A busy start to 2017 for Avalon and Stone Harbor, NJ!

A total of 34 properties SOLD (settlement) in the past 30 days, with an overall median selling price of $1,640,000.

There were 8 condo/townhouse style sales, ranging from the 1st floor of a duplex over the 21st Street bridge for $425,000; to a 2200 square foot side by side style townhouse on 87th Street for $1,155,000.  The median selling price for all condo/townhouse units- $592,500.

3 vacant lots sold (all previously had older structures on the site- torn down prior to selling).  2 bayfront lots- one on 7th Street (aka Yacht Club Drive) for $1,800,000, and one on Paradise Drive in Stone Harbor for $1,833,125.  An oversized beach block property (105′ X 110′) on the corner of 71st and Dune Drive sold for $3,000,000.

23 single family properties sold ranging from an older Cape on 15th Street for $847,600; to an ocean front on 74th Street for $6,500,000.  The median selling price of all single family homes- $2,007,500.

PLUS, and additional 56 properties are sale pending with settlements scheduled for the near future.  The median list price of those sale pending- $1,322,500 (final selling prices are posted after closing).

If you have any questions regarding market value in Avalon or Stone Harbor, please let me know:  ann@anndelaney.com

Thank you for your continued interest!