There are currently 123 single family homes currently for sale in Stone Harbor ranging in price from $475,000 for a two bedroom home on Weber Court to $5,990,000 for a beach front home on 97th street.
Average list price is $2,184,885 and average time on market is 292 days.
There are two single family homes currently Under Contract.
356 89th street, a 3 bedroom,1 bath home on a 35x100 lot and listed at $990,000.
222 108th street a 3 bedroom,1 bath home listed at $998,000 .
Two single family homes SOLD in Stone Harbor in last 10 days
8128 Third Avenue,a 2 bedroom,1 bath home on a 40x60 lot and listed at $559,000 SOLD 7/1/2009 for $520,000
8704 Pennsylvania Avenue,a 3 bedroom,2 bath home on a 50x110 lot listed at $1,287,000 SOLD 6/30/2009 for $1,120,000
Stone Harbor NJ Condo Sale Activity June 26 to July 6 2009
There are currently 56 Stone Harbor condos currently for sale ranging in price from $194,500 for an efficiency unit at 10120 Third Avenue up to $1,725,000 for a 5 bedroom, 3.5 bath townhome with pool at 261 89th street.
Average asking price is $683,998
Average Days on the market - 310 days
Three Condos are now Under Contract in Stone Harbor
345 86th street, a 4 bedroom, 2 bath condo with bay views, listed for $899,000, goes to settlement 7/31/2009
8001 Second Avenue, a 2 bedroom,2 bath unit which is listed at $440,000 goes to settlement on 6/30/2009.
260 83rd street , a 4 bedroom, 2 bath unit listed at $729,000 goes to settlement 8/14/2009
The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)
Interest rates continue to be in the 5% range for conforming loans. 6% for loans over $417,000 and just like the "old days", lenders want verification of income to qualify for the loan, and good credit.
If you are interested in purchasing a summer home, take advantage of the current market and send me an e-mail with your wish list. You'll be pleasantly surprised with the options available. There is something here now for everyone.
e~ mail me at Nancy@NancyMAlexander.com, or Call me! I love to talk Real Estate! Call my cell @ 609.425.7521 or Direct Line @ 800.708.5792
Please visit The Address For Luxury Real Estate and see Hundred of Stone Harbor and Avalon Rental & Sale Properties at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor.
Monday, July 6, 2009
Stone Harbor Real Estate Activity Update for June 26 to July 6, 2009.
Avalon Real Estate Activity Update June 26 to July 6, 2009
Investor confidence is evident in Stone Harbor and Avalon . We’ve seen a spike in sales in the last month contributed to a combination of factors including the spring season , historically low interest rates and good inventory of homes priced to sell .
Here is Avalon Real Estate Activity Summary June 26 to July 6 2009.
There are currently 223 single family homes for sale in Avalon ranging in price from $549,000 for a two bedroom home at 667 22nd street to a whopping $16,875,000 for a seven bedroom south Avalon beach front home on 75th street.
