South Jersey Market Report - October 2023
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 248 | 80 | 52 | 50 | 20% | 35 | 49 | 1.2m | 4.8 |
Somers Point | 39 | 13 | 12 | 5 | 30% | 28 | 13 | 502k | 3.3 |
EHT | 158 | 31 | 26 | 7 | 16% | 27 | 45 | 362k | 6.1 |
Atlantic City | 303 | 79 | 36 | 34 | 11% | 86 | 42 | 263k | 8.4 |
Upper Twp. | 33 | 10 | 8 | 4 | 24% | 19 | 7 | 657k | 4.1 |
Ventnor | 70 | 19 | 14 | 10 | 20% | 18 | 19 | 558k | 5 |
Margate | 73 | 15 | 9 | 7 | 12% | 25 | 21 | 1.4m | 8.1 |
Longport | 13 | 2 | 0 | 1 | 0% | 71 | 2 | 1.7m | 0 |
Brigantine | 152 | 51 | 17 | 9 | 11% | 35 | 19 | 687k | 8.9 |
Galloway | 150 | 38 | 29 | 3 | 19% | 26 | 38 | 309k | 5.2 |
Absecon | 32 | 13 | 7 | 6 | 21% | 19 | 6 | 292k | 4.6 |
Linwood | 39 | 15 | 10 | 8 | 25% | 60 | 8 | 513k | 3.9 |
Northfield | 25 | 9 | 4 | 2 | 16% | 46 | 7 | 359k | 6.3 |
Pleasantville | 57 | 21 | 13 | 3 | 22% | 18 | 7 | 171k | 4.4 |
Strathmere | 6 | 1 | 0 | 0 | 0% | 122 | 1 | 2m | 0 |
Sea Isle City | 62 | 9 | 14 | 0 | 22% | 150 | 7 | 1.9m | 4.4 |
Avalon | 74 | 11 | 10 | 11 | 13% | 110 | 17 | 3.5m | 7.4 |
Stone Harbor | 25 | 8 | 4 | 9 | 16% | 120 | 3 | 3m | 6.3 |
Wildwood | 86 | 20 | 14 | 3 | 16% | 111 | 26 | 542k | 6.1 |
Wildwood Crest | 50 | 17 | 9 | 2 | 18% | 94 | 12 | 758k | 5.6 |
N. Wildwood | 56 | 14 | 9 | 5 | 16% | 87 | 4 | 605k | 6.2 |
West Wildwood | 9 | 3 | 2 | 0 | 22% | 119 | 2 | 703k | 4.5 |
Cape May | 48 | 8 | 8 | 1 | 16% | 71 | 6 | 1m | 6 |
Cape May CtHs | 57 | 11 | 10 | 6 | 17% | 168 | 11 | 473k | 5.7 |
N. Cape May | 17 | 5 | 6 | 0 | 35% | 68 | 6 | 483k | 2.8 |