Real Estate Market Report – Cape May County – December 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 December 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 January 4th, 2022.

December saw every location around the county have less active listings to start of January than the month prior. Middle Township, Dennis Township, Upper Township, and Woodbine saw the largest drops in active listings. For sales the county largely stayed in-line with the previous month regarding volume & sale prices.

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

Active SFH Listings as of 1/04/22 – 15 (-3 vs. last month)

Median Days on Market – 52 Days (-27 Days vs. last month)

Median List Price – $1,499,000 (-$225,000 vs. last month)

Sold Properties in December – 25 (+0 vs. last month)

Median Days on Market – 115 Days (+2 days vs. last month)

Median Sale Price – $1,219,500 (+$46,000 vs. last month)

Lower Township

Active SFH Listings as of 1/04/22 – 56 (-4 vs. last month)

Median Days on Market – 48 Days (-18 days vs. last month)

Median List Price – $382,325 (-$4,550 vs. last month)

Sold Properties in December – 49 (-10 vs. last month)

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

Median Sale Price – $325,000 (-$35,000 vs. last month)

Middle Township

Active SFH Listings as of 1/04/22 – 54 (-19 vs. last month)

Median Days on Market – 85 Days (-8 days vs. last month)

Median List Price – $377,000 (-$2,900 vs last month)

Sold Properties in December – 32 (+8 vs. last month)

Median Days on Market – 72 Days (+2 days vs. last month)

Median Sale Price – $299,000 (-$3,450 vs. last month)

The Wildwoods & Diamond Beach

Active SFH Listings as of 1/04/22 – 32 (-4 vs. last month)

Median Days on Market – 102 Days (+31 Days vs. last month)

Median List Price – $797,500 (+$248,050 vs. last month)

Sold Properties in December – 89 (+8 vs. last month)

Median Days on Market – 83 Days (+9 days vs. last month)

Median Sale Price – $475,000 (+$0 vs. last month)

Dennis Township – Upper Township – Woodbine

Active SFH Listings as of 1/04/22 – 39 (-25 vs. last month)

Median Days on Market – 95 Days (+28 days vs. last month)

Median List Price – $319,000 (-$45,450 vs. last month)

Sold Properties in December – 20 (-6 vs. last month)

Median Days on Market – 86 Days (+10 days vs. last month)

Median Sale Price – $282,500 (+$6,500 vs. last month)

Avalon & Stone Harbor

Active SFH Listings as of 1/04/22 – 33 (-2 vs. last month)

Median Days on Market – 90 Days (+19 days vs. last month)

Median List Price – $3,995,000 (+$100,000 vs. last month)

Sold Properties in December – 25 (-4 vs. last month)

Median Days on Market – 88 Days (-5 days vs. last month)

Median Sale Price – $2,410,000 (+$375,500 vs. last month)

Sea Isle City & Strathmere

Active SFH Listings as of 1/04/22 – 3 (-1 vs. last month)

Median Days on Market – 91 Days (-1 day vs. last month)

Median List Price – $4,500,000 (+$900,001 vs. last month)

Sold Properties in December – 19 (+1 vs. last month)

Median Days on Market – 86 Days (-18 days vs. last month)

Median Sale Price – $1,445,000 (-$5,000 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 – November 2021

Market Report! Here’s a quick Real Estate market report of Cape May City, West Cape May, and Cape May Point. Included is a recap of all sold properties(SFH, Land, Condo, etc) in the month of November 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 December 3rd, 2021.

Cape May City

Active SFH Listings as of 12/03/21 – 14 (+1 vs. last month)

Median Days on Market – 104 Days (-10 days vs. last month)

Median List Price – $2,350,000 (+651,000 vs. last month)

Sold Properties in November – 23 (+5 vs. last month)

Median Days on Market – 80 Days (+15 days vs. last month)

Median Sale Price – $969,000 (+$291,550  vs. last month)

West Cape May

Active SFH Listings as of 12/03/21 – 4 (+0 vs. last month)

Median Days on Market – 169 Days (+28 days vs. last month)

Median List Price – $1,124,999 (+0 vs. last month)

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

Median Days on Market – 232 Days (+141 days vs. last month)

Median Sale Price – $810,000 (+$47,500 vs. last month)

Cape May Point

Active SFH Listings as of 12/03/21 – 0 (1 in Oct)

Median Days on Market – 0 Days  (99 Days in Oct)

Median List Price – $0 ($999,000 in Oct)

Sold Properties in November – 1 (+0 vs. last month)

Median Days on Market – 181 (+58 Days vs September)

Median Sale Price – 2,350,000 (+$1,235,000 vs September)

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 – November 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 November 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 December 3rd, 2021.

