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South Jersey Market Report

August 2024

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 229 92 52 25 22% 69 45 1.3m 4.4
Somers Point 45 16 9 6 20% 57 11 417k 5
EHT 184 62 40 17 21% 33 37 344k 4.6
Atlantic City 374 77 30 28 8% 107 29 244k 12.5
Upper Twp. 46 10 10 4 21% 49 8 660k 4.6
Ventnor 82 25 11 3 13% 74 19 1.1m 7.5
Margate 82 29 19 6 23% 88 7 2.1m 4.3
Longport 16 6 5 0 31% 30 4 809k 3.2
Brigantine 137 38 19 9 13% 66 18 571k 7.2
Galloway 170 53 32 13 18% 42 41 337k 5.3
Absecon 24 9 4 3 16% 72 9 257k 6
Linwood 38 14 10 4 26% 81 3 506k 3.8
Northfield 34 12 11 1 32% 19 7 310k 3.1
Pleasantville 63 17 22 8 34% 93 8 205k 2.9
Strathmere 6 0 0 0 0% 67 1 1.7m 0
Sea Isle City 48 15 8 4 16% 132 10 1.5m 6
Avalon 102 22 16 4 15% 163 10 5.1m 6.4
Stone Harbor 56 11 6 2 10% 188 3 3.7m 9.3
Wildwood 67 20 17 4 25% 130 11 582k 3.9
Wildwood Crest 49 15 11 6 22% 77 16 853k 4.5
N. Wildwood 63 22 12 3 19% 83 11 477k 5.3
West Wildwood 9 7 5 3 55% 0 1.8
Cape May 39 9 13 2 33% 66 5 1.1m 3
Cape May CtHs 64 12 22 4 34% 105 17 484k 2.9
N. Cape May 29 14 8 0 27% 80 11 574k 3.6