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South Jersey Market Report

May 2022

Active
Listings
New
Listings
Under
Contract
Expired/
Withdrawn
% Under
Contract
Sold Absorption
Rate
Ocean City 221 55 59 17 26% 79 3.7
Somers Point 58 16 11 4 18% 14 5.2
EHT 205 55 45 8 21% 56 4.5
Atlantic City 400 86 42 22 10% 45 9.5
Upper Twp. 53 21 14 4 26% 17 3.7
Ventnor 53 21 14 4 26% 17 3.7
Margate 93 34 18 2 19% 19 5.1
Longport 12 8 1 1 8% 1 12
Brigantine 94 41 29 10 30% 37 3.2
Galloway 208 51 39 13 18% 43 5.3
Absecon 55 16 13 2 23% 12 4.2
Linwood 42 18 6 1 14% 13 7
Northfield 31 11 10 3 32% 11 3.1
Pleasantville 90 23 35 9 38% 14 2.5
Strathmere 4 1 0 0 0% 2 4
Sea Isle City 39 6 15 5 38% 21 2.6
Avalon 51 19 18 3 35% 18 2.8
Stone Harbor 27 6 5 1 18% 8 5.4
Wildwood 71 16 16 5 22% 17 4.4
Wildwood Crest 59 23 14 2 23% 27 4.2
N. Wildwood 41 19 12 4 29% 21 3.4
West Wildwood 6 4 2 1 33% 0 3
Cape May 53 16 9 0 16% 15 5.8
Cape May CtHs 70 22 19 6 22% 22 3.6
N. Cape May 28 14 7 1 25% 9 4