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February 12, 2012
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  CONDITIONS™
By Local Real Estate Experts  



Market Conditions for Avalon, New Jersey

Reported by Nancy M. Alexander, ABR, CRS, ePRO, GRI, RSPS

Updated February 11, 2012.

Current Market Rating: 2




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2
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5
Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

nancy alexander
Avalon Real Estate Sales Activity January 21 to February 11 2012


The Avalon N.J. Real Estate Market Report
Nationally home prices are down 33 percent from their bubble peak, according to the latest S&P Case-Shiller report. Locally, we've now experienced six straight years of declining prices in Stone Harbor and Avalon.

Sellers who have priced their homes competitively are getting offers, and getting SOLD. Property owners hoping for a high price of the old days have their listing remaining unsold .Some have been sitting on market for 2+ years at unrealistic list prices.

With the average rate on the 30-year fixed mortgage now dropped to the lowest since records have been kept, the incentive to buy now has never been greater. Smart buyers are taking advantage of this market while sale prices remain low.These same smart buyers will be bragging about the deals they got in 2012
Avalon Real Estate Sales Activity January 21 to February 11 2012

Each month, I provide the latest Avalon Real Estate market sales statistics based on data from the Cape May County MLS. These Monthly Market Reports are intended to share sales information to help you can make an informed decision about the Avalon Real Estate Market before you buy or sell a home in the Avalon area.
If you would like similar statistics for a specific area, property type or price range, please send me an email
Nancy@NancyMAlexander.com and tell me how I can help. I can provide real estate market specifics for nearby communities regions around Avalon and Stone Harbor.

Single Family Homes Now For Sale in Avalon as of February 11, 2012

There are 168 single family homes now For Sale in Avalon, These homes range in price from $450,000 to a whopping $11,900,000!

3 Single family Properties in Avalon closed since January 21st, 2012

Average List Price Of Single Family property:$1,491,999
Average SOLD Price Of Single Family property: $2,031,000
Average Days on Market: 308 days

There are 88 Condo/townhouses currently active on the market in Avalon.

10 Condo/townhouses in Avalon Now Under Contract.
4 Condo/townhouses in Avalon closed since January 21st, 2012

Average List Price Of Avalon Condo : $709,000
Average SOLD Price Of Avalon Condo : $616,750
Average Days on Market: 213 days

Buying or Selling a home in Stone Harbor or Avalon, or if you need a Summer Rental, it would be my pleasure to help you with your Real Estate needs. Have a question about a Stone Harbor or Avalon homes or want to talk about selling yours?

Join my Facebook Page:https://facebook.com/NancyMAlexanderRealEstate You can reach me by e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521. I return calls and e-mails within hours, usually in just minutes!





ZIP Code: 08202

Location Characteristics: Avalon, New Jersey is the premiere family-oriented vacation shore community in Southern New Jersey? Avalon offers a beautiful bathing beach, opportunities for fishing and crabbing, tennis courts, basketball courts, playgrounds, parks, a number of summer sports camps, many fine restaurants and shops and family activities.
Amusement parks and waterparks are only a twenty minute ride south on Ocean Highway...offering exciting games and rides to satisfy the most adventure seeking spirit. We have historic villages, beautiful gardens, cultural arts, golf, antique shops, and whatever else suits your pleasure within a few minutes' ride of Avalon.
We hope to see you in Avalon soon!

For More Information:

View Market Conditions of other areas served by Nancy M. Alexander

Navigate: Top > New Jersey > Avalon

About Nancy M. Alexander:
Professionalism,Experience,Results.Proudly providing platinum level service to Luxury Home Buyers and Sellers in Stone Harbor & Avalon. Are you considering a move? It would be my pleasure to help you with your Real Estate needs. Call me. I Love To Talk Real Estate!

www.NancyMAlexander.com
Follow me on facebook too.
http://www.facebook.com/pages/Stone-Harbor-NJ/Stone-Harbor-Avalon-NJ-Real-Estate/200507739852




These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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