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
Average 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!
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Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate
