South Jersey Market Report
February 2023
|
Active Listings |
New Listings |
Under Contract |
Expired/ Withdrawn |
% Under Contract |
Avg. Days on Market |
Sold |
Avg. Sale Price |
Absorption Rate |
Ocean City |
286 |
74 |
47 |
30 |
16% |
54 |
38 |
1.4m |
6.1 |
Somers Point |
44 |
9 |
9 |
2 |
20% |
73 |
6 |
302k |
4.9 |
EHT |
184 |
42 |
34 |
10 |
18% |
57 |
28 |
287k |
5.4 |
Atlantic City |
305 |
58 |
34 |
17 |
11% |
165 |
42 |
208k |
9.0 |
Upper Twp. |
44 |
16 |
8 |
3 |
18% |
105 |
4 |
311k |
5.5 |
Ventnor |
81 |
23 |
14 |
9 |
17% |
62 |
15 |
699k |
5.8 |
Margate |
91 |
28 |
21 |
7 |
23% |
59 |
10 |
1m |
4.3 |
Longport |
17 |
9 |
3 |
0 |
17% |
– |
0 |
– |
5.7 |
Brigantine |
68 |
14 |
29 |
4 |
42% |
43 |
17 |
564k |
2.3 |
Galloway |
175 |
32 |
33 |
8 |
18% |
49 |
31 |
268k |
5.3 |
Absecon |
36 |
8 |
6 |
1 |
16% |
79 |
8 |
234k |
6.0 |
Linwood |
35 |
10 |
9 |
4 |
25% |
70 |
5 |
528k |
3.9 |
Northfield |
15 |
4 |
5 |
0 |
33% |
121 |
3 |
493k |
3.0 |
Pleasantville |
59 |
11 |
11 |
8 |
18 |
49 |
15 |
216k |
5.4 |
Strathmere |
6 |
1 |
0 |
0 |
0% |
– |
0 |
– |
0.0 |
Sea Isle City |
64 |
18 |
18 |
2 |
28% |
101 |
6 |
893k |
3.6 |
Avalon |
71 |
12 |
9 |
2 |
12% |
198 |
5 |
2.5m |
7.9 |
Stone Harbor |
14 |
2 |
5 |
2 |
35% |
87 |
2 |
2.8m |
2.8 |
Wildwood |
74 |
23 |
21 |
4 |
28% |
103 |
10 |
457k |
3.5 |
Wildwood Crest |
36 |
4 |
13 |
2 |
36% |
222 |
7 |
1m |
2.8 |
N. Wildwood |
38 |
6 |
16 |
3 |
42% |
86 |
7 |
501k |
2.4 |
West Wildwood |
6 |
0 |
1 |
0 |
16% |
151 |
1 |
210k |
6.0 |
Cape May |
51 |
6 |
4 |
0 |
7% |
113 |
7 |
995k |
12.8 |
Cape May CtHs |
76 |
18 |
12 |
6 |
15% |
227 |
10 |
409k |
6.3 |
N. Cape May |
19 |
3 |
14 |
2 |
75% |
117 |
2 |
372k |
1.4 |