Market Update, Avalon and Stone Harbor

During the past 30 days, a total of 44 properties SOLD (settlement).

Of the 44 properties:

34 were single family homes.  The sold prices ranged from $555,000 for a 4 bedroom cottage on Weber Court in Stone Harbor; to $3,425,000 for a 3 level beach block home on 75th Street in Avalon.  The overall median selling price was $1,550,000.

9 were condo/townhouse units.  The sold prices ranged from $400,000 for a 3 bedroom condo in Holly Bay- 107th and Third Avenue, Stone Harbor; to a large side by side style unit with a garage at 81st and Second Avenue for $980,000.  The overall median selling price was $670,000.

One vacant lot transferred-  50′ X 110′ parcel at 33rd and First Avenue- the beach block side, for $1,100,000.

In addition, there are 70 properties sale pending, with settlements scheduled in the near future.  The median asking price of those sale pending: $1,324,500.

Questions about the market?  I am here to help!  609-967-7950  or ann@anndelaney.com

Thank you for your interest.