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Avalon and Stone Harbor Weekly Update March 18, 2021

March 18, 2021 By Bill and Kay Leahy


A clammer works a mud flat at low tide behind Stone Harbor.

THE HOUSING BOOM…THIS TIME IT’S DIFFERENT:  The Wall Street Journal reports that the current real estate market “is the inverse of the previous boom…in nearly every meaningful way.” (WSJ, March 15, 2021).  Among the factors cited are larger down payments and tighter credit standards than before; limited supply of housing versus too much new construction last time; demand this time around is driven by Covid and a new focus on where we live, including renovations for more space or vacation home purchases.  Read the full article here:  https://www.wsj.com/articles/the-pandemic-ignited-a-housing-boombut-its-different-from-the-last-one-11615824558?st=u3lci7gz7o89w5s&reflink=desktopwebshare_permalink

ROCKET LAUNCH IN FLORIDA? CATCH IT AT THE JERSEY SHORE!  Yes, the recent SpaceX rocket launched from Cape Canaveral was visible from the Jersey Shore and caught by photographer Jennifer Khordi as it passed!  Six of Jennifer’s incredible photos are here:

https://www.nbcphiladelphia.com/news/local/photos-spacex-rocket-lights-up-the-jersey-shore-sky-in-awe-inspiring-spectacle/2741107/

WHERE CAN YOU FIND A SNOW LEOPARD, a black bear, an African bison, and an elk?  Right in Cape May County, of course, at the Cape May County Park & Zoo!  An 8-year-old female snow-leopard named Maliha is the latest addition to the zoo, joining an enormous variety of residents.  The zoo is widely regarded as a local treasure, open 10am to 4pm daily, and is free to visit (donations are appreciated!)  Spend an hour or spend a day, at any time of year–and be sure to bring your camera!

AVALON, THEN & NOW: Those who enjoy Avalon’s history will enjoy this two-minute video showing old Avalon scenes, overlayed with the views from the same locations today.  Some vintage structures are still visible today, while others have been overtaken with newly constructed homes.  Check out the video:  https://www.youtube.com/watch?app=desktop&v=TFg44yBTS_c

THE STONE HARBOR SHIVER takes on a new format this year, reincarnated as the Virtual Shiverrr & Shake.  Sign up and then jump in the ocean between March 20th and May 2nd, then post your selfies to the event’s Facebook page.  Registration is available from $25 to $45, depending upon the type of entry and whether you prefer a long sleeve tee or a hoodie to wear to keep warm after your plunge!  Register here https://www.active.com/stone-harbor-nj/water-sports/swimming/stone-harbor-shiverrr-and-shake-2021 then post your selfies here: https://www.facebook.com/Stone-Harbor-Shiver-151496298199066/?ref=page_internal

New Listings:

55 W. 32nd Street, 1A, Avalon, $940,000, ACTIVE MLS#: 210907

268 25th Street, Avalon, $2,549,000, ACTIVE MLS#: 210918

178 39th Street, Avalon, $2,995,000, ACTIVE MLS#: 210881

5 W. 32nd Street, Avalon, $3,695,000, ACTIVE MLS#: 210888

Properties Under Contract:

7888 Dune Drive, 101, Avalon, $310,000, UNDER CONTRACT MLS#: 210857

700 First Avenue, 315, Avalon, $445,000, UNDER CONTRACT MLS#: 210804

8001 Second Avenue, 107, Stone Harbor, $629,000, UNDER CONTRACT MLS#: 210783

7929 Dune Drive, 112 & 114, Avalon, $765,000, UNDER CONTRACT MLS#: 210073

18 Marine Way, 18, Avalon, $1,295,000, UNDER CONTRACT MLS#: 210892

140 84th Street, Stone Harbor, $1,949,000, UNDER CONTRACT MLS#: 203113

4010 Dune Drive, Avalon, $2,379,000, UNDER CONTRACT MLS#: 204047

10 W. 8th Street, Avalon, $3,300,000, UNDER CONTRACT MLS#: 190258

99 E. 27th Street, Avalon, $4,950,000, UNDER CONTRACT MLS#: 210803

Properties Sold:

584 Avalon Boulevard, Avalon Manor, $150,000, SOLD MLS#: 188416

9 Leonard Lane, Avalon Manor, $850,000, SOLD MLS#: 210190

309 80th Street, 0, Avalon, $2,025,000, SOLD MLS#: 204809

10705 Second Avenue, Stone Harbor, $2,345,000, SOLD MLS#: 203310

158 10th Street, Avalon, $2,900,000, SOLD MLS#: 210150

455 24th Street, Avalon, $3,299,900, SOLD MLS#: 210320

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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 homes in all of 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 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!

Copyright © 2022 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

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