2009 AVALON PAST YEAR-END COMPARISONS:

 

RESIDENTIAL:               2005                 2006                 2007              2008                  2009

 

TOTAL SALES:                159                   106                    92                 100                     85

 

AVERAGE List Price:  $2,230,949.     $2,548,689.     $2,346,074.     $2,216,650.     $1,664,735.

 

AVERAGE Sale Price: $2,132,769.     $2,383,793.     $2,034,541.     $1,837,592.     $1,384,278.

 

% Sale Price to List Price:   5%                 7%                   13%              17%                   17%

 

Total Sale Volume:$268,582,849.  $251,081,600.  $194,144,966.  $198,846,715. $136,922,800.

 

Average Days on Market:    174                212                   219                 354                      261

 

CONDO-

TOWNHOUSE:                 2005                2006                2007                2008                    2009

 

TOTAL SALES:                 107                    41                    58                   53                         68

 

AVERAGE List Price:  $745,276.         $919,445.        $939,442.         $985,831.        $737,323.

 

AVERAGE Sale Price:  $745,846.        $883,707.        $844,932.         $820,250.        $606,171.

 

% Sale Price to List Price:   100%              4%                10%                   17%                  18%

 

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

 

Average Days on Market:      157                 200                242                  261                      303

 

AVALON TOTAL SALES:     2005            2006              2007                2008                   2009

(All Classes)                                280               152                170                 168                    160

RESIDENTIAL

LOTS/LAND

COMMERCIAL

MULTI-FAMILY

CONDO/TOWNHOUSE                     

 

Note: All sales statistics are based upon information submitted to our Greater Cape May

          County Board of Realtors.

1/7/2010