Avalon Real Estate Activity for May 12 to May 19, 2009

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

Avalon Real Estate Activity for May 12 to May 19, 2009

 



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 Avalon Real Estate Market Activity May 12 to May 19.

There are currently 233 single family homes for sale in Avalon ranging in price from $549,000 for a two bedroom home at 667 22nd street to a whopping $16,875,000 for a seven bedroom south Avalon beach front home on 75th street.


Good news! Buyers are moving back into the market again encouraged by low interest rates and lower prices.

There are eight single family homes now Under Contract in Avalon.

1- 742 Sunrise Drive, a 3 bedroom,1 bath home on 46x92' lot listed for $550,000,goes to settlement 6/30/2009 after only 28 days on the market

2- 146 28th street, a 5 bedroom,5 bath home on a 50x110 lot and listed for $1,595,000 and goes to settlement 5/16/2009

3- 255 67th street, a 5 bedroom,4.5 bath home on a 60x110 lot, listed for $2,175,000,goes to settlement 7/1/2009



4- 568 22nd street, a 5 bedroom,5 bath home on a 50x110 lot and listed for $1,695,000 goes to settlement 10/30/2009


5- 78 W. 12th street, a 5 bedroom,5 bath home on a 50x110 lot and listed for $2,195,000 goes to settlement 9/30/2009


6- 6799 Dune Drive, a 4 bedroom,4 bath home on a 65x110 lot and listed for $1,989,000 goes to settlement 5/29/2009


7- 78 W. 12th street,1 5 bedroom,5 bath home on an oversize lot, listed for $2,195,000.Goes to settlement 9/30/2009


8-1918 Avalon Avenue, a 5 bedroom,5 bath home on a 60x110 lot listed at $2,250,000 goes to settlement on 10/15/2009


One Single Family Home SOLD in Avalon May 12 to May 19

693 Sunrise Drive, a 5 bedroom,4 bath home on a 60x130 lot and listed for $2,000,000 SOLD 5/14/2009 for $1,750,000


Condo/Townhouse Avalon Sales Avalon May 12 to May 19

There are now 149 condo/townhouses for sale in Avalon ranging in price from $169,000 for an efficiency unit at 7900 Dune Drive, up to $2,200,000 for a beach front,4 bedroom,3 bath unit at 65 east 28th street

There are ten condos in Avalon now Under Contract ranging in price from $305,000 to $899,000



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 or Direct 800.708.5792
Please visit The Address For Luxury Real Estate at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor

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