Real Estate Market Report – Cape May County – June 2021

Market Report! Here’s a quick Real Estate market report of most of Cape May County. Included is a recap of all sold properties(SFH, Land, Condo, etc) in the month of June 2021 for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of July 4th  2021.

Cape May Area (including Cape May City – West Cape May – Cape May Point)

Active SFH Listings as of 07/05/21– 38 (+3 vs. last month)

Median Days on Market – 73 Days (-45 Days vs. last month)

Median List Price – $1,399,999 (-$50,001 vs. last month)

 

Sold Properties in June – 27 (+7 vs. last month)

Median Days on Market – 85 Days (+16 days vs. last month)

Median Sale Price – $909,000 (+$46,500 vs. last month)

 

Lower Township

Active SFH Listings as of 07/04/21– 75 (-1 vs. last month)

Median Days on Market – 40 Days (+12 days vs. last month)

Median List Price – $345,000 (+$100 vs. last month)

 

Sold Properties in June – 66 (+25 vs. last month)

Median Days on Market – 56 Days (+3 days vs. last month)

Median Sale Price – $301,500 (-$12,000 vs. last month)

Middle Township

Active SFH Listings as of 07/04/21– 79 (+12 vs. last month)

Median Days on Market – 39 Days (+10 days vs. last month)

Median List Price – $360,000 (-$65,000 vs last month)

 

Sold Properties in June – 40 (+15 vs. last month)

Median Days on Market – 85 Days (+11 days vs. last month)

Median Sale Price – $262,500 (+$9,500 vs. last month)

The Wildwoods & Diamond Beach

Active SFH Listings as of 07/04/21– 29 (+1 vs. last month)

Median Days on Market – 62 Days (+1 Day vs. last month)

Median List Price – $630,000 (-$107,000 vs. last month)

 

Sold Properties in June – 81 (+10 vs. last month)

Median Days on Market – 63 Days (+12 days vs. last month)

Median Sale Price – $399,000 (-$39,000 vs. last month)

Dennis Township – Upper Township – Woodbine

Active SFH Listings as of 07/04/21– 38 (-1 vs. last month)

Median Days on Market – 52 Days (+1 day vs. last month)

Median List Price – $346,500 (+$27,500 vs. last month)

 

Sold Properties in June – 26 (+11 vs. last month)

Median Days on Market – 96 Days (+21 Days vs. last month)

Median Sale Price – $244,500 (+$29,500 vs. last month)

Avalon & Stone Harbor

Active SFH Listings as of 07/04/21– 50 (-13 vs. last month)

Median Days on Market – 69 Days (+4 days vs. last month)

Median List Price – $4,224,500 (+$436,500 vs. last month)

 

Sold Properties in June – 14 (-9 vs. last month)

Median Days on Market – 111 Days (+5 days vs. last month)

Median Sale Price – $2,835,000 (+$1,336,000 vs. last month)

Sea Isle City & Strathmere

Active SFH Listings as of 07/04/21– 9 (-1 vs. last month)

Median Days on Market – 90 Days (+30 days vs. last month)

Median List Price – $1,950,000 (-$172,500 vs. last month)

 

Sold Properties in June – 26 (-2 vs. last month)

Median Days on Market – 63 Days (-14 days vs. last month)

Median Sale Price – $1,274,950 (-$15,550 vs. last month)

 

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.

Cape May Real Estate Market Report – Cape May Area – May 2021

Market Report! Here’s a quick Real Estate market report of City of Cape May, the Borough of West Cape May, and the Borough of Cape May Point. Included is a recap of all sold properties(SFH, Land, Condo, etc) in the month of May 2021 for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of June 1st 2021.

