Ann Delaney Beach Blog

Category: Avalon, New Jersey- News

  • Seashore Real Estate

    During the past 30 days,  23 properties SOLD(settlement) in Avalon and Stone Harbor.  The number of settlements each month has remained consistent since late spring…and it’s a huge improvement over our Fall 2008 market!

    The selling prices range from $250,000 (for an efficiency condo on on 96th Street) to $5,100,000 (for a custom bay front home on Pelican Drive).  The median price was $937,500 for a mix of condo/townhouse units, 2 duplexes, a vacant lot, and single family homes.

    All positive signs for an improving real estate market at the shore  🙂

    Drop me a note at ann@anndelaney.com if you would like to review the data.

  • Fall Weekend

    http://www.wetlandsinstitute.org/wnw.html

    Perfect weather all weekend for the annual Wings & Water Festival.  Events continue through today in Avalon, Stone Harbor, and Middle Township.

  • My Turn

    VacationChair   “I never take a vacation…blah, blah, blah”.   That’s not me!  I love to travel.   

    Living and working in a resort community all of my life has been a huge influence.    I see the benefits of the vacation lifestyle every day.

    We typically don’t go away in the busy season, but this trip is to celebrate a big anniversary- so we made an exception.

    Heading to another beautiful beach far away…will post a few pictures when I return  🙂

  • Sunday Sights

     The equipment is arriving to the 111th Street beach in Stone Harbor in preparation of the beach fill.  Pumping begins on Wednesday.TrucksSeptRace 

     The Tim Kerr 7 Mile & 5K race this morning was a HUGE success.   Over 1,000 runners, and hundreds of spectators to cheer them on. 

     

     

     For race results:

    http://www.active.com/page/Event_Details.htm?event_id=1774393&assetId=cf05fddc-b925-46f3-a90e-5fdb360c8fa1

    or:  http://timkerrcharities.org/7-mile-run.htm

  • How’s the Market?

                                                                                                          pierPicture has nothing to do with this post- just an interesting view of the Avalon Fishing Pier!

    During the month of August, there were 22 properties sold/settled in Avalon and Stone Harbor.  An additional 42 are sale pending with settlement scheduled within the next few months.

    Island-wide, there are 338 single family homes on the market, ranging from $475,000 (for a “court” cottage), to $16,875,000 (a brand new 8,500 square foot custom home on the beach).  The median list price is $1,995,000.

    183 condo/townhouse units are actively on the market, ranging from  $169,000 (a hotel/condo) to $1,995,000 (bay front townhouse).  A median list price of $719,000.

    Buyer, sellers, and the local real estate agents  🙂  are feeling optimistic about the fall market.

    If you would like a detailed list of properties available within a certain price range/ location,  contact me at:   ann@anndelaney.com    I appreciate the business!

  • Labor Day Weekend/TK Race

    7milelogo   Visit the TK Charities web site for information regarding the Saturday 9/5 Splash and Dash (youth event) and the Sunday 9/6 Tim Kerr 7 Mile run:  http://timkerrcharities.org/7-mile-run.htm

    Volunteers are always appreciated to help with street traffic during the race.  Or participate as a runner/walker in the race!

  • Sunday Sights

    Sunday

    Every morning when I cross over the beach path, I am in awe of the ocean view.  So, although many of the pictures that I post may look the same…to me, each is a unique view to share.

    The sun is back out- should be a perfect beach day.  Hope to be there after work today, too  🙂

  • Stone Harbor Beach Replenishment

    beachfill  After 2 years of discussion and planning, the Stone Harbor beach fill is ready to begin.   The dredge will travel from Sea Isle City to Hereford Inlet (North Wildwood).   The State will determine if the next phase will be Stone Harbor or North Wildwood (both are scheduled).  Borough officials are hoping to follow North Wildwood so that the beach season is not interrupted.

    The staging area will be on 111th Street.  Dredge pipes will be extended as the beach fills works it’s way north to 98th Street.  Approximately 3 blocks will be closed at a time in the immediate work area.  It’s a 24/7 operation, pumping sand for a total of 9 days.

    The $2.5 million project is cost shared with the State of New Jersey:  75% State, 25% Stone Harbor.  245,000 cubic yards of sand will be added.  The removal of the outfall pipes is a separate project- that work will begin late fall or early winter.

  • Real Estate at the Shore

    house “How’s the market?”  A common question from property owners, potential buyers, and tenants.

    My answer is “getting better”- defined by the number of recent transactions and my own experience. 

    When a settlement is complete,  the selling price is posted. For the most part, we are not seeing shockingly low prices.  In fact, we often say that the price was a fair number for both the buyer and seller.

    During just the past 30 days, 24 properties in Avalon & Stone Harbor sold/settled.  There are an additional 33 sale pending with closings scheduled in the near future.  That’s 57 buyers with enough confidence in the market to take the leap of seashore ownership!

    We anticipate an active fall market as well.  Buyers sense that we are “at the bottom” for pricing, and want to take advantage of the favorable interest rates.  The inventory in certain segments of our market is finally at a more reasonable level (that makes our sellers happy- less competition).

    If you, or someone you know is interested in a seashore purchase, please contact me    ann@anndelaney.com   or (609) 967-7950

     I appreciate the opportunity to help!

  • Arts & Crafts Weekend

    The busiest weekend of the summer…and the biggest event of the summer: The Arts & Crafts Festival at the 80th Street field.

    The white tents are up and ready for the vendors to descend tomorrow.  The crowds will follow starting early Saturday morning.  Parking and driving in the immediate vicinity will be difficult- Third Avenue/Ocean Drive will be the best option for north to south travel!