Real Estate Market Report - Cape May County - April 2022
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 2022 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 6th, 2022
Cape May Area (including Cape May City West Cape May Cape May Point)
Active SFH Listings as of 5/06/22 27 (+7 vs. last month)
Median Days on Market 42 Days (+15 Days vs. last month)
Median List Price - $1,849,900 (+$125,900 vs. last month)
Sold Properties in April 17 (-2 vs. last month)
Median Days on Market 149 Days (+42 days vs. last month)
Median Sale Price - $996,774 (+$78,004 vs. last month)
Cape May
Active SFH Listings as of 5/06/22 19 (+7 vs. last month)
Median Days on Market 31 Days (+10 days vs. last month)
Median List Price - $2,179,000 (+$184,000 vs. last month)
Sold Properties in April 14 (-1 vs. last month)
Median Days on Market 150 Days (+43 days vs. last month)
Median Sale Price - $1,148,387 (+$229,617 vs. last month)
West Cape May
Active SFH Listings as of 5/06/22 5 (-2 vs. last month)
Median Days on Market 66 Days (+35 days vs. last month)
Median List Price - $799,000 (+$0 vs. last month)
Sold Properties in April 3 (+0 vs. last month)
Median Days on Market 70 Days (-110 days vs. last month)
Median Sale Price - $860,000 (+$0 vs. last month)
Cape May Point
Active SFH Listings as of 5/06/22 3 (+2 vs. last month)
Median Days on Market 15 Days (-49 Days vs. last month)
Median List Price - $2,050,000 (+$200,000 vs. last month)
Sold Properties in April 0 (-1 vs. last month)
Median Days on Market N/A Days (17 Days in March)
Median Sale Price N/A ($2,170,750 in March)
Lower Township
Active SFH Listings as of 5/06/22 69 (+19 vs. last month)
Median Days on Market 23 Days (+6 days vs. last month)
Median List Price - $429,900 (-$15,000 vs. last month)
Sold Properties in April 41 (+4 vs. last month)
Median Days on Market 54 Days (-19 days vs. last month)
Median Sale Price - $317,500 (-$42,500 vs. last month)
Middle Township
Active SFH Listings as of 5/06/22 68 (+8 vs. last month)
Median Days on Market 44 Days (-2 days vs. last month)
Median List Price - $442,450 (+$0 vs last month)
Sold Properties in April 22 (-10 vs. last month)
Median Days on Market 58 Days (+0 days vs. last month)
Median Sale Price - $362,500 (+$27,500 vs. last month)
The Wildwoods & Diamond Beach
Active SFH Listings as of 5/06/22 39 (+10 vs. last month)
Median Days on Market 29 Days (-21 Days vs. last month)
Median List Price - $850,000 (-$49,900 vs. last month)
Sold Properties in April 76 (-23 vs. last month)
Median Days on Market 78 Days (-17 days vs. last month)
Median Sale Price - $467,500 (+$22,500 vs. last month)
Dennis Township Upper Township - Woodbine
Active SFH Listings as of 5/06/22 35 (+13 vs. last month)
Median Days on Market 24 Days (-39 days vs. last month)
Median List Price - $374,999 (+$101,349 vs. last month)
Sold Properties in April 17 (-10 vs. last month)
Median Days on Market 71 Days (-35 days vs. last month)
Median Sale Price - $240,000 (-$150,000 vs. last month)
Avalon & Stone Harbor
Active SFH Listings as of 5/06/22 44 (+16 vs. last month)
Median Days on Market 33 Days (-6 days vs. last month)
Median List Price - $4,237,500 (-$657,500 vs. last month)
Sold Properties in April 28 (+10 vs. last month)
Median Days on Market 79 Days (+19 days vs. last month)
Median Sale Price - $1,687,500 (-$490,000 vs. last month)
Sea Isle City & Strathmere
Active SFH Listings as of 5/06/22 3 (-1 vs. last month)
Median Days on Market 64 Days (+20 days vs. last month)
Median List Price - $2,595,000 (+$67,501 vs. last month)
Sold Properties in April 22 (-1 vs. last month)
Median Days on Market 87 Days (-52 days vs. last month)
Median Sale Price - $1,497,500 (-$2,500 vs. last month)
