Avalon Sales Update November 1-10

Avalon Sales November 1,2008 to November 10,2008-

One single family home at 237 52nd street listed for $985,000 SOLD 11/5/2008 for $985,000 after only 57 days on market.

Two single family homes went Under Contract so far in November.
1471 Ocean Drive listed at $699,000
594 24th street listed at $1,395,000
Five single family homes were listed ranging in price from $1,195,000 up to $3,449,000 for a home 5th from the beach at 6212 Dune Drive.

To Compare Avalon Sales January 1 to November 10 in 2008 VS 2007-
In 2007 there were 90 single family homes SOLD in Avalon with average list price of $2,343,881 and average SOLD price was $2,159,871
In 2008 there were 92 single family homes SOLD in Avalon with average list price of $2, 238,847 and average SOLD price of $2,029.192
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Stone Harbor November Sales

Sales in Stone Harbor November 1 to November 10, 2008

Six single family homes were listed so far in November ranging in price from $495,000 up to $4,950,000

One single family home at 35 Weber Court SOLD 11/3/2008. This property was listed for $495,000 and SOLD for $447,000 after 395 days on market.

Compare Sales in Stone Harbor January 1 to November 10 2007 VS 2008

In 2007 there were 57 single family homes Sold to date with average list price of $2,151,380, and average SOLD price of $1,988,305

In 2008 to date there have been 41 single family homes SOLD in Stone Harbor with average list price of $2,234,400,and average SOLD price of $2,013,015



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