Real Estate Market Report - November 2020 - Cape May County
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 November for a given area; as well as a current look at the current inventory of single family homes(SFH) in an area as of December 2nd 2020.
Cape May Area (including Cape May City West Cape May Cape May Point)
Active SFH Listings as of 12/2/20 46 (-2 vs. last month)Median Days on Market 56 Days (+16 Days vs. last month)Median List Price - $1,650,000 (+$175,000 vs. last month) Sold Properties in November 24Median Days on Market 66 DaysMedian Sale Price - $700,000
Lower Township
Active SFH Listings as of 12/2/20 67 (-24 vs. last month)Median Days on Market 48 Days (-14 days vs. last month)Median List Price - $359,900 (+73,900 vs. last month) Sold Properties in November 72Median Days on Market 80 DaysMedian Sale Price - $289,350
Middle Township
Active SFH Listings as of 12/2/20 77 (-14 vs. last month)Median Days on Market 66 Days (+4 days vs. last month)Median List Price - $299,999 (+$13,999 vs last month)Sold Properties in November 47Median Days on Market 75 DaysMedian Sale Price - $280,000
The Wildwoods & Diamond Beach
Active SFH Listings as of 12/2/20 40 (+2 vs. last month)Median Days on Market 50 Days (+12 vs. last month)Median List Price - $587,400 (-$80,050 vs. last month) Sold Properties in November 110Median Days on Market 72 DaysMedian Sale Price - $331,250
Dennis Township Upper Township - Woodbine
Active SFH Listings as of 12/2/20 68 (+2 vs. last month)Median Days on Market 73 Days (+12 days vs. last month)Median List Price - $299,000 (+$20,000 vs. last month) Sold Properties in November 19Median Days on Market 77 DaysMedian Sale Price - $259,900
Avalon & Stone Harbor
Active SFH Listings as of 12/2/20 67 (+4 vs. last month)Median Days on Market 76 Days (+1 day vs. last month)Median List Price - $3,100,000 (+$100,000 vs. last month)Sold Properties in November 46Median Days on Market 87 DaysMedian Sale Price - $1,797,500
Sea Isle City & Strathmere
Active SFH Listings as of 12/2/20 7 (-5 vs. last month)Median Days on Market 56 Days (-22 days vs. last month)Median List Price - $2,229,000 (+$696,500 vs. last month) Sold Properties in November 30Median Days on Market 75 DaysMedian Sale Price - $832,750 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.
