Real Estate Market Report – November 2020 – Cape May County

Market Report! Here’s a quick Real Estate market report of most of Cape May County. Included is a recap of all sold properties in the month of November for a given area; as well as a current look at the current inventory of single family homes(SFH) in an area as of December 2nd 2020.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cape May Area (including Cape May City – West Cape May – Cape May Point)

Active SFH Listings as of 12/2/20 – 46 (-2 vs. last month)

Median Days on Market – 56 Days (+16 Days vs. last month)

Median List Price – $1,650,000 (+$175,000 vs. last month)

 

Sold Properties in November – 24

Median Days on Market – 66 Days

Median Sale Price – $700,000

 

Lower Township

Active SFH Listings as of 12/2/20– 67 (-24 vs. last month)

Median Days on Market – 48 Days (-14 days vs. last month)

Median List Price – $359,900 (+73,900 vs. last month)

 

Sold Properties in November – 72

Median Days on Market – 80 Days

Median Sale Price – $289,350

 

Middle Township

Active SFH Listings as of 12/2/20 – 77 (-14 vs. last month)

Median Days on Market – 66 Days (+4 days vs. last month)

Median List Price – $299,999 (+$13,999 vs last month)

Sold Properties in November – 47

Median Days on Market – 75 Days

Median Sale Price – $280,000

 

The Wildwoods & Diamond Beach

Active SFH Listings as of 12/2/20 – 40 (+2 vs. last month)

Median Days on Market – 50 Days (+12 vs. last month)

Median List Price – $587,400 (-$80,050 vs. last month)

 

Sold Properties in November – 110

Median Days on Market – 72 Days

Median Sale Price – $331,250

 

Dennis Township – Upper Township – Woodbine

Active SFH Listings as of 12/2/20 – 68 (+2 vs. last month)

Median Days on Market – 73 Days (+12 days vs. last month)

Median List Price – $299,000 (+$20,000 vs. last month)

 

Sold Properties in November – 19

Median Days on Market – 77 Days

Median Sale Price – $259,900

 

Avalon & Stone Harbor

Active SFH Listings as of 12/2/20 – 67 (+4 vs. last month)

Median Days on Market – 76 Days (+1 day vs. last month)

Median List Price – $3,100,000 (+$100,000 vs. last month)

Sold Properties in November – 46

Median Days on Market – 87 Days

Median Sale Price – $1,797,500

 

Sea Isle City & Strathmere

Active SFH Listings as of 12/2/20 – 7 (-5 vs. last month)

Median Days on Market – 56 Days (-22 days vs. last month)

Median List Price – $2,229,000 (+$696,500 vs. last month)

 

Sold Properties in November – 30

Median Days on Market – 75 Days

Median Sale Price – $832,750

 

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.

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