Real Estate Market Report – April 2020 – Cape May County

Market Report! Here’s a quick rundown of most of Cape May County for the month of April 2020. Included is new listings, sold properties, and total active listings at the end of the month.
 
Cape May Area
7 New Listings (-11 vs last month)
Average Price = $971,678
 
13 Sold Properties (-2 vs. last month)
Average Price = $785,400
 
81 Active Listings as of 4/30
Average Price = $1,074,075
Median days on market = 113 Days
 
Lower Township Area
32 New Listings (-32 vs. last month)
Average Price = $301,206
 
57 Sold Properties (-8 vs. last month)
Average Price = $276,039
 
225 Active Listings as of 4/30
Average Price = $310,103
Median days on market = 62 Days
 
Middle Township Area
25 New Listings (-5 vs. last month)
Average Price = $258,819
 
42 Sold Properties (+20 vs. last month)
Average Price = $239,089
 
191 Active Listings of as 4/30
Average Price = $299,427
Median days on market = 110 Days
 
The Wildwoods
49 New Listings (-27 vs. last month)
Average Price of $329,891
 
92 Sold Properties (-1 vs. last month)
Average price of $432,655
 
119 Active Listings
Average price of $581,230
Median days on market = 93 Days
 
Upper Township, Dennis, & Woodbine
22 New Listings (-9 vs. last month)
Average Price = $248,231
 
21 Sold Properties (-1 vs. last month)
Average Price = $256,528
 
119 Active Listings
Average Price = $272,264
Median days on market = 99 Days
 
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.