Real Estate Market Report - Cape May County - January 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 January 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 2nd, 2021.
Cape May Area (including Cape May City West Cape May Cape May Point)
Active SFH Listings as of 02/02/21 42 (-1 vs. last month)Median Days on Market 108 Days (+21 Days vs. last month)Median List Price - $1,650,000 (+0 vs. last month) Sold Properties in January 22 (-12 vs. last month)Median Days on Market 88 Days (+15 days vs. last month)Median Sale Price - $838,773 (-$160,727 vs. last month)
Lower Township
Active SFH Listings as of 02/02/21 62 (+7 vs. last month)Median Days on Market 25 Days (-28 days vs. last month)Median List Price - $349,450 (-$20,450 vs. last month) Sold Properties in January 38 (-18 vs. last month)Median Days on Market 76 Days (+1 days vs. last month)Median Sale Price - $370,000 (+$89,000 vs. last month)
Middle Township
Active SFH Listings as of 02/02/21 54 (-11 vs. last month)Median Days on Market 88 Days (+6 days vs. last month)Median List Price - $304,900 (+$25,900 vs last month)Sold Properties in January 19 (-14 vs. last month)Median Days on Market 119 Days (+8 days vs. last month)Median Sale Price - $239,000 (-$6,000 vs. last month)
The Wildwoods & Diamond Beach
Active SFH Listings as of 02/02/21 35 (+0 vs. last month)Median Days on Market 74 Days (-6 vs. last month)Median List Price - $675,000 (-$126,000 vs. last month) Sold Properties in January 69 (-37 vs. last month)Median Days on Market 86 Days (+22 days vs. last month)Median Sale Price - $379,900 (+$17,400 vs. last month)
Dennis Township Upper Township - Woodbine
Active SFH Listings as of 02/02/21 48 (-10 vs. last month)Median Days on Market 83 Days (-7 days vs. last month)Median List Price - $267,450 (-$39,950 vs. last month) Sold Properties in January 6 (-4 vs. last month)Median Days on Market 128 Days (+59 Days vs. last month)Median Sale Price - $319,950 (+$98,950 vs. last month)
Avalon & Stone Harbor
Active SFH Listings as of 02/02/21 45 (-8 vs. last month)Median Days on Market 121 Days (+14 days vs. last month)Median List Price - $3,395,000 (+$245,000 vs. last month) Sold Properties in January 26 (-22 vs. last month)Median Days on Market 144 Days (+28 days vs. last month)Median Sale Price - $1,639,500 (-$460,500 vs. last month)
Sea Isle City & Strathmere
Active SFH Listings as of 02/02/21 5 (-3 vs. last month)Median Days on Market 118 Days (+32 days vs. last month)Median List Price - $2,350,000 (-$225,550 vs. last month) Sold Properties in January 17 (-16 vs. last month)Median Days on Market 86 Days (+8 days vs. last month)Median Sale Price - $830,000 (-$80,000 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.
