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South Jersey Market Report

August 2022

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Sold Absorption Rate
Ocean City 282 82 47 10 16% 44 6
Somers Point 56 11 22 1 39% 9 2.5
EHT 200 54 45 15 22% 43 4.4
Atlantic City 398 57 51 28 12% 41 7.8
Upper Twp. 55 13 57 5 85% 8 1.1
Ventnor 111 28 29 8 26% 17 3.8
Margate 93 33 20 7 21% 12 4.6
Longport 15 8 3 0 20% 2 5
Brigantine 108 28 44 7 40% 31 2.4
Galloway 204 57 57 6 27% 47 3.5
Absecon 61 17 11 3 18% 9 5.5
Linwood 42 7 7 1 16% 9 6
Northfield 25 4 8 4 32% 6 3.1
Pleasantville 101 19 13 13 12% 10 7.7
Strathmere 4 0 0 0 0% 0 4
Sea Isle City 48 9 15 0 31% 12 3.2
Avalon 75 19 30 2 40% 15 2.5
Stone Harbor 41 12 20 0 48% 8 2
Wildwood 106 31 57 5 53% 15 1.8
Wildwood Crest 58 13 24 3 41% 13 2.4
N. Wildwood 46 11 25 2 54% 13 1.8
West Wildwood 8 1 1 0 12% 2 8
Cape May 63 12 21 1 33% 11 3
Cape May CtHs 86 23 38 2 44% 13 2.2
N. Cape May 24 7 12 1 50% 7 2