Real Estate Market Report - October 2020 - Cape May County
Market Report! Here s a quick rundown of most of Cape May County for the month of October 2020. Included is new listings, sold properties, and total active listings at the end of the month(as of Nov 4th)
Cape May + West Cape May + Cape May Point Areas
48 Total Active Listings as of November 4th (+0 vs last month)Median Price of $1,425,000Median Days on market = 40 Days 23 New Listings (+0 vs last month)Median Price of $1,450,000 21 Sold Houses (-9 vs last month)Median Price of $870,000
Lower Township Area
91 Active Listings as of November 4th (-6 vs last month)Median Price of $286,000Median Days on Market = 62 42 New Listings (-7 vs last month)Median Price of $354,950 55 Sold Houses (-24 vs last month)Avg Price of $317,000
Middle Township Area
91 Total Active Listings as of November 4th (-14 vs last month)Median Price of $286,000Median Days on Market = 62 Days 39 new Listings (+5 vs last month)Median Price of $299,900 38 Sold Houses (+4 vs last month)Median Price of $272,500
The Wildwoods & Diamond Beach Areas
38 Total Active Listings as of November 4th (-1 vs. last month)Median Price of $667,450Median Days on Market = 38 Days 23 New Listings (+8 vs last month)Median Price of $699,000 24 Sold Houses (+6 vs last month)Median Price of $346,250
Upper Township, Dennis Township & Woodbine Areas
66 Total Active Listings as of November 4th (-2 vs last month)Median Price of $279,900Median Days on Market = 61 Days 26 New Listings (-11 vs last month)Median Price of $293,000 17 Sold Houses (-5 vs last month)Median Price of $270,000
Avalon & Stone Harbor Areas
63 Total Active Listings as of November 4th (-16 vs. last month)Median Price of $3,000,000Median Days on Market = 75 Days 21 New Listings (-7 vs. last month)Median Price of $2,739,499 50 Sold Houses (-1 vs. last month)Median Price of $2,606,250
Sea Isle City & Strathmere Areas
12 Total Active Listings as of November 4th (+5 vs. last month)Median Price of $1,532,500Median Days on Market = 78 Days 7 New Listings (+5 vs. last month)Median Price of $1,515,000 4 Sold Houses (+1 vs. last month)Median Price of $1,120,000 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.
