Real Estate Market Report - May 2020 - Cape May County

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 1^stAvg Price of $1,001,757Median 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 ListingsAvg Price of $356,365Median 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 ListingsAvg Price of $316,718Median 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 Wildwoods443 Total Active ListingsAvg Price of $539,902Median 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 ListingsAvg Price of $268,912Median 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