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.