There are seventeen single family homes now Under Contract in Avalon
1 – 3750 ocean Drive,a 4 bedroom,2 bath home listed at $790,000,goes to settlement on 7/11/2009
2-4251 Ocean Drive,a 4 bedroom,2 bath home on a 50x110 lot is listed at $799,999 and goes to settlement on 7/24/2009
3-252 16th street , a 3 bedroom,1 bath home listed for $825,000 goes to settlement 8/1/2009
4- 1889 First Avenue , a 5 bedroom,3 bath home listed for $1,250,000,goes to settlement on 7/24/2009
5- 568 22nd street, a 5 bedroom, 5 bath home on a 50x110 lot and listed for $1,695,000 goes to settlement 10/30/2009
6- 15 E. 24th street, a 5 bedroom, 2 bath home listed for $1,711,000,goes to settlement 7/11/2009
7- 110 36th street, a 4 bedroom, 3 bath home listed for $1,849,000 goes to settlement 7/10/2009
8- 6439 Dune Drive, a 4 bedroom, 3 bath home listed for $1,849,000 . This goes to settlement 7/8/2009
9-5649 Ocean Drive, a 4 bedroom, 3 bath home listed for $1,995,000, goes to settlement 9/9/2009
10-55 W. 10th street, a 4 bedroom,3 bath home listed for $1,895,000, goes to settlement 8/3/2009
11-5649 Ocean Drive, a 4 bedroom,3 bath home listed for $1,995,000,goes to settlement 9/9/2009
12- 2888 Ocean Drive, a 5 bedroom, 4 bath home listed at$1,995,000 goes to settlement 3/1 2012
13- 255 67th street, a 5 bedroom, 4.5 bath home on a 60x110 lot, listed for $2,175,000,goes to settlement 7/1/2009
14- 78 W. 12th street, a 5 bedroom,5 bath home on a 50x110 lot and listed for $2,195,000 goes to settlement 9/30/2009
15-1918 Avalon Avenue, a 5 bedroom, 5 bath home on a 60x110 lot listed at $2,250,000 goes to settlement on 10/15/2009
16-1852 Ocean Drive, a 4 bedroom, 3 bath home on a 60x110 lot, listed at $2,395,000, goes to settlement on 7/31/2009
17- 2763 Avalon Avenue, a 6 bedroom, 5 bath home on a 50x110 lot listed at $ 2,395,000, goes to settlement 7/10/2009
18- 74 E 11th Street, a 5 bedroom, 3 bath beach block home listed for $$2,495,000 goes to settlement 7/11/2009
Two single family homes SOLD in Avalon in last two weeks
1-—742 Sunrise Drive, a 3 bedroom,1 bath home on a 46x92’ lot which was listed at #550,000 SOLD for $505,000 on 6/30/2009
2-739 First Avenue, a 4 bedroom,2 bath home on a 50x110 lot listed for $1,250,000,SOLD 6/29/2009 for $1,165,000
Avalon Condo/Townhouse Sales Activity June 26 to July 6, 2009
There are now 144 condo/townhouses for sale in Avalon ranging in price from $169,000 for an efficiency unit at 7900 Dune Drive, up to $2,200,000 for a beach front, 4 bedroom, 3 bath unit at 65 east 28th street.
There are fourteen condos in Avalon now Under Contract ranging in price from $305,000 to $999,000
Average list price is $651,384 and average days on the market is 275
Two condos SOLD and settled during this two week period .
1- 2007 Seventh Avenue,a 3 bedroom 2 bath unit listed at $584,900,SOLD 7/3/2009 for $478,000
2- 2310 Dune Drive,a 3 bedroom,3 bath unit listed at $659,000,SOLD 6/27/2009 for $630,000.
The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)
Buying or Selling a home in Stone Harbor or Avalon, or if you need a Summer Rental, it would be my pleasure to help you with your Real Estate needs.
e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521 or Direct 800.708.5792
Please visit The Address For Luxury Real Estate at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor
Nancy M. Alexander copyright © 2009-All rights reserved
Friday, June 26, 2009
Stone Harbor Real Estate Activity Update for June 5 to June 26, 2009.
Stone Harbor Real Estate Activity Update for June 5 to June 26, 2009.
Stone Harbor Real Estate Activity Update for June 5 to June 26, 2009.
Investor confidence is evident in Stone Harbor and Avalon. We’ve seen a spike in sales in the last month contributed to a combination of factors including the spring season , historically low interest rates and good inventory of homes priced to sell
There are currently 123 single family homes currently for sale in Stone Harbor ranging in price from $475,000 for a two bedroom home on Weber Court to $5,990,000 for a beach front home on 97th street.
Average list price is $2,195,535 and average time on market is 289 days.
There are three single family homes currently Under Contract.
356 89th street, a 3 bedroom,1 bath home on a 35x100 lot and listed at $990,000.
222 108th street listed at $998,000 .
