Market Stats

December is typically a slower month for seashore real estate, yet a total of 20 properties SOLD (settlement).

The majority of sales (13) were for residential homes, ranging from $975,000 for a 2 story home on 88th Street torn down immediately after closing, to $4,400,000 for a custom new construction on the beach block side of 68th and Dune Drive.  The median selling price for all single family homes- $1,891,250

There were 4 condo/townhouse sales, ranging from a 1 bedroom unit at the Merrimac (80th and Dune Drive) for $324,000, to $1,400,000 for a bay front townhouse on 12th and Ocean Drive.  The median selling price for all condo/townhouse units- $615,000

2 lots sold- a vacant parcel on the corner of 53rd and Dune Drive for $915,000; and a tear down cottage on the beach block of 84th Street (40′ lot) for $1,250,000.

1 commercial unit sold- 21st and Dune Drive for $280,000.

In addition, there are 52 properties sale pending, with a median list price of $1,395,000 (final selling prices are posted after settlement).

If you have any questions regarding market values in Avalon or Stone Harbor, I am happy to help!  609-967-7950 or ann@anndelaney.com

Thank you for your continued interest.