Market Report incoming!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 08/02/21 23 (-3 vs. last month)Median Days on Market 88 Days (-1 day vs. last month)Median List Price - $1,495,000 (-$105,000 vs. last month) Sold Properties in July 9 (-12 vs. last month)Median Days on Market 52 Days (-37 days vs. last month)Median Sale Price - $626,000 (-$324,000 vs. last month)

West Cape May

Active SFH Listings as of 08/02/21 5 (-1 vs. last month)Median Days on Market 98 Days (+46 days vs. last month)Median List Price - $1,195,00 (+$170,050 vs. last month) Sold Properties in July 2 (-3 vs. last month)Median Days on Market 188 Days (+103 days vs. last month)Median Sale Price - $769,000 (-$6,000 vs. last month)

Cape May Point

Active SFH Listings as of 08/02/21 7 (+1 vs. last month)Median Days on Market 38 Days (+7 days vs. last month)Median List Price - $1,149,000 (+$239,550 vs. last month) Sold Properties in July 2 (+1 vs. last month)Median Days on Market 56 Days (-14 Days vs. last month)Median Sale Price $1,187,500 (+$377,500 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.