South Jersey Market Report - October 2022
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 313 | 101 | 42 | 30 | 13% | 32 | 44 | 1.2m | 7.5 |
Somers Point | 61 | 15 | 12 | 10 | 19% | 136 | 14 | 462k | 5.1 |
EHT | 205 | 48 | 38 | 23 | 18% | 54 | 33 | 347k | 5.4 |
Atlantic City | 349 | 77 | 26 | 45 | 10% | 58 | 44 | 263k | 13.4 |
Upper Twp. | 52 | 16 | 7 | 3 | 13% | 30 | 12 | 541k | 7.4 |
Ventnor | 106 | 28 | 8 | 13 | 7% | 38 | 25 | 584k | 13.3 |
Margate | 101 | 29 | 8 | 10 | 7% | 68 | 17 | 1.2m | 12.6 |
Longport | 10 | 2 | 3 | 1 | 30% | 5 | 1 | 715k | 3.3 |
Brigantine | 115 | 33 | 24 | 11 | 20% | 73 | 32 | 782k | 4.8 |
Galloway | 188 | 36 | 47 | 17 | 25% | 53 | 45 | 260k | 4.0 |
Absecon | 53 | 10 | 13 | 5 | 24% | 51 | 13 | 298k | 4.1 |
Linwood | 37 | 8 | 13 | 6 | 35% | 138 | 6 | 286k | 2.8 |
Northfield | 29 | 7 | 8 | 3 | 27% | 33 | 10 | 306k | 3.6 |
Pleasantville | 92 | 14 | 11 | 5 | 11% | 56 | 16 | 204k | 8.4 |
Strathmere | 3 | 0 | 0 | 0 | 0% | 45 | 1 | 1.8m | 0.0 |
Sea Isle City | 59 | 12 | 6 | 4 | 10% | 114 | 13 | 1.1m | 9.8 |
Avalon | 80 | 16 | 11 | 4 | 13% | 113 | 15 | 3.4m | 7.3 |
Stone Harbor | 27 | 3 | 4 | 4 | 14% | 171 | 9 | 3.4m | 6.8 |
Wildwood | 114 | 21 | 14 | 8 | 12% | 82 | 12 | 405k | 8.1 |
Wildwood Crest | 57 | 16 | 19 | 4 | 33% | 99 | 18 | 699k | 3.0 |
N. Wildwood | 54 | 15 | 10 | 6 | 18% | 176 | 19 | 583k | 5.4 |
West Wildwood | 9 | 3 | 1 | 2 | 11% | – | 0 | – | 9.0 |
Cape May | 60 | 11 | 8 | 2 | 13% | 197 | 7 | 1.2m | 7.5 |
Cape May CtHs | 79 | 14 | 10 | 3 | 12% | 111 | 18 | 464k | 7.9 |
N. Cape May | 30 | 11 | 7 | 4 | 23% | 87 | 9 | 463k | 4.3 |