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3RD QUARTER 2023 RECAP
Avalon & Stone Harbor
(per the Cape May County MLS)
163 properties were placed Under Contract for Sale during the First Three Quarters of 2023
Breakdown of the 163 Properties…
124 properties in Avalon; 39 in Stone Harbor
The Median Asking Price of the 163 properties was $2,849,000; so half of the properties were priced below/above $2,849,000
Bayfront: 15 Homes; 7 Condo/Townhomes
Beach Block: 7 Homes; 4 Condo/Townhomes
33 Brand New Properties
21 of the 163 properties were priced under $1,000,000
18 of the 163 properties were priced over $6,000,000
Two Highest Home Sales: $12M (Beach front) and $11,500,000 (Bayfront)
Two Lowest Condo Sales: Beachcomber Condominium Units, $350k & $395k
Breakdown of Properties For Sale…
102 Properties For Sale (Avalon-80; SH 23)
Range of Asking Price: $495,000 to $25,000,000
Median Asking Price: $3,595,000
Bayfront Homes: 14, Asking $4,250,000 - $12M
Bayfront Condo/Townhome: 4, Asking $1,495,000 - $3,849,000
Beach Block Homes: 9, Asking $5,250,000 - $7,000,000
Ocean Front Homes: 3, Asking $13M, $12.5M and $25M
KNOWLEDGE IS POWER!
FEEL FREE TO CONTACT ME IF YOU WOULD LIKE A LIST OF THESE PROPERTIES!
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