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Stone Harbor Real Estate Activity Update for July 14, 2009. to August 3,2009

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

Monday, August 3, 2009

Stone Harbor Real Estate Activity Update for July 14, 2009. to August 3,2009

 





Stone Harbor Real Estate Activity Update for July 14, 2009 to August 3rd.


There are currently 119 single family homes currently for sale in Stone Harbor ranging in price from $475,000 for a two bedroom home on Weber Court to $6,500,000 for a new beach front home at #1 105th street .


Average list price is $2,234,192 and average time on market is 309 days.

There are five single family homes currently Under Contract in Stone Harbor.

236 95h street, a 5 bedroom,4 bath home on a 62.5x110 lot which was listed at $1,395,000 ,goes to settlement on 9/2/2009

306 94th street, a 5 bedroom,4 bath home on an oversize 70x110 lot,listed at $1,795,000 goes to settlement 8/28/2009

8901 First Avenue, a 5 bedroom ,2 bath home on a corner 60x110 lot.listed att $1,895,000, goes to settlement 8/6/2009

207 92nd street, a 6 bedroom,4 bath home on a 60x110 lot listed at $2,395,000,goes to settlement 8/12/2009
134 87th street, a 5 bedroom,5 bath home on a 50x110 lot,listed for 42,825,000,goes to settlement on 9/12/2009

One single family home SOLD in Stone Harbor since July 14

356 89th street, a 3 bedroom,1 bath home on a 35x110 lot listed for $990,000 SOLD on 7/24/2009 for $675,000 after 722 days on the market.


Stone Harbor NJ Condo Sale Activity July 14 to August 3 2009


There are currently 56 Stone Harbor condos currently for sale ranging in price from $194,500 for an efficiency unit at 10120 Third Avenue up to $1, 299,000 for a 2 bedroom, 2.5 bath town home with pool at 13 93rd street.

Average asking price is $681,373
Average Days on the market - 338 days

One Condo is now Under Contract in Stone Harbor

260 83rd street ,a 4 bedroom,2 bath unit listed at $729,000,goes to settlement on 8/14/2009




The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)

Interest rates continue to be in the 5% range for conforming loans. 6% for loans over $417,000 and just like the "old days", lenders want verification of income to qualify for the loan, and good credit.


If you are interested in purchasing a summer home, take advantage of the current market and send me an e-mail with your wish list. You'll be pleasantly surprised with the options available. There is something here now for everyone.

e~ mail me at Nancy@NancyMAlexander.com, or Call me! I love to talk Real Estate! Call my cell @ 609.425.7521 or Direct Line @ 800.708.5792

Please visit The Address For Luxury Real Estate and see Hundred of Stone Harbor and Avalon Rental & Sale Properties at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor.



Read more: http://stoneharboravalon.blogspot.com/#ixzz0N8KErT6g

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