South Jersey Market Report - January 2024
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 231 | 56 | 33 | 48 | 14% | 48 | 42 | 1.6m | 7 |
Somers Point | 34 | 10 | 6 | 3 | 17% | 55 | 11 | 465k | 5.7 |
EHT | 128 | 35 | 27 | 23 | 21% | 43 | 34 | 272k | 4.7 |
Atlantic City | 366 | 98 | 40 | 23 | 10% | 52 | 21 | 282k | 9.2 |
Upper Twp. | 32 | 5 | 5 | 0 | 15% | 14 | 24 | 277k | 6.4 |
Ventnor | 80 | 26 | 10 | 5 | 12% | 37 | 8 | 628k | 8 |
Margate | 66 | 14 | 15 | 4 | 22% | 40 | 7 | 1m | 4.4 |
Longport | 9 | 3 | 4 | 2 | 44% | 107 | 2 | 1.9m | 2.3 |
Brigantine | 112 | 18 | 17 | 16 | 15% | 79 | 15 | 773k | 6.6 |
Galloway | 134 | 30 | 29 | 15 | 21% | 67 | 23 | 227k | 4.6 |
Absecon | 35 | 11 | 7 | 3 | 20% | 56 | 6 | 266k | 5 |
Linwood | 36 | 14 | 4 | 2 | 11% | 28 | 11 | 513k | 9 |
Northfield | 19 | 5 | 2 | 3 | 10% | 72 | 6 | 436k | 9.5 |
Pleasantville | 58 | 13 | 9 | 5 | 15% | 40 | 10 | 636k | 6.4 |
Strathmere | 8 | 0 | 0 | 0 | 0% | 0 | 0 | 0 | 0 |
Sea Isle City | 70 | 22 | 7 | 6 | 10% | 132 | 13 | 1.8m | 10 |
Avalon | 61 | 11 | 12 | 17 | 19% | 282 | 10 | 2.9m | 5.1 |
Stone Harbor | 26 | 7 | 4 | 1 | 15% | 136 | 5 | 3.3m | 6.5 |
Wildwood | 98 | 24 | 20 | 7 | 20% | 131 | 17 | 728k | 4.9 |
Wildwood Crest | 50 | 9 | 14 | 4 | 28% | 146 | 9 | 772k | 3.6 |
N. Wildwood | 53 | 19 | 20 | 6 | 37% | 79 | 6 | 548k | 2.7 |
West Wildwood | 10 | 3 | 1 | 1 | 10% | 0 | 0 | 0 | 10 |
Cape May | 41 | 5 | 4 | 5 | 9% | 152 | 3 | 1.3m | 10.3 |
Cape May CtHs | 60 | 9 | 9 | 6 | 15% | 120 | 10 | 333k | 6.7 |
N. Cape May | 16 | 8 | 7 | 3 | 43% | 77 | 3 | 401k | 2.3 |