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South Jersey Market Report

March 2024

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 270 68 46 21 17% 50 41 1.2m 5.9
Somers Point 32 10 8 5 25% 41 19 416k 4
EHT 156 37 27 5 17% 47 39 348k 5.8
Atlantic City 383 60 25 22 6% 66 34 274k 15.3
Upper Twp. 46 17 6 1 13% 29 8 449k 7.7
Ventnor 79 23 14 9 17% 72 23 594k 5.6
Margate 70 19 13 6 18% 66 19 1m 5.4
Longport 16 3 1 1 6% 38 2 2.2m 16
Brigantine 130 32 28 11 21% 93 28 686k 4.6
Galloway 138 24 30 7 21% 37 28 306k 4.6
Absecon 29 9 12 2 41% 193 10 274k 2.4
Linwood 38 10 9 5 23% 50 7 551k 4.2
Northfield 19 5 5 2 26% 29 8 314k 3.8
Pleasantville 56 12 9 5 16% 28 17 203k 6.2
Strathmere 8 1 0 1 -% 0 0
Sea Isle City 66 18 14 2 21% 70 5 1.5m 4.7
Avalon 74 26 7 2 9% 142 20 2.4m 10.6
Stone Harbor 41 10 5 0 12% 210 7 3m 8.2
Wildwood 72 15 22 4 30% 170 22 907k 3.3
Wildwood Crest 48 13 22 2 45% 141 20 643k 2.2
N. Wildwood 60 13 16 1 26% 99 29 737k 3.8
West Wildwood 8 0 0 1 -% 713 2 767k 0
Cape May 42 11 6 1 14% 135 6 796k 7
Cape May CtHs 58 16 9 7 15% 185 8 499k 6.4
N. Cape May 21 9 9 1 42% 76 8 547k 2.3