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South Jersey Market Report

June 2024

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 286 82 42 26 14% 68 39 1.3m 6.8
Somers Point 44 8 13 2 29% 32 14 481k 3.4
EHT 177 47 31 1 17% 25 41 358k 5.7
Atlantic City 353 65 30 31 8% 84 38 244k 11.8
Upper Twp. 52 16 5 2 9% 19 13 511k 10.4
Ventnor 77 18 12 4 15% 40 13 692k 6.4
Margate 73 26 14 0 19% 49 15 1.3m 5.2
Longport 17 4 3 0 17% 93 2 887k 5.7
Brigantine 146 38 13 4 8% 68 17 742k 11.2
Galloway 163 42 28 14 17% 46 42 333k 5.8
Absecon 27 8 7 2 25% 31 12 280k 3.9
Linwood 37 8 9 3 24% 59 7 564k 4.1
Northfield 21 8 6 0 28% 61 7 433k 3.5
Pleasantville 63 14 16 0 25% 120 10 219k 3.9
Strathmere 8 0 0 0 0 0 0
Sea Isle City 50 15 9 5 18% 94 10 1.9m 5.6
Avalon 91 18 14 1 15% 194 8 4.5m 6.5
Stone Harbor 55 12 5 5 9% 55 1 6.5m 11
Wildwood 49 17 11 7 22% 104 10 583k 4.5
Wildwood Crest 54 15 8 3 14% 89 10 701k 6.8
N. Wildwood 57 18 14 7 24% 79 14 725k 4.1
West Wildwood 7 3 1 1 14 0 7
Cape May 40 6 2 4 5% 162 6 980k 20
Cape May CtHs 68 20 17 4 25% 105 13 453k 4
N. Cape May 22 5 6 2 27% 67 6 509k 3.7