Real Estate Market Report - Cape May County - August 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 August 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 September 1st, 2021.
Cape May Area (including Cape May City West Cape May Cape May Point)
Active SFH Listings as of 09/01/21 36 (+1 vs. last month)Median Days on Market 86 Days (+16 Days vs. last month)Median List Price - $1,500,000 (+$250,000 vs. last month) Sold Properties in August 9 (-4 vs. last month)Median Days on Market 109 Days (+53 days vs. last month)Median Sale Price - $894,900 (+$125,900 vs. last month)
Lower Township
Active SFH Listings as of 09/01/21 94 (-3 vs. last month)Median Days on Market 46 Days (+5 days vs. last month)Median List Price - $394,450 (+$44,550 vs. last month) Sold Properties in August 42 (-9 vs. last month)Median Days on Market 68 Days (+5 days vs. last month)Median Sale Price - $341,500 (+$17,500 vs. last month)
Middle Township
Active SFH Listings as of 09/01/21 80 (-4 vs. last month)Median Days on Market 59 Days (+16 days vs. last month)Median List Price - $387,500 (+$17,500 vs last month) Sold Properties in August 29 (-17 vs. last month)Median Days on Market 79 Days (+16 days vs. last month)Median Sale Price - $230,000 (-$85,625 vs. last month)
The Wildwoods & Diamond Beach
Active SFH Listings as of 09/01/21 34 (-6 vs. last month)Median Days on Market 43 Days (-10 Days vs. last month)Median List Price - $639,500 (+$12,000 vs. last month) Sold Properties in August 71 (+9 vs. last month)Median Days on Market 63 Days (+8 days vs. last month)Median Sale Price - $410,000 (-$39,500 vs. last month)
Dennis Township Upper Township - Woodbine
Active SFH Listings as of 09/01/21 68 (+15 vs. last month)Median Days on Market 37 Days (+2 days vs. last month)Median List Price - $299,900 (-$46,600 vs. last month) Sold Properties in August 17 (-5 vs. last month)Median Days on Market 67 Days (-5 Days vs. last month)Median Sale Price - $275,000 (+99,050 vs. last month)
Avalon & Stone Harbor
Active SFH Listings as of 09/01/21 41 (-7 vs. last month)Median Days on Market 111 Days (+28 days vs. last month)Median List Price - $4,225,000 (+$500 vs. last month) Sold Properties in August 28 (+11 vs. last month)Median Days on Market 83 Days (+12 days vs. last month)Median Sale Price - $2,310,000 (+857,000 vs. last month)
Sea Isle City & Strathmere
Active SFH Listings as of 09/01/21 5 (+0 vs. last month)Median Days on Market 51 Days (-67 days vs. last month)Median List Price - $1,575,000 (-$924,000 vs. last month) Sold Properties in August 8 (-9 vs. last month)Median Days on Market 83 Days (-10 days vs. last month)Median Sale Price - $2,749,500 (+1,449,500 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.
