November 26, 2012

Market Update

During the past 30 days (which included an interruption from Sandy), a total of 24 properties SOLD (settled). The final selling prices ranged from $417,000 for a basic cottage located over the 21st Street bridge in Avalon; to $2,600,000 for a newer beach block home on 115th Street in Stone Harbor.

The median selling price was $855,000.

In addition, there are 56 properties sale pending; with settlement scheduled to occur within the next few months. The median asking price for those sale pending is $995,000.

If you would like additional market data, please let me know ann@anndelaney.com

Thank you for your interest!

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