Real Estate Market Report - Cape May County - March 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 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 April 3rd 2021.
Cape May Area (including Cape May City West Cape May Cape May Point)
Active SFH Listings as of 04/03/21 40 (-4 vs. last month)Median Days on Market 108 Days (-2 Days vs. last month)Median List Price - $1,475,000 (-$137,500 vs. last month) Sold Properties in January 28 (+10 vs. last month)Median Days on Market 96 Days (-46 days vs. last month)Median Sale Price - $835,000 (-$46,950 vs. last month)
Lower Township
Active SFH Listings as of 04/03/21 55 (+2 vs. last month)Median Days on Market 36 Days (-4 days vs. last month)Median List Price - $359,000 (-$10,900 vs. last month) Sold Properties in March 61 (+28 vs. last month)Median Days on Market 64 Days (-5 days vs. last month)Median Sale Price - $350,000 (+$63,000 vs. last month)
Middle Township
Active SFH Listings as of 04/03/21 52 (+9 vs. last month)Median Days on Market 39 Days (-33 days vs. last month)Median List Price - $380,000 (-$19,750 vs last month) Sold Properties in January 40 (+13 vs. last month)Median Days on Market 123 Days (-12 days vs. last month)Median Sale Price - $272,500 (+$62,500 vs. last month)
The Wildwoods & Diamond Beach
Active SFH Listings as of 04/03/21 32 (-7 vs. last month)Median Days on Market 39 Days (+1 Day vs. last month)Median List Price - $844,900 (+$94,900 vs. last month) Sold Properties in March 117 (+47 vs. last month)Median Days on Market 76 Days (-20 days vs. last month)Median Sale Price - $375,000 (-$35,500 vs. last month)
Dennis Township Upper Township - Woodbine
Active SFH Listings as of 04/03/21 34 (-4 vs. last month)Median Days on Market 100 Days (+4 days vs. last month)Median List Price - $324,900 (+$70,100 vs. last month) Sold Properties in March 27 (+11 vs. last month)Median Days on Market 129 Days (+11 Days vs. last month)Median Sale Price - $124,050 (-$174,000 vs. last month)
Avalon & Stone Harbor
Active SFH Listings as of 04/03/21 47 (+5 vs. last month)Median Days on Market 95 Days (-51 days vs. last month)Median List Price - $3,850,000 (+$152,500 vs. last month) Sold Properties in March 31 (+8 vs. last month)Median Days on Market 69 Days (-64 days vs. last month)Median Sale Price - $1,620,000 (-$530,000 vs. last month)
Sea Isle City & Strathmere
Active SFH Listings as of 04/03/21 9 (+7 vs. last month)Median Days on Market 19 Days (+6 days vs. last month)Median List Price - $2,100,000 (-$199,000 vs. last month) Sold Properties in March 42 (+21 vs. last month)Median Days on Market 68 Days (-48 days vs. last month)Median Sale Price - $1,018,500 (+$36,500 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-property This info deemed reliable but not guaranteed. Information compiled from the Cape May County Multiple Listing Service.
