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.
