Posted on 2/10/2022

Cape May Real Estate Market Report - January 2022

Market Report! Here s a quick Real Estate market report of most of Cape May County. Included is a recap of all sold properties(SFH, Land, Condo, etc) in the month of January 2022 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 February 5th, 2022.

Cape May

Active SFH Listings as of 2/05/22 9 (+0 vs. last month)

Median Days on Market 80 Days (+25 days vs. last month)

Median List Price - $1,749,000 (+$0 vs. last month)

Sold Properties in January 17 (+1 vs. last month)

Median Days on Market 64 Days (-28 days vs. last month)

Median Sale Price - $1,075,000 (-$360,000 vs. last month)

West Cape May

Active SFH Listings as of 2/05/22 4 (-1 vs. last month)

Median Days on Market 49 Days (-93 days vs. last month)

Median List Price - $924,500 (-$325,500 vs. last month)

Sold Properties in January 7 (+3 vs. last month)

Median Days on Market 81 Days (-115 days vs. last month)

Median Sale Price - $1,195,000 (+$121,000 vs. last month)

Cape May Point

Active SFH Listings as of 2/05/22 1 (+0 vs. last month)

Median Days on Market 8 Days (-21 Days vs last month)

Median List Price - $1,850,000 (+$350,100 vs. last month)

Sold Properties in January 0 (-4 vs. last month)

Median Days on Market N/A (124 Days in Dec)

Median Sale Price N/A ($1,582,500 in Dec)

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.

Cagegory Market Report