Making Waves!


-Mile 86Isla
Here's what's Making Waves
in Avalon & Stone Harbor
August 2019

Market Pulse
( per the Cape May County MLS
 Avalon & Stone Harbor)

* There are 150 single-family homes currently  For Sale in Avalon/Stone Harbor,  with a Median Asking Price of $2,895,000
 
As of this time last year, there were 172 single-family homes For Sale, with a Median Asking Price of $2,795,000
 
* 15 of the 150 homes are priced below $1,500,000
 
* There are 57 condo/townhomes currently For Sale with a Median Price of $699,000

As of this time last year, there were 68 condo/townhomes For Sale with a Median Price of $649,000
 
* COMPARING the # of properties placed Under Contract for Sale during the period Jan 1st thru July 15th....in 2017 - 234; in 2018 - 206; in 2019 - 199
 
* Since June 1st, a total of 64 properties have been placed Under Contract for Sale

BREAKDOWN of the 64 Properties Placed Under Contract for Sale...

Stone Harbor                      =  18 properties
Avalon                                  =  46 properties


Single Family Homes Placed Under Contract in Avalon/SH

By Asking Price
 
LOWEST IN STONE HARBOR: $565,000 (Weber Court) 
LOWEST IN AVALON: $779,000 (20th Street)
 
HIGHEST : $7,750,000 (newer beach front home in Avalon)
2nd Highest: $4,750,000 (an older bay front home on an oversized lot in Stone Harbor)


Condo / Townhomes Placed Under Contract in Avalon/SH

By Asking price
 
LOWEST : $260,000 (an efficiency unit at the Beachcomber condominium)
2nd Lowest : $269,900 (a 1 bedroom condo at the Concord Condominium in Avalon)
 
HIGHEST IN AVALON: $1,850,000 (a new bay front townhome)
HIGHEST IN STONE HARBOR: $1,799,000 (a townhome on 89th Street with a private pool)

________________________________________________
Location of Properties Placed Under Contract
 For Sale in Avalon/SH

Number of Bay Front properties: 11

Number of Beach Block properties: 4

Number of Ocean Front properties: 1
_________________________________________________________

Properties Placed Under Contract for Sale
Within the Past 2 Weeks


New MLS Listings!

9511 Sunset Drive, Stone Harbor
Asking $319,500
Bay front condo perched on the edge of the Intra Coastal Waterway! Enjoy beautiful sunsets & walk into town!





286 16th Street, Avalon
Asking $675,000
Bayview townhome just around the corner from town!





2176 Dune Drive, Avalon
Asking $829,900
Centrally located townhome offering a beautiful interior accented by hardwood, granite, 2 fireplaces, three private decks, 2 covered parking spaces and more!



234 24th Street, Avalon
Asking $1,150,000
Spacious townhome featuring a new interior, a cathedral ceiling, a large deck off the Great Room & a Southern-exposed rear yard!





6660 Ocean Drive, Avalon
Asking $1,899,000
Bay front townhome offering spectacular views, sunsets and a short two block walk to the beach!




24 East 19th Street, Avalon
Asking $2,395,000
Beach block home offering an ocean view and easy walking distance into town!


181 114th Street, Stone Harbor
Asking $4,495,000
Brand new beach block home on a corner lot offering ocean views! Highlights include 6 bedrooms, 7 bathrooms, a pool, firepit, cabana & more!
 
 
Even Adults Need a Time-Out Chair... 
Find Yours on the Beach!

Thinking about renting next year?
 Please give us a call to reserve your 
week for 2020!

Check our website or Call Us Today!!
   
    
Visit the RENT section of my website today at WWW .AvalonProperties.com. Check-out the selection of nice Avalon & Stone Harbor rental properties!!
 
Please contact my Rental Manager, my Rental Assistant or me at your earliest convenience, and we will be happy to assist you. 

Lisa Beck (Rental Manager)
or call 609-967-4200 x3125  

Nick Avicolli (Rental Assistant)
Nick@AvalonProperties.com
or call 609-967-4200 x 3124  
  
Happy Summer from 
The Bowersock Family! 

  
 
And...Happy 21st Birthday to my son! 
A BIG CHEER to our son Daniel who is celebrating his 21st birthday tomorrow! Daniel joined my Team this season as a Customer Service Liaison and Social Media Marketing Specialist. Later this month he returns to the University of Tampa to begin his junior year. Daniel intends to obtain a marketing degree and then join me in the real estate business!
Scallop Harvest at Near Record Level!
  
 
Sea scallops, which are harvested by boats working in the cold Atlantic ocean, are the target of one of the most valuable fisheries in America. Data from the National Oceanic and Atmospheric Administration (NOAA) shows that the 2018 harvest topped 58.2 million pounds - that's the highest total since 2011 and the 5th highest in history, according to statistics going back to 1945! Whenever we go offshore fishing, it's common to see a dozen (+/-) large steel-hull scallop boats from Ports ranging from Virginia to Atlantic City, feverishly working to dredge - up scallops anywhere from about 30-55 miles off of the beach. The port of Cape May, NJ is continually one of the highest producing scallop ports on the East coast!
Arts and Craft Fesitval in Stone Harbor
  
 
Stone Harbor Arts & Crafts Festival is celebrating it's 57th year! The event is scheduled for Saturday, August 3rd and Sunday, August 4th and will be held at the fields at 80th Street and Dune Drive; starting at 9am on each day. 
This show attracts thousands to Avalon & Stone Harbor each year. The Festival consists of 200 artisans from more than 12 different states. 
Home and Health Show in Avalon
  
 
Cape Regional's 7 Mile Island Home and Health Show is back in Avalon on Saturday, August 10th from 9am until 1pm. The event will be held at Avalon Elementary School; and it's here you will spend the day meeting with physicians and specialists for one - on - one health screenings and discussions. Once you have seen the doctor; head over to the home show and talk to the island's home contractors, designers and architects. 
If you'd like a chance to visit some of the Island's most unique homes; on August 10th from 11am until 4pm Cape Regional hosts their 7 Mile Island Designer House Tour. This is your chance to explore unique homes with modern designs and shore classic decor. Tickets are needed for the tour; and you can buy them at the Avalon Chamber of Commerce Welcome Center or by calling the Cape Regional Foundation. 
For more information; please visit caperegional.com.

Avalon Hosts 'Thursdays on Dune'
  
 
Every Thursday through August 29th; Avalon will host Thursdays on Dune! Each Thursday, the Borough will host kids activities from 5:30-7pm and live music from 7-8:30pm at Veterans Plaza located at 21st Street and Dune Drive. Face Painting, balloon art, airbrush tattoos and giveaways, as well as live music for everyone to enjoy! For more information on activities and band line up; please visit www.visitavalonnj.com
Stone Harbor
 Surf and Turf 5-Miler & 1-Mile Beach Run
  
 
If fitness is something that 'runs' in the family; make your way to Stone Harbor for the Surf & Turf 5-Miler & 1-Mile Beach Run on Sunday, Augut 11th. Sign up starts at 6:45am and the race begins at 8am. Kids are encouraged to join in!
For more information; please visit 7milesports.com
Dan Bowersock
      Broker-Sales & Rental Consultant
   Ferguson Dechert Real Estate, Inc
      2789 Dune Drive, Avalon NJ 08202
              609.967.4200  x3108                     Dan@AvalonProperties.com     

      

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