Cape May

Active SFH Listings as of 06/01/21– 27 (+3 vs. last month)

Median Days on Market – 132 Days (+11 days vs. last month)

Median List Price – $1,595,000 (-$5,000 vs. last month)

 

Sold Properties in May – 16 (-12 vs. last month)

Median Days on Market – 60 Days (-1 days vs. last month)

Median Sale Price – $842,500 (+$240,000 vs. last month)

West Cape May

Active SFH Listings as of 06/01/21– 5 (+1 vs. last month)

Median Days on Market – 36 Days (-74 days vs. last month)

Median List Price – $1,250,000 (-$25,000 vs. last month)

 

Sold Properties in May – 1 (-3 vs. last month)

Median Days on Market – 99 Days (+38 days vs. last month)

Median Sale Price – $735,000 (-$129,950 vs. last month)

Cape May Point

Active SFH Listings as of 06/01/21– 3 (-2 vs. last month)

Median Days on Market – 66 Days  (-7 vs. last month)

Median List Price – $1,149,000 (-$850,000 vs. last month)

 

Sold Properties in May – 3 (+0 vs. last month)

Median Days on Market – 86 Days (+7 Days vs. last month)

Median Sale Price – $999,900 (-$299,100 vs last month)

 

 

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.

Real Estate Market Report – Cape May County – May 2021

Market Report! Here’s a quick Real Estate market report of most of Cape May County. Included is a recap of all sold properties(SFH, Land, Condo, etc) in the month of May 2021 for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of June 1st 2021.

Cape May Area (including Cape May City – West Cape May – Cape May Point)

Active SFH Listings as of 06/01/21– 35 (+2 vs. last month)

Median Days on Market – 118 Days (+13 Days vs. last month)

Median List Price – $1,450,000 (-$50,000 vs. last month)

 

Sold Properties in May – 20 (-15 vs. last month)

Median Days on Market – 69 Days (+4 days vs. last month)

Median Sale Price – $862,500 (+$67,500 vs. last month)

Lower Township

Active SFH Listings as of 06/01/21– 76 (+11 vs. last month)

Median Days on Market – 28 Days (+2 days vs. last month)

Median List Price – $349,900 (+$24,950 vs. last month)

 

Sold Properties in May – 41 (-13 vs. last month)

Median Days on Market – 53 Days (-10 days vs. last month)

Median Sale Price – $313,500 (-$15,500 vs. last month)

Middle Township

Active SFH Listings as of 06/01/21– 67 (+14 vs. last month)

Median Days on Market – 29 Days (-28 days vs. last month)

Median List Price – $425,000 (+$10,000 vs last month)

 

Sold Properties in May – 25 (-15 vs. last month)

Median Days on Market – 74 Days (-15 days vs. last month)

Median Sale Price – $253,000 (+$40,250 vs. last month)

The Wildwoods & Diamond Beach

Active SFH Listings as of 06/01/21– 28 (-4 vs. last month)

Median Days on Market – 61 Days (+17 Days vs. last month)

Median List Price – $737,000 (-$112,900 vs. last month)

 

Sold Properties in May – 71 (-25 vs. last month)

Median Days on Market – 51 Days (-11 days vs. last month)

Median Sale Price – $430,000 (+$10,000 vs. last month)

Dennis Township – Upper Township – Woodbine

Active SFH Listings as of 06/01/21– 39 (-3 vs. last month)

Median Days on Market – 53 Days (+3 days vs. last month)

Median List Price – $319,000 (-$450 vs. last month)

 

Sold Properties in May – 15 (-7 vs. last month)

Median Days on Market – 75 Days (-46 Days vs. last month)

Median Sale Price – $215,000 (-$47,500 vs. last month)

Avalon & Stone Harbor

Active SFH Listings as of 06/01/21– 63 (+15 vs. last month)

Median Days on Market – 65 Days (-24 days vs. last month)

Median List Price – $3,788,000 (-$311,500 vs. last month)

 

Sold Properties in April – 23 (-16 vs. last month)

Median Days on Market – 106 Days (+28 days vs. last month)

Median Sale Price – $1,499,000 (-$1,000 vs. last month

Sea Isle City & Strathmere

Active SFH Listings as of 06/01/21– 10 (+2 vs. last month)

Median Days on Market – 60 Days (+29 days vs. last month)

Median List Price – $2,122,500 (+$0 vs. last month)

 

Sold Properties in April – 28 (+3 vs. last month)

Median Days on Market – 77 Days (+11 days vs. last month)

Median Sale Price – $1,290,500 (+$291,500 vs. last month)

 

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.

