Laricks Real Estate - Sea Isle City Phone
June 2025 Newsletter
June 01 2025
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1. How's the Market?

Buyer’s Market vs Seller’s Market

I read an article in the Press of Atlantic City stating that the “Sellers outnumber prospective homebuyers” according to an analysis by Redfin. 

I believe that this is true in many markets throughout the US.  In fact, my Compass agents in Florida are telling me the same thing.  They are experiencing low demand, a very high inventory and the market has pivoted to a Buyer’s Market.

The Press of Atlantic City headline couldn’t be any further from the truth in our Sea Isle City market.  This is a perfect example of the value of a local agent who is experienced in a local market!  For example, there are only 24 condo/townhouses and 4 single family houses for sale in Sea Isle City.  That’s only 28 units for sale on the entire island.  While most of the pending sale units have gone under contract in about 30 days, there are three that have gone under contract in less than 10 days on the market!

Unlike other markets in the US, and contrary to the Press of AC article, Sea Isle City is still in a Seller’s Market.  I don’t expect that to change until we see a surge in inventory because the demand from buyers is still very high. 

If you would like to know more about the Sea Isle City market, call me anytime.  I study the market daily and am always happy to have a conversation.  If you would like to know more about other markets in the US, please let me refer you to another Compass Agent who is an expert in that market.

 

2. Book Your Summer Vacation 

Laricks has been booking Vacation rentals since 1946. How can we help you

Vacations at Sea Isle City 

3. Sea Isle City Market Update 

Under Contract Currently 

Sold: Last 30 Days 

4. Check out Sea Isle City's nicest summer rental!!!

7701 Pleasure - offered exclusively by Laricks Real Estate.

August 9th - 16th is still available. Call today if you would like to experience this oceanfront masterpiece.

 

Experience Your Unique Waterfront Retreat

Discover your waterfront retreat at 310 42nd Place, Sea Isle City, NJ!

This two-story new construction is move-in ready and close to "Fish Alley" for easy dining and entertainment access. Enjoy stunning views, a boat slip, and two parking spaces for a true coastal lifestyle. Need more space? Inquire about combining units 2 East and 2 West into a 4-bedroom, 4-bath unit.

 

Downtown Sea Isle City

310 42nd Place, Unit 201E

2 BD 2.1 BA $1,299,000

      

VIEW LISTING 

 

Downtown Sea Isle City

310 42nd Place, Unit 202W

2 BD 2.1 BA $1,199,000

    

 

VIEW LISTING 

VIEW ALL LISTINGS 

Middle Township - Cape May County

19 Seabreeze Lane

4 BD 4.1 BA $1,799,000

VIEW LISTING 

 

Marmora

14 Lyndhurst Road

6 BD 2.5 BA $579,000

VIEW LISTING 

 

5. LOCAL HAPPENINGS 

 

SAVE THE DATE

Peyton's Promise 5K Walk & 2K Run

In 2009 the Laricks Family started the Peyton’s Promise foundation to help babies born with CDH. Join us in supporting the foundation on June 7th for the annual 5K Run / 2K walk.

All net profits benefit the Peyton’s Promise CDH Research Fund at the Children’s Hospital of Philadelphia.

k your calendars and join us for this exciting day! Saturday, June 7th, 2025 John F. Kennedy Blvd on the Promenade, Sea Isle City

Run/Walk: 10:00 AM

PeytonsPromise.com

 

Annual Wine Tasting

When: Saturday, June 7

Time: 6-9PM

Where: Kix

120 63rd Street

Details: 609.263.6341

  • Proceeds benefit the local Catholic Daughters of the Americas, Court Our Lady of Mercy #1655

  • Open to the public, all are welcome (must be age 21 or older).

  • Complimentary appetizers will be served.

  • Tickets - $20 eac

 

Women's Veterans Recognition Day

When: Thursday, June 12

Time: 10-11AM

Where: Veterans Park

JFK Blvd & Landis

Details: 609.263.4461

 

 

Skimmer Festival

When: Saturday, June 14

Time: 9AM-4PM

Where: JFK Blvd. & Promenade

31 JFK Blvd.

Details: 609.263.8687

To become a vendor click here to sign up via RecDesk (NEW THIS YEAR)

To become a food court vendor click here to download an application

 

 

Skimmer Antique Auto Show & Parade

When: Sunday, June 15

Time: 9AM-2PM

Where: On the Promenade, North of JFK

Details: 973.563.0254

 

 

11th Annual Sea Isle City Food Truck

When: Saturday, June 21

Time: 12-8PM

Where: Kix

120 63rd Street

Details: 609.318.4504

www.seaislecityfood.com

 

Movies Under The Stars: Elemental

When: Wednesday, June 25

Time: 8:15-10PM

Where: Excursion Park

2 41st Street

Details: 609.263.8687

*Don’t forget your beach chairs or blankets*

11th Annual Sea Isle City STOMPS Cancer

When: Saturday, June 28

Time: 9-11AM

Where: JFK Blvd. & Promenade

31 JFK Blvd.

Details: 610.724.0886

www.bringinghopehome.org

This family-fun event will raise funds to provide Unexpected Amazingness to local Families with cancer.

  • The virtual event will be open for a week from June 21st-June 28th.

  • You can participate in the virtual event at any location that is convenient and safe for you!

 

Concert Under the Stars: Kick It Out (Heart Tribute)

When: Saturday, June 28

Time: 7:30-9:30 PM

Where: Excursion Park

2 41st Street

Details: 609.263.8687

 

6. Real Estate in the News

Housing Market Forecasts for the Second Half of the Year

From rising home prices to mortgage rate swings, the housing market has left a lot of people wondering what’s next – and whether now is really the right time to move. There is one place you can turn to for answers you want the most. And that’s the experts.

Courtesy of Keeping Current Matters

 

7. Lifestyle Tips and Tricks

17 Realtor-Approved Moving Day Tasks to Keep You Organized

Avoid feeling overwhelmed during your big move—use this realtor-curated checklist to keep track of moving day to-dos.

Courtesy of Better Homes & Gardens

 

Is It a Buyer's or a Seller's Market?

With home prices rising faster than rents, a dearth of supply and other factors, the national market favors sellers, although some local markets buck that trend.

Courtesy of Real Estate US New

 

 

Foolproof Paint Colors That Will Sell Your Home

Find out the best interior and exterior paint colors to sell your home.

Courtesy of HGTV

 

8. To check out who we are, our newsletters, and more fun facts, click on the blog link below.

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