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South Jersey Market Report

September 2024

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 266 81 41 31 15% 49 57 1m 6.5
Somers Point 44 16 6 6 13% 16 9 504k 7.3
EHT 167 34 46 14 27% 36 42 365k 3.6
Atlantic City 347 47 33 25 9% 64 24 266k 10.5
Upper Twp. 43 14 8 5 18% 89 12 849k 5.4
Ventnor 86 15 15 8 17% 34 13 598k 5.7
Margate 68 18 15 7 22% 40 21 1.4m 4.5
Longport 22 6 2 0 9% 111 5 2.1m 11
Brigantine 120 18 14 17 11% 51 26 739k 8.6
Galloway 162 40 31 10 19% 43 61 253k 5.2
Absecon 27 10 3 0 11% 60 8 318k 9
Linwood 37 8 6 2 16% 57 8 535k 6.2
Northfield 34 8 10 0 29% 36 11 410k 3.4
Pleasantville 55 17 17 9 30% 47 21 253k 3.2
Strathmere 3 1 1 0 33% 429 2 1.8m 3
Sea Isle City 55 17 13 1 23% 95 12 1.2m 4.2
Avalon 86 13 19 8 22% 95 15 3.1m 4.5
Stone Harbor 42 10 13 8 30% 149 9 3.1m 3.2
Wildwood 83 22 18 2 21% 142 13 540k 4.6
Wildwood Crest 48 14 11 5 22% 78 19 771k 4.4
N. Wildwood 80 19 7 8 8% 83 14 856k 11.4
West Wildwood 7 4 2 0 28% 88 3 613k 3.5
Cape May 35 8 15 2 42% 172 13 1.7m 2.3
Cape May CtHs 67 18 15 7 22% 82 12 509k 4.5
N. Cape May 30 10 5 1 16% 87 9 1.2m 6

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