Avalon N.J. Real Estate Market Sales Update as of June 29, 2013

Real Estate Agent with Long & Foster Real Estate Inc.


RIS Media reports“a dramatic reversal in previous year’s buyer’s market status.” The combination of current reduction in inventory and low interest rates are pushing serious buyers  to buy now.  Some sellers are receiving multiple offers. All advantages for the home seller with his property priced properly.


Avalon N.J. Real Estate Market  Sales Update as of  June 29, 2013

Single Family Homes Now For Sale in Avalon, N.J. as of June29, 2013

There are now 127 single family homes for sale in Avalon as of June 29 2013.  



Average list price: $ 2,514,952

Average days on Market: 308

There are now 25 Single Family Avalon Homes Now Under Contract with average list price of  $1,575,720



Average list price: $1,575,720

Average Days On Market=213

11 Single Family Homes have SOLD in Avalon since May 20, 2013




112 single family homes SOLD in Avalon since June 29, 2012


Average List price was $1,701,693
Average SOLD price was $1,547,902
Average days on market =  275 days

Avalon Condo/Townhouse now For Sale

There are now 70 Condo/townhouse properties for sale in Avalon with an average list price of $662,038


There are now 6 Condo/townhouses in Avalon Now Under Contract. Average Days on Market =56 days


76 Condo/Townhouses  in Avalon have SOLD  in a year, since June 29,2012


Average list price +$689,331

 Average SOLD price = $652,023   

Average days on market = 265 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? Let’s Talk.


Mortgage rates jumped this week on Jumbo loans up to 2 million to  4.375% but still continue to boost home affordability. 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. Keeping your eye on fresh listings in this market is smart.


Each month, I provide the latest Stone Harbor 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 Stone Harbor Real Estate Market before you buy or sell a home in the Stone Harbor area.


If you would like similar statistics for a specific area, property type or price range, please send me an email at  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.


Important to understand you must price you property competitively from the very start and you will see immediate activity, and a contract!



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Nancy Alexander

REALTOR®Emeritus- Stone Harbor & Avalon NJ
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