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

Active SFH Listings as of 12/03/21 – 18 (-0 vs. last month)

Median Days on Market – 85 Days (-2 Days vs. last month)

Median List Price – $1,724,000 (+$175,000 vs. last month)

Sold Properties in November – 25 (+5 vs. last month)

Median Days on Market – 113 Days (+47 days vs. last month)

Median Sale Price – $969,000 (+$259,000 vs. last month)

Lower Township

Active SFH Listings as of 12/03/21 – 60 (+4 vs. last month)

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

Median List Price – $386,875 (+29,376 vs. last month)

Sold Properties in November – 59 (+9 vs. last month)

Median Days on Market – 66 Days (+1 day vs. last month)

Median Sale Price – $360,000 (+$9,900 vs. last month)

Middle Township

Active SFH Listings as of 12/03/21 – 73 (-3 vs. last month)

Median Days on Market – 93 Days (+25 days vs. last month)

Median List Price – $379,900 (+$5,400 vs last month)

Sold Properties in November – 24 (-13 vs. last month)

Median Days on Market – 70 Days (-16 days vs. last month)

Median Sale Price – $302,450 (+$42,450 vs. last month)

The Wildwoods & Diamond Beach

Active SFH Listings as of 12/03/21 – 36 (-1 vs. last month)

Median Days on Market – 71 Days (+26 Days vs. last month)

Median List Price – $549,450 (+$51,673 vs. last month)

Sold Properties in November – 81 (-17 vs. last month)

Median Days on Market – 74 Days (+18 days vs. last month)

Median Sale Price – $475,000 (+$33,000 vs. last month)

Dennis Township – Upper Township – Woodbine

Active SFH Listings as of 12/03/21 – 64 (-9 vs. last month)

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

Median List Price – $364,450 (+$45,450 vs. last month)

Sold Properties in November – 26 (+6 vs. last month)

Median Days on Market – 76 Days (+15 days vs. last month)

Median Sale Price – $276,000 (-$39,000 vs. last month)

Avalon & Stone Harbor

Active SFH Listings as of 12/03/21 – 35 (-9 vs. last month)

Median Days on Market – 71 Days (+6 days vs. last month)

Median List Price – $3,895,000 (-$355,000 vs. last month)

Sold Properties in November – 38 (-1 vs. last month)

Median Days on Market – 93 Days (+10 days vs. last month)

Median Sale Price – $2,079,500 (+$334,500 vs. last month)

Sea Isle City & Strathmere

Active SFH Listings as of 12/03/21 – 4 (+0 vs. last month)

Median Days on Market – 92 Days (+28 days vs. last month)

Median List Price – $3,399,999 (-$1,247,501 vs. last month)

Sold Properties in November – 18 (+4 vs. last month)

Median Days on Market – 104 Days (+27 days vs. last month)

Median Sale Price – $1,450,000 (+$65,000 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 – October 2021

Here’s a quick Real Estate market report for Cape May, West Cape May, and Cape May Point for the month of August. Included is a recap of all sold properties(SFH, Land, Condo, etc) in the month of October 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 November 5th 2021

Cape May

Active SFH Listings as of 11/05/21– 13 (-6 vs. last month)

Median Days on Market – 114 Days (+13 days vs. last month)

Median List Price – $1,699,000 (+$100,000 vs. last month)

Sold Properties in October – 18 (+2 vs. last month)

Median Days on Market – 65 Days (-54 days vs. last month)

Median Sale Price – $677,450 (-$65,050  vs. last month)

West Cape May

Active SFH Listings as of 11/05/21– 4 (+0 vs. last month)

Median Days on Market – 141 Days (+32 days vs. last month)

Median List Price – $1,124,999 (+0 vs. last month)

Sold Properties in September – 2 (+1 vs. last month)

Median Days on Market – 91 Days (+2 days vs. last month)

Median Sale Price – $762,500 (+$252,500 vs. last month)

Cape May Point

Active SFH Listings as of 11/05/21– 1 (-4 vs. last month)

Median Days on Market – 99 Days  (+32 days vs. last month)

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

Sold Properties in October – 0 (-6 vs. last month)

Median Days on Market – No Data (123 Days last month)

Median Sale Price – No Data ($1,115,000 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 – October 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 October 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 November 5th, 2021.

