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Keeping Current Matters

Sunday, April 29, 2012

Stone Harbor & Avalon Single Family Sales Statistics 2006 to 2012








Stone Harbor & Avalon Single Family Sales Statistics. Let's Look Back and compare the years 2006 to 2012

How's The Market?
Let's Look Back and Compare Single Family Sales from 2006 to 2012




Stone Harbor- Number of Sales and Average SOLD price for Single Family Homes Last Six Years


2006 -42 homes SOLD average price of $2,265,226

2007 -60 homes SOLD average price of $1,983,686

2008- 44 homes SOLD average price of $2,039,968

2009 -40 homes SOLD average price of $1,621,875

2010 -40 homes SOLD average price of $1,670,650

2011- 58 homes SOLD average price of $1,702,840

2012 January 1 to April 29- 13 homes SOLD average price of $1,526,846



Avalon – Number of Sales and Average SOLD price for Single Family Homes Last Six Years

2006- 100 homes SOLD average price of $2,354,521

2007 -99 homes SOLD average price of $2,095,338

2008 -101 homes SOLD average price of $1,974,314

2009 -85 homes SOLD average price of $1,610,856

2010 - 88 homes SOLD average price of $1,524,648

2011 -107 homes SOLD average price of $1,561,836

2012- January 1 to April 29- 40 homes SOLD average price $1,535,348


Having a look over the pace of real estate sales activity over the last 6 years shows how the market is performing and clearly shows an increase in sales activity. This is a Useful reference point. Numbers don't lie. We are seeing steady sales and some stability. The last few months show an increase in Under Contracts including the top tier luxury market.. (An $8,200,000 beach front home is Now Under Contract.) The market is hot for motivated buyers and sellers .


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? Contact me now to learn what's selling and how your home compares to others in your market.

You can reach me by e~mail me at
Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate!
Call my cell 609.425.7521. I return calls and e-mails within hours, usually in just minutes!



Please Join my Facebook Page:
https://facebook.com/NancyMAlexanderRealEstate


Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate



 

Thursday, April 19, 2012

House Hunters' First Impressions Are As Important As Price

This makes perfect sense! (copied from BR Business Report Real Estate Weekly) ...

House Hunters' First Impressions Are As Important As Price according to survey.

When going through the process of searching for a new home to buy, square footage, layout and price are important, but most Americans are apparently relying just as much—or even more—on intuition and their first impression of prospective homes. That's according to a new study out today, in which 62% of women and 61% of men say they know within the first visit of a home if it's right for them.
Also, 28% of women and 25% of men say they actually put more emphasis on how they feel about a home than they do on other more tangible specifics. "A home is more than square-footage and the number of bedrooms and bathrooms, and this survey shows just how much emotion can play a role in home buying process," says Jessica Edwards, consumer specialist.

"When two people are looking for a home together, there are many considerations to take into account. Of course, price and layout matter, but 'feeling at home' is an important factor." The survey, which entailed phone interviews with 1,000 men and women from across the United States, also sheds some light on the roles men and women are playing at home—and shows some varying generational attitudes toward them.

For example, 54% of women say they take the lead when it comes to decorating a home; however, younger men are playing a larger role in those decisions than did men in their fathers' or grandfathers' generations. While 48% of those younger than 44 say the decorating decisions are made mutually, just 36% of those over 55 say the same. In the kitchen, 68% of women say they are the "primary chef" for the household, while 23% of men say the same.

https://facebook.com/NancyMAlexanderRealEstate

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Monday, April 16, 2012

Stone Harbor Real Estate Sales Activity March 13 to April 16, 2012







Stone Harbor Sales Activity Update April 16, 2012


Each month, I provide the latest Stone Harbor Real Estate market sales statistics based on data from the Cape May County MLS. These Monthly Market Reports are intended to share sales information to help you can make an informed decision about the Stone Harbor Real Estate Market before you buy or sell a home in the Stone Harbor area.


If you would like similar statistics for a specific area, property type or price range, please send me an email
Nancy@NancyMAlexander.com and tell me how I can help. I can provide Real Estate Market specifics for nearby communities regions around Avalon and Stone Harbor.


Spring has Sprung! But this spring is different than those of recent memory.After 6 years of sitting on the sidelines, Buyers are back ! And today's buyers are well informed and have researched all of the market comps.


Sellers today must decide if they want to be IN the market ON the market. A realistic listed price will make the difference.

Smart sellers have finally come to understand when properties are priced competitively, homes will sell quickly in any market ,and those who have priced their homes competitively are getting offers and getting SOLD

Some sellers still insist on pricing their property to the peak of 2006, 2007, & 2008 markets. This is a total waste of time. These owners hoping for a high price of the old days have their listing languishing on the market and remaining unsold. Some have been sitting on market for 2+ years at unrealistic list prices.



Besides being priced competitively, the house needs to be in good condition. The house needs to stand out in value just to make the buyer's short list of properties they would like to see.


Since the first of this year, 45 single family homes have been SOLD in Stone Harbor and Avalon, and another 41 single family homes are now Under Contract as of April 16.

Let's compare to last year. In Entire year of 2011, 58 single family homes were Sold in Stone Harbor
107 single family homes were Sold in Avalon


Since the first of this year, 12 single family homes have been SOLD in Stone Harbor with an average list price of $1,688,324, and average SOLD price of $1,556,590.

37 single family homes have been SOLD in Avalon with and average list price of $1,840,000 and an average SOLD price of $1,545,750

And in Stone Harbor, another 15 single family homes are now Under Contract as of April 16.
In Avalon another 22 single family homes are now under Contract.

