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South Jersey Market Report

April 2024

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 273 70 38 30 13% 50 48 1.1m 7.2
Somers Point 38 17 15 2 39% 30 8 397k 2.5
EHT 171 41 36 8 21% 21 26 406k 4.8
Atlantic City 395 89 37 33 9% 73 41 242k 10.7
Upper Twp. 44 7 14 4 31% 20 7 1m 3.1
Ventnor 79 30 12 4 15% 31 21 926k 6.6
Margate 64 13 10 3 15% 62 17 1.2m 6.4
Longport 16 3 1 0 6% 95 2 1.4m 16
Brigantine 145 42 23 6 24% 44 33 719k 6.3
Galloway 139 33 34 3 33% 34 38 360k 4.1
Absecon 30 10 10 2 33% 22 11 393k 3
Linwood 37 16 6 5 16% 73 4 526k 6.2
Northfield 20 5 8 3 40% 61 4 322k 2.5
Pleasantville 69 22 13 4 18% 55 8 206k 5.3
Strathmere 7 1 2 0 28 65 2 2m 0
Sea Isle City 58 9 15 4 25% 181 19 1.7m 3.9
Avalon 82 16 6 8 7% 197 11 4m 13.7
Stone Harbor 42 11 5 1 11% 167 5 1.8m 8.4
Wildwood 61 13 14 6 22% 154 25 540k 4.4
Wildwood Crest 45 14 17 4 37% 81 29 737k 2.6
N. Wildwood 64 25 17 1 26% 77 16 709k 3.8
West Wildwood 6 0 2 0 33% 111 1 210k 0
Cape May 38 14 4 3 10% 90 6 1.5m 9.5
Cape May CtHs 58 13 15 5 25% 98 12 373k 3.9
N. Cape May 19 2 5 1 29% 84 7 586k 3.8

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