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South Jersey Market Report

January 2024

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 231 56 33 48 14% 48 42 1.6m 7
Somers Point 34 10 6 3 17% 55 11 465k 5.7
EHT 128 35 27 23 21% 43 34 272k 4.7
Atlantic City 366 98 40 23 10% 52 21 282k 9.2
Upper Twp. 32 5 5 0 15% 14 24 277k 6.4
Ventnor 80 26 10 5 12% 37 8 628k 8
Margate 66 14 15 4 22% 40 7 1m 4.4
Longport 9 3 4 2 44% 107 2 1.9m 2.3
Brigantine 112 18 17 16 15% 79 15 773k 6.6
Galloway 134 30 29 15 21% 67 23 227k 4.6
Absecon 35 11 7 3 20% 56 6 266k 5
Linwood 36 14 4 2 11% 28 11 513k 9
Northfield 19 5 2 3 10% 72 6 436k 9.5
Pleasantville 58 13 9 5 15% 40 10 636k 6.4
Strathmere 8 0 0 0 0% 0 0 0 0
Sea Isle City 70 22 7 6 10% 132 13 1.8m 10
Avalon 61 11 12 17 19% 282 10 2.9m 5.1
Stone Harbor 26 7 4 1 15% 136 5 3.3m 6.5
Wildwood 98 24 20 7 20% 131 17 728k 4.9
Wildwood Crest 50 9 14 4 28% 146 9 772k 3.6
N. Wildwood 53 19 20 6 37% 79 6 548k 2.7
West Wildwood 10 3 1 1 10% 0 0 0 10
Cape May 41 5 4 5 9% 152 3 1.3m 10.3
Cape May CtHs 60 9 9 6 15% 120 10 333k 6.7
N. Cape May 16 8 7 3 43% 77 3 401k 2.3

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