Sales at the Shore: Since May 1st, 45 properties have SOLD (settlement) in Avalon and Stone Harbor, with an additional 41 currently sale pending (settlement in the near future).
Of those SOLD- 1 commercial property, 3 classified as vacant lots, 18 condo/townhouse units, and 23 residential properties. The median selling price was $1,060,000, including a low of $145,000 for a Beachcomber condo (motel) to $5,150,000 for a southend Avalon custom beach block home. 11 were in Stone Harbor; 34 in Avalon.
Of the condo/townhouse sales- the median selling price was $692,000. 10 were townhouse style (2 levels) and 8 were traditional condo style. 3 were in Stone Harbor and 15 in Avalon.
The median asking price for the combined 41 “sale pending” properties is $1,099,000– in line with the median price of those recently settled.
Summer Stats
Of those SOLD- 1 commercial property, 3 classified as vacant lots, 18 condo/townhouse units, and 23 residential properties. The median selling price was $1,060,000, including a low of $145,000 for a Beachcomber condo (motel) to $5,150,000 for a southend Avalon custom beach block home. 11 were in Stone Harbor; 34 in Avalon.
Of the condo/townhouse sales- the median selling price was $692,000. 10 were townhouse style (2 levels) and 8 were traditional condo style. 3 were in Stone Harbor and 15 in Avalon.
The median asking price for the combined 41 “sale pending” properties is $1,099,000– in line with the median price of those recently settled.