South Jersey Market Report
July 2024
|
Active Listings |
New Listings |
Under Contract |
Expired/ Withdrawn |
% Under Contract |
Avg. Days on Market |
Sold |
Avg. Sale Price |
Absorption Rate |
Ocean City |
238 |
47 |
63 |
36 |
15% |
56 |
47 |
1m |
3.8 |
Somers Point |
40 |
14 |
9 |
5 |
22% |
14 |
11 |
544k |
4.4 |
EHT |
176 |
51 |
34 |
14 |
19% |
88 |
36 |
367k |
5.2 |
Atlantic City |
368 |
80 |
24 |
48 |
6% |
78 |
26 |
335k |
15.3 |
Upper Twp. |
52 |
13 |
7 |
3 |
13% |
50 |
7 |
557k |
7.4 |
Ventnor |
79 |
27 |
22 |
3 |
27% |
58 |
12 |
507k |
3.6 |
Margate |
77 |
27 |
15 |
4 |
19% |
27 |
5 |
1.8m |
5.1 |
Longport |
16 |
5 |
6 |
3 |
37% |
37 |
1 |
750k |
2.7 |
Brigantine |
138 |
37 |
28 |
20 |
20% |
46 |
28 |
618k |
4.9 |
Galloway |
163 |
37 |
38 |
16 |
23% |
27 |
30 |
362k |
4.3 |
Absecon |
22 |
9 |
9 |
5 |
40% |
17 |
7 |
341k |
2.4 |
Linwood |
36 |
7 |
4 |
4 |
11% |
35 |
7 |
352k |
9 |
Northfield |
35 |
16 |
6 |
1 |
17% |
52 |
6 |
293k |
5.8 |
Pleasantville |
60 |
22 |
10 |
8 |
16% |
43 |
19 |
221k |
6 |
Strathmere |
6 |
0 |
1 |
1 |
16% |
– |
0 |
– |
6 |
Sea Isle City |
47 |
9 |
8 |
2 |
17% |
261 |
9 |
1.7m |
5.9 |
Avalon |
97 |
20 |
9 |
4 |
9% |
125 |
9 |
3.9m |
10.8 |
Stone Harbor |
54 |
10 |
5 |
5 |
9% |
106 |
3 |
3.3m |
10.8 |
Wildwood |
57 |
20 |
9 |
9 |
15% |
107 |
15 |
674k |
6.3 |
Wildwood Crest |
49 |
12 |
16 |
0 |
32% |
137 |
7 |
808k |
3.1 |
N. Wildwood |
61 |
18 |
12 |
3 |
19% |
81 |
14 |
516k |
5.1 |
West Wildwood |
5 |
0 |
0 |
2 |
0 |
– |
0 |
– |
0 |
Cape May |
40 |
6 |
8 |
1 |
20% |
64 |
7 |
1.1m |
5 |
Cape May CtHs |
70 |
22 |
13 |
1 |
18% |
107 |
12 |
543k |
5.4 |
N. Cape May |
23 |
10 |
7 |
2 |
30% |
60 |
5 |
339k |
3.3 |