8704 Pennsylvania Avenue, a 3 bedroom, 2 bath Home on a 50x110 lot, listed at $1,287,000, goes to settlement 6/30/2009
Three single family homes SOLD in Stone Harbor in last three weeks
100 108th street, a 5 bedroom,2 bath home third from the beach listed for $1,750,000 SOLD on 6/8/2009 for $1,600,000
8726 Sunset Drive, a 4 bedroom, 2 bath newly renovated home listed for $1,099,000, SOLD 6/8/2009 for $1,090,000
11810 Third Avenue, a 3 bedroom,2 bath home on an 80x100 lot was listed for $1,399,000 and SOLD 6/15/2009 for $1,174,500
Stone Harbor NJ Condo Sale Activity June 5 to June 26 2009
There are currently 59 Stone Harbor condos currently for sale ranging in price from $194,500 for an efficiency unit at 10120 Third Avenue up to $1,725,000 for a 5 bedroom, 3.5 bath townhome with pool at 261 89th street.
Average asking price is $721,870
Average Days on the market - 317 days
Three Condos are now Under Contract in Stone Harbor
345 86th street, a 4 bedroom, 2 bath condo with bay views, listed for $899,000, goes to settlement 7/31/2009
8001 Second Avenue, a 2 bedroom,2 bath unit which is listed at $440,000 goes to settlement on 6/30/2009.
260 83rd street , a 4 bedroom, 2 bath unit listed at $729,000 goes to settlement 8/14/2009
The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)
Interest rates continue to be in the 5% range for conforming loans. 6% for loans over $417,000 and just like the "old days", lenders want verification of income to qualify for the loan, and good credit.
If you are interested in purchasing a summer home, take advantage of the current market and send me an e-mail with your wish list. You'll be pleasantly surprised with the options available. There is something here now for everyone.
e~ mail me at Nancy@NancyMAlexander.com, or Call me! I love to talk Real Estate! Call my cell @ 609.425.7521 or Direct Line @ 800.708.5792
Please visit The Address For Luxury Real Estate and see Hundred of Stone Harbor and Avalon Rental & Sale Properties at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor.
Nancy M. Alexander copyright © 2009-All rights reserved
Avalon Real Estate Activity for June 5 to June 26, 2009
Avalon Real Estate Activity Update June 5 to June 26, 2009
Investor confidence is evident in Stone Harbor and Avalon . We’ve seen a spike in sales in the last month contributed to a combination of factors including the spring season , historically low interest rates and good inventory of homes priced to sell .
Here is Avalon Real Estate Activity Summary June 5 to June 26 2009.
There are currently 232 single family homes for sale in Avalon ranging in price from $549,000 for a two bedroom home at 667 22nd street to a whopping $16,875,000 for a seven bedroom south Avalon beach front home on 75th street.
There are eighteen single family homes now Under Contract in Avalon.
1- 742 Sunrise Drive, a 3 bedroom,1 bath home on 46x92' lot listed for $550,000,goes to settlement 6/30/2009 after only 28 days on the market
2--3750 Ocean Drive, a 4 bedroom,2 bath home listed for $790,000,and goes to settlement July 11,2009.
3- 4251 Ocean Drive, a 4 bedroom,2 bath home listed for $799,999 goes to settlement 7/24/2009
4-252 16th street , a 3 bedroom,1 bath home listed for $825,000 goes to settlement 8/1/2009
5- 1889 First Avenue , a 5 bedroom,3 bath home listed for $1,250,000,goes to settlement on 7/24/2009
6- 739 First Avenue, a 4 bedroom, 2 bath home on a 50x110 lot listed at $1,250,000. This goes to settlement 6/29/2009
7- 568 22nd street, a 5 bedroom, 5 bath home on a 50x110 lot and listed for $1,695,000 goes to settlement 10/30/2009
8- 15 E. 24th street, a 5 bedroom, 2 bath home listed for $1,711,000,goes to settlement 7/11/2009
9- 110 36th street, a 4 bedroom, 3 bath home listed for $1,849,000 goes to settlement 7/10/2009
10- 6439 Dune Drive, a 4 bedroom, 3 bath home listed for $1,849,000 . This goes to settlement 7/8/2009
11-5649 Ocean Drive, a 4 bedroom, 3 bath home listed for $1,995,000, goes to settlement 9/9/2009
