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South Jersey Market Report

October 2022

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 313 101 42 30 13% 32 44 1.2m 7.5
Somers Point 61 15 12 10 19% 136 14 462k 5.1
EHT 205 48 38 23 18% 54 33 347k 5.4
Atlantic City 349 77 26 45 10% 58 44 263k 13.4
Upper Twp. 52 16 7 3 13% 30 12 541k 7.4
Ventnor 106 28 8 13 7% 38 25 584k 13.3
Margate 101 29 8 10 7% 68 17 1.2m 12.6
Longport 10 2 3 1 30% 5 1 715k 3.3
Brigantine 115 33 24 11 20% 73 32 782k 4.8
Galloway 188 36 47 17 25% 53 45 260k 4.0
Absecon 53 10 13 5 24% 51 13 298k 4.1
Linwood 37 8 13 6 35% 138 6 286k 2.8
Northfield 29 7 8 3 27% 33 10 306k 3.6
Pleasantville 92 14 11 5 11% 56 16 204k 8.4
Strathmere 3 0 0 0 0% 45 1 1.8m 0.0
Sea Isle City 59 12 6 4 10% 114 13 1.1m 9.8
Avalon 80 16 11 4 13% 113 15 3.4m 7.3
Stone Harbor 27 3 4 4 14% 171 9 3.4m 6.8
Wildwood 114 21 14 8 12% 82 12 405k 8.1
Wildwood Crest 57 16 19 4 33% 99 18 699k 3.0
N. Wildwood 54 15 10 6 18% 176 19 583k 5.4
West Wildwood 9 3 1 2 11% – 0 – 9.0
Cape May 60 11 8 2 13% 197 7 1.2m 7.5
Cape May CtHs 79 14 10 3 12% 111 18 464k 7.9
N. Cape May 30 11 7 4 23% 87 9 463k 4.3

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