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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Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg.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