12- 2888 Ocean Drive, a 5 bedroom, 4 bath home listed at$1,995,000 goes to settlement 3/1 2012
13- 255 67th street, a 5 bedroom, 4.5 bath home on a 60x110 lot, listed for $2,175,000,goes to settlement 7/1/2009
14- 78 W. 12th street, a 5 bedroom,5 bath home on a 50x110 lot and listed for $2,195,000 goes to settlement 9/30/2009
15-1918 Avalon Avenue, a 5 bedroom, 5 bath home on a 60x110 lot listed at $2,250,000 goes to settlement on 10/15/2009
16-1852 Ocean Drive, a 4 bedroom, 3 bath home on a 60x110 lot, listed at $2,395,000, goes to settlement on 7/31/2009
17- 2763 Avalon Avenue, a 6 bedroom, 5 bath home on a 50x110 lot listed at $ 2,395,000, goes to settlement 7/10/2009
18- 74 E 11th Street, a 5 bedroom, 3 bath beach block home listed for $$2,495,000 goes to settlement 7/11/2009
Two single family homes SOLD in Avalon in last three weeks
223 36th street, a 4 bedroom, 1 bath home on a 50x110 lot was listed for $1,000,000 and SOLD for $780,000 on 6/12/2009
124 22nd street, a 5 bedroom,5 bath home on a 50x110 lot which was listed for $1,695,000 SOLD for $1,670,000 on6/19/2009
Avalon Condo/Townhouse Sales Activity June 5 to June 26, 2009
There are now 142 condo/townhouses for sale in Avalon ranging in price from $169,000 for an efficiency unit at 7900 Dune Drive, up to $2,200,000 for a beach front, 4 bedroom, 3 bath unit at 65 east 28th street.
There are sixteen condos in Avalon now Under Contract ranging in price from $305,000 to $999,000
Average list price is $650,767 and average days on the market is 262.
The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)
Buying or Selling a home in Stone Harbor or Avalon, or if you need a Summer Rental, it would be my pleasure to help you with your Real Estate needs.
e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521 or Direct 800.708.5792
Please visit The Address For Luxury Real Estate at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor
Nancy M. Alexander copyright © 2009-All rights reserved
Friday, June 5, 2009
Stone Harbor Real Estate Activity Update for May 28 to June 5, 2009.
Good news! Buyers are moving back into the market again encouraged by low interest rates and lower prices!
Understanding the general direction of the current market conditions is of vital importance to both buyers and sellers in order to help you make a more informed decision when buying or selling a home in Stone Harbor or Avalon .
There are currently 117 single family homes currently for sale in Stone Harbor ranging in price from $475,000 for a two bedroom home on Weber Court to $5,990,000 for a beach front home on 97th street.
Average list price is $2,234,084 and average time on market is 286 days.
There are seven single family homes currently Under Contract.
8128 Third Avenue,a 2 bedroom,1 bath home on a 40x60 lot listed for $559,000 goes to settlement on 7/1/2009
356 89th street, a 3 bedroom, 1 bath home listed for $990,000, went Under Contract on 10/9/2008 and goes to settlement 3/28/2009.This has been on market 434 days.
222 108th street listed at $998,000 goes to settlement 6/1/2009
100 108th street listed at $1,750,000 goes to settlement 6/8/2009
8726 Sunset Drive listed at $1,099,000 goes to settlement 6/1/2009
11810 Third Avenue, a 3 bedroom,1 bath home on an 80x100 lot listed for $1,399,000 goes to settlement 6/15/2009
8704 Pennsylvania Avenue, a 3 bedroom,2 bath Home on a 50x110 lot, listed at $1,287,000,goes to settlement 6/30/2009
Stone Harbor NJ Condo Sale Activity May 28 to June 5 2009
There are currently 60 Stone Harbor condos currently for sale ranging in price from $194,500 for an efficiency unit at 10120 Third Avenue up to $1,725,000 for a 5 bedroom, 3.5 bath townhome with pool at 261 89th street.
Average asking price is $721,870
Average Days on the market - 317 days
Five Condos are now Under Contract in Stone Harbor
345 86th street, a 4 bedroom,2 bath condo with bay views, listed for $899,000, goes to settlement 7/31/2009
15 99th street, a 3 bedroom,2 bath beach front unit listed for $789,000 goes to settlement 6/5/2009.
420 99th street, a 3 bedroom,1 bath unit which was listed at $445,000 went under Contract after only 33 days on the market. It goes to settlement 5/28/2009.
10120 Third Avenue, an efficiency unit listed at $174,000 goes to settlement 6/5/2009
8001 Second Avenue,Golden Shores unit #216 , a 2 bedroom,2 bath unit listed at $440,000,goes to settlement 6/30/2009
The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)
Interest rates continue to be in the 5% range for conforming loans. 6% for loans over $417,000 and just like the "old days", lenders want verification of income to qualify for the loan, and good credit.
The overall price increase for properties in Stone Harbor and Avalon from 1998 to 2008 was 180.99%! This reflects an appreciation rate of 18.9% according to The Otteau Report .
With historically low mortgage rates and huge inventory and sellers willing to negotiate, buyers are jumping in realizing it does not get better than this.
If you are interested in purchasing a summer home, take advantage of the current market and send me an e-mail with your wish list. You'll be pleasantly surprised with the options available. There is something here now for everyone.
e~ mail me at Nancy@NancyMAlexander.com, or Call me! I love to talk Real Estate! Call my cell @ 609.425.7521 or Direct Line @ 800.708.5792
Please visit The Address For Luxury Real Estate and see Hundred of Stone Harbor and Avalon Rental & Sale Properties at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor.
:
Avalon Real Estate Activity for May 28 to June 5, 2009
Understanding the general direction of the current market conditions is of vital importance to both buyers and sellers in order to help you make a more informed decision when buying or selling a home in Stone Harbor or Avalon.
Here is Avalon Real Estate Activity Summary May 28 to June 5 2009.
There are currently 224 single family homes for sale in Avalon ranging in price from $549,000 for a two bedroom home at 667 22nd street to a whopping $16,875,000 for a seven bedroom south Avalon beach front home on 75th street.
Good news! We are seeing activity again with Buyers encouraged by low interest rates and lower prices.
There are fourteen single family homes now Under Contract in Avalon.
1- 742 Sunrise Drive, a 3 bedroom,1 bath home on 46x92’ lot listed for $550,000,goes to settlement 6/30/2009 after only 28 days on the market
2--3750 Ocean Drive, a 4 bedroom,2 bath home listed for $790,000,and goes to settlement July 11,2009.
3- 739 First Avenue, a 4 bedroom,2 bath home on a 50x110 lot listed at $1,250,000. This goes to settlement 6/29/2009
4- 6439 Dune Drive, a 4 bedroom,3 bath home listed for $1,849,000 . This goes to settlement 7/8/2009
5-4251 Ocean Drive, a 4 bedroom,2 bath home on a 50x110 lot listed for $799,999. This goes to settlement 7/24/2009.
6- 2763 Avalon Avenue, a 6 bedroom,5 bath home on a 50x110 lot listed at $ 2,395,000, goes to settlement 7/10/2009
7- 223 36th street a 4 bedroom, one bath home listed at 41,000,000,goes to settlement 6/12/2009.
8-- 255 67th street, a 5 bedroom,4.5 bath home on a 60x110 lot, listed for $2,175,000,goes to settlement 7/1/2009
9- 568 22nd street, a 5 bedroom,5 bath home on a 50x110 lot and listed for $1,695,000 goes to settlement 10/30/2009
10- 78 W. 12th street, a 5 bedroom,5 bath home on a 50x110 lot and listed for $2,195,000 goes to settlement 9/30/2009
11-- 124 22nd street, a 5 bedroom,5 bath home listed for $1,695,000.
12- 78 W. 12th street,1 5 bedroom,5 bath home on an oversize lot, listed for $2,195,000.Goes to settlement 9/30/2009
13-1918 Avalon Avenue, a 5 bedroom,5 bath home on a 60x110 lot listed at $2,250,000 goes to settlement on 10/15/2009
14-1852 Ocean Drive, a 4 bedroom,3 bath home on a 60x110 lot, listed at $2,395,000, goes to settlement on 7/31/2009
One Single Family Home SOLD in Avalon May 19 to May 28
-7464 Sunset Drive, a 3 bedroom bay front on a 75x120 lot, and listed for $2,650,000 SOLD 5/30/2009 for 42,350,000 after only 134 days on market.
