Posted on 10/4/2021

Cape May Real Estate Market Report - September 2021

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 September 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 October 4th, 2021.

Cape May Area (including Cape May City West Cape May Cape May Point)

Active SFH Listings as of 10/04/21 28 (-8 vs. last month)Median Days on Market 91 Days (+5 Days vs. last month)Median List Price - $1,512,000 (+$12,000 vs. last month) Sold Properties in September 23 (+14 vs. last month)Median Days on Market 113 Days (+4 days vs. last month)Median Sale Price - $836,000 (-$58,900 vs. last month) 

Lower Township

Active SFH Listings as of 10/04/21 81 (-13 vs. last month)Median Days on Market 41 Days (-5 days vs. last month)Median List Price - $349,999 (-$44,451 vs. last month) Sold Properties in September 45 (+3 vs. last month)Median Days on Market 69 Days (+1 days vs. last month)Median Sale Price - $349,900 (+$8,400 vs. last month)

Middle Township

Active SFH Listings as of 10/04/21 79 (-1 vs. last month)Median Days on Market 79 Days (+20 days vs. last month)Median List Price - $378,000 (-$8,500 vs last month) Sold Properties in September 35 (+6 vs. last month)Median Days on Market 91 Days (+12 days vs. last month)Median Sale Price - $325,000 (+$95,000 vs. last month)

The Wildwoods & Diamond Beach

Active SFH Listings as of 10/04/21 42 (+8 vs. last month)Median Days on Market 32 Days (-11 Days vs. last month)Median List Price - $699,500 (+$60,000 vs. last month) Sold Properties in September 85 (+14 vs. last month)Median Days on Market 63 Days (+0 days vs. last month)Median Sale Price - $439,900 (+$29,900 vs. last month)

Dennis Township Upper Township - Woodbine

Active SFH Listings as of 10/04/21 67 (-1 vs. last month)Median Days on Market 63 Days (+26 days vs. last month)Median List Price - $319,000 (+$19,100 vs. last month) Sold Properties in September 18 (+1 vs. last month)Median Days on Market 73 Days (+6 Days vs. last month)Median Sale Price - $227,500 (-$47,500 vs. last month)

Avalon & Stone Harbor

Active SFH Listings as of 10/04/21 40 (-1 vs. last month)Median Days on Market 65 Days (+46 days vs. last month)Median List Price - $4,500,000 (+$275,000 vs. last month) Sold Properties in September 33 (+5 vs. last month)Median Days on Market 105 Days (+22 days vs. last month)Median Sale Price - $2,600,000 (+$290,000 vs. last month)

Sea Isle City & Strathmere

Active SFH Listings as of 10/04/21 3 (-2 vs. last month)Median Days on Market 84 Days (+33 days vs. last month)Median List Price - $2,299,999 (+$724,999 vs. last month) Sold Properties in September 28 (+13 vs. last month)Median Days on Market 88 Days (-29 days vs. last month)Median Sale Price - $1,039,949 (-$380,051 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.
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