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Keeping Current Matters

Thursday, October 15, 2009

Avalon Real Estate Sales October 5 to October 15, 2009.



Avalon Real Estate Sales October 5 to October 15, 2009.




Avalon Real Estate Activity Summary October 5 to October 15, 2009.

There are currently 219 single family homes for sale in Avalon
Average list price is $1,250,380 and average days on the market is 281 days.

These properties range in price from $499,000 for a two bedroom home at 138 29th street to a whopping $16,875,000 for a seven bedroom south Avalon beach front home on 75th street on a 120x110 lot.


There are twenty one single family homes now Under Contract in Avalon
1-264 14th street, a 3 bedroom,2 bath home on a 50x110 lot and listed for $769,000,went Under Contract in only 3 days. It goes to settlement 11/2/2009
2-161 30th street, a 3 bedroom,2 bath home on a 50x110 lot listed for $950,000,goes to settlement 10/19/2009
3-294 6th street, a 4 bedroom,3 bath home on a 60x110 lot, listed for $995,000,Under Contract after only 49 days on market and goes to settlement 10/30/2009

4-254 6th street, a 3 bedroom,1 bath home on a 50x110 lot listed for $1,095,000 is Under Contract after just 7 days on the market, and goes to settlement 10/31/2009

5-262 77th street, a 4 bedroom,2 bath home on a 60x110 lot listed at $1,150,000,goes to settlement 10/31/2009

6-744 21st street, a 6 bedroom,4 bath bay front home on a 40x130 lot listed at $1,250,000 goes to settlement 9/30/2009

7-479 24th street, a 6 bedroom,4 bath home on a 40x130 bay front lot listed at $1,250,000 is Under Contract after 22 days on the market and goes to settlement 10/31/2009

8-388 22nd street, a 4 bedroom,2 bath home on a 40x130 lot listed for $1,395,000 goes to settlement 11/30/2009

9-3764 Dune Drive, a 5 bedroom,4 bath home on a 50x110 lot and listed at $1,495,000 goes to settlement 12/23/2009

10-151 20th street, a 5 bedroom,5 bath home on a 50x110 lot listed at $1,499,000 goes to settlement 10/16/2009

11-159 20th street, a 5 bedroom,5 bath home on a 50x110 lot listed at $1,595,000 goes to settlement 9/19/2009 after listed just 12 days on the market

12-242 6th street, a 5 bedroom,4 bath home on a 50x110 lot went Under Contract in just 7 days and goes to settlement 10/31/2009

13-2888 Ocean Drive, a 5 bedroom,4 bath home on a 50x110 lot and listed for $1,995,000, goes to settlement 3/1/2012
14-1998 Ocean Drive, a 5 bedroom,4 bath home on a 40x110 lot listed at $$2,090,000,goes to settlement 11/6/2009.
15-1998 Ocean Drive, a 5 bedroom,4 bath home on a 40x110 lot and listed for $2,090,000,goes to settlement 11/6/2009.
16- 4340 Fourth Avenue, a 4 bedroom,2 bath bay front home on a 60x250 lot listed for $2,299,000 goes to settlement 11/25/2009.

17 -257 70th street, a 6 bedroom, 6 bath home on a 60x110 lot ,listed for $2,395,000,goes to settlement on 10/15/2009

18-150 38th street, a 5 bedroom, 4 bath home on a 70x110 lot and listed at $2,595,000 is Under Contract after just 54 days on market. It goes to settlement 11/20/2009


19-56 E. 18th street, a 5 bedroom,3 bath home on a 50x110 lot and listed at $2,695,000,goes to settlement on 10/9/2009

20-315 74th street, a 4 bedroom,3 bath home on a 90x201 bay front lot and listed for $4.295,000,is Under Contact after just 38 days on market and goes to settlement 11/23/2009

21-316 60th street, a 4 bedroom,3 bath, bay front home on a 90x156 lot listed for $4,295,000 goes to settlement on 11/23/2009

Two single family homes SOLD in Avalon since October 5, 2009
1-1918 Avalon Avenue, a 5 bedroom, 5 bath home on a 60x110 lot listed at $2,250,000 SOLD on 10/15/2009 for $2,070,000
2-8-103 34th street, a 4 bedroom,3 bath home on a 50x110 lot listed at $1,495,000,SOLD 10/9/2009 for $1,275,000

Avalon Condo/Townhouse Sales Activity October 5 to October 15, 2009

There are now 123 condo/townhouses for sale in Avalon ranging in price from $169,000 for an efficiency unit at 7900 Dune Drive, up to $2,095,000 for a 4 bedroom, 3 bath unit at 65 E. 28th street

Average list price is $ 788,502, and the average days on market is 309 days.


There are eleven condos in Avalon now Under Contract ranging in price from $549,000 to $985,000


Two condos SOLD and settled in Avalon since October 5,2009

1 – 2176 Dune Drive, a 3 bedroom,3.5 bath unit listed for $650,000 SOLD 10/09/20/09 for $620,000

2- 1688 Ocean Drive, a 3 bedroom,2 bath unit listed for $695,000,SOLD 10/9/2009 for $625,000

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
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