In the past 30 days, 21 properties SOLDÂ on the island.Â
16 single family homes SOLD, ranging in price from $650,000 (a “tear down” rancher on 20th Street) to $7,000,000 (a custom ocean front home on 33rd Street). 12 SOLD in Avalon; and 4 in Stone Harbor.  I removed the $7 million sale from the list before calculating the average selling price of $1,188,332.Â
4 townhouse style condos SOLD; 2 in Avalon, and 2 in Stone Harbor.  Selling price ranged from $725,000 to $805,000.
And one “vacant lot” sold on 66th Street for $1,125,000 (a home was demolished- land purchased by a builder).
There are an additional 37 properties Sale Pending, with final settlement in the near future.
If you have any questions regarding market value, please contact me:Â ann@anndelaney.comÂ
Thank you for the opportunity to help!
The Marble House
There has always been at least one “you know that house” on the island - discussed at cocktail parties and pointed out to visitors. When I was young, it was Ed McMahon’s house on 18th Street. Then there was the elegant home at 40th and First Avenue (now being re-built). And of course, the modest homes in the high dunes were replaced with mini-mansions over the years.
In 1999, the “Marble House” became the most talked about home in town. It was for sale a few years back- without success. It’s on the market again for $7,500,000.
http://CapeMay.fnismls.com/publink/default.aspx?GUID=8c80759a-acef-411e-9d29-2056374d13c4&Report=Yes
If you know anyone looking for a unique dune front home in Avalon…please let me know 🙂