Avalon Real Estate Blog


2011 REAL ESTATE MARKET SHOWS STRONG IMPROVEMENT

MARKET UPDATE 2011:
Information obtained from the Cape May County MLS (Percentage change from 2010 shown in parentheses)
 

  Avalon
Number of Sales: 188 (+16.7%)
Total $ Volume: $226,680,041 (+20.1%)
Average Sale Price: $1,205,744 (+2.9%)
Number of Active Listings: 299 (-8.2%)
Stone Harbor
Number of Sales: 80 (+35.5%)
Total $ Volume: $112,302,750 (+37.2%)
Average Sale Price: $1,403,784 (+1.2%)
Number of Active Listings: 229 (+7.5%)
     
  Avalon Manor
Number of Sales: 5 (0%)
Total $ Volume: $1,449,000 (-53.3%)
Average Sale Price: $289,800 (-53.3%)
Number of Active Listings: 36 (+16.1%)
Stone Harbor Manor
Number of Sales: 3 (0%)
Total $ Volume: $1,244,900 (+5.5%)
Average Sale Price: $414,966 (+5.5%)
Number of Active Listings: 17 (-19.0%)