-
Avalon Condo/Townhouse Sales Activity May 28 to June 5,2009
There are now 148 condo/townhouses for sale in Avalon ranging in price from $169,000 for an efficiency unit at 7900 Dune Drive, up to $2,200,000 for a beach front,4 bedroom,3 bath unit at 65 east 28th street
Average days on the market is 289 days.
There are ten condos in Avalon now Under Contract ranging in price from $305,000 to $899,000
Average list price is $565,388 and average days on market is 96.
Two Condo/townhomes were SOLD in Avalon
7800 Dune Drive, a one bedroom unit listed for $275,000, SOLD for $252,500 on 5/29/2009
283 26th street, a 3 bedroom 2.5 bath unit listed at $649,000,SOLD 5/29/2009 for $595,000 after 139 days on market
The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)
Buying or Selling a home in Stone Harbor or Avalon, or if you need a Summer Rental, it would be my pleasure to help you with your Real Estate needs.
e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521 or Direct 800.708.5792
Please visit The Address For Luxury Real Estate at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor
Monday, June 1, 2009
Real Estate Outlook: Recovery Underway
The pattern gets clearer week after week: We are looking at a slow-motion housing recovery that is itself feeding into a broader economic recovery that should have us out of recession later this year.
Now that's not to ignore the fact that there are markets in the country that still face very challenging economic dynamics - with no real turnaround in view yet on housing sales, prices and unemployment.
But the national numbers are telling us something important, and they increasingly look positive.
Take the last new home construction starts and permits reports. Your local paper or the network news may have said housing starts dropped again, but that was misleading.
The facts are that the Commerce Department found that apartment starts - new multifamily units - took a drop in April, but starts of new single family homes were up by 3 percent, and permits for future construction of detached single family homes jumped by nearly 4 percent.
That's the second straight month of increases . Home builders themselves are seeing a turnaround - more shoppers in their models and showrooms, more contracts, fewer cancellations.
The latest survey of builder confidence - released last week by Wells Fargo and the National Asociation of Home Builders - found sentiment up again for the second straight month. So this is for real.
Consumer confidence in the economic outlook also continues to get better and better. The latest University of Michigan consumer sentiment poll took a three point jump overall…and a 6 percent jump in terms of consumers' expectations for economic improvements ahead.
There are other, less widely publicized signs that we've digging out of the recession as well. For example, economists at Northwestern University say the fact that new weekly claims for unemployment insurance peaked last month - and have been dropping ever since - is a sign that the national economy is past the worst.
Treasury Secretary Timothy Geithner told a congressional panel about other, more technical indicators of growth ahead -- such as narrowing spreads on corporate and municipal bonds, smaller risk premiums on short-term inter-bank loans and decreased credit protection costs at the largest U.S. banks.
Finally, consumer interest rates continue to be about as stimulative for economic expansion as they possibly could: Mortgage rates dropped last week by a tenth of a percent -- 30-year fixed rate mortgages are at 4,7 percent with an average one point, and 15-year rates are at 4.4 percent.
Remember back to how you felt last September and October when the global financial system was falling apart? Now think about how you feel about the economy today.
It's a refreshing comparison.
Written by Ken Harney
For More Articles From My June Newsletter click here
http://realtytimes.com/127/NancyAlexander
If you are interested in purchasing a summer home, take advantage of the current market and send me an e-mail with your wish list. You'll be pleasantly surprised with the options available. There is something here now for everyone.
e~ mail me at Nancy@NancyMAlexander.com, or Call me! I love to talk Real Estate! Call my cell @ 609.425.7521 or Direct Line @ 800.708.5792
Please visit The Address For Luxury Real Estate and see Hundred of Stone Harbor and Avalon Rental & Sale Properties at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor.
