Friday, January 18, 2013

How's The Market In Avalon & Stone Harbor?

 
Jump ahead of the Spring Market! Listing your home in the Spring (which has been the traditional selling season) was once considered wise. For Avalon and Stone Harbor Homeowners this is no longer true!  

The 2012 home sales in Avalon and Stone Harbor make a compelling case for sellers who would like to get a jump start!  The most recent 2012 numbers paint a very clear picture, and indicate NOW is the best time to list your property for sale.

December 2012 there were 131 Single family homes sold in Avalon. Average list price was $1,665,696. Average sold price was $1,530,780.

December 2011 there were 107 single family homes Sold in Avalon.  Average list price was $1,719,941. 

Average Sold price was $1,561,836. Average days on market was 277 days.

In 2012 there were 79 Condo/ townhomes Sold in Avalon. Average list price 2012 Condo/ townhouse Avalon was $690,943.

Average Sold price 2012 of Condo/ townhouse in Avalon was $651,518.Average days on market was 264 days.

In 2011 there were 68 Condo/ townhomes Sold in Avalon. Average list price 2011 Condo/ townhouse Avalon was $766,395.
Average Sold price of Condo/townhouse Avalon in 2011 was $715,757.Average days on market=273 days




December 2012 there were 89 Single family homes SOLD in Stone Harbor
Average list price was $1,795,993 . Average sold price was $1,599,106. Average days on market was 351 days. 


December 2011 there were 58 single family homes SOLD in Stone Harbor.  Average list price was $1,964,567.  Average SOLD price was $1,702,840.  Average days on market was 307 days.

In 2012 there were 42 Condo/ townhomes Sold in Stone Harbor Average list price in 2012 for Condo/ town house in Stone Harbor was $627,288 .

Average SOLD  price 2012 of Condo/ townhouse in Stone Harbor was $574,250 .Average days on market was 326 days.
In 2011 there were 19 Condo/ townhomes Sold in Stone Harbor. Average list price 2011 Condo/ townhouse Stone Harbor was $596,305.

Average Sold price of Condo/townhouse Stone Harbor in 2011 was $551,578.

Average days on market was 351 days.

 

2013 Is A Great Time To Buy!


Why delay? Do it now and take advantage of this busy Real Estate Market!
Sellers, Ask Yourself, 'How am I positioned in this busy market? Listen To Your Realtor and Price your property competitively when you first put it on market.

Rates today hover near record lows at 3.37%!  A 1% increase on a 30 year mortgage is equivalent to a 10% increase in price. Today's historically low rates in this rebounding market have fueled urgency for serious Buyers to Buy Now!!

There has truly never been a better time to keep an eye on new fresh listings. Historically low interest rates, Reduced inventories and improving buyer demand are contributing to stability  in home prices. Now is truly an ideal time to be a buyer in today’s market .

Find Us on Facebook! @ https://facebook.com/NancyMAlexanderRealEstateYou can reach me by email me at  Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521 

Friday, December 14, 2012

Avalon and Stone Harbor 2012 Home Sales Show Real Estate Market Strengthening!



Avalon and Stone Harbor 2012 Home Sales Show Real Estate Market Strengthening with Increasing Stability and Improvement  !


The Stone Harbor and Avalon market has much more activity than we have seen in years!
The difference in sales in 2012 as compared to 2011 were truly exceptional in our local Stone Harbor single family market ! Here are the numbers to show how 2 012 sales outperformed 2011 .

In entire year of 2011, there were 58 single family homes SOLD in Stone harbor. Average list price was $1,964,567, and average SOLD price was $1,702,840. Average days on market was 307.

Just to show you..In contrast, this 2012  year, as of today ,there have been 83 single family homes SOLD in Stone Harbor with average list price of $1,816,860, and average SOLD price of $1,594,337. days on market = 199.  Additionally, there are 8  more single family homes NOW Under Contract with an average list price of $1,604,225.

Let's have a look ar Avalon sales and similar outstanding contrast between 2011 and 2012.