Let's compare to 2011. 107 single family homes were Sold in Avalon and 58 single family homes were Sold in Stone Harbor



Single Family Homes Now For Sale in Stone Harbor as of April 16, 2012

There are now 121 single family homes for sale in Stone Harbor as of April 16, 2012


http://capemay.paragonrels.com/publink/default.aspx?GUID=69cab7f6-706f-4667-914a-ad99465c77d4&Report=Yes

Low list price: $ 289,000

High list price: $ 6,950,000

Average list price: $ 2,140,047

Average days on Market: 296



There are now 15 Single Family Stone Harbor Homes Now Under Contract

http://capemay.paragonrels.com/publink/default.aspx?GUID=3b7e8525-e529-452a-802d-46fd32fde72d&Report=Yes



Low list price: $ 819,000
High list price: $ 8,200,000
Average list price: $ 2,541,733

Average days on Market: 484 days

Five single family homes SOLD in Stone Harbor since March 13, 2012.

http://capemay.paragonrels.com/publink/default.aspx?GUID=e141b8ff-2120-41a1-ac93-3d7a83d09be5&Report=Yes



Average List price was $1,244,400

A
verage SOLD price was $1,059,800

Average days on market = 135 days

Stone Harbor Condo/Townhouse now For Sale, Under Contract and SOLD since March 13, 2012

There are now 79 Condo/townhouse properties for sale in Stone Harbor ranging in price from $225,000 to $2,100,000

http://capemay.paragonrels.com/publink/default.aspx?GUID=e516c600-f0f2-4f9a-9789-9a2d27f6b0cc&Report=Yes


Average Days on Market =308

There are now 9 Condo/townhouses in Stone Harbor Now Under Contract

http://capemay.paragonrels.com/publink/default.aspx?GUID=6e5768b0-17a2-4ad4-85bf-2893221b8dcb&Report=Yes

Average list price = $644,766
Average days on market =240

Two Condos in Stone Harbor SOLD since March 13, to April 16. 2012

http://capemay.paragonrels.com/publink/default.aspx?GUID=ac8a4180-fa17-4dbb-88f1-5d8f638dc0a6&Report=Yes



Average list price = $742,000
Average Sold Price =$635,000
Average days on market = 212


STONE HARBOR SEASON BEACH TAGS are available for purchase now!
$21 each through May 31st
Available Mon - Fri 8:30am-4pm at Borough Hall
Sat & Sun 11am-2pm at Beach Tag Office 95th & the Beach
Stone Harbor Beach Tags General Information website


http://www.stone-harbor.nj.us/beach_tag.asp

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
Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate!
Call my cell 609.425.7521. I return calls and e-mails within hours, usually in just minutes!



Please Join my Facebook Page:
https://facebook.com/NancyMAlexanderRealEstate

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Avalon Real Estate Sales Activity April 16, 2012


Avalon Real Estate Sales Activity April 16, 2012


Each month, I provide the latest Avalon Real Estate market sales statistics based on data from the Cape May County MLS. These Monthly Market Reports are intended to share sales information to help you can make an informed decision about the Avalon Real Estate Market before you buy or sell a home in Avalon
If you would like similar statistics for a specific area, property type or price range, please send me an email  at
Nancy@NancyMAlexander.com and tell me how I can help. I can provide real estate market specifics for nearby communities regions around Avalon and Stone Harbor.


Single Family Homes Now For Sale in Avalon as of April 16, 2012



There are 166 single family homes now for sale in Avalon ranging in price from $549,000 to a Whopping $12,500,000!


http://capemay.paragonrels.com/publink/default.aspx?GUID=4cdb73f6-5e98-4d37-9a0c-463aa83ce064&Report=Yes


26 Single Family Homes in Avalon are Now Under Contract

http://capemay.paragonrels.com/publink/default.aspx?GUID=9c1d528a-6725-4def-b0ea-3ca9fb7cf425&Report=Yes


15 Single Family Homes in Avalon have SOLD and gone to settlement since March 13, 2012

http://capemay.paragonrels.com/publink/default.aspx?GUID=535e9187-c825-423c-ae69-c75545a7ad6e&Report=Yes


Average List Price Of Single Family property:$1,580,466
Average SOLD Price Of Single Family property: $1,479,433
Average Days on Market: 164 days


There are 101 Condo/townhouses currently for sale in Avalon

http://capemay.paragonrels.com/publink/default.aspx?GUID=037af62f-8be3-4c39-a3bb-e1e037833af2&Report=Yes



10 Condo/townhouses in Avalon Now Under Contract

http://capemay.paragonrels.com/publink/default.aspx?GUID=bd0b6d0e-2ef6-4ae9-a490-71d63837022a&Report=Yes


9 Condo/townhouses in Avalon closed since March 13, 2012

http://capemay.paragonrels.com/publink/default.aspx?GUID=7165fe02-4a17-4e81-b373-33f33377eb35&Report=Yes



Average List Price Of Avalon Condo : $656,377
Average SOLD Price Of Avalon Condo : $618,888
Average Days on Market: 214 days

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?


Join my Facebook Page:https://facebook.com/NancyMAlexanderRealEstate You can reach me by e~mail me at
Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521. I return calls and e-mails within hours, usually in just minutes!




Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Tuesday, April 10, 2012

STONE HARBOR SEASON BEACH TAGS Now Available



STONE HARBOR SEASON BEACH TAGS are available for purchase now!
$21 each through May 31st
Available Mon - Fri 8:30am-4pm at Borough Hall
Sat & Sun 11am-2pm at Beach Tag Office 95th & the Beach

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate