South Jersey Market Report - November 2023
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 254 | 62 | 33 | 20 | 12% | 36 | 45 | 1m | 7.7 |
Somers Point | 40 | 9 | 4 | 4 | 10% | 26 | 14 | 355k | 10 |
EHT | 160 | 38 | 35 | 8 | 21% | 62 | 30 | 370k | 4.6 |
Atlantic City | 308 | 66 | 37 | 19 | 12% | 68 | 30 | 228k | 8.3 |
Upper Twp. | 37 | 11 | 5 | 2 | 13% | 66 | 7 | 425k | 7.4 |
Ventnor | 72 | 31 | 13 | 9 | 18% | 47 | 9 | 608k | 5.5 |
Margate | 68 | 14 | 6 | 5 | 8% | 31 | 12 | 1.8m | 11.3 |
Longport | 11 | 3 | 1 | 1 | 9% | 124 | 3 | 1.3m | 11 |
Brigantine | 136 | 23 | 15 | 5 | 11% | 41 | 19 | 628k | 9.1 |
Galloway | 147 | 35 | 31 | 6 | 21% | 21 | 38 | 296k | 4.7 |
Absecon | 32 | 7 | 3 | 1 | 9% | 14 | 5 | 290k | 10.7 |
Linwood | 41 | 11 | 5 | 2 | 12% | 91 | 7 | 369k | 8.2 |
Northfield | 21 | 5 | 5 | 3 | 23% | 10 | 4 | 297k | 4.2 |
Pleasantville | 58 | 13 | 8 | 3 | 13% | 57 | 18 | 207k | 7.3 |
Strathmere | 6 | 0 | 0 | 0 | 0% | - | 0 | - | 0 |
Sea Isle City | 61 | 13 | 12 | 0 | 19% | 79 | 5 | 1.5m | 5.1 |
Avalon | 77 | 14 | 7 | 4 | 9% | 160 | 9 | 2.4m | 11 |
Stone Harbor | 29 | 8 | 3 | 1 | 10% | 218 | 5 | 5.8m | 9.7 |
Wildwood | 82 | 22 | 14 | 2 | 16% | 128 | 18 | 477k | 5.9 |
Wildwood Crest | 46 | 11 | 5 | 3 | 10% | 66 | 12 | 666k | 9.2 |
N. Wildwood | 63 | 15 | 5 | 7 | 7% | 105 | 6 | 577k | 12.6 |
West Wildwood | 8 | 1 | 1 | 0 | 12% | 29 | 1 | 550k | 8 |
Cape May | 51 | 7 | 5 | 2 | 9% | 134 | 5 | 1.5m | 10.2 |
Cape May CtHs | 56 | 12 | 13 | 4 | 23% | 120 | 12 | 448k | 4.3 |
N. Cape May | 21 | 8 | 5 | 0 | 23% | 66 | 9 | 457k | 4.2 |