Summer SOLDS

The summer months are traditionally slow for real estate closings at the shore.  That said, 19 sales  in Avalon and Stone Harbor NJ were recorded during the past 30 days: 1 commercial space, 8 condo/townhouse units, and 10 single family homes.  The overall median selling price was $725,000.

The condo/townhouse units sold ranged from $350,000 for a 2 bedroom condo in Stone Harbor, to $1,350,000 for a newer bay front side by side in Avalon.  The median selling price was $627,500.

The single family homes sold ranged from $370,000 for a “court” cottage in Stone Harbor, to $3,350,000 for a beach block home on an over-sized lot in Stone Harbor. The median selling price was $800,000.

In addition, there are 34 properties sale pending, with settlement scheduled in the near future. The median list price of the properties under contract is $1,324,500.

If you, or someone you know is interested in purchasing a property at the shore, I appreciate the opportunity to help!

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