Sea Isle City Real Estate Market Snapshot June 21, 2016
Produced with Information from Realtors Property Resource
Designed and built by Ian Lazarus, CRS, CRB
Sea Isle City Market Activity Report – Click Here
We have had a have good Spring selling season. To put it better Sea Isle City’s real estate market is the healthiest in over 13 years. Prices are fluid and are still moving in an upward direction. Inventory is still low for the fact that anyone who wanted to sell have done so and buyers are still out there because interest rates are at three year lows. Sales volume has slowed so Realtors are the only ones feeling the crunch because both enjoying the healthy market. We are still 10 to 15 percent off the 2015 highs. In my humble opinion we will break through those numbers but it will take five to ten years and then slightly higher. I see market conditions good and overall rental prices higher in the coming years with inventory continuing to drop because of owners increased usage.
Thank you and I hope you share it with people who might be interested. Many of you own your properties with spouses or partners so please send me there email addresses and I can send them to them each month as well.
Enjoy your Summer and let me know if I can ever help.