Avalon and Stone Harbor Weekly Update August 17, 2023

Boats of all types and sizes are found cruising local waterways during summer evenings.

HAZY, HOT, & HUMID! The past several days have brought very typical summer weather—hazy, hot, & humid during the day, with a chance of thunderstorms in the later afternoons or early evenings. The outlook is much the same for the next several days. When we’re lucky enough to get an afternoon seabreeze, it brings welcome relief in the form of a noticeable temperature reduction!

MARKET STATS: 23 new purchase contracts were written during the month of July (up 5% over last July) while 22 new listings hit the market (down 29% from last July.) The median sale price was $1,900,000. For a detailed look at the market, see the latest Long & Foster Market Minute Report: https://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.pdf

THE MIDATLANTIC TOURNAMENT will take place from August 20^th through 25th, as dozens of sportfishing vessels converge on Cape May as well as Ocean City, MD, to fish in the annual event. Captains’ meetings, weigh ins, and celebrations take place dockside, but the real action is in the offshore canyons, typically 65 to 75 miles from land, where crews do battle with each other to land “the big one.” Anglers will compete in a variety of categories, including blue marlin, white marlin, tuna, wahoo, and dolphin (mahi mahi). In addition to the tournament fee boats participate in “calcuttas” with prizes often worth hundreds of thousands of dollars. Last year “Low Profile”, captained by local Avalon fisherman Joe Trainor, won the blue marlin category!

AVALON HODGE PODGE has announced it will be closing at the end of the season, after 25 years of bait & tackle sales. While many local fishers will miss the shop, you can still visit and purchase bait, tackle, ice, and marine supplies for the next few weeks. Everything (except bait & ice) is on sale through September 4th! Visit Avalon Hodge Podge at 24^th Street & Ocean Drive.

GOTTA DO IT: WINE AND BEER TASTING. If you enjoy trying new craft beers and tasting wine, Cape May County offers numerous options! Our local breweries have many favorites on tap, plus seasonal offerings, while our local wineries offer tastings plus bottles for purchase. Make an afternoon of it! Here are some places to check out:

Local Breweries:

Ludlam Island Brewery
Slack Tide Brewing Company
Bucket Brigade Brewery
Coho Brewing Company
Anglesea Aleworks
MudHen Brewing Company
Behr Brewing
Cape May Brewery
Cold Spring Brewery
Gusto Brewing Company

Local Wineries:

Natali Vineyards
Jessie Creek Winery
Hawk Haven Vineyard & Winery
Cape May Winery
Turdo Vineyards & Winery
Willow Creek Winery & Farm

OUR SALE MARKET remains active with properties steadily being placed under contract, as new listings hit the market. While higher interest rates have had an effect on purchase demand, many transactions are cash purchases. From two-bedroom getaway condos, to luxury townhomes, to grand single-family homes on the beach, chances are we’ve got the right property for you! Email or call me—we can discuss prices and availability, financing options, potential rental income to help cover expenses, and more!

UPCOMING EVENTS:

