South Jersey Market Report - March 2023
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 285 | 73 | 78 | 15 | 27% | 53 | 42 | 1.2m | 3.7 |
Somers Point | 41 | 12 | 14 | 4 | 34% | 69 | 13 | 416k | 2.9 |
EHT | 178 | 34 | 42 | 22 | 23% | 68 | 39 | 327k | 4.2 |
Atlantic City | 316 | 71 | 50 | 30 | 15% | 79 | 30 | 253k | 6.3 |
Upper Twp. | 41 | 5 | 14 | 3 | 34% | 81 | 7 | 363k | 2.9 |
Ventnor | 70 | 21 | 27 | 14 | 38% | 56 | 14 | 599k | 2.6 |
Margate | 96 | 30 | 17 | 8 | 17% | 46 | 20 | 1.1m | 5.6 |
Longport | 13 | 2 | 5 | 1 | 38% | - | 0 | - | 2.6 |
Brigantine | 82 | 29 | 26 | 10 | 31% | 52 | 29 | 561k | 3.2 |
Galloway | 161 | 40 | 53 | 16 | 32% | 38 | 40 | 286k | 3.0 |
Absecon | 33 | 9 | 9 | 5 | 27% | 35 | 5 | 278k | 3.7 |
Linwood | 41 | 16 | 14 | 3 | 34% | 48 | 9 | 392k | 2.9 |
Northfield | 15 | 3 | 9 | 1 | 60% | 39 | 8 | 323k | 1.7 |
Pleasantville | 61 | 22 | 25 | 6 | 40% | 55 | 12 | 183k | 2.4 |
Strathmere | 4 | 0 | 2 | 0 | 50% | - | 0 | - | 2.0 |
Sea Isle City | 65 | 21 | 17 | 5 | 26% | 169 | 17 | 1.5m | 3.8 |
Avalon | 76 | 15 | 11 | 3 | 14% | 212 | 10 | 2.5m | 6.9 |
Stone Harbor | 21 | 10 | 4 | 2 | 19% | 253 | 4 | 2.9m | 5.3 |
Wildwood | 76 | 18 | 27 | 16 | 35% | 117 | 26 | 455k | 2.8 |
Wildwood Crest | 24 | 8 | 29 | 5 | 120% | 78 | 14 | 419k | 0.8 |
N. Wildwood | 35 | 5 | 12 | 3 | 34% | 88 | 11 | 605k | 2.9 |
West Wildwood | 5 | 1 | 2 | 0 | 40% | 43 | 3 | 437k | 2.5 |
Cape May | 54 | 9 | 6 | 1 | 11% | 128 | 4 | 1.8m | 9.0 |
Cape May CtHs | 66 | 16 | 18 | 4 | 27% | 127 | 14 | 427k | 3.7 |
N. Cape May | 18 | 9 | 10 | 0 | 55% | 90 | 19 | 442k | 1.8 |