Real Estate Market Report - Cape May County - May 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 May 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 June 1st 2021.
Cape May Area (including Cape May City West Cape May Cape May Point)
Active SFH Listings as of 06/01/21 35 (+2 vs. last month)Median Days on Market 118 Days (+13 Days vs. last month)Median List Price - $1,450,000 (-$50,000 vs. last month) Sold Properties in May 20 (-15 vs. last month)Median Days on Market 69 Days (+4 days vs. last month)Median Sale Price - $862,500 (+$67,500 vs. last month)
Lower Township
Active SFH Listings as of 06/01/21 76 (+11 vs. last month)Median Days on Market 28 Days (+2 days vs. last month)Median List Price - $349,900 (+$24,950 vs. last month) Sold Properties in May 41 (-13 vs. last month)Median Days on Market 53 Days (-10 days vs. last month)Median Sale Price - $313,500 (-$15,500 vs. last month)
Middle Township
Active SFH Listings as of 06/01/21 67 (+14 vs. last month)Median Days on Market 29 Days (-28 days vs. last month)Median List Price - $425,000 (+$10,000 vs last month) Sold Properties in May 25 (-15 vs. last month)Median Days on Market 74 Days (-15 days vs. last month)Median Sale Price - $253,000 (+$40,250 vs. last month)
The Wildwoods & Diamond Beach
Active SFH Listings as of 06/01/21 28 (-4 vs. last month)Median Days on Market 61 Days (+17 Days vs. last month)Median List Price - $737,000 (-$112,900 vs. last month) Sold Properties in May 71 (-25 vs. last month)Median Days on Market 51 Days (-11 days vs. last month)Median Sale Price - $430,000 (+$10,000 vs. last month)
Dennis Township Upper Township - Woodbine
Active SFH Listings as of 06/01/21 39 (-3 vs. last month)Median Days on Market 53 Days (+3 days vs. last month)Median List Price - $319,000 (-$450 vs. last month) Sold Properties in May 15 (-7 vs. last month)Median Days on Market 75 Days (-46 Days vs. last month)Median Sale Price - $215,000 (-$47,500 vs. last month)
Avalon & Stone Harbor
Active SFH Listings as of 06/01/21 63 (+15 vs. last month)Median Days on Market 65 Days (-24 days vs. last month)Median List Price - $3,788,000 (-$311,500 vs. last month) Sold Properties in April 23 (-16 vs. last month)Median Days on Market 106 Days (+28 days vs. last month)Median Sale Price - $1,499,000 (-$1,000 vs. last month
Sea Isle City & Strathmere
Active SFH Listings as of 06/01/21 10 (+2 vs. last month)Median Days on Market 60 Days (+29 days vs. last month)Median List Price - $2,122,500 (+$0 vs. last month) Sold Properties in April 28 (+3 vs. last month)Median Days on Market 77 Days (+11 days vs. last month)Median Sale Price - $1,290,500 (+$291,500 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-propertyThis info deemed reliable but not guaranteed. Information compiled from the Cape May County Multiple Listing Service.
