Stone Harbor N.J. Real Estate Market Update
September 16, 2012
As mortgage interest rates hover at historic lows, keeping an eye new listings is very smart!Mortgage rates around 3.50% continue to boost home affordability with the lowest rates on record. These rates are as close to the bottom as you can expect to get, and add to the urgency to buy your Stone Harbor or Avalon beach house NOW while these rates are at the bottom.
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.
Important to understand you must price you property competitively from the very start and you will see immediate activity, and a contract!
Properties that are priced to sell are considered "in" the market. Properties that aren't are considered simply "on" the market.
Even in the hardest hit markets, there are still buyers, and they are looking for the most competitively priced properties in the best condition.
I help sellers price their homes so that they are "in" the market.
I get it. People don't like to be SOLD. People want to BUY. I will provide you information on the homes you like. I'm always responsive but never pushy.No Hassle. No Pressure!
Stone Harbor N.J. Real Estate Market Sales Update as of September 16, 2012
Let's compare to last year. In the Entire year of 2011 there was a total of 59 single family homes SOLD in Stone Harbor with an average list price of $2,011,455 and an average SOLD price of $1,760,250.
Average days on market in 2011 was 313 days
Since the first of this year, as of today, 9/16/2012, 51 single family homes have been SOLD in Stone Harbor with an average list price of $1,920,292, and average SOLD price of $1,668,450.
26 Stone Harbor single family homes are now Under Contract as of September 16, 2012 with and average list price of $1,546,223
107 Single Family homes were Sold in Avalon in 2011.
As of 9/16/2012, 82 single family homes have been SOLD in Avalon with an average list price of $1,724,559 and an average SOLD price of $1,596,986. Average days on market = 226 .
In Avalon another 29 single family homes are now Under Contract with an average list price of $1,568,137.
Single Family Homes Now For Sale in Stone Harbor as of September 16, 2012
There are now 97 single family homes for sale in Stone Harbor as of September 16, 2012. Inventory is shrinking as just last month there were 107 single family homes for sale
http://capemay.paragonrels.com/publink/default.aspx?GUID=90b27914-c3a9-4d40-8364-cade2cccae0a&Report=Yes
Low list price: $ 425,000
High list price: $ 6,950,000
Average list price: $ 2,255,007
Average days on Market: 328
There are now 26 Single Family Stone Harbor Homes Now Under Contract with average list price of $1,151,714
http://capemay.paragonrels.com/publink/default.aspx?GUID=5f292da3-efcd-4850-92e6-0ae06cc08009&Report=Yes
Low list price: $ 449,000
High list price: $8,062,000
Average list price: 1,151,714
Average days on Market: 310 days
7 single family homes SOLD in Stone Harbor since August 22, 2012.
http://capemay.paragonrels.com/publink/default.aspx?GUID=7094c69c-cea8-4080-abdf-ca14af098c32&Report=Yes
Average List price was $1,151,714
Average SOLD price was $1,055,571
Average days on market = 309 days
Stone Harbor Condo/Townhouse now For Sale, Under Contract and SOLD since August 22, 2012
There are now 73 Condo/townhouse properties for sale in Stone Harbor with an average list price of $614,089
http://capemay.paragonrels.com/publink/default.aspx?GUID=e98077ae-c81f-44ef-88a3-3a6366c9b166&Report=Yes
There are now 7 Condo/townhouses in Stone Harbor Now Under Contract. Average Days on Market =296
http://capemay.paragonrels.com/publink/default.aspx?GUID=d074525c-8928-454a-a499-3538dcc9e1a9&Report=Yes3 Condos in Stone Harbor SOLD since August 22 , 2012 with average list price of $611,333 and average SOLD price of $555,000. Average days on market = 242 days
http://capemay.paragonrels.com/publink/default.aspx?GUID=b4b4dc1f-6fc4-4421-a427-948f84778cf1&Report=Yes
Average list price = $649,128
Average Sold Price =$602,500
Average days on market = 295
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 immediately.
Find us on Facebook .
https://facebook.com/NancyMAlexanderRealEstate
Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate
