The Shore’s contract pipeline kept growing after Labor Day.

Seven properties across Ocean City, Sea Isle City, Avalon, Stone Harbor and Cape May went under contract from Sept. 7 through Sept. 11.

Their last asking prices totaled $24.81 million.

Avalon supplied three contracts carrying $12.87 million in combined asking prices.

The largest, 6188 Dune Drive, found a buyer after 15 days at $5.995 million. A six-bedroom home at 169 16th Street followed at a $5.1 million ask after 91 days.

Avalon’s third contract came at 399 24th Street. The three-bedroom condominium carried a $1.775 million asking price and spent 23 days on the market.

Stone Harbor supplied the longest-running listing in the group.

The five-bedroom home at 8600 Second Avenue went under contract at $5.295 million after 293 days.

Together, the three properties asking at least $5 million carried $16.39 million — 66% of the group’s combined value.

The remaining markets supplied faster deals.

Ocean City’s 1574 Pleasure Avenue entered contract after six days with a $2.9999 million ask.

In Sea Isle City, the west unit at 134 74th Street needed four days to secure a buyer at $1.95 million.


CONTINUE YOUR BRIEFING


Cape May completed the sweep. The condominium at 901 Stockton Avenue went under contract after 18 days with a $1.695 million asking price.

The seven properties found buyers after a median of 18 days on the market.

But the range — from four days in Sea Isle to 293 in Stone Harbor — shows buyers moving across the inventory stack.


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One response to “Seven Shore Contracts Carry $24.8M Beyond Labor Day”

  1. […] Seven Shore Contracts Carry $24.8M Beyond Labor Day […]

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