Real Estate Market Report - Cape May County - July 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 July 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 August 2nd 2021.
Cape May Area (including Cape May City West Cape May Cape May Point)
Active SFH Listings as of 08/02/21 35 (-3 vs. last month)Median Days on Market 70 Days (-3 Days vs. last month)Median List Price - $1,250,000 (-$149,999 vs. last month) Sold Properties in July 13 (-14 vs. last month)Median Days on Market 56 Days (-29 days vs. last month)Median Sale Price - $769,000 (-$140,000 vs. last month)
Lower Township
Active SFH Listings as of 08/02/21 97 (+22 vs. last month)Median Days on Market 41 Days (+1 day vs. last month)Median List Price - $349,900 (+$4,900 vs. last month) Sold Properties in July 51 (-15 vs. last month)Median Days on Market 63 Days (+7 days vs. last month)Median Sale Price - $324,000 (+$22,500 vs. last month)
Middle Township
Active SFH Listings as of 08/02/21 84 (+5 vs. last month)Median Days on Market 43 Days (+4 days vs. last month)Median List Price - $370,000 (+$10,000 vs last month) Sold Properties in July 46 (+6 vs. last month)Median Days on Market 63 Days (-22 days vs. last month)Median Sale Price - $315,625 (+$53,125 vs. last month)
The Wildwoods & Diamond Beach
Active SFH Listings as of 08/02/21 40 (+11 vs. last month)Median Days on Market 53 Days (-9 Days vs. last month)Median List Price - $627,500 (-$2,500 vs. last month) Sold Properties in July 62 (-19 vs. last month)Median Days on Market 55 Days (+8 days vs. last month)Median Sale Price - $449,500 (+$50,500 vs. last month)
Dennis Township Upper Township - Woodbine
Active SFH Listings as of 08/02/21 53 (+15 vs. last month)Median Days on Market 35 Days (-17 days vs. last month)Median List Price - $346,500 (+$27,500 vs. last month) Sold Properties in July 22 (-4 vs. last month)Median Days on Market 72 Days (-24 Days vs. last month)Median Sale Price - $175,950 (-123,950vs. last month)
Avalon & Stone Harbor
Active SFH Listings as of 08/02/21 48 (+2 vs. last month)Median Days on Market 83 Days (+14 days vs. last month)Median List Price - $4,225,000 (+$500 vs. last month) Sold Properties in July 17 (+3 vs. last month)Median Days on Market 71 Days (-4 days vs. last month)Median Sale Price - $1,453,000 (-$1,382,000 vs. last month)
Sea Isle City & Strathmere
Active SFH Listings as of 08/02/21 5 (-4 vs. last month)Median Days on Market 118 Days (+28 days vs. last month)Median List Price - $2,499,000 (+$549,000 vs. last month) Sold Properties in June 17 (-9 vs. last month)Median Days on Market 93 Days (+30 days vs. last month)Median Sale Price - $1,300,000 (+25,050 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.
