Avalon Real Estate Sales Activity August 22, 2012 Market Update.
As mortgage interest rates hover at historic lows, keeping an eye on new listings is very smart !
Mortgage rates around 3.75% 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.
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 Avalon.
If you would like similar statistics for a specific area, property type or price range, please send me an email at Nancy@NancyMAlexander.comand 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 August 22, 2012
There are 153 single family homes now for sale in Avalon ranging in price from $469,900 to a Whopping $12,500,000! @92 days average days on the market.
30 Single Family Homes in Avalon are Now Under Contract. These homes range in price from $595,000 to $3,999,000.
9 Single Family Homes in Avalon have SOLD and gone to settlement since July 1, 2012 . These SOLD homes range in price from $775,000 to $3,000,000
Average List Price Of Single Family property:$1,882,555
Average SOLD Price Of Single Family property: $1,761,761
Average Days on Market: 289 days
There are 83 Condo/townhouses currently for sale in Avalon ranging in price from $154,900 to $1,525,000
14 Condo/townhouses in Avalon Now Under Contract ranging in price from $179,500 to $1,525,000
12 Condo/townhouses in Avalon closed since July 1, 2012
Average List Price Of Avalon Condo : $746,891
Average SOLD Price Of Avalon Condo : $703,750
Average Days on Market 283 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?
Find us on Facebook :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 immediately.