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South Jersey Market Report

June 2023

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 245 80 56 24 22% 59 60 1.1m 4.4
Somers Point 42 12 16 3 38% 32 19 399k 2.6
EHT 155 38 40 9 25% 59 41 359k 3.9
Atlantic City 314 77 38 13 12% 87 51 207k 8.3
Upper Twp. 27 10 15 1 55% 55 8 418k 1.8
Ventnor 63 18 15 3 23% 70 25 713k 4.2
Margate 89 38 18 14 20% 50 23 1.3m 4.9
Longport 21 2 1 0 4% – 0 – 0
Brigantine 108 45 11 10 10% 43 22 495k 9.8
Galloway 142 44 62 9 43% 29 45 276k 2.3
Absecon 30 8 5 2 16% 90 11 267k 6
Linwood 40 12 5 0 12% 17 13 450k 8
Northfield 27 11 7 1 25% 91 12 384k 3.9
Pleasantville 57 21 11 3 19% 235 10 187k 5.2
Strathmere 3 1 3 0 100% – 0 – 1
Sea Isle City 44 12 14 5 31% 81 8 1.5m 3.1
Avalon 92 24 17 5 18% 184 13 3.6m 5.4
Stone Harbor 34 6 4 4 11% 422 6 3.7m 8.5
Wildwood 64 22 29 8 45% 78 16 434k 2.2
Wildwood Crest 45 18 16 4 35% 145 20 661k 2.8
N. Wildwood 32 9 18 3 56% 52 12 500k 1.8
West Wildwood 4 0 0 0 0% 99 3 1m 0
Cape May 45 5 8 3 17% 333 12 1.3m 5.6
Cape May CtHs 54 10 16 1 29% 163 11 453k 3.4
N. Cape May 18 8 9 1 50% 108 10 412k 2

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