Real Estate Market Report - June 2020 - Cape May County

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 1^st (-25 vs last month)Avg Price of $1,055,685Median 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 $379,886Median 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 1^st (same as last month)Avg Price of $324,877Median 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 Wildwoods337 Total Active Listings as of July 1st (-106 vs last month)Avg Price of $578,545Median 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 $261,865Median 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.