| |
Market Reports
YEAR END
SOLD MARKET ANALYSIS
Single Family By Location 2006-2007
|
Sales |
|
Avg. Price |
|
Median Price |
| |
2006 |
2007 |
2006 |
2007 |
2006 |
2007 |
| Beachfront |
|
|
|
|
|
|
| Avalon |
9 |
3 |
5,152,777 |
6,875,000 |
4,600,000 |
4,450,000 |
| Stone Harbor |
2 |
4 |
4,975,000 |
4,273,750 |
4,975,000 |
4,072,500 |
| TOTAL |
11 |
7 |
5,120,545 |
5,388,571 |
4,700,000 |
4,450,000 |
| |
|
|
|
|
|
|
| Beachblock |
|
|
|
|
|
|
| Avalon |
8 |
22 |
2,871,875 |
2,688,682 |
2,937,500 |
2,625,000 |
| Stone Harbor |
7 |
2 |
2,866,428 |
3,212,500 |
3,200,000 |
2,312,500 |
| TOTAL |
15 |
24 |
2,869,333 |
2,732,333 |
3,200,000 |
2,625,000 |
| |
|
|
|
|
|
|
| Bayfront |
|
|
|
|
|
|
| Avalon |
20 |
14 |
3,499,700 |
2,894,643 |
3,284,500 |
3,000,000 |
| Avalon Manor |
1 |
2 |
975,000 |
1,000,000 |
975,000 |
1,000,000 |
| Stone Harbor |
4 |
9 |
3,233,750 |
2,706,778 |
2,957,500 |
1,950,000 |
| Stone Harbor Manor |
1 |
1 |
310,000 |
725,000 |
310,000 |
725,000 |
| |
|
|
|
|
|
|
| TOTAL |
26 |
26 |
3,356,100 |
2,392,731 |
3,172,000 |
2,450,000 |
YEAR END SOLD MARKET ANALYSIS
By Location & Price 2006-2007
| Price Range |
Sales |
| |
2006 |
2007 |
| Beachfront |
|
|
| $2 million - $2,999,999 |
0 |
1 |
| $3 million - $3,999,999 |
3 |
0 |
| $4 million - $4,999,999 |
3 |
4 |
| $5 million and up |
5 |
3 |
| Total |
11 |
8 |
| |
|
|
| Beachblock |
|
|
| Up to $2 million |
3 |
3 |
| $2 million - $2,999,999 |
4 |
11 |
| $3 million - $3,999,999 |
8 |
7 |
| $4 million - $4,999,999 |
0 |
2 |
| $5 million and up |
0 |
1 |
| Total |
15 |
24 |
| |
|
|
| Bayfront |
|
|
| Up to $2 million |
6 |
12 |
| $2 million - $2,999,999 |
6 |
6 |
| $3 million - $3,999,999 |
7 |
6 |
| $4 million - $4,999,999 |
4 |
1 |
| $5 million and up |
3 |
1 |
| Total |
26 |
26 |
|
|
|
|
|
|
|
YEAR END SOLD MARKET ANALYSIS
Total Market Price Summary 2006-2007
|
All Single-Family Market At A Glance |
 |
12%
|
|
|
2006 vs. 2007 |
 |
6%
|
|
|
|
|
|
|
|
Good News!
