Real Estate Market Report – September 2020 – Cape May County

Market Report! Here’s a quick rundown of most of Cape May County for the month of September 2020. Included is new listings, sold properties, and total active listings at the beginning of October 2020.

Cape May + West Cape May + Cape May Point Areas

 

48 Total Active Listings as of August 31st (+8 vs last month)

Median Price of $1,150,000

Median Days on market = 40 Days

 

23 New Listings (+1 vs last month)

Median Price of $1,099,000

 

19 Sold Houses (-11 vs last month)

Median Price of $775,000

 

Lower Township Area

 

97 Active Listings as of August 31st (+3 vs last month)

Median Price of $327,500

Median Days on Market = 39

 

49 New Listings (-8 vs last month)

Median Price of $375,000

 

79 Sold Houses (+12 vs last month)

Avg Price of $274,900

 

Middle Township Area

 

105 Total Active Listings as of August 31st (-2 vs last month)

Median Price of $289,950

Median Days on Market = 69 Days

 

34 new Listings (-17 vs last month)

Median Price of $282,000

 

44 Sold Houses (-6 vs last month)

Median Price of $262,500

 

The Wildwoods & Diamond Beach Areas

 

39 Total Active Listings as of October 7th (-5 vs. last month)

Median Price of $549,900

Median Days on Market = 41 Days

 

15 New Listings (+11 vs last month)

Median Price of $599,000

 

18 Sold Houses (-11 vs last month)

Median Price of $470,000

 

Upper Township, Dennis Township & Woodbine Areas

 

68 Total Active Listings as of October 7th (-1 vs last month)

Median Price of $284,700

Median Days on Market = 44 Days

 

37 New Listings (+10 vs last month)

Median Price of $260,000

 

22 Sold Houses (+4 vs last month)

Median Price of $301,250

 

Avalon & Stone Harbor Areas

 

79 Total Active Listings as of October 7th

Median Price of $3,295,000

Median Days on Market = 75 Days

 

28 New Listings

Median Price of $2,922,500

 

51 Sold Houses

Median Price of $2,400,000

 

Sea Isle City & Strathmere Areas

 

7 Total Active Listings as of October 7th

Median Price of $1,395,000

Median Days on Market = 51 Days

 

2 New Listings

Median Price of $1,412,500

 

3 Sold Houses

Median Price of $650,000

 

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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