared to 12 in April 2024, an increase of 8%. There were 13 current contracts pending sale this April compared to 16 a year ago. The number of current contracts is 19% lower than last April.

In April, the average sale price in Sea Isle City was 97.2% of the average list price, which is 0.8% higher than at this time last year.

This month, the average number of days on market was 120, lower than the average last year, which was 164, a decrease of 27%.





FOCUS ON: SEA ISLE CITY HOUSING MARKET			APRIL 2025

Zip Code(s): 08243
Units Sold 14	Active Inventory 52	Median Sale Price $1,649,500	Days On Market 120

Down Vs. Year Ago	Down -16% Vs. Year Ago	Down -7% Vs. Year Ago	Down -27% Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in April, with 14 sold this month in Sea Isle City Real Estate. This month's total units sold was lower than at this time last year, a decrease from April 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 10 units or 16%. The total number of active inventory this April was 52 compared to 62 in April 2024. This month's total of 52 is lower than the previous month's total supply of available inventory of 54, a decrease of 4%.
		Median Sale Price Last April, the median sale price for Sea Isle City Homes was $1,775,000. This April, the median sale price was $1,649,500, a decrease of 7% or $125,500 compared to last year. The current median sold price is 23% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 13	Current Contracts 13	Sold Vs. List Price 97.2%	Months of Supply 3.7

Up 8% Vs. Year Ago	Down -19% Vs. Year Ago	Up 0.9% Vs. Year Ago	Up 20% Vs. Year Ago


		Months of Supply In April, there was 3.7 months of supply available in Sea Isle City, compared to 3.1 in April 2024. That is an increase of 20% 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.
New Listings & Current Contracts This month there were 13 homes newly listed for sale in Sea Isle City compared to 12 in April 2024, an increase of 8%. There were 13 current contracts pending sale this April compared to 16 a year ago. The number of current contracts is 19% lower than last April.
		Sale Price to List Price Ratio In April, the average sale price in Sea Isle City was 97.2% of the average list price, which is 0.8% higher than at this time last year. Days on Market This month, the average number of days on market was 120, lower than the average last year, which was 164, a decrease of 27%.


	Sea Isle City are defined as properties listed in zip code/s 08243.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by CMCAOR and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of CMCAOR or Long & Foster Real Estate, Inc.