Posted on 9/1/2020

Real Estate Market Report - August 2020 - Cape May County

Market Report! Here s a quick rundown of most of Cape May County for the month of August 2020. Included is new listings, sold properties, and total active listings at the end of the month.Cape May + West Cape May + Cape May Point40 Total Active Listings as of August 31st (Same vs last month)Median Price of $971,450Median Days on market = 49 Days 22 New Listings (-7 vs last month)Median Price of $737,000 30 Sold Houses (+15 vs last month)Median Price of $797,750  Lower Township Area94 Active Listings as of August 31st (-3 vs last month)Median Price of $299,900Median Days on Market = 31 57 New Listings (+5 vs last month)Median Price of $349,000 67 Sold Houses (-2 vs last month)Avg Price of $253,000  Middle Township Area105 Total Active Listings as of August 31st (-2 vs last month)Median Price of $289,950Median Days on Market = 69 Days 51 new Listings (+14vs last month)Median Price of $259,900 50 Sold Houses (+10 vs last month)Avg Price of $201,250 Wildwoods44 Total Active Listings as of August 31st (same vs. last month)Median Price of $524,900Median Days on Market = 87 Days 93 New Listings (+8 vs last month)Median Price of $339,000 126 Sold Houses (-4 vs last month)Median Price of $327,750 Upper & Dennis & Woodbine Areas69 Total Active Listings as of August 31st(-2 vs last month)Median Price of $299,000Median Days on Market = 119 Days 27 New Listings (+4 vs last month)Median Price of $199,800 18 Sold Houses (-12 vs last month)Median Price of $179,000 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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