Real Estate Market Report - Cape May County - March 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 March 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 April 2nd, 2022
Cape May Area (including Cape May City West Cape May Cape May Point)
Active SFH Listings as of 4/02/22 20 (+7 vs. last month)
Median Days on Market 27 Days (-7 Days vs. last month)
Median List Price - $1,724,000 (-$26,000 vs. last month)
Sold Properties in March 19 (+11 vs. last month)
Median Days on Market 107 Days (-5 days vs. last month)
Median Sale Price - $918,770 (+$156,270 vs. last month)
Cape May
Active SFH Listings as of 4/02/22 12 (+5 vs. last month)
Median Days on Market 21 Days (-82 days vs. last month)
Median List Price - $1,995,000 (+$100,000 vs. last month)
Sold Properties in March 15 (+8 vs. last month)
Median Days on Market 107 Days (+9 days vs. last month)
Median Sale Price - $918,770 (+$193,770 vs. last month)
West Cape May
Active SFH Listings as of 4/02/22 7 (+4 vs. last month)
Median Days on Market 31 Days (-48 days vs. last month)
Median List Price - $799,000 (-$100,000 vs. last month)
Sold Properties in March 3 (+2 vs. last month)
Median Days on Market 180 Days (-130 days vs. last month)
Median Sale Price - $860,000 (-$190,000 vs. last month)
Cape May Point
Active SFH Listings as of 4/02/22 1 (-2 vs. last month)
Median Days on Market 64 Days (+64 Days vs. last month)
Median List Price - $1,850,000 (+$0 vs. last month)
Sold Properties in March 1 (+1 vs. last month)
Median Days on Market 17 Days (-107 Days vs. Dec.)
Median Sale Price 2,170,750 (+$588,250 vs. Dec)
Lower Township
Active SFH Listings as of 4/02/22 50 (+6 vs. last month)
Median Days on Market 17 Days (-19 days vs. last month)
Median List Price - $444,900 (+$50,400 vs. last month)
Sold Properties in March 37 (+6 vs. last month)
Median Days on Market 73 Days (-1 days vs. last month)
Median Sale Price - $360,000 (+$27,000 vs. last month)
Middle Township
Active SFH Listings as of 4/02/22 60 (+6 vs. last month)
Median Days on Market 46 Days (-18 days vs. last month)
Median List Price - $442,450 (+$58,000 vs last month)
Sold Properties in March 32 (+8 vs. last month)
Median Days on Market 58 Days (-56 days vs. last month)
Median Sale Price - $335,000 (-$7,000 vs. last month)
The Wildwoods & Diamond Beach
Active SFH Listings as of 4/02/22 29 (-7 vs. last month)
Median Days on Market 50 Days (+2 Days vs. last month)
Median List Price - $899,900 (+$117,450 vs. last month)
Sold Properties in March 99 (+26 vs. last month)
Median Days on Market 95 Days (-33 days vs. last month)
Median Sale Price - $445,000 (+$65,000 vs. last month)
Dennis Township Upper Township - Woodbine
Active SFH Listings as of 4/02/22 22 (-6 vs. last month)
Median Days on Market 63 Days (+11 days vs. last month)
Median List Price - $273,650 (-$71,300 vs. last month)
Sold Properties in March 27 (+14 vs. last month)
Median Days on Market 106 Days (+20 days vs. last month)
Median Sale Price - $390,000 (+$95,000 vs. last month)
Avalon & Stone Harbor
Active SFH Listings as of 4/02/22 28 (+6 vs. last month)
Median Days on Market 39 Days (-96 days vs. last month)
Median List Price - $4,895,000 (-$2,500 vs. last month)
Sold Properties in March 18 (+0 vs. last month)
Median Days on Market 60 Days (-34 days vs. last month)
Median Sale Price - $2,177,500 (+$15,000 vs. last month)
Sea Isle City & Strathmere
Active SFH Listings as of 4/02/22 4 (-1 vs. last month)
Median Days on Market 44 Days (+27 days vs. last month)
Median List Price - $2,527,499 (+$127,599 vs. last month)
Sold Properties in March 23 (+17 vs. last month)
Median Days on Market 139 Days (+14 days vs. last month)
Median Sale Price - $1,500,000 (-$275,000 vs. last month)