Thursdays at Surfside—Parrotbeach. Thursday, August 17^th, 7pm.
Friday Nights at Surfside—Royal Princess Showcase. Friday, August 18^th, 6:30pm.
SHPOA Harbor Hustle, 5k run, 1M run, 1M walk. Sunday, August 20^th, beginning at 7:30am. Sign up here: https://runsignup.com/Race/NJ/StoneHarbor/SHPOAHarborHustle?fbclid=IwAR29Wgux5CpMbggWrPO_k2o3y_zqmaFX3eT6s7YklKxDT3bIXaC0m4dCx08
Monday Funday: Turtlesinger. Avalon Free Public Library, Monday, August 21^st, 10am.
Tuesdays at the Tower: Fat Mezz. Tuesday, August 22^nd, 7pm.
Beach Movie: The Little Giants. 30^th Street Beach, Tuesday, August 22^nd, dusk.
6^th Annual Stone Harbor Museum Tour Through Time Gala, The Reeds at Shelter Haven. Tickets $150 per person. Wednesday, August 23^rd, 5pm to 8pm. Please call 609-368-0100.
Thursdays at Surfside: Bell Bottom Blues, A Clapton Tribute. Thursday, August 24^th, 7pm.
Merchant’s Day Sidewalk Sale, Stone Harbor Business District. Shop, dine, enjoy! Saturday, August 26^th, 9am to 7pm.
Harbor Bike & Beach End-of-Season rental bike sale, Saturday, August 26^th, 9am.
Symphony at Surfside—Bay Atlantic Symphony. Surfside Park, Sunday, August 27^th, 7pm.
Tuesdays at the Tower: The Seabillys, Tuesday, August 29^th, 7pm.
Airfest, Naval Air Station Wildwood Museum. Displays, tours, performances, beer & wine. Friday-Monday, September 1^st-4^th. Visit https://usnasw.org/airfest-2023/ for info.
Pebbles Guest House Cocktail Reception. See the restored Pebble Guest House! Saturday, September 2^nd, 4pm to 6pm. For tickets visit https://www.stoneharbormuseum.org/pebbles-house-tour/
Tuesdays at the Tower: NJ British Invasion. Tuesday, September 5^th, 7pm.
Stone Harbor Savor En Blanc, Friday, September 22^nd.
Savor September, Wine Beer, & Food Festival. Live music & entertainment, regional beer & wine, food, artisans. Downtown 96^th Street, Saturday, September 23^rd, 11am to 7pm.
“The Fabulous Greaseband,” Avalon Community Hall, Saturday, September 23^rd, 6pm (DJ Joel Stephens pays tribute to Jerry; 8pm, The Greaseband. Tickets go on sale starting Friday, August 18^th at Avalon Community Hall.
Avalon Fall Dune Grass Planting, Saturday, October 21^st, 8:30am.

WEEKLY EVENTS:

Stone Harbor Farmers Market, under the Water Tower, Sundays, 8am to 12:30pm.
Tuesdays at the Tower, summer concert series.
Crafty Wednesdays, Avalon Free Public Library, 10am.
Dune Walks, guided by the Wetlands Institute, every Wednesday, 48^th Street beach path, 9:30am, through August 30^th.
LEGO Thursdays, Avalon Free Public Library, 10am.
Thursdays at Surfside, weekly concerts at Surfside Park, Avalon, Thursdays, 7pm.
Thursdays on the Lawn, free weekly concerts, 7pm, St. Mary’s Episcopal Church, 95^th Street & Third Avenue.

New Listings:

492 20th Street, East, Avalon, $1,695,000, ACTIVE MLS#: 2320942507 Dune Drive, 2507, Avalon, $1,995,000, ACTIVE MLS#: 232143

231 98th Street, Stone Harbor, $2,975,000, ACTIVE MLS#: 232133

590 24th Street, Avalon, $2,995,000, ACTIVE MLS#: 232153

56 W 24th Street, Avalon, $3,250,000, ACTIVE MLS#: 232148

2988 1st Avenue, Avalon, $3,699,000, ACTIVE MLS#: 232103

11200 2nd, Stone Harbor, $4,495,000, ACTIVE MLS#: 232128

280 36th Street, Avalon, $4,850,000, ACTIVE MLS#: 232154

576 7th Street, Avalon, $7,900,000, ACTIVE MLS#: 232145

5 W 32nd Street, Avalon, $11,855,000, ACTIVE MLS#: 232138

Properties Under Contract:

125 80th Street, B-1, Avalon, $1,300,000, UNDER CONTRACT MLS#: 231838

2159 Sixth Avenue, Avalon, $1,690,000, UNDER CONTRACT MLS#: 232085

403 7th Street, Avalon, $2,350,000, UNDER CONTRACT MLS#: 230421

211 65th Street, Avalon, $3,295,000, UNDER CONTRACT MLS#: 231555

395 20th Street, 395, Avalon, $3,999,000, UNDER CONTRACT MLS#: 231318

526 7th Street, Avalon, $7,500,000, UNDER CONTRACT MLS#: 223542

Properties Sold:

264 34th Street, East, Avalon, $1,510,000, SOLD MLS#: 230899

171 24th Street, Avalon, $4,400,000, SOLD MLS#: 230105

271 47th Street, Avalon, $4,550,000, SOLD MLS#: 230654

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