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Keeping Current Matters

National Association of Realtors

Sunday, January 3, 2010

Avalon Real Estate Update December 21 to January 2 .2010


Avalon Real Estate Activity Single Family Homes and Condos December 21, 2009. To January 2, 2010

There are currently 185 single family homes for sale in Avalon



Average list price is $2,533,361 and average days on the market is 352 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 Thirteen single family homes Now Under Contract in Avalon



1-156 9th street ,a 3 bedroom,1 bath home on a 50x110 lot and listed at $765,000,goes to settlement 1/31/2010



2-274 16th street, a 4 bedroom,2 bath home on a 50x110 lot and listed at $825,000,goes to settlement 1/23/2010.



3- 124 10th street, a 4 bedroom,2 bath home on a 50x110 lot and listed for $1,050,000 and goes to settlement 2/15/2010



4-73 W. 11th street, a 4 bedroom,2 bath home on a 50x110 lot, listed at $1,095,000goes to settlement on 12/29/2009



5-254 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 4/30/2010



6-285 38th street, a 5 bedroom,4 bath home on a 50x110 lot and listed at $1,499,000,goes to settlement 1/11/2010



7-242 6th street, a 5 bedroom,4 bath home on a 50x110 lot went Under Contract in just 7 days and goes to settlement 4/30/2010



8-154 36th street, a 5 bedroom,3 bath home on a 40x110 lot and listed for $1.949,000, goes to settlement 12/29/2009



9-2888 Ocean Drive, a 5 bedroom,4 bath home on a 50x110 lot and listed for $1,995,000


10 6329 Dune Drive, a 6 bedroom,6 bath beach block home listed at $1,999,999,goes to settlement 12/30/2009







11 225 75th street, a 7 bedroom,7 bath home on a 60x110 lot and listed at $2,149,00,goes to settlement 12/30/2009



12-56 E. 26th street, a 5 bedroom,2 bath home on a 65x110 lot and listed at $2,200,000,goes to settlement 2/5/2010





13-184 70th street, a 5 bedroom,5 bath beach block home on a 60x110- lot and listed at $3,995,000,goes to settlement 12/29/2009



Two Single Family Homes have SOLD in Avalon since December 21, 2009


1-3754 Dune Drive, a 5 bedroom, 4 bath home on a 50x110 lot and listed for $1,495,000,SOLD 12/23/2009 for $1,400,000



2-246 16th street, a 5 bedroom,4 bath home on a 50x110 lot listed for $1,550,000 went to settlement 12/19/2009 SOLD for $1,475,000



Avalon Condo/Townhouse Sales Activity December 21, 2009 to January 2,2010.



There are now 115 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  condo list price is $ 792,937, and the average days on market is 323 days.




There are Seven condos in Avalon now Under Contract ranging in price from $635,000 to $1,290,000

1- 277 27th street, a 4 bedroom,3 bath unit listed at $635,000, goes to settlement 2/12/2010



2- 258 58th street ,a 4 bedroom,2 bath unit listed at $649,000 ,goes to settlement 1/29/2010



3- 1708 Ocean Drive, a 3 bedroom,2 bath unit listed at $695,000,goes to settlement 1/15/2010



4- 344 41st street, a 5 bedroom,3 bath unit listed at $795,000



5- -241 E.33RD ST .a 4 bedroom,2.5 bath unit listed at $849,000,goes to settlement 1/30/2010



6- 3546 Ocean Drive, a 4 bedroom,3 bath unit listed at $1,259,000,goes to settlement 1/23/2010



7- 7 Marine Way, a 3 bedroom,3 bath unit listed at $1,290,000,goes to settlement 1/29/2010




One condo has SOLD in Avalon since December 21, 2009.



1100 Ocean Drive, a 3 bedroom,2 bath unit listed at $1,399,000, SOLD 12/23/2009 for $1,300,000



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 http://http://www.nancymalexander.com// . I'd love to be your Realtor



View Stone Harbor Market Video http://realtytimes.com/REUv/NancyAlexander

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 Nancy M. Alexander
Stone Harbor and Avalon NJ Real Estate