Real Estate Market Report - Cape May County - January 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 January 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 February 5th, 2022.
Cape May Area (including Cape May City West Cape May Cape May Point)
Active SFH Listings as of 2/05/22 14 (-1 vs. last month)
Median Days on Market 49 Days (-3 Days vs. last month)
Median List Price - $1,597,000 (+$98,000 vs. last month)
Sold Properties in January 24 (-1 vs. last month)
Median Days on Market 71 Days (-43 days vs. last month)
Median Sale Price - $1,135,000 (-$84,500 vs. last month)
Lower Township
Active SFH Listings as of 2/05/22 46 (-10 vs. last month)
Median Days on Market 51 Days (+3 days vs. last month)
Median List Price - $394,450 (+$12,125 vs. last month)
Sold Properties in January 28 (-21 vs. last month)
Median Days on Market 83 Days (+6 days vs. last month)
Median Sale Price - $385,000 (+$60,000 vs. last month)
Middle Township
Active SFH Listings as of 2/05/22 47 (-7 vs. last month)
Median Days on Market 92 Days (+7 days vs. last month)
Median List Price - $395,000 (+$18,000 vs last month)
Sold Properties in January 17 (-15 vs. last month)
Median Days on Market 94 Days (+22 days vs. last month)
Median Sale Price - $299,000 (+$0 vs. last month)
The Wildwoods & Diamond Beach
Active SFH Listings as of 2/05/22 30 (-2 vs. last month)
Median Days on Market 91 Days (-11 Days vs. last month)
Median List Price - $869,499 (+$71,999 vs. last month)
Sold Properties in January 59 (-30 vs. last month)
Median Days on Market 95 Days (+12 days vs. last month)
Median Sale Price - $385,000 (-$90,000 vs. last month)
Dennis Township Upper Township - Woodbine
Active SFH Listings as of 2/05/22 26 (-13 vs. last month)
Median Days on Market 143 Days (+48 days vs. last month)
Median List Price - $219,499 (-$99,501 vs. last month)
Sold Properties in January 17 (-3 vs. last month)
Median Days on Market 87 Days (+1 day vs. last month)
Median Sale Price - $251,000 (-$31,500 vs. last month)
Avalon & Stone Harbor
Active SFH Listings as of 2/05/22 27 (-6 vs. last month)
Median Days on Market 119 Days (+29 days vs. last month)
Median List Price - $4,895,000 (+$900,000 vs. last month)
Sold Properties in January 24 (-11 vs. last month)
Median Days on Market 100 Days (+12 days vs. last month)
Median Sale Price - $2,372,500 (-$37,500 vs. last month)
Sea Isle City & Strathmere
Active SFH Listings as of 2/05/22 4 (+1 vs. last month)
Median Days on Market 65 Days (-26 days vs. last month)
Median List Price - $3,447,450 (-$1,052,550 vs. last month)
Sold Properties in January 14 (-5 vs. last month)
Median Days on Market 92 Days (+6 days vs. last month)
Median Sale Price - $1,346,000 (-$99,000 vs. last month)
