Market Report! Here’s a quick rundown of most of Cape May County for the month of July 2020. Included is new listings, sold properties, and total active listings at the end of the month.
Cape May + West Cape May + Cape May Point
40 Total Active Listings as of August 1st (-57 vs last month)
Median Price of $879,000
Median Days on market = 42 Days
29 New Listings (+9 vs last month)
Median Price of $750,000
15 Sold Houses (-7 vs last month)
Median Price of $585,000
Lower Township Area
97 Active Listings as of August 1st (-86 vs last month)
Median Price of $272,600
Median Days on Market = 46
52 New Listings (+5 vs last month)
Median Price of $295,000
69 Sold Houses (+9 vs last month)
Avg Price of $240,000
Middle Township Area
107 Total Active Listings as of August 1st (-146 vs last month)
Median Price of $294,500
Median Days on Market = 71 Days
37 new Listings (-23 vs last month)
Median Price of $244,900
40 Sold Houses (+6 vs last month)
Avg Price of $247,450
Wildwoods
44 Total Active Listings as of August 1st (-293 vs last month)
Median Price of $498,388
Median Days on Market = 66 Days
101 New Listings (+30 vs last month)
Median Price of $379,900
130 Sold Houses (+40 vs last month)
Median Price of $273,050
Upper & Dennis & Woodbine Areas
71 Total Active Listings as of August 1st(-87 vs last month)
Median Price of $279,900
Median Days on Market = 114 Days
23 New Listings (+3 vs last month)
Median Price of $260,000
30 Sold Houses (+3 vs last month)
Median Price of $176,250
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.