Real Estate Market Report - July 2020 - Cape May County

Market Report! Here s a quick rundown of most of Cape May County for the month of July 2020. Included is new listings, sold properties, and total active listings at the end of the month. Cape May + West Cape May + Cape May Point40 Total Active Listings as of August 1st (-57 vs last month)Median Price of $879,000Median Days on market = 42 Days 29 New Listings (+9 vs last month)Median Price of $750,000 15 Sold Houses (-7 vs last month)Median Price of $585,000 

Lower Township Area

97 Active Listings as of August 1st (-86 vs last month)Median Price of $272,600Median Days on Market = 46 52 New Listings (+5 vs last month)Median Price of $295,000 69 Sold Houses (+9 vs last month)Avg Price of $240,000 Middle Township Area107 Total Active Listings as of August 1st (-146 vs last month)Median Price of $294,500Median Days on Market = 71 Days 37 new Listings (-23 vs last month)Median Price of $244,900 40 Sold Houses (+6 vs last month)Avg Price of $247,450 

Wildwoods

44 Total Active Listings as of August 1^st (-293 vs last month)Median Price of $498,388Median Days on Market = 66 Days 101 New Listings (+30 vs last month)Median Price of $379,900 130 Sold Houses (+40 vs last month)Median Price of $273,050 

Upper & Dennis & Woodbine Areas

71 Total Active Listings as of August 1st(-87 vs last month)Median Price of $279,900Median Days on Market = 114 Days 23 New Listings (+3 vs last month)Median Price of $260,000 30 Sold Houses (+3 vs last month)Median Price of $176,250 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.