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