Cape May Real Estate Market Report – September 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 September 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 October 4th, 2021.

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

Active SFH Listings as of 10/04/21– 28 (-8 vs. last month)

Median Days on Market – 91 Days (+5 Days vs. last month)

Median List Price – $1,512,000 (+$12,000 vs. last month)

 

Sold Properties in September – 23 (+14 vs. last month)

Median Days on Market – 113 Days (+4 days vs. last month)

Median Sale Price – $836,000 (-$58,900 vs. last month)

 

Lower Township

Active SFH Listings as of 10/04/21– 81 (-13 vs. last month)

Median Days on Market – 41 Days (-5 days vs. last month)

Median List Price – $349,999 (-$44,451 vs. last month)

 

Sold Properties in September – 45 (+3 vs. last month)

Median Days on Market – 69 Days (+1 days vs. last month)

Median Sale Price – $349,900 (+$8,400 vs. last month)

Middle Township

Active SFH Listings as of 10/04/21– 79 (-1 vs. last month)

Median Days on Market – 79 Days (+20 days vs. last month)

Median List Price – $378,000 (-$8,500 vs last month)

 

Sold Properties in September – 35 (+6 vs. last month)

Median Days on Market – 91 Days (+12 days vs. last month)

Median Sale Price – $325,000 (+$95,000 vs. last month)

The Wildwoods & Diamond Beach

Active SFH Listings as of 10/04/21– 42 (+8 vs. last month)

Median Days on Market – 32 Days (-11 Days vs. last month)

Median List Price – $699,500 (+$60,000 vs. last month)

 

Sold Properties in September – 85 (+14 vs. last month)

Median Days on Market – 63 Days (+0 days vs. last month)

Median Sale Price – $439,900 (+$29,900 vs. last month)

Dennis Township – Upper Township – Woodbine

Active SFH Listings as of 10/04/21– 67 (-1 vs. last month)

Median Days on Market – 63 Days (+26 days vs. last month)

Median List Price – $319,000 (+$19,100 vs. last month)

 

Sold Properties in September – 18 (+1 vs. last month)

Median Days on Market –73 Days (+6 Days vs. last month)

Median Sale Price – $227,500 (-$47,500 vs. last month)

Avalon & Stone Harbor

Active SFH Listings as of 10/04/21– 40 (-1 vs. last month)

Median Days on Market – 65 Days (+46 days vs. last month)

Median List Price – $4,500,000 (+$275,000 vs. last month)

 

Sold Properties in September – 33 (+5 vs. last month)

Median Days on Market – 105 Days (+22 days vs. last month)

Median Sale Price – $2,600,000 (+$290,000 vs. last month)

Sea Isle City & Strathmere

Active SFH Listings as of 10/04/21– 3 (-2 vs. last month)

Median Days on Market – 84 Days (+33 days vs. last month)

Median List Price – $2,299,999 (+$724,999 vs. last month)

 

Sold Properties in September – 28 (+13 vs. last month)

Median Days on Market – 88 Days (-29 days vs. last month)

Median Sale Price – $1,039,949 (-$380,051 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.

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