South Jersey Market Report - February 2024
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 256 | 75 | 43 | 17 | 16% | 90 | 30 | 1.4m | 6.0 |
Somers Point | 36 | 16 | 13 | 2 | 36% | 17 | 4 | 336k | 2.8 |
EHT | 139 | 39 | 34 | 6 | 24% | 35 | 20 | 388k | 4.1 |
Atlantic City | 387 | 79 | 38 | 17 | 9% | 88 | 25 | 266k | 10.2 |
Upper Twp. | 32 | 6 | 10 | 2 | 31% | 23 | 4 | 315k | 3.2 |
Ventnor | 84 | 30 | 23 | 7 | 27% | 38 | 9 | 579k | 3.7 |
Margate | 73 | 24 | 20 | 5 | 27% | 50 | 9 | 865k | 3.7 |
Longport | 12 | 5 | 1 | 0 | 8% | 70 | 4 | 1.6m | 12.0 |
Brigantine | 125 | 41 | 21 | 13 | 16% | 69 | 12 | 649k | 6.0 |
Galloway | 133 | 33 | 34 | 11 | 25% | 55 | 30 | 270k | 3.9 |
Absecon | 33 | 10 | 5 | 3 | 15% | 59 | 8 | 368k | 6.6 |
Linwood | 35 | 9 | 6 | 2 | 17% | 25 | 5 | 589k | 5.8 |
Northfield | 20 | 7 | 6 | 2 | 30% | 49 | 3 | 319k | 3.3 |
Pleasantville | 51 | 14 | 20 | 4 | 39% | 22 | 10 | 214k | 2.6 |
Strathmere | 8 | 2 | 1 | 0 | 12% | - | 0 | - | 8.0 |
Sea Isle City | 64 | 9 | 13 | 4 | 20% | 191 | 15 | 1.5m | 4.9 |
Avalon | 63 | 13 | 16 | 0 | 25% | 87 | 6 | 1.9m | 3.9 |
Stone Harbor | 37 | 8 | 0 | 0 | 0% | 212 | 1 | 1.9m | 0.0 |
Wildwood | 82 | 25 | 36 | 3 | 43% | 134 | 17 | 549k | 2.3 |
Wildwood Crest | 53 | 22 | 20 | 2 | 37% | 103 | 8 | 764k | 2.7 |
N. Wildwood | 51 | 18 | 17 | 9 | 33% | 112 | 11 | 750k | 3.0 |
West Wildwood | 9 | 0 | 0 | 1 | 0% | - | 0 | - | 0.0 |
Cape May | 38 | 3 | 4 | 3 | 10% | 99 | 1 | 900k | 9.5 |
Cape May CtHs | 54 | 12 | 12 | 3 | 22% | 83 | 8 | 447k | 4.5 |
N. Cape May | 20 | 9 | 5 | 3 | 25% | 95 | 5 | 472k | 4.0 |