South Jersey Market Report - November 2022
Active Listings | New Listings | Under Contract | Expired/Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 312 | 54 | 32 | 27 | 10% | 53 | 50 | 1.1m | 9.8 |
Somers Point | 58 | 18 | 11 | 12 | 18% | 53 | 7 | 407k | 5.3 |
EHT | 199 | 35 | 33 | 16 | 16% | 33 | 36 | 305k | 6.0 |
Atlantic City | 329 | 57 | 27 | 26 | 8% | 118 | 35 | 229k | 12.2 |
Upper Twp. | 47 | 12 | 12 | 10 | 25% | 117 | 10 | 377k | 3.9 |
Ventnor | 93 | 22 | 12 | 5 | 12% | 21 | 9 | 544k | 7.8 |
Margate | 101 | 24 | 10 | 5 | 9% | 19 | 17 | 1.1m | 10.1 |
Longport | 12 | 4 | 1 | 3 | 8% | 52 | 3 | 3.6m | 12.0 |
Brigantine | 104 | 19 | 11 | 9 | 10% | 37 | 26 | 541k | 9.5 |
Galloway | 189 | 22 | 25 | 9 | 13% | 50 | 40 | 257k | 7.6 |
Absecon | 52 | 7 | 8 | 5 | 15% | 44 | 10 | 292k | 6.5 |
Linwood | 40 | 13 | 8 | 3 | 20% | 59 | 7 | 351k | 5.0 |
Northfield | 22 | 4 | 10 | 2 | 45% | 12 | 9 | 246k | 2.2 |
Pleasantville | 89 | 10 | 18 | 9 | 18 | 94 | 14 | 126k | 4.9 |
Strathmere | 4 | 1 | 0 | 1 | 0% | – | 0 | – | – |
Sea Isle City | 59 | 6 | 7 | 2 | 11% | 185 | 7 | 1.3m | 8.4 |
Avalon | 75 | 11 | 5 | 2 | 6% | 149 | 17 | 2.7m | 15.0 |
Stone Harbor | 18 | 1 | 3 | 5 | 16% | 141 | 8 | 3.9m | 6.0 |
Wildwood | 104 | 19 | 24 | 10 | 23% | 100 | 24 | 422k | 4.3 |
Wildwood Crest | 47 | 9 | 10 | 9 | 21% | 69 | 6 | 596k | 4.7 |
N. Wildwood | 43 | 13 | 12 | 3 | 27% | 69 | 12 | 430k | 3.6 |
West Wildwood | 8 | 2 | 2 | 0 | 25% | 70 | 1 | 635k | 4.0 |
Cape May | 53 | 7 | 8 | 1 | 15% | 92 | 8 | 1m | 6.6 |
Cape May CtHs | 69 | 4 | 6 | 7 | 8% | 267 | 11 | 465k | 11.5 |
N. Cape May | 27 | 8 | 8 | 1 | 29% | 102 | 9 | 454k | 3.4 |