Keeping Current Matters

National Association of Realtors

Sunday, February 22, 2009

Stone Harbor Sales Activity for the Weeks of February 8 to February 22, 2009

Stone Harbor Sales Activity for the Weeks of February 8 to February 22, 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 Stone Harbor Real Estate Market Activity.

There are currently 112 homes for sale in Stone Harbor ranging in price from $525,000 for a one bedroom home on Weber Court to $5,990,000 for a beach front home on 97th street.

In the two week period February 8 to February 22,2009, one beach block home at 120 114th street which was listed for $2,900,000 SOLD for $2.400,000 on 2/11/2009 after 125 days on the market.

There are three single family homes currently Under Contract.
356 89th street ,a 3 bedroom,1 bath home listed for $990,000,goes to settlement 2/27/2009.This has been on the market 434 days.

8801 Pennsylvania Avenue, a 5 bedroom,5 bath home with a pool,listed for $2,849,000. which has been on market for 409 days.This goes to settlement March 7,2009

43 Weber Court,a two bedroom,one bath cottage listed for $559,000 went Under Contract same day it hit the market. it goes to settlement 3/31/2009

Stone Harbor NJ Condos – February 8 to February 22nd 2009. Market Recap:

58 Stone Harbor condos currently for sale ranging in price from $299,000 for an efficiency unit on 99th street up to $1,725,000 for a 5 bedroom,3.5 bath townhome with pool at 261 89th street.

Average asking price is $766,591
Average Days on the market - 297 days

One Condo in Stone Harbor is now Under Contract
312 88th street. Asking price $399,000
Days on the market-72 days

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 or Call me! I love to talk Real Estate! Call my cell 609.425.7521

Please visit The Address For Luxury Real Estate at I'd love to be your Realtor.