South Jersey Market Report - December 2023
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 227 | 45 | 34 | 30 | 14% | 57 | 40 | 1.1m | 6.7 |
Somers Point | 34 | 6 | 9 | 6 | 26% | 15 | 2 | 469k | 3.8 |
EHT | 143 | 27 | 27 | 16 | 18% | 33 | 40 | 268k | 5.3 |
Atlantic City | 319 | 68 | 21 | 27 | 6% | 56 | 36 | 264k | 15.2 |
Upper Twp. | 38 | 9 | 7 | 2 | 18% | 121 | 3 | 406k | 5.4 |
Ventnor | 71 | 11 | 6 | 5 | 8% | 41 | 17 | 659k | 11.8 |
Margate | 63 | 7 | 8 | 6 | 12% | 53 | 10 | 667k | 7.9 |
Longport | 10 | 0 | 0 | 2 | 0% | 76 | 1 | 2.9m | 0 |
Brigantine | 122 | 23 | 17 | 15 | 13% | 59 | 17 | 799k | 7.2 |
Galloway | 133 | 30 | 18 | 7 | 13% | 209 | 38 | 262k | 7.4 |
Absecon | 37 | 9 | 6 | 1 | 16% | 9 | 6 | 367k | 6.2 |
Linwood | 33 | 7 | 10 | 2 | 30% | 16 | 9 | 395k | 3.3 |
Northfield | 18 | 4 | 4 | 3 | 22% | 54 | 7 | 341k | 4.35 |
Pleasantville | 57 | 12 | 11 | 4 | 19% | 36 | 6 | 223k | 5.2 |
Strathmere | 6 | 0 | 0 | 0 | 0% | 116 | 1 | 1.6m | 0 |
Sea Isle City | 57 | 12 | 8 | 3 | 14% | 127 | 15 | 1.3m | 71 |
Avalon | 60 | 4 | 6 | 5 | 10% | 170 | 9 | 4.2m | 10 |
Stone Harbor | 23 | 5 | 2 | 5 | 8% | 63 | 1 | 2m | 11.5 |
Wildwood | 85 | 11 | 10 | 4 | 11% | 118 | 16 | 552k | 8.5 |
Wildwood Crest | 52 | 12 | 9 | 6 | 17% | 96 | 8 | 486k | 6.9 |
N. Wildwood | 48 | 7 | 7 | 5 | 14% | 129 | 14 | 865k | 6.9 |
West Wildwood | 8 | 1 | 1 | 0 | 12% | 321 | 4 | 518k | 8 |
Cape May | 47 | 2 | 2 | 4 | 4% | 105 | 8 | 1m | 23.5 |
Cape May CtHs | 58 | 13 | 8 | 5 | 13% | 149 | 10 | 366k | 7.3 |
N. Cape May | 15 | 2 | 4 | 1 | 26% | 78 | 8 | 925k | 3.8 |