In entire year of 2011, there were 107 single family homes SOLD in Avalon with average list price of $1,719,941 and average SOLD price of $1,561,836

From January 1, 2012 To date (December 14) , thhere have been 121 single family homes SOLD in Avalon with average list price of $1,684,283 and average SOLD price of $1,549,832. Average days on market  = 238. Additinally, there are 15 single family homes now under Contract in Avalon with average list price of $1,636,000


With rates at historic lows, there has truly never been a better time to keep an eye on new fresh listings. Reduced inventories and improving buyer demand are contributing to stability and growth in home prices. Now is truly an ideal time to be a buyer in this real estate market!


Find Us on Facebook! @ https://facebook.com/NancyMAlexanderRealEstate

 You can reach me by email me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521


Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Thursday, November 29, 2012

The Avalon and Stone Harbor Market is Bouncing Back !


With the housing inventory shrinking  in Avalon and Stone Harbor and all across the country, it  looks as if we have turned the corner to an official Seller's market !

If you are a seller who has been waiting for the right time to list your property, NOW is the best time in years to find a Buyer.You will find more serious buyers looking  around  the Holidays, so now is an especially good time to be fresh on the market .

Lured by cheap interest rates, many consumers expect to buy a home in the next six months.

The uptick in prices shows supply and demand are in better balance in both new and existing home markets. In addition to  positive local news,  most major U.S. cities saw home-price increases, signaling that a nationwide housing rebound is well on its way.
Check here monthly for a Market update on Avalon and Stone Harbor Real Estate Sales.
http://stoneharboravalon.blogspot.com/




Find Us on Facebook! @https://facebook.com/NancyMAlexanderRealEstate You can reach me by email me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521. I return calls  immediately.






Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Wednesday, November 28, 2012

Stone Harbor Brand New Beach Block Home With Pool For Rent!



If you are looking for a nice weekend getaway, or if you want to book your 2013 vacation in a spectacular beach house, this may be the one you are looking for!

This is the one! Brand new and just 3rd off the beach. This spectacular house has it all! Convenient location,close to tennis courts, Playground and the shops on 96th street.  There is plenty of room for the whole family. The unique floor plan has 3 bedrooms downstairs . Two of the bedrooms have queen size beds. 3rd first floor bedroom has twin beds . There is a beautiful pool side family room with a  queen size sofa bed. On the second floor you have amazing ocean views  from the the great room with living room,dining room and kitchen . This well stocked gourmet kitchen with all high end appliances and granite top island is a cooks delight.   The luxurious master suite with king bed and bath is on the 2nd floor .  Fantastic ocean views from the rear decks and you will love the beautiful pool and cabana!  All beautifully decorated and comfortably furnished. WiFi is provided by the owner as well as linens and towels! The master suite has the Perfect spot to relax on your private deck with incredible ocean views .  This is your Summer House!

Sleeps 10


http://tour.remax-nj.com/tour/Nitro/loadingPage.htm?tourId=1275507 

Find Us on Facebook! @https://facebook.com/NancyMAlexanderRealEstate
 You can reach me by email me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call /text my cell 609.425.7521




Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Saturday, November 24, 2012

Stone Harbor Home with Multiple Offers .Our Offer Accepted! Woo Hoo !


Hope you are enjoying the long holiday weekend. With interest rates at historic lows and great properties  now for sale, now is truly an ideal time to be in the market for a home in Avalon and Stone Harbor N.J. We are seeing multiple offers for the first time in many years! We found out yesterday out of 4 or 5 offers OURS was accepted ! So excited for my Buyers.


A good reminder to us all that the buyer's market may be over...multiple offers are a sign of a strengthening market and pricing stability.


Find Us on Facebook! @https://facebook.com/NancyMAlexanderRealEstate
 You can reach me by email me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521. I return calls  immediately.












Saturday, November 17, 2012




Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Friday, November 16, 2012

Avalon Real Estate Sales Activity November 16, 2012 Market Update.