All available inventory
is down nearly 10%
since October 2007
|
|
| |
|
|
|
|
| Market Price |
Sales |
| 2006 |
2007 |
| Single Family |
|
|
| Up to $1 million |
27 |
42 |
| $1 million - $2 million |
75 |
73 |
| $2 million - $3 million |
27 |
33 |
| $3 million - $4 million |
21 |
19 |
| $4 million and up |
15 |
8 |
| |
|
|
| Condo/Townhouse |
|
|
| Up to $500,000 |
37 |
53 |
| $500,000 - $700,000 |
66 |
120 |
| $700,000 - $1 million |
79 |
88 |
| $1 million and up |
18 |
20 |
| |
12 |
14 |
|
YEAR END SOLD MARKET ANALYSIS
| |
Units |
Avg. Price |
Median Price |
| 2006 |
406 |
1,389,000 |
968,000 |
| 2007 |
498 |
1,192,000 |
837,000 |
| |
|
|
|
YEAR END SOLD MARKET ANALYSIS
Number of Sales 2006-2007
|
Year |
Units Sold |
Avg. Sale Price |
+941% |
|
2007 |
165 |
$1,613,000 |
|
2006 |
158 |
$1,883,000 |
|
2005 |
302 |
$1,458,342 |
|
2004 |
351 |
$1,348,000 |
|
2003 |
313 |
$988,191 |
|
2002 |
344 |
$756,565 |
|
2001 |
245 |
$711,553 |
|
2000 |
314 |
$665,200 |
|
1999 |
348 |
$455,100 |
|
1998 |
348 |
$357,500 |
|
1997 |
354 |
$356,300 |
|
1996 |
290 |
$285,451 |
|
1995 |
262 |
$303,111 |
|
1994 |
214 |
$285,498 |
|
1993 |
202 |
$305,715 |
|
1992 |
230 |
$300,807 |
|
1991 |
220 |
$303,790 |
|
1990 |
224 |
$339,660 |
|
1989 |
256 |
$318,270 |
|
1988 |
389 |
$281,370 |
|
1987 |
315 |
$214,750 |
|
1986 |
286 |
$191,450 |
|
1985 |
231 |
$267,450 |
|
1984 |
226 |
$158,890 |
|
1983 |
228 |
$158,160 |
|
1982 |
233 |
$154,890 |
|
|
|
| Number of Sales |
2006 |
2007 |
| Single Family |
|
|
| Avalon |
106 |
99 |
| Avalon Manor |
2 |
3 |
| Sea Isle City |
14 |
11 |
| Stone Harbor |
43 |
60 |
| Stone Harbor Manor |
1 |
3 |
| TOTAL |
166 |
176 |
| |
|
|
| Condo/Townhouse |
|
|
| Avalon |
40 |
63 |
| Sea Isle City |
136 |
213 |
| Stone Harbor |
33 |
20 |
| Stone Harbor Manor |
2 |
3 |
| TOTAL |
211 |
299 |
|
Average Price |
2006 |
2007 |
| Single Family |
|
|
| Avalon |
2,383,793 |
2,092,338 |
| Avalon Manor |
871,500 |
853,333 |
| Sea Isle City |
998,837 |
1,003,132 |
| Stone Harbor |
2,260,221 |
1,984,000 |
| Stone Harbor Manor |
310,000 |
595,000 |
| OVERALL AVG. |
2,204,269 |
1,942,271 |
| |
|
|
| Condo/Townhouse |
|
|
| Avalon |
884,000 |
843,000 |
| Sea Isle City |
805,000 |
731,000 |
| Stone Harbor |
676,174 |
596,000 |
| Stone Harbor Manor |
765,000 |
862,000 |
| OVERALL AVG. |
799,481 |
747,000 |
|
Median Price |
2006 |
2007 |
| Single Family |
|
|
| Avalon |
1,864,000 |
1,795,000 |
| Avalon Manor |
871,500 |
560,000 |
| Sea Isle City |
950,000 |
815,000 |
| Stone Harbor |
1,900,000 |
1,617,000 |
| Stone Harbor Manor |
310,000 |
560,000 |
| TOTAL |
1,800,000 |
1,595,000 |
| |
|
|
| Condo/Townhouse |
|
|
| Avalon |
750,000 |
843,000 |
| Sea Isle City |
775,000 |
703,000 |
| Stone Harbor |
640,000 |
604,000 |
| Stone Harbor Manor |
765,000 |
860,000 |
| TOTAL |
760,000 |
705,000 |
|
Average Days on Market |
2006 |
2007 |
| Single Family |
|
|
| Avalon |
212 |
223 |
| Avalon Manor |
270 |
285 |
| Sea Isle City |
195 |
160 |
| Stone Harbor |
202 |
263 |
| Stone Harbor Manor |
316 |
130 |
| TOTAL AVERAGE |
209 |
232 |
|
|
|