Cape May Real Estate Market Report – April 2021 – Cape May Area

Market Report! Here’s a quick Real Estate market report focusing on the City of Cape May, the Borough of West Cape May, and the Borough of Cape May Point. Included is a recap of all sold properties in the month of April 2021 for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of May 1st, 2021.

Cape May

Active SFH Listings as of 05/01/21– 24 (-5 vs. last month)

Median Days on Market – 121 Days (+5 days vs. last month)

Median List Price – $1,600,000 (+$0 vs. last month)

 

Sold Properties in April – 28 (+9 vs. last month)

Median Days on Market – 61 Days (-43 day vs. last month)

Median Sale Price – $602,500 (-$237,500 vs. last month)

West Cape May

Active SFH Listings as of 05/01/21– 4 (-2 vs. last month)

Median Days on Market – 109 Days (+29 days vs. last month)

Median List Price – $1,275,000 (+$332,000 vs. last month)

 

Sold Properties in April – 4 (-4 vs. last month)

Median Days on Market – 61 Days (-18 days vs. last month)

Median Sale Price – $864,950 (+67,450 vs. last month)

Cape May Point

Active SFH Listings as of 05/01/21– 5 (+0 vs. last month)

Median Days on Market – 73 Days  (+30 vs. last month)

Median List Price – $1,999,000 (-$101,000 vs. last month)

 

Sold Properties in April – 3 (+2 vs. last month)

Median Days on Market – 79 Days (+16 Days vs. last month)

Median Sale Price – $1,299,900 (+$469,900 vs last month)

 

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.

Real estate Market Report – Cape May County – April 2021

Market Report! Here’s a quick Real Estate market report of most of Cape May County. Included is a recap of all sold properties(SFH, Land, Condo, etc) in the month of April 2021 for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of May 1st 2021.

Cape May Area (including Cape May City – West Cape May – Cape May Point)

Active SFH Listings as of 05/01/21– 33 (-7 vs. last month)

Median Days on Market – 105 Days (-3 Days vs. last month)

Median List Price – $1,500,000 (+$25,000 vs. last month)

 

Sold Properties in April – 35 (+7 vs. last month)

Median Days on Market – 65 Days (-31 days vs. last month)

Median Sale Price – $795,000 (-$40,000 vs. last month)

 

Lower Township

Active SFH Listings as of 05/01/21– 65 (+10 vs. last month)

Median Days on Market – 26 Days (-10 days vs. last month)

Median List Price – $325,000 (-$34,000 vs. last month)

 

Sold Properties in April – 54 (-7 vs. last month)

Median Days on Market – 63 Days (-1 day vs. last month)

Median Sale Price – $328,500 (-$21,500 vs. last month)

Middle Township

Active SFH Listings as of 05/01/21– 53 (+1 vs. last month)

Median Days on Market – 57 Days (+18 days vs. last month)

Median List Price – $415,000 (+$35,000 vs last month)

 

Sold Properties in April – 40 (+0 vs. last month)

Median Days on Market – 89 Days (-34 days vs. last month)

Median Sale Price – $212,750 (-$59,750 vs. last month)

The Wildwoods & Diamond Beach

Active SFH Listings as of 05/01/21– 32 (+0 vs. last month)

Median Days on Market – 44 Days (+5 Days vs. last month)

Median List Price – $849,900 (+$5,000 vs. last month)

 

Sold Properties in April – 96 (-21 vs. last month)

Median Days on Market – 62 Days (-14 days vs. last month)

Median Sale Price – $420,000 (+$45,000 vs. last month)

Dennis Township – Upper Township – Woodbine

Active SFH Listings as of 05/01/21– 42 (+8 vs. last month)

Median Days on Market – 50 Days (-50 days vs. last month)

Median List Price – $319,450 (-$5,450 vs. last month)

 

Sold Properties in April – 22 (-5 vs. last month)

Median Days on Market – 121 Days (-8 Days vs. last month)

Median Sale Price – $262,500 (+$138,450 vs. last month)

Avalon & Stone Harbor

Active SFH Listings as of 05/01/21– 48 (+1 vs. last month)

