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Avalon and Stone Harbor Weekly Update January 7, 2021

January 7, 2021 By Bill and Kay Leahy


View The Latest Long & Foster Market Minute Report  |  Download/Print PDF

HAPPY NEW YEAR!  Wishing you & yours the very best for a happy, healthy, and prosperous 2021!

MARKET STATS:  Strong purchase demand continued through the fall months, with November 2020 seeing a 30% increase in the number of units sold compared to a year ago.  For a detailed look at the market, see the latest Long & Foster Market Minute Report above.

MARKET OUTLOOK:  As we head into 2021, a fast start seems likely for the local real estate market.  November statistics put new purchase contracts at a record high nationwide, according to the Wall Street Journal (December 31, 2020.)  Purchase demand paused briefly for the holidays, while interest rates remain near historic lows, with 30-year mortgage rates available well under 3%.  Along with a pent-up desire to travel and vacation near home, both the sale market and vacation rental market appear to be poised for another strong year.

REPURPOSE YOUR CHRISTMAS TREE:  A limited number of Christmas trees are accepted by the Cape May County Zoo for use in animal habitats.  The trees provide windbreaks and shelter from the cold, and even serve as food for camels and goats.  They’re especially popular among lions, who pick them up and carry them around, according to the zoo!  Trees must be free of ornaments and other items, and can be dropped off outside the zoo in a specially marked area, until the zoo reaches capacity.

THE MARINE MAMMAL STRANDING CENTER responded to 160 strandings in 2020, including 71 seals, 30 dolphins, 12 whales, and 41 sea turtles.  Since 1978 the MMSC has responded to more than 5,500 strandings up and down the coast, and does extensive work to rehabilitate sick and injured animals whenever possible.  To learn more about the Marine Mammal Stranding Center visit www.mmsc.org.  While there, consider making a donation by clicking the “Donate” button.

VACATION RENTAL GUIDE:  2021 rental bookings are well underway–now is the time to determine your vacation dates and select a property.  We’ve got something for every budget!  Need some inspiration?  Browse my 2021 Vacation Rental Guide here: https://www.flipsnack.com/franzeographics/long-and-foster-avalon-stone-harbor-rental-brochure-fd1kyp3nr.html  When you’re ready to book a property call or email me!

 

New Listings:

227 96th Street, Unit F, Stone Harbor, $55,000 (Lease), ACTIVE MLS#: 210022

29 E. 28th Street, Avalon, $599,000, ACTIVE MLS#: 210002

311 80th Street, Avalon, $1,995,000, ACTIVE MLS#: 204809

227 120th, Stone Harbor, $2,999,000, ACTIVE MLS#: 210023

230 82nd Street, Stone Harbor, $3,150,000, ACTIVE MLS#: 204820

 

Properties Under Contract:

8001 Second Avenue, Stone Harbor, $483,900, UNDER CONTRACT MLS#: 204005

227 96th Street, Stone Harbor, $595,000, UNDER CONTRACT MLS#: 204752

356 95th Street, Stone Harbor, $1,195,000, UNDER CONTRACT MLS#: 204598

8410 Third Avenue, Stone Harbor, $1,295,000, UNDER CONTRACT MLS#: 203922

325 99th Street, Stone Harbor, $1,295,000, UNDER CONTRACT MLS#: 204736

10206 Third Avenue, Stone Harbor, $1,629,000, UNDER CONTRACT MLS#: 204614

321 99th Street, Stone Harbor, $2,175,000, UNDER CONTRACT MLS#: 204735

157 84th Street, Stone Harbor, $2,375,000, UNDER CONTRACT MLS#: 202456

10 E. 9th Street, Avalon, $2,850,000, UNDER CONTRACT MLS#: 203168

65 S. Pelican Drive, Avalon, $8,495,000, UNDER CONTRACT MLS#: 204347

 

Properties Sold:

497 Avalon Boulevard, Avalon Manor, $99,000, SOLD MLS#: 190427

788 Stone Harbor Blvd., Stone Harbor Manor, $120,000, SOLD MLS#: 148973

7888 Dune Drive, 201, Avalon, $340,000, SOLD MLS#: 204449

9511 Sunset Drive, Stone Harbor, $369,000, SOLD MLS#: 200013

247 B 88th Street, Stone Harbor, $760,000, SOLD MLS#: 204255

733 21st Street, Avalon, $820,000, SOLD MLS#: 201430

298 43rd Street, Avalon, $1,250,000, SOLD MLS#: 204117

2090 6th Street, Avalon, $1,500,000, SOLD MLS#: 203641

311 100th Street, Stone Harbor, $1,610,000, SOLD MLS#: 202541

386 22nd Street, Avalon, $2,100,000, SOLD MLS#: 202424

6043 Ocean Drive, Avalon, $2,560,000, SOLD MLS#: 186925

63 W. 31st Street, Avalon, $2,595,000, SOLD MLS#: 200950

294 57th Street, Avalon, $3,000,000, SOLD MLS#: 204247

45 W. 26th Street, Avalon, $3,450,000, SOLD MLS#: 201670

9 N. Pelican Drive, Avalon, $3,775,000, SOLD MLS#: 190056

10015 First Avenue, Stone Harbor, $4,000,000, SOLD MLS#: 201928

2205 Harbor Avenue, Avalon, $5,500,000, SOLD MLS#: 202425

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William and Kay Leahy of Long & Foster Real Estate, Inc

Meet Bill and Kay

Bill and Kay Leahy of Long & Foster Real Estate are your go to luxury home professionals at the South Jersey Shore! From the top of the market, multi-million dollar listings and sales to the finest vacation rental properties in Avalon, Stone Harbor and Sea Isle City - Bill and Kay have you covered.

Take advantage of their local real estate market knowledge and expertise to find the home or vacation property of your dreams! 100% of their energies will be devoted to finding just the right property for you.

Want to tour a property or are ready to list your home? Contact us today!

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Copyright © 2021 William Leahy & Kay Leahy · Long & Foster · Avalon, NJ · Homes and Real Estate

William J. Leahy - Broker-Sales Associate | bill@bleahy.com | Cell: 609-827-4405
Kay F. Leahy, GRI - Broker-Sales Associate | kay.leahy@longandfoster.com | Cell: 609-827-4406
Long & Foster Real Estate, Inc | 2997 Dune Dr - Avalon, NJ 08202 | Office: 609-967-3001 or Toll Free 1-800-967-7796

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Not every home listed as sold on this site has been sold by William or Kay Leahy or Long & Foster

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