Keeping Current Matters

National Association of Realtors

Wednesday, November 14, 2012

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  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

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

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.

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

There are now 11 Condo/townhouses in Stone Harbor Now Under Contract. Average Days on Market =222

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

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 or Call me! I love to talk Real Estate!
Call my cell 609.425.7521. I return calls immediately.

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Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate