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.