Median Days on Market – 89 Days (-6 days vs. last month)

Median List Price – $4,099,500 (+$249,500 vs. last month)

 

Sold Properties in April – 39 (+8 vs. last month)

Median Days on Market – 78 Days (+9 days vs. last month)

Median Sale Price – $1,500,000 (-$120,000 vs. last month)

Sea Isle City & Strathmere

Active SFH Listings as of 05/01/21– 8 (-1 vs. last month)

Median Days on Market – 31 Days (+12 days vs. last month)

Median List Price – $2,122,500 (+$22,500 vs. last month)

 

Sold Properties in April – 25 (-17 vs. last month)

Median Days on Market – 66 Days (-2 days vs. last month)

Median Sale Price – $999,000 (-$19,500 vs. last month)

 

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.

Cape May Real Estate Market Report – March 2021 – Cape May Area

Market Report! Here’s a quick Real Estate market report focusing on the City of Cape May, the Borough of West Cape May, and the Borough of Cape May Point. Included is a recap of all sold properties in the month of March 2021 for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of April 3rd, 2021

 

 

Cape May

Active SFH Listings as of 04/03/21– 29 (-2 vs. last month)

Median Days on Market – 116 Days (-24 days vs. last month)

Median List Price – $1,600,000 (-$50,000 vs. last month)

 

Sold Properties in January – 19 (+4 vs. last month)

Median Days on Market – 104 Days (-1 day vs. last month)

Median Sale Price – $840,000 (-$64,000 vs. last month)

West Cape May

Active SFH Listings as of 04/03/21– 6 (-2 vs. last month)

Median Days on Market – 80 Days (+34 days vs. last month)

Median List Price – $943,000 (+$0 vs. last month)

 

Sold Properties in March – 8 (+5 vs. last month)

Median Days on Market – 79 Days (-75 days vs. last month)

Median Sale Price – $797,500 (-$62,400 vs. last month)

Cape May Point

Active SFH Listings as of 04/03/21– 5 (+0 vs. last month)

Median Days on Market – 43 Days  (+7 vs. last month)

Median List Price – $2,100,000 (+0 vs. last month)

 

Sold Properties in March – 1 (+1 vs. last month)

Median Days on Market – 63 Days (-36 Days Vs. January, No Sold Properties in Feb.)

Median Sale Price – $830,000 (-$202,352 vs. January, No Sold Properties in Feb.)

 

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.

Real Estate Market Report – Cape May County – March 2021

Market Report! Here’s a quick Real Estate market report of most of Cape May County. Included is a recap of all sold properties in the month of January for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of April 3rd 2021.

Cape May Area (including Cape May City – West Cape May – Cape May Point)

Active SFH Listings as of 04/03/21– 40 (-4 vs. last month)

Median Days on Market – 108 Days (-2 Days vs. last month)

Median List Price – $1,475,000 (-$137,500 vs. last month)

 

Sold Properties in January – 28 (+10 vs. last month)

Median Days on Market – 96 Days (-46 days vs. last month)

Median Sale Price – $835,000 (-$46,950 vs. last month)

 

Lower Township

Active SFH Listings as of 04/03/21– 55 (+2 vs. last month)

Median Days on Market – 36 Days (-4 days vs. last month)

Median List Price – $359,000 (-$10,900 vs. last month)

 

Sold Properties in March – 61 (+28 vs. last month)

Median Days on Market – 64 Days (-5 days vs. last month)

Median Sale Price – $350,000 (+$63,000 vs. last month)

Middle Township

Active SFH Listings as of 04/03/21– 52 (+9 vs. last month)

Median Days on Market – 39 Days (-33 days vs. last month)

Median List Price – $380,000 (-$19,750 vs last month)

 

Sold Properties in January – 40 (+13 vs. last month)

Median Days on Market – 123 Days (-12 days vs. last month)

Median Sale Price – $272,500 (+$62,500 vs. last month)

The Wildwoods & Diamond Beach

Active SFH Listings as of 04/03/21– 32 (-7 vs. last month)

