South Jersey Market Report - July 2023
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 226 | 68 | 58 | 25 | 25% | 55 | 34 | 1m | 3.9 |
Somers Point | 37 | 7 | 10 | 5 | 27% | 33 | 11 | 413k | 3.7 |
EHT | 151 | 44 | 44 | 9 | 29% | 46 | 35 | 378k | 3.4 |
Atlantic City | 293 | 46 | 45 | 19 | 15% | 55 | 31 | 248k | 6.5 |
Upper Twp. | 28 | 11 | 11 | 5 | 39% | 64 | 6 | 576k | 2.5 |
Ventnor | 75 | 32 | 16 | 5 | 21% | 62 | 13 | 793k | 4.7 |
Margate | 90 | 39 | 22 | 5 | 24% | 46 | 15 | 1.4m | 4.1 |
Longport | 16 | 4 | 4 | 2 | 25% | 38 | 1 | 750k | 4 |
Brigantine | 98 | 26 | 26 | 2 | 26% | 68 | 15 | 795k | 3.8 |
Galloway | 143 | 38 | 27 | 12 | 18% | 24 | 31 | 244k | 5.3 |
Absecon | 28 | 6 | 7 | 1 | 25% | 40 | 5 | 264k | 4 |
Linwood | 34 | 5 | 10 | 2 | 29% | 72 | 7 | 731k | 3.4 |
Northfield | 27 | 10 | 14 | 1 | 51% | 20 | 10 | 406k | 1.9 |
Pleasantville | 52 | 14 | 18 | 5 | 34% | 38 | 9 | 219k | 2.9 |
Strathmere | 2 | 0 | 0 | 0 | 0% | 137 | 2 | 1.5m | 0 |
Sea Isle City | 51 | 11 | 5 | 2 | 9% | 162 | 9 | 1.4m | 10.2 |
Avalon | 81 | 13 | 18 | 6 | 22% | 62 | 8 | 3.1m | 4.5 |
Stone Harbor | 34 | 5 | 6 | 0 | 17% | 133 | 1 | 1.8m | 5.7 |
Wildwood | 64 | 22 | 18 | 6 | 28% | 78 | 15 | 468k | 3.6 |
Wildwood Crest | 43 | 18 | 27 | 1 | 62% | 116 | 13 | 870k | 1.6 |
N. Wildwood | 40 | 16 | 11 | 1 | 27% | 57 | 6 | 420k | 3.6 |
West Wildwood | 9 | 4 | 0 | 0 | 0% | - | 0 | - | 0 |
Cape May | 41 | 5 | 7 | 2 | 17% | 46 | 5 | 1.2m | 5.9 |
Cape May CtHs | 64 | 18 | 9 | 1 | 14% | 102 | 17 | 395k | 7.1 |
N. Cape May | 18 | 6 | 1 | 2 | 5% | 74 | 7 | 500k | 18 |