The Burke & Co. Weekly Market Report for Avalon, Sea Isle, and Stone Harbor– Week Ending June 5, 2021
What a difference a year can make. This week we thought it might be enlightening to take a look at the sales for the month of May in one of our shore towns from May 2020 and from May 2021. Let’s take a peek at Sea Isle.
In May of 2020, 17 homes sold and settled. The mean average home sale price was just over $921,000 and the median average was $825,000. There was a 1 BR unit on the 100 block of 85th that was the lowest priced sale for $255,900. The highest priced sale was for a beachfront townhouse at 12 83rd St. for $1.82 million. You can see all the homes sold with this link here: https://s.paragonrels.com/goto/IIrDsB
Let’s look at May of 2021. 28 homes settled. The mean average sold price was a little more than $1,345,000 and the median average price was $1,290,500. We had a 1 BR unit on 41st and Central sell for $305,000. Our highest sale was a single on the bay on 45th for $3.9 million. A beachfront townhouse on 52nd St. sold for $2.4 million. All the homes sold can be seen with this link: https://s.paragonrels.com/goto/IIrMdf
We leave without comment. Take from it what you will. And of course, you can see everything listed, sold, or put under contract last week in SIC, Avalon, or Stone Harbor with the links below.
If you are ready to start your plans to buy or sell, call us at our team line at 609-478-0333 or email [email protected]
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