Median Days on Market – 39 Days (+1 Day vs. last month)

Median List Price – $844,900 (+$94,900 vs. last month)

 

Sold Properties in March – 117 (+47 vs. last month)

Median Days on Market – 76 Days (-20 days vs. last month)

Median Sale Price – $375,000 (-$35,500 vs. last month)

Dennis Township – Upper Township – Woodbine

Active SFH Listings as of 04/03/21– 34 (-4 vs. last month)

Median Days on Market – 100 Days (+4 days vs. last month)

Median List Price – $324,900 (+$70,100 vs. last month)

 

Sold Properties in March – 27 (+11 vs. last month)

Median Days on Market – 129 Days (+11 Days vs. last month)

Median Sale Price – $124,050 (-$174,000 vs. last month)

Avalon & Stone Harbor

Active SFH Listings as of 04/03/21– 47 (+5 vs. last month)

Median Days on Market – 95 Days (-51 days vs. last month)

Median List Price – $3,850,000 (+$152,500 vs. last month)

 

Sold Properties in March – 31 (+8 vs. last month)

Median Days on Market – 69 Days (-64 days vs. last month)

Median Sale Price – $1,620,000 (-$530,000 vs. last month)

Sea Isle City & Strathmere

Active SFH Listings as of 04/03/21– 9 (+7 vs. last month)

Median Days on Market – 19 Days (+6 days vs. last month)

Median List Price – $2,100,000 (-$199,000 vs. last month)

 

Sold Properties in March – 42 (+21 vs. last month)

Median Days on Market – 68 Days (-48 days vs. last month)

Median Sale Price – $1,018,500 (+$36,500 vs. last month)

 

 

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.

Cape May Real Estate Market Report – February 2021 – Cape May Area

Market Report! Here’s a quick Real Estate market report focusing on the City of Cape May, the Borough of West Cape May, and the Borough of Cape May Point. Included is a recap of all sold properties in the month of March 2021 for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of February 2nd, 2020.

 

Cape May

Active SFH Listings as of 02/28/21– 31 (-2 vs. last month)

Median Days on Market – 140 Days (+26 days vs. last month)

Median List Price – $1,650,000 (+0 vs. last month)

 

Sold Properties in January – 15 (+1 vs. last month)

Median Days on Market – 105 Days (+19 days vs. last month)

Median Sale Price – $904,000 (+$65,227  vs. last month)

 

West Cape May

Active SFH Listings as of 02/28/21– 8 (+4 vs. last month)

Median Days on Market – 46 Days (-68 days vs. last month)

Median List Price – $943,000 (+$0 vs. last month)

 

Sold Properties in January – 3 (-1 vs. last month)

Median Days on Market – 154 Days (+1 days vs. last month)

Median Sale Price – $859,900 (+$214,900 vs. last month)

 

Cape May Point

Active SFH Listings as of 02/28/21– 5 (+0 vs. last month)

Median Days on Market – 36 Days  (-44 vs. last month)

Median List Price – $2,100,000 (+$230,000 vs. last month)

 

Sold Properties in January – 0 (-4 vs. last month)

Median Days on Market – No Sold Properties Feb 2021. Jan 2021 Stats… 99 Days (-3 days vs. last month)

Median Sale Price – No Sold Properties Feb 2021. Jan 2021 Stats… $1,032,325 (-$192,675 vs. last month)

 

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.

Real Estate Market Report – Cape May County – February 2021

Market Report! Here’s a quick Real Estate market report of most of Cape May County. Included is a recap of all sold properties in the month of February 2021 for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of February 28th, 2021.

