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Keeping Current Matters

Friday, March 26, 2010

Avalon Real Estate Sales Update March 4 to March 25 , 2010

Avalon Real Estate  Single Family and Condo/Townhouse Sales Activity


Avalon Real Estate Sales Update March 4 to March 25 , 2010



Avalon Real Estate Sales Update March 4 to March 25 , 2010



Avalon Real Estate Statistics Single Family Homes and Condos Under Contract and SOLD February 15 to March 4, 2010


There are currently 223 single family homes for sale in Avalon



Average list price is $2,487,762 and average days on the market is 305 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 Ten single family homes Now Under Contract in Avalon.



1- 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



2- 7036 Ocean Drive, a 5 bedroom,4 bath home on a 65x100’ lot and listed at $1,249,000 , goes to settlement 5/3/2010



3- 36 west 12th street, a 4 bedroom,3 bath home on a 50x110 lot, listed for $1,469,000 goes to settlement 3/12/2010


4- 247 61st street, a 5 bedroom,4 bath home on a 40x110 lot and listed at $1,500,000,goes to settlement on 5/10/2010



5-121 12th street, a 5 bedroom,4 bath home on a 50x110 lot and listed at $1,750,000,goes to settlement on 7/2/2010



6--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


7-2888 Ocean Drive, a 5 bedroom,4 bath home on a 50x110 lot and listed for $1,995,000 goes to settlement 3/1/2010.



8- 74 E. 25th street, a 5 bedroom,4 bath home on a 50x110 lot and listed for $2,099,000,goes to settlement 5/15/2010.


 9- 50 E.15th street, a 5 bedroom,4 bath home on a 50x110 lot and listed at $2,795,000 , goes to settlement on 3/10/2010


10-4806 Fifth Avenue, a 7 bedroom,4 bath bay front home on a 60x155 lot, which is listed for $3,195,000 .Goes to settlement on 3/31/2010



Five Single Family home SOLD in Avalon since Mar 4,2010

1- 613 Sunrise Drive a 3 bedroom,2 bath home on a 50x130 lot listed at $1,750,000,SOLD 3/15/2010 for $1,200,000

2-238 41st street, a 5 bedroom,4 bath home on a 50x110 lot and listed for $1,599,000,goes to settlement on 3/22/2010


3-109 40th street, a 4 bedroom, 2 bath home on a 50x110 lot, and listed for $1,595,000,goes to settlement on 3/20/2010


4-170 36th street, a 5 bedroom,4 bath home on a 40x110 lot listed at $1,895,000 SOLD 3/10/2010 for $1,825,000


5-321 75th street, a 6 bedroom,4 bath home on a 55x133 lot listed at $2,750,000,SOLD 3/16/2010 for $2,450,000


Avalon Real Estate Condo/Townhouse Sales Activity

March 4 to March 25, 2010

There are now 135 condo/townhouses for sale in Avalon ranging in price from $165,000 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 $ 776,106 and the average days on market is 282 days.


Six condos in Avalon are now Under Contract

1-478 20th street, a 3 bedroom,2 bath unit listed at $550,000,goes to settlement 4/2/2010


2-2248 Avalon Avenue, a 3 bedroom,1 bath unit listed at $669,000 ,goes to settlement 4/30/2010


3-277 27th street, a 4 bedroom,3 bath unit listed at $626,000,goes to settlement on 6/9/2010

4-251 24th street, a 5 bedroom,3 bath unit listed at $759,000,goes to settlement 5/15/2010

5-3434 Dune Drive a 3 bedroom,3 bath unit listed at $875,000,goes to settlement 3/30/2010


6-2069 Harbor Avenue, a 4 bedroom,3.5 bath bay front unit listed at $950,000,goes to settlement 4/12/2010



One Avalon Condo/Townhomes SOLD since 3/4/2010

1--1688 Ocean Drive, a 3 bedroom,2 bath unit listed at $899,000,goes to settlement 3/12/2010



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.

I can be reached by e~mail 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://www.nancymalexander.com/. I'd love to be your Realtor
















Nancy M. Alexander
Stone Harbor and Avalon NJ Real Estate