Inventory is Rising
Last week we looked at how rental income on the island will help support home prices. This week we focus on a factor that pushes the balance in the other direction. Inventory is rising. And it’s early for that. Generally– especially in Sea Isle– we do not see many homes hit the market during summer. People wait for the fall in most cases. This year, sellers seem to be trying to get out in front of that fall listing frenzy. And slowly and steadily, the number of active homes on the market grows.
As always, find everything listed, sold, or put under contract in Sea Isle, Avalon and Stone Harbor, Ocean City, The Wildwoods, and Upper Township including Strathmere last week with the links below.
To discuss anything real estate related or your plans to buy, sell, or rent, call us at 609-478-0333 or email [email protected].
Find every home listed, sold, or put under contract in the following localities with these links here:
Sea Isle- New Listings and Price Changes (8), Sold (3), New Pending (1)
Stone Harbor and Avalon- New Listings and Price Changes (12), Sold (3), New Pending (5)
The Wildwoods- New Listings and Price Changes (22), Sold (11), New Pending (17)
Ocean City- New Listings and Price Changes (19), Sold (15), New Pending (10)
Upper Twp (Includes Strathmere)- New Listings and Price Changes (3), Sold (1), New Pending (1)
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