Is Avalon, NJ 08202 a buyer’s or seller’s market?
Avalon is a seller’s market. With about 3.2 months of supply and 8% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.2Under 4 months = seller’s market
Sold above original list7.7%Share of sales, last 3 months
Median sale-to-list96.1%Sold price ÷ list price
Median days on market61Listing to accepted offer
Median price per sq ft$1,427▲ +20.4% vs. last year
Run the numbers for 08202
Nearby markets
Cape May 08204Seller’s market $536 /sq ftCape May Court House 08210Seller’s market $283 /sq ftCape May Point 08212Seller’s market $973 /sq ftMarmora 08223Seller’s market $272 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology