South Jersey Market Report - April 2023
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 272 | 70 | 50 | 26 | 18% | 54 | 81 | 1m | 5.4 |
Somers Point | 38 | 5 | 15 | 3 | 39% | 40 | 10 | 321k | 2.5 |
EHT | 153 | 27 | 32 | 8 | 20% | 53 | 41 | 316k | 4.8 |
Atlantic City | 288 | 58 | 48 | 17 | 16% | 77 | 34 | 197k | 6.0 |
Upper Twp. | 28 | 9 | 10 | 1 | 35% | 72 | 18 | 327k | 2.8 |
Ventnor | 69 | 16 | 13 | 8 | 18% | 39 | 22 | 508k | 5.3 |
Margate | 93 | 30 | 11 | 4 | 11% | 34 | 27 | 1m | 8.5 |
Longport | 16 | 3 | 3 | 0 | 18% | 84 | 4 | 1.4m | 5.3 |
Brigantine | 79 | 26 | 19 | 4 | 24% | 42 | 34 | 878k | 4.2 |
Galloway | 149 | 33 | 39 | 7 | 26% | 40 | 49 | 249k | 3.8 |
Absecon | 35 | 8 | 9 | 6 | 25% | 52 | 9 | 275k | 3.9 |
Linwood | 35 | 7 | 8 | 4 | 22% | 19 | 11 | 366k | 4.4 |
Northfield | 22 | 12 | 5 | 3 | 22% | 38 | 8 | 338k | 4.4 |
Pleasantville | 50 | 8 | 15 | 7 | 30% | 49 | 13 | 222k | 3.3 |
Strathmere | 5 | 1 | 0 | 0 | 0% | - | 0 | - | - |
Sea Isle City | 52 | 6 | 20 | 5 | 38% | 149 | 13 | 1.5m | 2.6 |
Avalon | 73 | 15 | 8 | 4 | 10% | 155 | 8 | 1.8m | 9.1 |
Stone Harbor | 33 | 14 | 4 | 0 | 12% | 99 | 2 | 2.9m | 8.3 |
Wildwood | 61 | 15 | 32 | 10 | 52% | 138 | 16 | 580k | 1.9 |
Wildwood Crest | 32 | 11 | 15 | 3 | 46% | 144 | 21 | 778k | 2.1 |
N. Wildwood | 29 | 7 | 10 | 4 | 34% | 106 | 14 | 684k | 2.9 |
West Wildwood | 6 | 2 | 1 | 0 | 16% | 40 | 1 | 379k | 6.0 |
Cape May | 51 | 8 | 3 | 2 | 5% | 185 | 3 | 1.1m | 17.0 |
Cape May CtHs | 63 | 14 | 15 | 5 | 23% | 132 | 13 | 261k | 4.2 |
N. Cape May | 14 | 5 | 9 | 2 | 62% | 68 | 10 | 435k | 1.6 |