Market Report! Here’s a quick rundown of most of Cape May County for the month of September 2020. Included is new listings, sold properties, and total active listings at the beginning of October 2020.
Cape May + West Cape May + Cape May Point Areas
48 Total Active Listings as of August 31st (+8 vs last month)
Median Price of $1,150,000
Median Days on market = 40 Days
23 New Listings (+1 vs last month)
Median Price of $1,099,000
19 Sold Houses (-11 vs last month)
Median Price of $775,000
Lower Township Area
97 Active Listings as of August 31st (+3 vs last month)
Median Price of $327,500
Median Days on Market = 39
49 New Listings (-8 vs last month)
Median Price of $375,000
79 Sold Houses (+12 vs last month)
Avg Price of $274,900
Middle Township Area
105 Total Active Listings as of August 31st (-2 vs last month)
Median Price of $289,950
Median Days on Market = 69 Days
34 new Listings (-17 vs last month)
Median Price of $282,000
44 Sold Houses (-6 vs last month)
Median Price of $262,500
The Wildwoods & Diamond Beach Areas
39 Total Active Listings as of October 7th (-5 vs. last month)
Median Price of $549,900
Median Days on Market = 41 Days
15 New Listings (+11 vs last month)
Median Price of $599,000
18 Sold Houses (-11 vs last month)
Median Price of $470,000
Upper Township, Dennis Township & Woodbine Areas
68 Total Active Listings as of October 7th (-1 vs last month)
Median Price of $284,700
Median Days on Market = 44 Days
37 New Listings (+10 vs last month)
Median Price of $260,000
22 Sold Houses (+4 vs last month)
Median Price of $301,250
Avalon & Stone Harbor Areas
79 Total Active Listings as of October 7th
Median Price of $3,295,000
Median Days on Market = 75 Days
28 New Listings
Median Price of $2,922,500
51 Sold Houses
Median Price of $2,400,000
Sea Isle City & Strathmere Areas
7 Total Active Listings as of October 7th
Median Price of $1,395,000
Median Days on Market = 51 Days
2 New Listings
Median Price of $1,412,500
3 Sold Houses
Median Price of $650,000
Are you looking to sell your property. Or are you curious about what it’s market value is? Give us a call at 609-884-5005 or inquire on our website. https://www.coastlinerealty.com/real-estate/selling-your-property
This info deemed reliable but not guaranteed. Information compiled from the Cape May County Multiple Listing Service.