Market update

It’s been some time since my last market update, and although we are just coming out of what is traditionally the slow Holiday season, there has been a lot of activity in our market. Since just before Thanksgiving through today, 36 units have sold and 26 units have been placed under contract. All things considered,
that’s great market activity! I’m excited to see what the late Winter and
Spring market brings. That is traditionally our busy season.

36 Units sold:
http://capemay.paragonrels.com/publink/default.aspx?GUID=0a380c30-0d3a-4c46-b59b-d33470608b45&Report=Yes
26 Under contract:
http://capemay.paragonrels.com/publink/default.aspx?GUID=c8cff6ee-bd06-485a-8a3f-304cb3308382&Report=Yes

This is a fact-based message intended to give you first hand, accurate knowledge about market conditions and property values in Sea Isle City. This is not intended to suggest that all units were sold by Dustin Laricks. All property information has been taken from CMCMLS.

Beachfront just listed

6705 Pleasure North

Video tour: http://www.youtube.com/watch?v=HTmROa7U7mk&list=UUTBdfTNp_N48ExByVJv_yZA&feature=plcp

As soon as you walk through in the door and throughout the unit, you will be surrounded with a rich coastal living feel and only the finest appointments.
Boasting 2 master suites, an elevator and 3 oceanfront decks, this has it all! Enjoy views up and down the beach through a 16 foot glass sliding door that
leads to a large covered deck. This is perfect for entertaining family and friends or to simply escape from it all. If rental income is a priority, this unit has a history of generating $70,000 per summer.

New beachfront listing

JUST LISTED - Beachfront

5208 Marine Place South

From the moment you walk in, you will feel the extra width of this house. The extra space provides a very comfortable layout with 2 master suites as well as extra glass facing the ocean. Although this unit has an impressive rental history, it has been meticulously maintained by the owners and feels like a new construction. From the furniture, to the decor, the attention to detail can be seen throughout. Take the time to walk through this magnificent beachfront, youwill be glad that you did!

Video tour: http://www.youtube.com/watch?v=8EvQY7DQj2Q

Sea Isle market update and more!

Here is what's happening around the island.
29 units were placed under contract and 29 units were sold since my last update on October 6th. Links to more details can be found below. There are currently 327 units for sale in Sea Isle compared to 348 this time last year.

Under contract: http://capemay.paragonrels.com/publink/default.aspx?GUID=0611e932-ad79-46c0-bb30-12a8c96123b1&Report=Yes
Sold: http://capemay.paragonrels.com/publink/default.aspx?GUID=0ae81c96-82c5-4356-9870-5b288da0c00c&Report=Yes

New Listing Activity by Dustin:
387 47th Place West. This bayfront masterpiece is simply the finest on the island. From the location to construction, nothing else is like it. $1,599,000

4700 Park Road. This new construction bayfront offers sunset views, 1 boat slip per unit and is surrounded by some of the finest homes on the island. This neighborhood is one of the best! North REDUCED $1,049,000 / South REDUCED $989,000

204 53rd Street. This townhouse has been completely renovated from A-Z and features a very roomy layout, great views of the meadows and requires no work. Just move in! $725,000

11 50th Street North. This beachfront is absolutely unique and must be seen to appreciate. Pristine condition, privacy from the neighbors and views are just the beginning. $1,029,000

7300 Central 1st Floor. Here is an excellent opportunity to get into the market at an affordable price. This unit is in perfect condition and requires no work at all. $359,000

133 43rd Street. Single-family house with a short walk to the beach and the downtown area. Offering plenty of room for the family, off street parking and much more. $525,000

4705 Central Ave. This townhouse offers a lot of living space for the money. Kept in perfect condition by the owners and located in a great neighborhood, this owe it to take another look at this. REDUCED $639,000

Click here for pictures, videos and more details on these listings. http://www.dustinlaricks.com/listings.asp

Want to see great pictures around the island? Visit my blog www.DustinLaricks.blogspot.com

SEA ISLE NEWS:
Beach-fill work is expected to start in Strathmere within the next two weeks, with beach-fill at the north end of Sea Isle expected to begin around mid-December. After the contractor completes the north end between 1st and 15th Streets, their plan is to relocate the submerged pipeline (that travels from the dredge to the beach) from the north end to a point around 40th Street. Work will then be completed from 40th to 52nd Street. The City is working with the State to award the optional area of beach-fill from 30th to 40th Street, and hopes to receive 75% funding for this.

Phase 2 of Excursion Park, Beach to Bay Corridor - This project involves streetscape improvements to the public corridor along JFK Boulevard from the Promenade to Landis Avenue, and widening of the sidewalks along each side of this corridor by 3 feet. The work has started and will be completed by May of 2012.

After the storm

Here are some pictures of the ocean the after the storm. Beautiful!

7300 Central - First Floor

Here is a great condo that I just listed. No work needed, just move in!

Video tour: http://www.youtube.com/watch?v=D7PfG5BI9Pk

October 29th Nor'Easter

204 53rd Street - West unit

Here is another great listing.

Video tour: http://www.youtube.com/watch?v=fzn7tpThVAE

This special location not only provides quiet tranquility, but it also provides views of the meadows and wetlands. Inside, the unit has been completely renovated from A-Z with a first-class touch. Large families will enjoy the comfort of the large bedrooms, living room and kitchen. Outside you will find plenty of storage in the garage and detached shed. If you are looking for a turnkey house in a great location at a reasonable price, then schedule an appointment to see this in person today.

2 New listings by Dustin Laricks

Here are two new listings by Dustin. One on the beach and one on the bay. Call for more details.


11 50th Street North. Video tour: http://www.youtube.com/watch?v=o2HkIzEbSsY


4700 Park Road. Video tour: http://www.youtube.com/watch?v=f-9NWV94-F4

Sea Isle sunset

Nothing beats Sea Isle sunsets in the Fall!!!

Rainbow over Sea Isle

Waterfront Masterpiece!

Just listed by Dustin!

Video Tour: http://www.youtube.com/watch?v=TjnCmZVJRY0

This masterpiece is a combination of the peninsula location providing panoramic views, Blaine Steinman design creating absolute privacy from the condo partners and McLaughlin Construction ensuring quality craftsmanship. The unique characteristics include 4 bedrooms, each with a water view, a deck and dedicated bathroom. The elevator is well designed into the building allowing access from the ground level in the garage to each of the three floors above. A first floor family room provides easy access to the decks, hot tub, dock and boat. This one-of-a-kind townhouse is unlike anything else on the island andoffers the best waterfront lifestyle without any compromises.

Market update

Here is my latest market update. Since my last market update posted July 19th, 50 units have sold in Sea Isle and an additional 26 have gone under contract. There are currently 316 units currently on the market. That is about average for this time of year.

Links to more details on the sold/under contract units can be found below. If you have any questions, please do not hesitate to give me a call.

50 units sold:
http://capemay.paragonrels.com/publink/default.aspx?GUID=d405a27a-0898-42be-ae25-2440d8af1b5f&Report=Yes

26 units under contract:
http://capemay.paragonrels.com/publink/default.aspx?GUID=de77c77e-b9f8-4e2a-ad37-88429a04b770&Report=Yes

This is a fact-based message intended to give you first hand, accurate knowledge about market conditions and property values in Sea Isle City. This is not intended to suggest that all units were sold by Dustin Laricks. All property information has been taken from CMCMLS.

Hurricane Irene Preparation

8/25/2011 3:15PM
This Statement was just released from the City of Sea Isle City.

Hurricane Irene Alert

The City encourages all of our residents and visitors to continue to monitor the local news and weather forecasts; sign up for our reverse 911 and our e-alerts; and if you are in the City, review government access channel 2. To sign up for reverse 911 and e-alerts, go to the City website www.seaislecitynj.us, click on City News/Reverse 911 and follow the directions.

There has been no decision made yet as to whether or not an evacuation will be ordered. This afternoon, emergency management officials throughout Cape May County will meet to assess the storm track and determine the most appropriate course of action. By Friday morning, we expect to be able to tell people whether or not an evacuation will be ordered, and whether or not access into the City will be restricted. The brunt of the storm is expected to be felt in Cape May County on Sunday, August 28, so decisions to evacuate or restrict access should be made by Friday. The city will issue updates on the storm through reverse 911, e-alert, our website, and on Channel 2 as decisions are made and as the situation progresses.

Regardless of any decision to evacuate or restrict access, all residents and visitors should ensure that their property and belongings are secure – outdoor furniture, flags, trash receptacles, etc.

Sea Isle City summer storm

This summer storm is moving out to sea, leaving a bright sunny beach day!

20 84th Street - 4th house from the beach!

