Market Stats

Avalon and Stone Harbor NJ

Market stats for the month of June:

A total of 35 properties sold (settled) in the month of June, including one commercial property at 33rd and Dune Drive for $235,000.

Otherwise, unusual to see the numbers split evenly for condo/townhouses and single family homes sold.  Typically we sell more single homes because that’s the predominate style of property.

17 condo/townhouse style units sold, ranging from $256,683 for a 1 bedroom unit at Ocean View Condominiums 79th and Dune Drive, Avalon; to $775,000 for a 4 bedroom side by side style unit on 25th and Ocean Drive.  The median selling price of all condo/townhouse style units: $585,000.

17 single family homes sold, ranging from $789,000 for a cottage style on 100th Street in Stone Harbor; to $4,500,000 for a custom bay front home on 42nd Street, Avalon.  The median selling price of all single family homes: $1,950,000.

In addition, there are 81 properties sale pending, with settlements scheduled for the near future.  The median list price of those sale pending: $1,399,000.

Real estate on the island continues to prove its value as a solid investment!

If you have any questions regarding sales in Avalon or Stone Harbor, I am here to help.  ann@powerplayrealty.com

Thank you for your interest.