Market Update

salesignDuring the past 30 days, a total of 20 properties sold (settlement) in Avalon and Stone Harbor, NJ, with a median selling price of $1,068,750.

The breakdown:

8 condo/townhouse sales, ranging from a 2 bedrooms condo located behind the Buccaneer Ice Cream shop for $399,000; to a brand new side by side in Stone Harbor for $950,000.  The median selling price for all condo/townhouse units: $730,500.

1 commercial property- the former Back Yard Restaurant in Stone Harbor- for $625,000.  Purchased by the Union League- see related article HERE

1 duplex- located on the bay in Avalon, for $1,232,500.

10 single family homes, ranging from an older rancher (sold for land value) on 17th Street in Avalon for $920,000; to a Bayberry Drive dune front home situated on a 100′ X 110′ lot for $3,950,000.  The median selling price for all single family homes: $1,835,000.

Plus, an additional 63 properties sale pending, with a median list price of $1,185,000 (final selling prices posted after settlement).

If you have any questions regarding market values in Avalon or Stone Harbor, please let me know.  I appreciate the opportunity to help!

ann@anndelaney.com

 

 

This entry was posted in Avalon, New Jersey- News, Seashore Real Estate, Stone Harbor, New Jersey- News. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

2 Comments

  1. Sylvia
    Posted May 11, 2014 at 4:42 pm | Permalink

    So sad that the Backyard has closed. It was always one of our favorite places to go!

  2. Posted May 12, 2014 at 9:56 am | Permalink

    The renovations look nice. I’m sure the setting will be even more beautiful (will stalk it during one of my walks!)

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