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Avalon and Stone Harbor Weekly Update May 23, 2024

May 22, 2024 By Bill Leahy

Sales, listings, and the median price all increased versus last year. 

MARKET STATS: The number of units sold, the number of active listings, and the median sale price all increased during the month of April versus a year ago.  Factors driving the market include purchase demand (which has softened somewhat but continues to be strong), the supply of listings (which has increased slightly but is still about where it was two years ago), and interest rates (which are up versus a year ago but holding steady.)  For a detailed look at the market see the latest Long & Foster Market Minute report here: https://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.htm

AVALON’S SAND BACKPASSING PROJECT is underway with sand stockpiled in the borrow area around 32nd Street.  That sand will be transported to north end beaches from 9th to 16th Streets to repair winter erosion.  No sand will be transported during the holiday weekend.  Beach paths from 10th Street to 15th Street will remain closed through the weekend until they can be repaired, however all beaches will remain open.

A DOLPHIN has been sighted in a tidal creek in Cape May Court House, more than a two-mile swim from where the creek enters the Delaware Bay.  The dolphin first appeared in the creek several days ago, and people have been stopping by to view it as it swims and feeds in the creek. Earlier this week the Marine Mammal Stranding Center was formulating a plan to help the dolphin back to the deeper waters of the Delaware Bay.  Meanwhile, Cape May Whale Watcher has reported numerous sighting of dolphins and calves on their daily dolphin watching trips in Delaware Bay and the ocean.

LAST CALL FOR PRE-SEASON BEACH TAGS!  Beach tags can be purchased at pre-season prices through May 31st!  Tags can be purchased online at https://jersey-cape-tags.myshopify.com/collections/currentbeachtagsbadges  If you’re already in town you can purchase them in Avalon at the Beach Tag Booth at 30th Street & the beach.  In Stone Harbor visit the Beach Tag Booth at 95th Street & the beach.

THIS MEMORIAL DAY take a moment to remember those who gave up their freedom to protect ours.  Avalon and Stone Harbor will offer parades and memorial services to honor our nation’s fallen heroes. See below for times and locations.

UPCOMING EVENTS:

  • Memorial Day Weekend begins!  Friday, May 24th.
  • Stone Harbor Official Beach Opening & Color Run, Saturday, May 25th, 8am registration, run begins at 9am.
  • David Wight Glass Sculptures at Ocean Galleries, 9618 Third Avenue, Friday & Saturday, May 25th & 26th.
  • Turtle Trot 2024: 5k run/2-mile walk.  Sunday, May 26th, 8am.  Register at https://raceroster.com/events/2024/85176/stone-harbor-turtle-trot-5k
  • Stone Harbor Farmers Market Opening Day, 95th Street Water Tower Plaza, Sunday, May 26th 8am to 12:30pm.
  • Strawberry Festival: Sweet Jersey strawberry desserts & Springer’s ice cream.  St. Mary’s Parish Hall, 95th Street & Third Avenue, Sunday, May 26th, 6pm to 8pm.
  • Memorial Day Parade & Ceremony, Avalon.  Parade steps off promptly at 9am at 32nd Street & Dune Drive and proceeds north to Veteran’s Plaza; ceremony at Veteran’s Plaza at the conclusion of the parade.  Monday, May 27th.
  • Memorial Day Ceremony & Parade, Stone Harbor.  Memorial Service for Fallen Heroes at Freedom Park, adjacent to the firehouse, Monday, May 27th 10am.
  • American Legion Memorial Day Parade, 96th Street, Monday, May 27th 11am.
  • Memorial Day Ceremony, Women’s Civic Club of Stone Harbor, Monday, May 27th, 11:30am.
  • Ceremony & Open House, American Legion Post 331, Monday, May 27th, 1pm.

New Listings:

351 96th Street, 115, Stone Harbor, $599,900, ACTIVE MLS#: 241410

1719 Ocean Drive, 7, Avalon, $1,150,000, ACTIVE MLS#: 241456

275 92nd Street, East, Stone Harbor, $1,749,000, ACTIVE MLS#: 241432

2188 Harbor Ave, Avalon, $2,895,000, ACTIVE MLS#: 241454

245 57th Street, Avalon, $4,295,000, ACTIVE MLS#: 241415

43 E 26th Street, Avalon, $6,299,000, ACTIVE MLS#: 241408

95 E 11th Street, Avalon, $8,500,000, ACTIVE MLS#: 241393

Properties Under Contract:

7800 Dune Drive, 122, Avalon, $430,000, UNDER CONTRACT MLS#: 240442

1710 Avalon Avenue, Avalon, $3,995,000, UNDER CONTRACT MLS#: 241204

412 42nd Street, Avalon, $8,449,000, UNDER CONTRACT MLS#: 240373

93 E 17th Street, Avalon, $12,500,000, UNDER CONTRACT MLS#: 240590

Properties Sold:

7929 Dune Drive, 304, Avalon, $585,000, SOLD MLS#: 240723

700 First Avenue, The Avalon Condominiums, Avalon, $1,195,000, SOLD MLS#: 241168

117 94th Street, Stone Harbor, $3,850,000, SOLD MLS#: 232506

1559 First Avenue, Avalon, $4,472,500, SOLD MLS#: 240012

212 105th Street, Stone Harbor, $4,600,000, SOLD MLS#: 240876

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

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Copyright © 2025 William Leahy · Long & Foster · Avalon, NJ · Homes and Real Estate

William J. Leahy - Broker-Sales Associate | bill@bleahy.com | Cell: 609-827-4405
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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