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South Jersey Market Report

February 2024

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 256 75 43 17 16% 90 30 1.4m 6.0
Somers Point 36 16 13 2 36% 17 4 336k 2.8
EHT 139 39 34 6 24% 35 20 388k 4.1
Atlantic City 387 79 38 17 9% 88 25 266k 10.2
Upper Twp. 32 6 10 2 31% 23 4 315k 3.2
Ventnor 84 30 23 7 27% 38 9 579k 3.7
Margate 73 24 20 5 27% 50 9 865k 3.7
Longport 12 5 1 0 8% 70 4 1.6m 12.0
Brigantine 125 41 21 13 16% 69 12 649k 6.0
Galloway 133 33 34 11 25% 55 30 270k 3.9
Absecon 33 10 5 3 15% 59 8 368k 6.6
Linwood 35 9 6 2 17% 25 5 589k 5.8
Northfield 20 7 6 2 30% 49 3 319k 3.3
Pleasantville 51 14 20 4 39% 22 10 214k 2.6
Strathmere 8 2 1 0 12% 0 8.0
Sea Isle City 64 9 13 4 20% 191 15 1.5m 4.9
Avalon 63 13 16 0 25% 87 6 1.9m 3.9
Stone Harbor 37 8 0 0 0% 212 1 1.9m 0.0
Wildwood 82 25 36 3 43% 134 17 549k 2.3
Wildwood Crest 53 22 20 2 37% 103 8 764k 2.7
N. Wildwood 51 18 17 9 33% 112 11 750k 3.0
West Wildwood 9 0 0 1 0% 0 0.0
Cape May 38 3 4 3 10% 99 1 900k 9.5
Cape May CtHs 54 12 12 3 22% 83 8 447k 4.5
N. Cape May 20 9 5 3 25% 95 5 472k 4.0