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South Jersey Market Report

December 2023

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 227 45 34 30 14% 57 40 1.1m 6.7
Somers Point 34 6 9 6 26% 15 2 469k 3.8
EHT 143 27 27 16 18% 33 40 268k 5.3
Atlantic City 319 68 21 27 6% 56 36 264k 15.2
Upper Twp. 38 9 7 2 18% 121 3 406k 5.4
Ventnor 71 11 6 5 8% 41 17 659k 11.8
Margate 63 7 8 6 12% 53 10 667k 7.9
Longport 10 0 0 2 0% 76 1 2.9m 0
Brigantine 122 23 17 15 13% 59 17 799k 7.2
Galloway 133 30 18 7 13% 209 38 262k 7.4
Absecon 37 9 6 1 16% 9 6 367k 6.2
Linwood 33 7 10 2 30% 16 9 395k 3.3
Northfield 18 4 4 3 22% 54 7 341k 4.35
Pleasantville 57 12 11 4 19% 36 6 223k 5.2
Strathmere 6 0 0 0 0% 116 1 1.6m 0
Sea Isle City 57 12 8 3 14% 127 15 1.3m 71
Avalon 60 4 6 5 10% 170 9 4.2m 10
Stone Harbor 23 5 2 5 8% 63 1 2m 11.5
Wildwood 85 11 10 4 11% 118 16 552k 8.5
Wildwood Crest 52 12 9 6 17% 96 8 486k 6.9
N. Wildwood 48 7 7 5 14% 129 14 865k 6.9
West Wildwood 8 1 1 0 12% 321 4 518k 8
Cape May 47 2 2 4 4% 105 8 1m 23.5
Cape May CtHs 58 13 8 5 13% 149 10 366k 7.3
N. Cape May 15 2 4 1 26% 78 8 925k 3.8

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