South Jersey Market Report - June 2023
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 245 | 80 | 56 | 24 | 22% | 59 | 60 | 1.1m | 4.4 |
Somers Point | 42 | 12 | 16 | 3 | 38% | 32 | 19 | 399k | 2.6 |
EHT | 155 | 38 | 40 | 9 | 25% | 59 | 41 | 359k | 3.9 |
Atlantic City | 314 | 77 | 38 | 13 | 12% | 87 | 51 | 207k | 8.3 |
Upper Twp. | 27 | 10 | 15 | 1 | 55% | 55 | 8 | 418k | 1.8 |
Ventnor | 63 | 18 | 15 | 3 | 23% | 70 | 25 | 713k | 4.2 |
Margate | 89 | 38 | 18 | 14 | 20% | 50 | 23 | 1.3m | 4.9 |
Longport | 21 | 2 | 1 | 0 | 4% | - | 0 | - | 0 |
Brigantine | 108 | 45 | 11 | 10 | 10% | 43 | 22 | 495k | 9.8 |
Galloway | 142 | 44 | 62 | 9 | 43% | 29 | 45 | 276k | 2.3 |
Absecon | 30 | 8 | 5 | 2 | 16% | 90 | 11 | 267k | 6 |
Linwood | 40 | 12 | 5 | 0 | 12% | 17 | 13 | 450k | 8 |
Northfield | 27 | 11 | 7 | 1 | 25% | 91 | 12 | 384k | 3.9 |
Pleasantville | 57 | 21 | 11 | 3 | 19% | 235 | 10 | 187k | 5.2 |
Strathmere | 3 | 1 | 3 | 0 | 100% | - | 0 | - | 1 |
Sea Isle City | 44 | 12 | 14 | 5 | 31% | 81 | 8 | 1.5m | 3.1 |
Avalon | 92 | 24 | 17 | 5 | 18% | 184 | 13 | 3.6m | 5.4 |
Stone Harbor | 34 | 6 | 4 | 4 | 11% | 422 | 6 | 3.7m | 8.5 |
Wildwood | 64 | 22 | 29 | 8 | 45% | 78 | 16 | 434k | 2.2 |
Wildwood Crest | 45 | 18 | 16 | 4 | 35% | 145 | 20 | 661k | 2.8 |
N. Wildwood | 32 | 9 | 18 | 3 | 56% | 52 | 12 | 500k | 1.8 |
West Wildwood | 4 | 0 | 0 | 0 | 0% | 99 | 3 | 1m | 0 |
Cape May | 45 | 5 | 8 | 3 | 17% | 333 | 12 | 1.3m | 5.6 |
Cape May CtHs | 54 | 10 | 16 | 1 | 29% | 163 | 11 | 453k | 3.4 |
N. Cape May | 18 | 8 | 9 | 1 | 50% | 108 | 10 | 412k | 2 |