Stone Harbor Home with Multiple Offers .Our Offer Accepted! Woo Hoo !

Hope you are enjoying the long holiday weekend. With interest rates at historic lows and great properties  now for sale, now is truly an ideal time to be in the market for a home in Avalon and Stone Harbor N.J. We are seeing multiple offers for the first time in many years! We found out yesterday out of 4 or 5 offers OURS was accepted ! So excited for my Buyers.


A good reminder to us all that the buyer's market may be over...multiple offers are a sign of a strengthening market and pricing stability.


Find Us on Facebook! @https://facebook.com/NancyMAlexanderRealEstate
 You can reach me by email me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521. I return calls  immediately.

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Avalon Real Estate Sales Activity November 16, 2012 Market Update.

Great News!

The National Real Estate Market is improving every day indicated by consistent increases in home prices and  in home sales.
Stone Harbor sales volume shows ten straight months of sales increases when compared to the previous year.That’s real growth, and a strong indication of increasing stability and improvement in the local real estate market for 2013 and beyond

 And, more recently, CNN Money reported that Barclays Capital has forecast that home prices could be back to the peak levels of 2007 as soon as 2015. Barclays also predicts new home construction “will grow by at least 20% a year for the next two years.”



 Avalon Real Estate Sales Activity Market Update.


With the housing market close to a full recovery and as mortgage interest rates hover at historic lows, keeping an eye on new listings is very smart! Mortgage qualifying conditions sideline some buyers, but most are able to take advantage of the excellent affordability conditions today. There has Never been a better time to Buy!


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 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 November 16, 2012


There are 158 single family homes now for sale in Avalon ranging in price from $549,000 to a Whopping $12,500,000!   Average days on the market = 296.


23 Single Family Homes in Avalon are Now Under Contract. These homes range in price from $449,900 to $6,995,000.


24 Single Family Homes in Avalon have SOLD and gone to settlement since September 16, 2012 These SOLD homes range in price from $595,000 to  $3,100,000

Average List Price Of Single Family property:$1,353,166
Average SOLD Price Of Single Family property: $1,229,125
Average Days on Market: 259 days


There are 81 Condo/townhouses currently for sale in Avalon ranging in price from $154,900 to $1,499,000

11 Condo/townhouses in Avalon Now Under Contract ranging in price from $289,000 to $995,000


10 Condo/townhouses in Avalon closed since September 16, 2012


Average List Price Of Avalon Condo : $798,000
Average SOLD Price Of Avalon Condo : $747,790
Average Days on Market 312 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?

 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.

Find Us on Facebook! @ https://facebook.com/NancyMAlexanderRealEstate
 You can reach me by email me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521. I return calls  immediately.

Stone Harbor Real Estate Market Update November 14 , 2012

Stone Harbor Real Estate Market Update November 14 , 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 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.

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 November 14, 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
To date  November 17, 2012 there have been 71 single family home SOLD with 16 more now Under Contract!

Average List price $1,892,083
Average SOLD Price $1,653,634
Average Days on Market  = 330

 

Single Family Homes Now For Sale in Stone Harbor as of  November 14, 2012

There are now 87 single family homes for sale in Stone Harbor as of November 14, 2012. Inventory is shrinking as just last month there were 107 single family homes for sale   http://capemay.paragonrels.com/publink/default.aspx?GUID=b6f151b3-80d1-4434-a20f-982e9568394a&Report=Yes


Low list price: $ 425,000
High list price: $ 6,950,000
Average list price: $ 2,221,539
Average days on Market: 302



There are now 17 Single Family Stone Harbor Homes Now Under Contract with average list price of  $1,557,964
http://capemay.paragonrels.com/publink/default.aspx?GUID=58e4f852-50b8-4616-8617-59cf2cecc826&Report=Yes



Low list price: $ 449,000
High list price:  $2,499,000
Average list price:  1,157,964
Average days on Market408 days


16 single family homes SOLD in Stone Harbor since September 16, 2012.
http://capemay.paragonrels.com/publink/default.aspx?GUID=5d30860a-cfb1-49da-ad0a-0ff46b9845ac&Report=Yes


Average List price was $1,975,312
Average SOLD price was $1,732,003
Average days on market =  364 days


Stone Harbor Condo/Townhouse now For Sale, Under Contract and SOLD since September 16, 2012

There are now 60 Condo/townhouse properties for sale in Stone Harbor with an average list price of $611,174
http://capemay.paragonrels.com/publink/default.aspx?GUID=55641af0-0017-465d-8b8f-7c6d6acd33e3&Report=Yes

There are now 11 Condo/townhouses in Stone Harbor Now Under Contract. Average Days on Market =222
http://capemay.paragonrels.com/publink/default.aspx?GUID=4c5ab664-0e47-4a86-afe8-cc60ab42f5c8&Report=Yes

6 Condos in Stone Harbor SOLD since September 16 , 2012 with average list price of $629,582and average SOLD price of $568,750. Average days on market = 434 days
http://capemay.paragonrels.com/publink/default.aspx?GUID=c845b3d1-5531-402f-9d78-3536f86b12bb&Report=Yes

Average list price = $629,582
Average Sold Price =$568,750
Average days on market = 434



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