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Keeping Current Matters

National Association of Realtors

Tuesday, December 3, 2013

Stone Harbor NJ Real Estate Update as of May 20, 2013

 
 
Stone Harbor NJ Real Estate Update as of May 20, 2013


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. Keeping your eye on fresh listings in this market is smart.
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 tough markets, there are still buyers, and these buyers 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.

 

Stone Harbor N.J. Real Estate Sales Update as of  May 20, 2013

Single Family Homes Now For Sale in Stone Harbor, N.J. as of  May 20,2013

There are now 86 single family homes for sale in Stone Harbor as of May 20, 2013. Inventory is shrinking as just a few months ago there were 107 single family homes for sale in Stone Harbor.



 Average list price: $ 2,439,197
Average days on Market: 275

There are now 17 Single Family Stone Harbor Homes Now Under Contract with average list price of  $1,904,111



Average list price:  1,904,111
Average days on Market 144 days

82 single family homes SOLD in Stone Harbor since May 20, 2012



Average List price was $1,652,503
Average SOLD price was $1,490,361
Average days on market = 343 days

Stone Harbor Condo/Townhouse now For Sale In Stone Harbor

There are now 61 Condo/townhouse properties for sale in Stone Harbor with an average list price of $635,355 Average Days On Market=294
http://capemay.paragonrels.com/publink/default.aspx?GUID=1d522d01-44e3-4b5c-a8b3-b68afe627c36&Report=Yes


There are now 10 Condo/townhouses in Stone Harbor Now Under Contract. Average  List Price is $617,677 .Average Days on Market =263



34 Condos in Stone Harbor have SOLD  in the last year since May 20,2012


 

 Average List Price  $596,876

Average SOLD Price $548,985

Average days on market = 344 days

With Spring in the air, we see more Buyers looking in Avalon and Stone Harbor looking for their Summer home. Not surprisingly, properties with the best “curb appeal” attract the most attention.

 

If you are thinking of listing your home for sale, your curb appeal should be your first consideration. A buyer will often pass quick judgment on a property based on its drive-up appeal.  Just a tiny investment in time and money to tidy up your home's exterior appearance will help secure a contract much quicker


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


Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate