Real Estate Market Report - Cape May County - February 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 in the month of February 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 February 28th, 2021.
Cape May Area (including Cape May City West Cape May Cape May Point)
Active SFH Listings as of 02/28/21 44 (+2 vs. last month)Median Days on Market 110 Days (+2 Days vs. last month)Median List Price - $1,612,500 (-$37,500 vs. last month) Sold Properties in January 18 (-4 vs. last month)Median Days on Market 143 Days (+31 days vs. last month)Median Sale Price - $881,950 (+$176,550 vs. last month)
Lower Township
Active SFH Listings as of 02/28/21 53 (-9 vs. last month)Median Days on Market 40 Days (+15 days vs. last month)Median List Price - $369,900 (+$20,450 vs. last month) Sold Properties in January 33 (-5 vs. last month)Median Days on Market 69 Days (-7 days vs. last month)Median Sale Price - $287,000 (-$83,000 vs. last month)
Middle Township
Active SFH Listings as of 02/28/21 43 (-11 vs. last month)Median Days on Market 82 Days (-6 days vs. last month)Median List Price - $399,750 (+$94,850 vs last month)Sold Properties in January 27 (+8 vs. last month)Median Days on Market 135 Days (+16 days vs. last month)Median Sale Price - $210,000 (-$29,000 vs. last month)
The Wildwoods & Diamond Beach
Active SFH Listings as of 02/28/21 39 (+4 vs. last month)Median Days on Market 38 Days (-36 Days vs. last month)Median List Price - $750,000 (+$75,000 vs. last month) Sold Properties in January 70 (+1 vs. last month)Median Days on Market 96 Days (+10 days vs. last month)Median Sale Price - $339,500 (-$23,000 vs. last month)
Dennis Township Upper Township - Woodbine
Active SFH Listings as of 02/28/21 38 (-10 vs. last month)Median Days on Market 96 Days (+13 days vs. last month)Median List Price - $254,800 (-$12,650 vs. last month) Sold Properties in January 16 (+9 vs. last month)Median Days on Market 118 Days (-10 Days vs. last month)Median Sale Price - $145,950 (-$174,000 vs. last month)
Avalon & Stone Harbor
Active SFH Listings as of 02/28/21 42 (-3 vs. last month)Median Days on Market 146 Days (+25 days vs. last month)Median List Price - $3,697,500 (+$302,500 vs. last month)Sold Properties in January 23 (-3 vs. last month)Median Days on Market 133 Days (-11 days vs. last month)Median Sale Price - $2,150,000 (-$510,500 vs. last month)
Sea Isle City & Strathmere
Active SFH Listings as of 02/02/21 2 (-3 vs. last month)Median Days on Market 13 Days (-105 days vs. last month)Median List Price - $2,299,000 (-$51,000 vs. last month) Sold Properties in January 21 (+4 vs. last month)Median Days on Market 116 Days (+40 days vs. last month)Median Sale Price - $982,000 (+$152,000 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.
