Real Estate at the Shore

 “How’s the market?”  A common question from property owners, potential buyers, and tenants.

My answer is “getting better”- defined by the number of recent transactions and my own experience. 

When a settlement is complete,  the selling price is posted. For the most part, we are not seeing shockingly low prices.  In fact, we often say that the price was a fair number for both the buyer and seller.

During just the past 30 days, 24 properties in Avalon & Stone Harbor sold/settled.  There are an additional 33 sale pending with closings scheduled in the near future.  That’s 57 buyers with enough confidence in the market to take the leap of seashore ownership!

We anticipate an active fall market as well.  Buyers sense that we are “at the bottom” for pricing, and want to take advantage of the favorable interest rates.  The inventory in certain segments of our market is finally at a more reasonable level (that makes our sellers happy- less competition).

If you, or someone you know is interested in a seashore purchase, please contact me    ann@anndelaney.com   or (609) 967-7950

 I appreciate the opportunity to help!