Cape May Area (including Cape May City – West Cape May – Cape May Point)

Active SFH Listings as of 02/28/21– 44 (+2 vs. last month)

Median Days on Market – 110 Days (+2 Days vs. last month)

Median List Price – $1,612,500 (-$37,500 vs. last month)

 

Sold Properties in January – 18 (-4 vs. last month)

Median Days on Market – 143 Days (+31 days vs. last month)

Median Sale Price – $881,950 (+$176,550 vs. last month)

 

Lower Township

Active SFH Listings as of 02/28/21– 53 (-9 vs. last month)

Median Days on Market – 40 Days (+15 days vs. last month)

Median List Price – $369,900 (+$20,450 vs. last month)

 

Sold Properties in January – 33 (-5 vs. last month)

Median Days on Market – 69 Days (-7 days vs. last month)

Median Sale Price – $287,000 (-$83,000 vs. last month)

 

Middle Township

Active SFH Listings as of 02/28/21– 43 (-11 vs. last month)

Median Days on Market – 82 Days (-6 days vs. last month)

Median List Price – $399,750 (+$94,850 vs last month)

Sold Properties in January – 27 (+8 vs. last month)

Median Days on Market – 135 Days (+16 days vs. last month)

Median Sale Price – $210,000 (-$29,000 vs. last month)

 

The Wildwoods & Diamond Beach

Active SFH Listings as of 02/28/21– 39 (+4 vs. last month)

Median Days on Market – 38 Days (-36 Days vs. last month)

Median List Price – $750,000 (+$75,000 vs. last month)

 

Sold Properties in January – 70 (+1 vs. last month)

Median Days on Market – 96 Days (+10 days vs. last month)

Median Sale Price – $339,500 (-$23,000 vs. last month)

 

Dennis Township – Upper Township – Woodbine

Active SFH Listings as of 02/28/21– 38 (-10 vs. last month)

Median Days on Market – 96 Days (+13 days vs. last month)

Median List Price – $254,800 (-$12,650 vs. last month)

 

Sold Properties in January – 16 (+9 vs. last month)

Median Days on Market – 118 Days (-10 Days vs. last month)

Median Sale Price – $145,950 (-$174,000 vs. last month)

 

Avalon & Stone Harbor

Active SFH Listings as of 02/28/21– 42 (-3 vs. last month)

Median Days on Market – 146 Days (+25 days vs. last month)

Median List Price – $3,697,500 (+$302,500 vs. last month)

Sold Properties in January – 23 (-3 vs. last month)

Median Days on Market – 133 Days (-11 days vs. last month)

Median Sale Price – $2,150,000 (-$510,500 vs. last month)

 

Sea Isle City & Strathmere

Active SFH Listings as of 02/02/21– 2 (-3 vs. last month)

Median Days on Market – 13 Days (-105 days vs. last month)

Median List Price – $2,299,000 (-$51,000 vs. last month)

 

Sold Properties in January – 21 (+4 vs. last month)

Median Days on Market – 116 Days (+40 days vs. last month)

Median Sale Price – $982,000 (+$152,000 vs. last month)

 

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.

Cape May Real Estate Market Report – January 2021 – Cape May Area

Market Report! Here’s a quick Real Estate market report focusing on the City of Cape May, the Borough of West Cape May, and the Borough of Cape May Point. Included is a recap of all sold properties in the month of January 2021 2021 for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of February 2nd, 2020.

Cape May

Active SFH Listings as of 02/02/21– 33 (-1 vs. last month)

Median Days on Market – 114 Days (+28 days vs. last month)

Median List Price – $1,650,000 (+0 vs. last month)

 

Sold Properties in January – 14 (-10 vs. last month)

Median Days on Market – 86 Days (+1 days vs. last month)

Median Sale Price – $838,773 (-$28,727 vs. last month)

West Cape May

Active SFH Listings as of 02/02/21– 4 (-1 vs. last month)

Median Days on Market – 114 Days (+32 days vs. last month)

Median List Price – $943,000 (-$42,000 vs. last month)

Sold Properties in January – 4 (-1 vs. last month)

Median Days on Market – 153 Days (+95 days vs. last month)

Median Sale Price – $645,000 (-$75,000 vs. last month)

Cape May Point

Active SFH Listings as of 02/02/21– 5 (+1 vs. last month)

Median Days on Market – 80 Days  (+1 vs. last month)

Median List Price – $1,870,000 (-55,000 vs. last month)

 

Sold Properties in January – 4 (-1 vs. last month)

Median Days on Market – 99 Days (-3 days vs. last month)

Median Sale Price – $1,032,325 (-$192,675 vs. last month)

 

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.