Market Report! Here s a quick Real Estate market report for Cape May, West Cape May, and Cape May Point for the month of June. Included is a recap of all sold properties(SFH, Land, Condo, etc) in the month of June 2021 for a given area; as well as a current look at the current inventory of residential single family homes(SFH) in an area as of July 4^th 2021.

Cape May

Active SFH Listings as of 07/04/21 26 (-1 vs. last month)Median Days on Market 89 Days (-43 days vs. last month)Median List Price - $1,600,000 (+$5,000 vs. last month) Sold Properties in June 21 (+5 vs. last month)Median Days on Market 89 Days (+29 days vs. last month)Median Sale Price - $950,000 (+$107,500 vs. last month)

West Cape May

Active SFH Listings as of 07/04/21 6 (+1 vs. last month)Median Days on Market 52 Days (+15 days vs. last month)Median List Price - $1,024,950 (-$225,050 vs. last month) Sold Properties in June 5 (+4 vs. last month)Median Days on Market 85 Days (-14 days vs. last month)Median Sale Price - $775,000 (+$40,000 vs. last month)

Cape May Point

Active SFH Listings as of 07/04/21 6 (+4 vs. last month)Median Days on Market 31 Days (-5 days vs. last month)Median List Price - $909,450 (-$239,550 vs. last month) Sold Properties in June 1 (+0 vs. last month)Median Days on Market 70 Days (-16 Days vs. last month)Median Sale Price $810,000 (+$189,900 vs last month) 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-propertyThis info deemed reliable but not guaranteed. Information compiled from the Cape May County Multiple Listing Service.