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Keeping Current Matters

Monday, August 3, 2009

Avalon Real Estate Activity Summary July 14 to August 3 ,2009.


Avalon Real Estate Sales Activity July 14 to August 3, 2009

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Here is Avalon Real Estate Activity Summary July 14 to August 3 2009.

There are currently 225 single family homes for sale in Avalon
Average list price is $1,273,571 and average days on the market is 280 days.
These properties range 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 fifteen single family homes now Under Contract in Avalon
1 – 252 16th street, a 3 bedroom,1 bath home on a 50x110 lot listed for $$825,000,goes to settlement on 8/1/2009

2- 345 7th street, a 5 bedroom,2 bath home on a 50x110 lot,listed at $899,999,goes to settlement on 9/8/2009

3- 258 70th street, a 4 bedroom,2 bath home on a 60x110 lot listed for $1,195,000 goes to settlement on 11/30/2009
4- 568 22nd street, a 4 bedroom,3 bath home on a 40x130 lot listed for $1,675,000 goes to settlement on 12/4/2009

5- 313 42nd street, a 5 bedroom,4 bath home on 50x110 lot listed at $1,795,000 goes to settlement 8/7/2009

6-5649 Ocean Drive, a 4 bedroom, 3 bath home listed for $1,995,000, goes to settlement 9/9/2009

7-55 W. 10th street, a 4 bedroom,3 bath home listed for $1,895,000, goes to settlement 8/3/2009

8-84 W. 29th street, a 5 bedroom,5 bath home on a 50x110 lot listed at $1,995,000 goes to settlement 8/19/2009

9- 2888 Ocean Drive, a 5 bedroom, 4 bath home listed at$1,995,000 goes to settlement 3/1 2012

10- 4721 Fifth Avenue, 4 bedroom,4 bath bay front home on a 60x290 lot listed at $2,295,000,goes to settlement on 8/17/2009

11- 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

12-1918 Avalon Avenue, a 5 bedroom, 5 bath home on a 60x110 lot listed at $2,250,000 goes to settlement on 10/15/2009

13- 7290 Ocean Drive, a 5 bedroom, 5 bath bay front home on a 50x290 lot and listed at $5,995,000 goes to settlement on 8/18/2009

14- 146 Pelican Drive ,a 5 bedroom,5 bath bay front home on a 60x155 lot and listed for $5995,000 goes to settlement 9/1/2009 after 839 days on market.

Four single family homes SOLD in Avalon since July14

1—4251 Ocean Drive, a 4 bedroom,2 bath home on a 50x110 lot and listed at $799,999,SOLD 7/24/2009 for $760,000

2- 1889 First Avenue, a 5 bedroom,3 bath home on a 60x110 lot listed at $1,250,000, SOLD 7/14/2009 for $995,000

3- 15 E. 24th street, a 5 bedroom,2 bath home on a 50x110 lot listed for $1,711,000 SOLD 7/14/2009 for $1,668,000

4- 1852 Ocean Drive, a 4 bedroom,3 bath home on a 60x110 lot and listed at $2,395,000 SOLD 7/31/2009 for $ 2,300,000


Avalon Condo/Townhouse Sales Activity July 14 to August 3, 2009

There are now 136 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 twelve condos in Avalon now Under Contract ranging in price from $550,000 to $999,000

Average list price is $726,666 and average days on the market is 249


Four condos SOLD and settled in Avalon since July 14th

1- 2023 Dune Drive,a new 3 bedroom,3 bath unit listed at $799,000 SOLD 7/26/2009 for $525,000

2-- 281 35th street,a 4 bedroom 2.5 bath unit listed for $724,900,SOLD on 7/24/2009 for $655,000

3- 506 20th street, a 4 bedroom,4 bath unit listed for $792,000,SOLD 7/17/2009 for $740,000
4 -700 Ocean Drive, a 3 bedroom,2.5 bath unit ,listed at $ 899,000,SOLD 7/16/2009 for $885,000

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