Posted on 5/17/2021

Real estate Market Report - Cape May County - April 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 April 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 May 1st 2021.

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

Active SFH Listings as of 05/01/21 33 (-7 vs. last month)Median Days on Market 105 Days (-3 Days vs. last month)Median List Price - $1,500,000 (+$25,000 vs. last month) Sold Properties in April 35 (+7 vs. last month)Median Days on Market 65 Days (-31 days vs. last month)Median Sale Price - $795,000 (-$40,000 vs. last month) 

Lower Township

Active SFH Listings as of 05/01/21 65 (+10 vs. last month)Median Days on Market 26 Days (-10 days vs. last month)Median List Price - $325,000 (-$34,000 vs. last month) Sold Properties in April 54 (-7 vs. last month)Median Days on Market 63 Days (-1 day vs. last month)Median Sale Price - $328,500 (-$21,500 vs. last month)

Middle Township

Active SFH Listings as of 05/01/21 53 (+1 vs. last month)Median Days on Market 57 Days (+18 days vs. last month)Median List Price - $415,000 (+$35,000 vs last month) Sold Properties in April 40 (+0 vs. last month)Median Days on Market 89 Days (-34 days vs. last month)Median Sale Price - $212,750 (-$59,750 vs. last month)

The Wildwoods & Diamond Beach

Active SFH Listings as of 05/01/21 32 (+0 vs. last month)Median Days on Market 44 Days (+5 Days vs. last month)Median List Price - $849,900 (+$5,000 vs. last month) Sold Properties in April 96 (-21 vs. last month)Median Days on Market 62 Days (-14 days vs. last month)Median Sale Price - $420,000 (+$45,000 vs. last month)

Dennis Township Upper Township - Woodbine

Active SFH Listings as of 05/01/21 42 (+8 vs. last month)Median Days on Market 50 Days (-50 days vs. last month)Median List Price - $319,450 (-$5,450 vs. last month) Sold Properties in April 22 (-5 vs. last month)Median Days on Market 121 Days (-8 Days vs. last month)Median Sale Price - $262,500 (+$138,450 vs. last month)

Avalon & Stone Harbor

Active SFH Listings as of 05/01/21 48 (+1 vs. last month)Median Days on Market 89 Days (-6 days vs. last month)Median List Price - $4,099,500 (+$249,500 vs. last month) Sold Properties in April 39 (+8 vs. last month)Median Days on Market 78 Days (+9 days vs. last month)Median Sale Price - $1,500,000 (-$120,000 vs. last month)

Sea Isle City & Strathmere

Active SFH Listings as of 05/01/21 8 (-1 vs. last month)Median Days on Market 31 Days (+12 days vs. last month)Median List Price - $2,122,500 (+$22,500 vs. last month) Sold Properties in April 25 (-17 vs. last month)Median Days on Market 66 Days (-2 days vs. last month)Median Sale Price - $999,000 (-$19,500 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.
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