South Jersey Market Report - January 2023
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 282 | 84 | 36 | 51 | 12% | 38 | 35 | 1.5m | 7.8 |
Somers Point | 46 | 10 | 10 | 9 | 21% | 55 | 10 | 435k | 4.6 |
EHT | 180 | 38 | 33 | 18 | 18% | 62 | 29 | 289k | 5.5 |
Atlantic City | 306 | 67 | 29 | 42 | 9% | 94 | 27 | 179k | 10.6 |
Upper Twp. | 40 | 5 | 7 | 3 | 17% | 57 | 10 | 576k | 5.7 |
Ventnor | 89 | 22 | 14 | 11 | 15% | 44 | 7 | 728k | 6.4 |
Margate | 95 | 26 | 21 | 11 | 22% | 61 | 11 | 1.2m | 4.5 |
Longport | 13 | 2 | 2 | 2 | 15% | - | 0 | - | 6.5 |
Brigantine | 90 | 28 | 17 | 16 | 18% | 69 | 10 | 641k | 5.3 |
Galloway | 168 | 29 | 29 | 23 | 17% | 37 | 28 | 238k | 5.8 |
Absecon | 39 | 5 | 12 | 6 | 30% | 95 | 5 | 255k | 3.3 |
Linwood | 37 | 8 | 8 | 4 | 21% | 39 | 5 | 406k | 4.6 |
Northfield | 16 | 7 | 8 | 4 | 50% | 31 | 5 | 299k | 2.0 |
Pleasantville | 58 | 17 | 16 | 18 | 27 | 91 | 12 | 189k | 3.6 |
Strathmere | 5 | 0 | 0 | 0 | 0% | - | 0 | - | - |
Sea Isle City | 64 | 21 | 11 | 7 | 17% | 165 | 15 | 1m | 5.8 |
Avalon | 68 | 15 | 5 | 9 | 7% | 104 | 10 | 3.1m | 13.6 |
Stone Harbor | 19 | 3 | 2 | 8 | 10% | 133 | 4 | 2.4m | 9.5 |
Wildwood | 71 | 21 | 23 | 15 | 32% | 90 | 19 | 444k | 3.1 |
Wildwood Crest | 46 | 11 | 8 | 9 | 17% | 192 | 8 | 637k | 5.8 |
N. Wildwood | 38 | 6 | 9 | 3 | 23% | 75 | 7 | 632k | 4.2 |
West Wildwood | 7 | 2 | 3 | 1 | 42% | 48 | 2 | 412k | 2.3 |
Cape May | 51 | 7 | 6 | 4 | 11% | 146 | 9 | 1.8m | 8.5 |
Cape May CtHs | 64 | 19 | 12 | 13 | 18% | 203 | 5 | 486k | 5.3 |
N. Cape May | 27 | 9 | 6 | 1 | 22% | 91 | 4 | 272k | 4.5 |