Understanding the general direction of the current market conditions is of vital importance to both buyers and sellers in order to help you make a more informed decision when buying or selling a home in Stone Harbor or Avalon. Here is a summary of the Stone Harbor Real Estate Market Activity.
There are currently 116 homes currently for sale in Stone Harbor ranging in price from $475,000 for a two bedroom home on Weber Court to $5,990,000 for a beach front home on 97th street.
In the three week period February 22 to March 10,2009 one home SOLD and went to settlement
8801 Pennsylvania Avenue, a 5 bedroom,5 bath home with a pool, listed for $2,849,000. which has been on market for 433 days,went. to settlement March 7,2009 and SOLD for $2,575,000
There are three single family homes currently Under Contract.
356 89th street,a 3 bedroom, 1 bath home listed for $990,000,went Under Contract on 10/9/2008 and goes to settlement 3/28/2009.This has been on market 434 days.
165 93rd street,a 3 bedroom,2 bath home on a 50x110 lot , listed for $1,395,000 went Under Contract on 3/1/2009 goes to settlement 4/20/2009. This has been on market 206 days.
8626 First Avenue,a 5 bedroom,3 bath Victorian home on a 110x110' beach block lot with pool is listed for $5,195,000 went Under Contract 2/27 and goes to settlement 5/15/2009. This has been on the market 281 days.
43 Weber Court,a two bedroom,one bath cottage listed for $559,000 went Under Contract same day it hit the market. it goes to settlement 3/31/2009
Stone Harbor NJ Condos – February 22 to March 10th 2009. Market Recap:
There are currently 61 Stone Harbor condos currently for sale ranging in price from $229,900 for a 1 bedroom,1 bath unit at 8305 Third Avenue up to $1,725,000 for a 5 bedroom,3.5 bath townhome with pool at 261 89th street.
Average asking price is $757,298
Average Days on the market - 271 days
One Condo in Stone Harbor is now Under Contract
312 88th street. Asking price $399,000
Days on the market-72 days
The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)
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.
e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521
Please visit The Address For Luxury Real Estate at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor.
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