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


Active SFH Listings as of 11/05/21– 18 (-10 vs. last month)
Median Days on Market – 87 Days (-4 Days vs. last month)
Median List Price – $1,549,000 (+$37,000 vs. last month)
 
Sold Properties in October – 20 (-3 vs. last month)
Median Days on Market – 66 Days (-47 days vs. last month)
Median Sale Price – $710,000 (-$126,000 vs. last month)


Lower Township


Active SFH Listings as of 11/05/21– 56 (-25 vs. last month)
Median Days on Market – 59 Days (+18 days vs. last month)
Median List Price – $357,499 (+$7,500 vs. last month)
 
Sold Properties in October – 50 (+5 vs. last month)
Median Days on Market – 65 Days (-4 days vs. last month)
Median Sale Price – $350,100 (+$200 vs. last month)


Middle Township


Active SFH Listings as of 11/05/21– 76 (-3 vs. last month)
Median Days on Market – 68 Days (-11 days vs. last month)
Median List Price – $374,500 (-$3,500 vs last month)
 
Sold Properties in October – 37 (+2 vs. last month)
Median Days on Market – 86 Days (-5 days vs. last month)
Median Sale Price – $260,000 (-$65,000 vs. last month)


The Wildwoods & Diamond Beach


Active SFH Listings as of 11/05/21– 37 (-5 vs. last month)
Median Days on Market – 45 Days (+13 Days vs. last month)
Median List Price – $597,777 (-$101,723 vs. last month)
 
Sold Properties in October – 98 (+13 vs. last month)
Median Days on Market – 56 Days (-7 days vs. last month)
Median Sale Price – $442,000 (+$2,100 vs. last month)


Dennis Township – Upper Township – Woodbine


Active SFH Listings as of 11/05/21– 63 (-4 vs. last month)
Median Days on Market – 64 Days (+1 day vs. last month)
Median List Price – $319,000 (+$0 vs. last month)
 
Sold Properties in October r – 20 (+2 vs. last month)
Median Days on Market – 61 Days (-12 Days vs. last month)
Median Sale Price – $315,000 (+$87,500 vs. last month)


Avalon & Stone Harbor


Active SFH Listings as of 11/05/21– 44 (+4 vs. last month)
Median Days on Market – 65 Days (+0 days vs. last month)
Median List Price – $4,250,000 (-$250,000 vs. last month)
 
Sold Properties in October – 39 (+6 vs. last month)
Median Days on Market – 83 Days (-22 days vs. last month)
Median Sale Price – $1,745,000 (-$855,000 vs. last month)


Sea Isle City & Strathmere


Active SFH Listings as of 11/05/21– 4 (+1 vs. last month)
Median Days on Market – 64 Days (-20 days vs. last month)
Median List Price – $4,647,500 (+$2,347,501vs. last month)
 
Sold Properties in October – 14 (-14 vs. last month)
Median Days on Market – 77 Days (-11 days vs. last month)
Median Sale Price – $1,385,000 (+$345,051 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.

Cape May Real Estate Market Report – September 2021

Market Report incoming!

Here’s a quick Real Estate market report for Cape May, West Cape May, and Cape May Point for the month of September. 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

Active SFH Listings as of 10/04/21– 19 (-6 vs. last month)

Median Days on Market – 101 Days (+26 days vs. last month)

Median List Price – $1,599,000 (-$26,000 vs. last month)

 

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

Median Days on Market – 119 Days (+10 days vs. last month)

Median Sale Price – $742,500 (-$157,500 vs. last month)

West Cape May

Active SFH Listings as of 10/04/21– 4 (-1 vs. last month)

Median Days on Market – 109 Days (-19 days vs. last month)

Median List Price – $1,124,999 (-$70,001 vs. last month)

 

Sold Properties in September – 1 (+0 vs. last month)

Median Days on Market – 89 Days (-30 days vs. last month)

Median Sale Price – $510,000 (-$95,000 vs. last month)

Cape May Point

Active SFH Listings as of 10/04/21– 5 (-1 vs. last month)

Median Days on Market – 67 Days  (-7 days vs. last month)

Median List Price – $1,999,000 (+$799,500 vs. last month)

 

Sold Properties in September – 6 (+5 vs. last month)

Median Days on Market – 123 Days (+73 Days vs. last month)

Median Sale Price – $1,115,000 (+$350,000 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 – 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.

Cape May Real Estate Market Report – August 2021

Market Report incoming!

Here’s a quick Real Estate market report for Cape May, West Cape May, and Cape May Point for the month of August. Included is a recap of all sold properties(SFH, Land, Condo, etc) in the month of August 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 September 1st  2021.

Cape May

Active SFH Listings as of 09/01/21– 25 (+2 vs. last month)

Median Days on Market – 75 Days (-13 days vs. last month)

Median List Price – $1,625,000 (+$130,000 vs. last month)

 

Sold Properties in August – 7 (-2 vs. last month)

Median Days on Market – 109 Days (+57 days vs. last month)

Median Sale Price – $900,000 (+$274,000 vs. last month)

West Cape May

Active SFH Listings as of 09/01/21– 5 (+0 vs. last month)

Median Days on Market – 128 Days (+30 days vs. last month)

Median List Price – $1,195,000 (+$0 vs. last month)

 

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

Median Days on Market – 119 Days (-69 days vs. last month)

Median Sale Price – $605,000 (-$164,000 vs. last month)

Cape May Point

Active SFH Listings as of 09/01/21– 6 (-1 vs. last month)

Median Days on Market – 74 Days  (+26 days vs. last month)

Median List Price – $1,199,500 (+$50,500 vs. last month)

 

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

Median Days on Market – 50 Days (-6 Days vs. last month)

Median Sale Price – $765,000 (-$422,500 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.

Real Estate Market Report – Cape May County – August 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 August 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 September 1st, 2021.

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

Active SFH Listings as of 09/01/21– 36 (+1 vs. last month)

Median Days on Market – 86 Days (+16 Days vs. last month)

Median List Price – $1,500,000 (+$250,000 vs. last month)

 

Sold Properties in August – 9 (-4 vs. last month)

Median Days on Market – 109 Days (+53 days vs. last month)

Median Sale Price – $894,900 (+$125,900 vs. last month)

Lower Township

Active SFH Listings as of 09/01/21– 94 (-3 vs. last month)

Median Days on Market – 46 Days (+5 days vs. last month)

Median List Price – $394,450 (+$44,550 vs. last month)

 

Sold Properties in August – 42 (-9 vs. last month)

Median Days on Market – 68 Days (+5 days vs. last month)

Median Sale Price – $341,500 (+$17,500 vs. last month)

Middle Township

Active SFH Listings as of 09/01/21– 80 (-4 vs. last month)

Median Days on Market – 59 Days (+16 days vs. last month)

Median List Price – $387,500 (+$17,500 vs last month)

 

Sold Properties in August – 29 (-17 vs. last month)

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

Median Sale Price – $230,000 (-$85,625 vs. last month)

The Wildwoods & Diamond Beach

Active SFH Listings as of 09/01/21– 34 (-6 vs. last month)

Median Days on Market – 43 Days (-10 Days vs. last month)

Median List Price – $639,500 (+$12,000 vs. last month)

 

Sold Properties in August – 71 (+9 vs. last month)

Median Days on Market – 63 Days (+8 days vs. last month)

Median Sale Price – $410,000 (-$39,500 vs. last month)

Dennis Township – Upper Township – Woodbine

Active SFH Listings as of 09/01/21– 68 (+15 vs. last month)

Median Days on Market – 37 Days (+2 days vs. last month)

Median List Price – $299,900 (-$46,600 vs. last month)

 

Sold Properties in August – 17 (-5 vs. last month)

Median Days on Market – 67 Days (-5 Days vs. last month)

Median Sale Price – $275,000 (+99,050 vs. last month)

Avalon & Stone Harbor

Active SFH Listings as of 09/01/21– 41 (-7 vs. last month)

Median Days on Market – 111 Days (+28 days vs. last month)

Median List Price – $4,225,000 (+$500 vs. last month)

 

Sold Properties in August – 28 (+11 vs. last month)

Median Days on Market – 83 Days (+12 days vs. last month)

Median Sale Price – $2,310,000 (+857,000 vs. last month)

Sea Isle City & Strathmere

Active SFH Listings as of 09/01/21– 5 (+0 vs. last month)

Median Days on Market – 51 Days (-67 days vs. last month)

Median List Price – $1,575,000 (-$924,000 vs. last month)

 

Sold Properties in August – 8 (-9 vs. last month)

Median Days on Market – 83 Days (-10 days vs. last month)

Median Sale Price – $2,749,500 (+1,449,500 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 – July 2021

Market Report incoming!

Here’s a quick Real Estate market report for Cape May, West Cape May, and Cape May Point for the month of June. 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

Active SFH Listings as of 08/02/21– 23 (-3 vs. last month)

Median Days on Market – 88 Days (-1 day vs. last month)

Median List Price – $1,495,000 (-$105,000 vs. last month)

 

Sold Properties in July – 9 (-12 vs. last month)

Median Days on Market – 52 Days (-37 days vs. last month)

Median Sale Price – $626,000 (-$324,000 vs. last month)

West Cape May

Active SFH Listings as of 08/02/21– 5 (-1 vs. last month)

Median Days on Market – 98 Days (+46 days vs. last month)

Median List Price – $1,195,00 (+$170,050 vs. last month)

 

Sold Properties in July – 2 (-3 vs. last month)

Median Days on Market – 188 Days (+103 days vs. last month)

Median Sale Price – $769,000 (-$6,000 vs. last month)

Cape May Point

Active SFH Listings as of 08/02/21– 7 (+1 vs. last month)

Median Days on Market – 38 Days  (+7 days vs. last month)

Median List Price – $1,149,000 (+$239,550 vs. last month)

 

Sold Properties in July – 2 (+1 vs. last month)

Median Days on Market – 56 Days (-14 Days vs. last month)

Median Sale Price – $1,187,500 (+$377,500 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.