Posted on 11/10/2021

Cape May Real Estate Market Report - October 2021

Here s a quick Real Estate market report for Cape May, West Cape May, and Cape May Point for the month of August. Included is a recap of all sold properties(SFH, Land, Condo, etc) in the month of October 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 November 5th 2021

Cape May

Active SFH Listings as of 11/05/21 13 (-6 vs. last month)

Median Days on Market 114 Days (+13 days vs. last month)

Median List Price - $1,699,000 (+$100,000 vs. last month)

Sold Properties in October 18 (+2 vs. last month)

Median Days on Market 65 Days (-54 days vs. last month)

Median Sale Price - $677,450 (-$65,050  vs. last month)

West Cape May

Active SFH Listings as of 11/05/21 4 (+0 vs. last month)

Median Days on Market 141 Days (+32 days vs. last month)

Median List Price - $1,124,999 (+0 vs. last month)

Sold Properties in September 2 (+1 vs. last month)

Median Days on Market 91 Days (+2 days vs. last month)

Median Sale Price - $762,500 (+$252,500 vs. last month)

Cape May Point

Active SFH Listings as of 11/05/21 1 (-4 vs. last month)

Median Days on Market 99 Days  (+32 days vs. last month)

Median List Price - $999,000 (-$1,000,000 vs. last month)

Sold Properties in October 0 (-6 vs. last month)

Median Days on Market No Data (123 Days last month)

Median Sale Price No Data ($1,115,000 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-property

This info deemed reliable but not guaranteed. Information compiled from the Cape May County Multiple Listing Service.

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