Market Report! Here’s a quick rundown of most of Cape May County for the month of May 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
122 Total Active Listings as of June 1st
Avg Price of $1,001,757
Median Days on market = 145 Days
22 New Listings (+15 vs last month)
Avg Price of $917,309
15 Sold Houses (-2 vs last month)
Avg Price of $1,254,725
Lower Township Area
215 Active Listings
Avg Price of $356,365
Median Days on Market = 121 Days
35 New Listings (+10 vs last month)
Average Price of $337,796
41 Sold Houses (-16 vs last month)
Avg Price of $299,060
Middle Township Area
253 Total Active Listings
Avg Price of $316,718
Median Days on Market = 151 Days
43 new Listings (+18 vs last month)
Avg Price of $283,365
27 Sold Houses (-15 vs last month)
Avg Price of $246,466
Wildwoods
443 Total Active Listings
Avg Price of $539,902
Median Days on Market = 125 Days
72 New Listings (+23 vs last month)
Avg Price of $510,717
58 Sold Houses (-34 vs last month)
Avg Price of $431,803
Upper & Dennis & Woodbine Areas
174 Total Active Listings
Avg Price of $268,912
Median Days on Market = 109 Days
30 New Listings (+8 vs last month)
Avg Price of $204,499
19 Sold Houses (-2 vs last month)
Avg Price of $241,442
