AVALON, NJ PAST YEAR COMPARISONS:

RESIDENTIAL: 2005 2006 2007 2008 2009 2010

TOTAL SALES: 159 106 92 100 85 87

 

New Construction 13 22 18 13 14 9

 

AVERAGE

LIST Price: $2,230,949. $2,548,689. $2,346,074. $2,216,650. $1,664,735. $1,837,699.

AVERAGE

SOLD Price: $2,132,769. $2,383,793. $2,034,541. $1,837,592. $1,384,278. $1,488,340.

 

% SOLD Price

To LIST Price: 5% 7% 13% 17% 17% 19%

 

TOTAL SALES VOLUME

$268,582,849. $251,081,600. $194,144,966. $198,846,715. $136,922,800. $129,889,031.

 

Average Days on MKT 174 212 219 354 261 302

 

CONDO-

TOWNHOUSE: 2005 2006 2007 2008 2009 2010

TOTAL SALES: 107 41 58 53 68 60

New Construction 8 8 10 2 21 3

AVERAGE

LIST Price: $745,276. $919,445. $939,442. $985,831. $737,323. $755,803.

AVERAGE

SOLD Price: $745,846. $883,707. $844,932. $820,250. $606,171. $629,101.

% SOLD Price

To LIST Price: 100% 4% 10% 17% 18% 17%

TOTAL SALES

Volume: $78,395,765. $35,348,299. $53,132,012. $46,040,681. $42,210,453. $39,001,100.

 

Average Days on MKT 157 200 242 261 303 325

 

AVALON, NJ TOTAL SALES: 2005 2006 2007 2008 2009 2010

(ALL CLASSES) 280 152 170 168 160 156

RESIDENTIAL

LOTS/LAND

COMMERCIAL

MULTI-FAMILY

CONDO/TOWNHOUSE

NOTE: All sale statistics are based upon information submitted to our Cape May County Board of Realtors MLS Service. Date Prepared 1/11/2011.