Summer Stats

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.