Market Report! Here’s a quick rundown of most of Cape May County for the month of June 2020. Included is new listings, sold properties, and total active listings at the end of the month.
The Market on FIRE!!!! Currently for sale property supply is extremely low with very high demand! Now’s the perfect time if you were considering selling your property to give your favorite Coastline agent or our office a call for a CMA to see how much your property is worth!
Cape May + West Cape May + Cape May Point
97 Total Active Listings as of July 1st (-25 vs last month)
Avg Price of $1,055,685
Median Days on market = 155 Days
20 New Listings (-2 vs last month)
Avg Price of $1,129,590
22 Sold Houses (+7 vs last month)
Avg Price of $799,100
Lower Township Area
183 Active Listings as of July 1st (-33 vs last month)
Avg Price of $379,886
Median Days on Market = 116 Days
47 New Listings (+12 vs last month)
Average Price of $382,597
60 Sold Houses (+19vs last month)
Avg Price of $314,734
Middle Township Area
253 Total Active Listings as of July 1st (same as last month)
Avg Price of $324,877
Median Days on Market = 141 Days
60 new Listings (+17 vs last month)
Avg Price of $314,138
34 Sold Houses (+7 vs last month)
Avg Price of $257,420
Wildwoods
337 Total Active Listings as of July 1st (-106 vs last month)
Avg Price of $578,545
Median Days on Market = 137 Days
71 New Listings (-1 vs last month)
Avg Price of $486,820
90 Sold Houses (+32 vs last month)
Avg Price of $410,130
Upper & Dennis & Woodbine Areas
158 Total Active Listings (-16 vs last month)
Avg Price of $261,865
Median Days on Market = 122 Days
20 New Listings (-10 vs last month)
Avg Price of $247,804
27 Sold Houses (+8 vs last month)
Avg Price of $173,418
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.