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Friday, March 13, 2009

Avalon New Jersey Sales February 22 to March 10, 2009

Avalon Sales Activity for the Weeks of February 22 to March 10, 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 a summary of the Avalon Real Estate Market Activity.

There are currently 222 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 ten single family homes now Under Contract in Avalon.


Condo/Townhouse Avalon
There are now 156 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 ten condos in Avalon now Under Contract ranging in price from $315,000 to $719,000.

Six condo units have Sold and Settled.
Three units at 7929 Dune Drive .One Sold for $340,000,and one Sold for $377,296,and one Sold for $417,025.

321 40th street, a 5 bedroom,4 bath unit listed for $775,000 SOLD for $700,000 on 2/27/2009 after 818 days on the market.

323 40th street, a 5 bedroom,4 bath unit listed for $825,000 SOLD for $722,500 on 2/27/2009 after 1000 days on market.
2008 N. Ocean Drive,a 4 bedroom,2.5 bath unit listed for $969,000 SOLD on 3/7/2009 for $890,000 after 153 days on market.


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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

Please visit The Address For Luxury Real Estate at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor