South Jersey Market Report - September 2023
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 246 | 87 | 50 | 20 | 20% | 46 | 69 | 1.2m | 4.9 |
Somers Point | 36 | 9 | 11 | 2 | 30% | 20 | 11 | 489k | 3.3 |
EHT | 171 | 48 | 43 | 19 | 25% | 24 | 38 | 312k | 4 |
Atlantic City | 297 | 53 | 46 | 29 | 15% | 69 | 35 | 245k | 6.5 |
Upper Twp. | 25 | 8 | 5 | 0 | 20% | 75 | 10 | 446k | 5 |
Ventnor | 74 | 19 | 17 | 3 | 22% | 45 | 15 | 778k | 4.4 |
Margate | 76 | 28 | 13 | 13 | 17% | 27 | 24 | 1.2m | 5.8 |
Longport | 13 | 3 | 1 | 0 | 17% | 75 | 6 | 2.9m | 13 |
Brigantine | 122 | 38 | 19 | 7 | 15% | 19 | 23 | 646k | 6.4 |
Galloway | 148 | 39 | 37 | 7 | 25% | 28 | 30 | 319k | 4 |
Absecon | 24 | 3 | 6 | 1 | 25% | 22 | 7 | 268k | 4 |
Linwood | 35 | 7 | 8 | 2 | 22% | 20 | 14 | 471k | 4.4 |
Northfield | 21 | 7 | 8 | 1 | 38% | 41 | 11 | 422k | 2.6 |
Pleasantville | 49 | 14 | 14 | 12 | 28% | 23 | 5 | 156k | 3.5 |
Strathmere | 4 | 4 | 1 | 1 | 25% | 758 | 1 | 1.1m | 4 |
Sea Isle City | 60 | 17 | 4 | 4 | 6% | 134 | 15 | 1.5m | 15 |
Avalon | 79 | 17 | 15 | 11 | 18% | 106 | 13 | 2.9m | 5.3 |
Stone Harbor | 23 | 5 | 3 | 4 | 13% | 129 | 11 | 4.6m | 7.7 |
Wildwood | 83 | 25 | 21 | 7 | 25% | 93 | 18 | 454k | 4 |
Wildwood Crest | 43 | 13 | 7 | 7 | 16% | 68 | 15 | 467k | 6.1 |
N. Wildwood | 51 | 15 | 5 | 7 | 9% | 90 | 16 | 704k | 10.2 |
West Wildwood | 10 | 2 | 1 | 2 | 10% | 60 | 1 | 500k | 10 |
Cape May | 48 | 10 | 3 | 3 | 6% | 114 | 8 | 1.2m | 16 |
Cape May CtHs | 59 | 15 | 9 | 9 | 15% | 155 | 23 | 432k | 6.6 |
N. Cape May | 15 | 3 | 10 | 0 | 66% | 63 | 10 | 426k | 1.5 |