THIS IS THE 4TH HOUSE FROM THE BEACH and has wide open views of the ocean from both of the decks! With no street to cross, you won’t have much to worry about when the kids run back and forth from the beach to the house. From the neighborhood feel, to the bathrooms located a block away on the beach, 84th Street is loved by all the families who live there. This unit can accommodate 5 cars off street and would serve as an excellent second home or rental property.

4 Beds, 3 1/2 baths - $639,000. Call Dustin to schedule a private appointment to tour this unit today.

Another great Sea Isle sunset!

101 degrees at 5:30!!!

101 degrees at 5:30!

Sea Isle Real Estate market update

Market update covering the past 60 days.

Over the past 60 days, 38 units have sold in Sea Isle City and an additional 20 units have been placed under contract. Links to more details can be found below.

The same message holds true as in my last market update. The houses that are getting the most activity are those that are priced right (of course!) and those that are new or in like new condition. Sellers with houses that look and feel older are being forced to drop their prices to generate activity.

Keep this in mind if you are thinking of selling. Better yet, give me a call and we can discuss if you should do any renovations or improvements to your house before putting it on the market.

38 units sold:
http://CapeMay.fnismls.com/publink/default.aspx?GUID=48488882-11d9-41e1-b58d-4f91392f3170&Report=Yes

20 units under contract:
http://CapeMay.fnismls.com/publink/default.aspx?GUID=7b88567f-6d4c-4045-a810-3c22402462b2&Report=Yes

This is a fact-based message intended to give you first hand, accurate knowledge about market conditions and property values in Sea Isle City. This is not intended to suggest that all units were sold by Dustin Laricks. All property information has been taken from CMCMLS.

114 West Jersey Ave

114 West Jersey is far and away one of the nicest houses on the market right now. Offered fully furnished, this is a great vacation house for your family. 4 Bedrooms, ocean views and much more! Check out the virtual tour:

http://www.youtube.com/watch?v=-ey9t9yjAjI

5700 Sounds - Bayfront with Deepwater slip and views!!!

5700 Sounds South, Sea Isle City

4 Bedrooms, 3 Full baths, 2 Half Baths

Now asking $1,225,000

From awe-inspiring sunsets to swimming and boating, the finest lifestyle awaits the most fortunate. Built in 2004 by McLaughlin Construction with the highestquality that you would expect in the best location that the island has to offer. With an expansive bayside deck and an open great room, the owners designedthis house with entertaining family and friends in mind. For the serious boaters, there are two deep water slips that can accommodate up to a 40’ sport fishingboat, family cruiser or sailboat. For the chefs, this house offers a gourmet kitchen with commercial grade appliances and a DCS stainless steel outdoor grill that is connected to the naturalgas lines.The unique floor plan provides privacy to each bedroom that is unlike most layouts. Imagine waking up to the panoramic waterway and meadowviews each morning in your master suite. Even the master bath has views! The second master suite features a private deck on the street side that is a nicegetaway from everyone else. The 60’ wide lot provides large decks and extra off street parking. From construction to location to lifestyle, this is simply thebest of the best.

Beautiful morning at the beach in Sea Isle!

Sea Isle Real Estate market update

Here is a Sea Isle Real Estate market update covering the past month. 14 units have gone under contract and 17 units have sold. That's an average of 1 unit going under contract every other day. The houses that are getting the most activity right now are those that are priced right (no surprise there) and are either new or in "like new" condition.

Most buyers in this market want something in turn key, move-in condition. If you are trying to sell, you may want to keep that in mind. If a house is not in turn key condition, sellers are being forced to reduce the price to generate the demand.

Please click the links below for additional details on the houses that have sold and have been placed under contract.
14 units under contract: http://CapeMay.fnismls.com/publink/default.aspx?GUID=0c2a1ce3-7a9c-45c0-8047-e9a1bf3a559e&Report=Yes

17 units sold: http://CapeMay.fnismls.com/publink/default.aspx?GUID=890edacb-0b56-4701-b820-d55d0bbda76f&Report=Yes

Update to a previous post...

332 44th Place West and 221 54th Street East are now under contract.

Best beachfront value on the island!

Just listed, 6213 Pleasure Ave. 4 bedrooms, 3 baths and panoramic views for $975,000! If you want beachfront living, don't miss this opportunity.



Check out the video tour: http://www.youtube.com/watch?v=AEfggxrBaGY