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"We selected Chris to represent the sale of our beach home. She was beyond our expectation of fair, knowledgeable about the local market, and honest. We would highly reccommend her to negotiate any real estate transaction." Mrs. E. Rogers
"Chris has worked with us to sell a home, rent a home and continues to work with us to identify real estate buying opportunities. She is knowledgeable, ethical, professional and detail oriented. Chris is available 24/7 and her marketing plan for both rentals and sales and her efforts with those transactions has been far superior to any other experience we have had with other real estate agents. Chris handles all aspects of your real estate transactions herself. She can and will make the effort to ensure that your real estate experience is the best possible. We highly recommend Chris for any of your real estate needs." The Wilsons
"Christine is the best realtor I have ever worked with in Cape May County!! She is honest, ethical, hard working, extremely responsive and wants the best for her clients...." Pam & Mike
SINGLE FAMILY AVALON & STONE HARBOR REAL ESTATE MARKET UPDATE:
Both the Stone Harbor and Avalon markets are significantly outpacing 2016 thus far in both number properties sold and average sold price, by significant percentages.
(Market Data as reported by CMCMLS & published closings- includes single family, vacant lots and duplex properties with lot sizes minimum of 3300sq.ft.)
FULL YEAR 2016: 145 properties sold at average sold price of $1.862M FULL YR 2015: -176 properties were sold at an average selling price of $1.83M. In same period of 2014...152 properties were sold at an average selling price of $1.62M.
2015 VS. 2014: Number of properties sold increased 16%, average sold price increased 13%.
2016 VS. 2015: Number properties sold decreased 17%, average sold price increased 1.7% (decrease in sold properties...function of depleted inventory)
YTD: 1/1/17--7/20/17 - 84 properties closed at AVG. SOLD PRICE of $2.18M. Currently there are 31 properties "Under Contract" due to close prior to year end at an average list price of $1.9M.
Compared to same period -2016: 59 properties closed at Avg. Price of $1.85M --increase of 42% # sold properties, 18% increase in sold price.
FULL YEAR 2016: 85 properties sold at average sold price of $1.9M FULL YR 2015: - 72** properties were sold at an average sold price of $1.85M. In same period of 2014 -71 properties sold at average sold price of $1.76M. **includes sale of $5.25M property off-market.
2015 VS. 2014: Number properties sold increased 1.1% and average sold price increased 5.1%.
2016 VS. 2015: Number properties sold increased 18% and average sold price increased 2.7%
YTD: 1/1/17 - 7/20/17 - 54 properties closed AVG. SOLD PRICE of $2.46M--excluding $10M property--53 properties closed -AVG SOLD PRICE $2.32M** Currently there are 18 properties "Under Contract" due to close prior year end at average list price $1.9M. **(includes 7 properties sold off market , not in mls , total sales of $22,95M-one of which was a $10M sale of an oceanfront property)
Compared to same period 2016: 31 properties sold @average sold price of $2.03M. Increase of 71% # sold properties, 16%increase sold price.
INVENTORY: 7/20/17 For properties listed at asking prices LESS than $5M : -- Stone Harbor has 59 properties available at average listed price of $2.6M.
Avalon has 75 properties available at average listed price of $2.5M. (there are currently 18 properties listed OVER $5M , from $5.6M up to $10M)
That's all good news for Avalon & Stone Harbor Owners and Sellers. For Buyers, there are still exceptional values available, but Buyers do need to be well educated in this current heated Real Estate market.
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