Great News!

The National Real Estate Market is improving every day indicated by consistent increases in home prices and  in home sales.
Stone Harbor sales volume shows ten straight months of sales increases when compared to the previous year.That’s real growth, and a strong indication of increasing stability and improvement in the local real estate market for 2013 and beyond

 And, more recently, CNN Money reported that Barclays Capital has forecast that home prices could be back to the peak levels of 2007 as soon as 2015. Barclays also predicts new home construction “will grow by at least 20% a year for the next two years.”



 Avalon Real Estate Sales Activity Market Update.


With the housing market close to a full recovery and as mortgage interest rates hover at historic lows, keeping an eye on new listings is very smart! Mortgage qualifying conditions sideline some buyers, but most are able to take advantage of the excellent affordability conditions today. There has Never been a better time to Buy!


Mortgage rates around 3.50 % continue to boost home affordability with the lowest rates on record. These rates are as close to the bottom as you can expect to get, and add to the urgency to buy your Stone Harbor or Avalon beach house NOW while these rates are at the bottom.

Each month, I provide the latest Avalon Real Estate market sales statistics based on data from the Cape May County MLS. These Monthly Market Reports are intended to share sales information to help you can make an informed decision about the Avalon Real Estate Market before you buy or sell a home in Avalon.

If you would like similar statistics for a specific area, property type or price range, please send me an email at Nancy@NancyMAlexander.com and tell me how I can help. I can provide real estate market specifics for nearby communities regions around Avalon and Stone Harbor.


Single Family Homes Now For Sale in Avalon as of November 16, 2012


There are 158 single family homes now for sale in Avalon ranging in price from $549,000 to a Whopping $12,500,000!   Average days on the market = 296.
http://capemay.paragonrels.com/publink/default.aspx?GUID=9320b863-73b4-4bbb-a941-415351802869&Report=Yes

23 Single Family Homes in Avalon are Now Under Contract. These homes range in price from $449,900 to $6,995,000.
http://capemay.paragonrels.com/publink/default.aspx?GUID=5b71017c-6d71-42f4-b67f-1d33f4354cc9&Report=Yes

24 Single Family Homes in Avalon have SOLD and gone to settlement since September 16, 2012 These SOLD homes range in price from $595,000 to  $3,100,000
http://capemay.paragonrels.com/publink/default.aspx?GUID=d1a31b44-b0b1-49db-8dfe-ac0e788aff5a&Report=Yes

Average List Price Of Single Family property:$1,353,166
Average SOLD Price Of Single Family property: $1,229,125
Average Days on Market: 259 days


There are 81 Condo/townhouses currently for sale in Avalon ranging in price from $154,900 to $1,499,000
http://capemay.paragonrels.com/publink/default.aspx?GUID=74c006bb-a7d9-4e39-a811-1877effd468a&Report=Yes

11 Condo/townhouses in Avalon Now Under Contract ranging in price from $289,000 to $995,000
http://capemay.paragonrels.com/publink/default.aspx?GUID=8e4f403b-ca5a-44bd-85bc-9a0a866f8fa5&Report=Yes


10 Condo/townhouses in Avalon closed since September 16, 2012
http://capemay.paragonrels.com/publink/default.aspx?GUID=aa8911c1-9781-45a2-b13b-367c759f248e&Report=Yes

Average List Price Of Avalon Condo : $798,000
Average SOLD Price Of Avalon Condo : $747,790
Average Days on Market 312 days

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. Have a question about a Stone Harbor or Avalon homes or want to talk about selling yours?

 I get it . People don't like to be SOLD. People want to Buy. I  will provide you information on the homes you like. I'm always responsive but never pushy. No Hassle. No Pressure.


Find Us on Facebook! @ https://facebook.com/NancyMAlexanderRealEstate
 You can reach me by email me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521. I return calls  immediately.




Nancy M. Alexander Stone Harbor and Avalon NJ Real Estatehttps://facebook.com/NancyMAlexanderRealEstate