Keeping Current Matters

National Association of Realtors

Monday, February 28, 2011

Avalon Real Estate Sales Update February 7, to February 28, 2011

The Luxury Real Estate Second Home Market has come back to life in Avalon and Stone Harbor.

Even the megadeal is back! On 2/25/2011 a beachfront home in Avalon SOLD for $7,000,000 , and 1/21/2011 another Avalon beach front SOLD for $5,000,000

Wall street bonuses, a rebound in stock prices and more confidence in a stablized economy all contribute to the flurry of sales of Avalon and Stone Harbor vacation homes.
With summer right around the corner and with prices and interest rates way down, and the pent up demand , we see both families and investors buying beach homes..

Avalon Real Estate Sales Update February 7, to February 28, 2011
Single Family Homes Now For Sale in Avalon. There are 185 single family homes now on the market in Avalon.(as of February 28, 2011). These homes range in price from $499,000 to a whopping $14,950,000! The average listed price of a single family home in Avalon is $2,396,108 with average days on market of 317 days.

Avalon has 16 Single Family Homes Under Contract as of February 28,2011

7 single family homes SOLD in Avalon since February 7, 2011. Average sold price $1,985,694 and average days on market = 266

Avalon Has 118 Condo/Townhomes Now For Sale with an average list price of $783,019 and average days on market =244

Avalon has 12 Condos Under Contract as of 2/28//2011

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. Have a question about a Stone Harbor or Avalon homes or want to talk about selling yours?
You can reach me by e~mail me at 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
Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate