October Spice And Everything Nice!
September really flew by and it seems as though fall weather is here to stay! Things have cooled down at the Shore, but the gorgeous weather is still bringing people to the beach. Prime vacation season may be over but the open space and tranquility of the beach provides a great place for online learning and working remotely. If you're interested in fall rentals or even purchasing a home, give us a call at (609) 967-0289 or contact us online.

P.S. It's never too early to book your rental for next summer!
Thanksgiving Weekend in Avalon
Thanksgiving Weekend will return to Avalon this year with live entertainment and events for the whole family. Make sure you book your rental ASAP!
Avalon Garden Club Yard Sale
On October 10th, visit the Avalon Greenhouse between 8am and 1pm to shop the Garden Club yard sale!
Trick-or-Treating on 7 Mile Island
Calling all Avalon and Stone Harbor trick-or-treaters! Trick-or-treating will take place between 5pm and 8pm on Halloween night. Be sure to register your home to the designated route by October 26th.
Clean Ocean Action Fall Beach Sweep
Keep the seas trash free by participating in this fall's Clean Ocean Action Beach Sweep on 95th Street Beach on October 24th at 9am!
The October Market Report
Hello and Happy Fall!

Luckily for us and all of our families who have made the island their home beyond Labor Day, the weather has been extraordinary! Driving through the island on any given night you see lights on in homes on in virtually every block in town. Friday and Saturday nights you had best make a reservation for any place to eat – the restaurants and stores are bustling with activity. Such a pleasure to see after so many business owners lost so much early in the season.

Activities such as Festive Friday and Snowfest Saturday are in the works for Thanksgiving weekend. Don’t miss this wonderful celebration of family and friends here in Avalon and Stone Harbor.

Speaking of activity, our island sales were up 44% for the month of September. In fact, we sold as many homes in September as we did the month of August which is not typical for our market. Single home sales were up slightly only 11%, with 73% of those sales in Avalon. This is all a function of lack of inventory.

The Bay continues to be a strong market segment with 6 sales in Avalon and 2 in Stone Harbor. New construction pricing was in the $5.9 range in Avalon and $4.5 in Stone Harbor. The Stone Harbor beach block saw a new construction sale in the $4.6 range while the Avalon oceanfront saw two teardown sales in the $4.7-$4.9 range.

Townhome/condo sales were up 93% with condos leading the category simply due to inventory. The townhome inventory continues to be very deficient.

In spite of a 46% reduction year over year in Avalon single home inventory and 20% reduction in Stone Harbor, we continue to find homes to meet our buyer’s interests and needs. This demand vs inventory continues to create multiple offers and final sale prices exceeding or matching list price. The same holds true in the condo/townhome segment where our inventory is off 42% in Avalon year over year and 50% in Stone Harbor. Through it all we continue to move through whatever inventory we have to sell.

The Ferguson Dechert Sales team continues to dominate the market in all categories. We consistently participate in more Avalon transactions than the combined sales of the next 6 agencies with a 43% market share. And almost 40% of the time we are on both sides of the transaction – buyer and seller!

Our message to homeowners and buyers is simply this: if you are ever a seller, now is certainly the time to be one. Call or email my team and we will share the most up to date information regarding your home’s value. I am sure we have your buyer waiting on the phone right now! If you are buying, get in touch today and share your needs and specifics. YOUR new home may be listing right now and someone else will be purchasing it because you don’t have a trained professional as your advocate in this exceedingly competitive market. Zillow and Realtor.com do not live on the island and there is lots happening that Zillow and Realtor.com don’t have access to, like a trained local realtor.

On a personal note, I wish you and yours a healthy and Happy Halloween and Thanksgiving season! Come down to see us. The weather is super and TOWN IS OPEN!

All the best,
Holly C. Rennie
YTD Sales Transactions Recap - Avalon
YTD Sales Transactions Recap - Avalon & Stone Harbor
YTD MLS Market Share - Avalon & Stone Harbor
Current Inventory Of Active Listings
Our expert agents would love to chat with you about the current market. Give us a call today!
Featured Sales Listings
76 W 18th Street

Coming Soon!
675 21st Street, Unit A
3 Bed | 2 Bath | Completely Renovated
Are you ready to move in and do absolutely nothing but kick back and relax? If you said YES, then look no further than this turn-key 3 bedroom 2 bath first floor condo. Completely renovated down to the studs in 2016, the current owners took things a step further and added central heating and air conditioning, a kitchen center island and shed in the back yard for all your beach and bay toys. Engineered flooring runs throughout all living areas while the three bedrooms have comfy carpeting under foot. The master ensuite bedroom offers a tiled bath with shower while the hall tiled bath offers a new tub and tiled surfaces. Within walking or biking distance you have the brand new marina to launch your boat, Jet Ski or paddle board and kayak. Grab a slip early before they all rent out! At the end of a busy day take a stroll into town and visit your favorite Avalon eatery, watering hole or grab a game of mini golf with the kids. The 21st Street neighborhood is full of young families enjoying the best Avalon has to offer. Why not join them today!
Featured Vacation Rentals
NEW For The 2021 Season!
4739 Ocean Drive
4 Bed | 3 Bath | Sleeps 8
Two-Story Home with Pool
18 Linden Lane
Stone Harbor
3 Bed | 1.5 Bath | Sleeps 6
Single-Family Home
237 29th Street
6 Bed | 5 Bath | Sleeps 12
Townhome with Pool
New Jersey's 20 Most Scenic Roads for the Perfect Fall Drive
A great activity that will get you out of the house while still staying safe and socially distant is a nice long drive. Enjoy the views and fresh air on any of these scenic routes in NJ!
Browse Our Listings And Find Your Dream Home Down The Shore With Our New User-Friendly Website
See What Homes Have Sold Around The Island And For How Much