Real Estate Insider - June 2020 Edition

Welcome Back!

We are so happy to be moving on to Stage 2 of the 'The Road Back' in the next few weeks! The beaches are open, the sun is out, the weather is beautiful and it's really starting to feel like summer. Making plans for this season's beach getaway may have been delayed but don't worry - it's not too late! Call (609) 967-0289 to speak to an expert agent or contact us online today and we can find the perfect vacation rental (or something a little more permanent!) for you.

Stone Harbor Boot Camp Begins Outside Program

Stone Harbor Boot Camp is now open and running outdoor workout sessions! Learn more by clicking here .

New Jersey Wineries to Reopen on June 15th!

Wineries around New Jersey are opening on June 15th! Visit newjerseywines.com for the most current information on events and to find the best locations near Avalon and Stone Harbor.

Tennis and Pickleball Operations Begin to Open

As of June 1st, the tennis and pickleball facilities at both 8 ^th Street and 39 ^th Street in Avalon will partially reopen per the Mayor’s directive.

Avalon Library Offers Virtual Programs

The Avalon Free Public Library has converted many of its programs and workshops into virtual meetings that you can participate in from home.

The May Market Report

Happy June! We made it to warm weather days and summer is just around the corner. For those of you who are here, WELCOME HOME! For those of you on your way, WE CAN’T WAIT TO SEE YOU!

Everything always seems better at the beach. Truer words were never spoken when someone said, “A bad day at the beach is better than a good day anywhere!” May definitely turned the corner in many ways with leases up 120% over last year! Everyone is planning a summer vacation that is familiar and within driving distance. SO, here we are – Seven Mile Island.

For those who put off purchasing, things really stepped up in May. Last month was the second highest producing May in the history of Seven Mile Island sales. 35 homes went under contract, compared to May 2015, which had 38. This is great news and a sign of a great selling season to come.

We are selling oceanfront homes for $8.0+, beach block homes $5.0+, Bayfront homes $6.0+, condos for $.650-$.8, townhomes for $.850-$1.2 and inside single homes $1.4-$3.2. If there is inventory to sell, the category is active!

Interest rates are still attractive, too. As of June 4 ^th they were 3.125% for jumbo financing! So if you are ready to take the step towards home ownership call me today. I will find the home of your dreams and if ever there was a time, it's now! Be safe, well and happy.

All the best ,

Holly C. Rennie

YTD Sales Transactions Recap - Avalon

YTD Sales Transactions Recap - Avalon & Stone Harbor

Current Inventory Of Active Listings

Questions about the current market? Our team is here with answers!

Our Featured Listings

10014 Sunset Drive

Stone Harbor

4 Bed | 2 Bath | Coming To Market Soon!

If you are looking for the ideal location in Stone Harbor, you have found it at 10014 Sunset Drive. Situated across from the bay, this brand new home offers the ideal location, floor-plan, amenities and views for your vacation. Two bedrooms are offered on both floors for a total of four and are mirror images. There are two lovely tiled baths, one per floor. The first floor great room has a wonderful custom kitchen that any chef will enjoy, a center island certain to be the entertaining spot of the home, and a large dining table for gathering around, sharing a family meal, or playing a game of cards. The nicest feature on this floor is the spacious covered porch, where you can relax and enjoy the bay view while having a meal outside. The second floor offers a wide open living area complete with full wet bar. This room is set up with lounging in mind and opens up to another spacious cover porch which can be set up as an outside living area. The back yard is bordered by trees and the perfect spot for unwinding at the end of a beach day. Last but not least, the roof top deck, the ideal hideaway and place to watch Stone Harbor's amazing sunsets! Plenty of space for furniture too. Don't miss out on this once-in-a-lifetime destination home!

286 16th Street, #3

Avalon

3 Bed | 2.5 Bath | Amazing Value

This comfortable well located townhome presents a great opportunity for you and your family to enjoy and or lease to others. Four blocks or less in any direction place you right where you and your family want to be. Convenient to town and your favorite restaurants and shops as well as family recreation, you will park your car and leave it while enjoying time on the island. Moran s dockside marina is just a block away if spending time on the bay is on your wish list and uncrowded beaches are yours at the end of 16th street. The two story floor plan provides lots of privacy for you and your family. All of the bedrooms are on the first floor with a large master bedroom with private updated bath in the front of the condo while the two guest rooms sharing an updated hall bath sit in the back of the home. The entire second floor hosts the living dining and kitchen area all with hardwood flooring. The updated kitchen has granite counters complimenting newer cabinetry and tiled backsplash along with stainless steel appliances. Enjoy the view of the bay from your covered front deck off the living room. Each home owner has their own assigned storage area and parking. Two enclosed outside showers are shared by the 6 home owners. The entire building has a low maintenance exterior with vinyl CertainTeed siding, vinyl railing system on composite decking. This home is a consistently successful vacation rental home as well as enjoyed by the home owner generating in excess of $23,000 in rents. This is a wonderful opportunity to start your home ownership in Avalon!