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Avalon N.J. Real Estate Market Report January 21st to February 11,2012

By
Real Estate Agent with Long & Foster Real Estate Inc.

 

Avalon Real Estate Sales Activity January 21 to February 11 2012

 



The Avalon N.J. Real Estate Market Report

Nationally home prices are down 33 percent from their bubble peak, according to the latest S&P/Case-Shiller report. Locally, we've now experienced six straight years of declining prices in Stone Harbor and Avalon.

Sellers who have priced their homes competitively are getting offers, and getting SOLD. Property owners hoping for a high price of the old days have their listing remaining unsold .Some have been sitting on market for 2+ years at unrealistic list prices.

With the average rate on the 30-year fixed mortgage now dropped to the lowest since records have been kept, the incentive to buy now has never been greater. Smart buyers are taking advantage of this market while sale prices remain low.These same smart buyers will be bragging about the deals they got in 2012



Avalon Real Estate Sales Activity January 21 to February 11 2012

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 the Avalon 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.

Single Family Homes Now For Sale in Avalon as of February 11, 2012


There are 168 single family homes now For Sale in Avalon, These homes range in price from $450,000 to a whopping $11,900,000! See link below:
http://capemay.paragonrels.com/publink/default.aspx?GUID=cd59db4c-af85-409d-b29e-5c25c2be8681&Report=Yes


3 Single family Properties in Avalon closed since January 21st, 2012= See link below:
http://capemay.paragonrels.com/publink/default.aspx?GUID=a351205b-c6c7-4c73-b2cb-3eb758f413c8&Report=Yes


20 Avalon Single Family Homes Currently Pending .

http://capemay.paragonrels.com/publink/default.aspx?GUID=c719859f-004a-4f30-8df4-fdbbcb070e9e&Report=Yes


Average List Price Of Single Family property:$1,491,999


Average SOLD Price Of Single Family property: $2,031,000

Average Days on Market: 308 days


There are 88 Condo/townhouses currently active on the market in Avalon


http://capemay.paragonrels.com/publink/default.aspx?GUID=7a0ffbcf-8652-4813-9dae-f8f3685409c2&Report=Yes


10 Condo/townhouses in Avalon Now Under Contract

http://capemay.paragonrels.com/publink/default.aspx?GUID=13c38ba5-0073-4310-abb5-5a037440ae0b&Report=Yes

4 Condo/townhouses in Avalon closed since January 21st, 2012 See Link below:


http://capemay.paragonrels.com/publink/default.aspx?GUID=a351205b-c6c7-4c73-b2cb-3eb758f413c8&Report=Yes


Average List Price Of Avalon Condo : $709,000

Average SOLD Price Of Avalon Condo : $616,750

Average Days on Market: 213 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?

Join my Facebook Page:https://facebook.com/NancyMAlexanderRealEstate
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 and e-mails within hours, usually in just minutes!


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