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Fall update
A bit chilly today! Â Fall has arrived, yet we know “summer” will visit several times through to October.
Vacationers and property owners are enjoying the extended season, but the island is definitely less hectic.
The sale market continues at an incredible pace. Â In Avalon and Stone Harbor, there are a record 144 properties sale pending with settlements scheduled in the coming weeks/months. Â That’s a huge turn over of shore homes.
Several of our rental property owners have decided to keep their homes for family use in 2021. Â With the uncertainty of the coming year, time spent in their beach house is a priority.
Likewise, potential tenants are motivated to secure their vacation rentals for next summer; with many requesting multiple weeks.
We hope the reduction of rental inventory will not be an overall trend for 2021, especially with the high demand.