South Jersey Market Report - March 2024
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 270 | 68 | 46 | 21 | 17% | 50 | 41 | 1.2m | 5.9 |
Somers Point | 32 | 10 | 8 | 5 | 25% | 41 | 19 | 416k | 4 |
EHT | 156 | 37 | 27 | 5 | 17% | 47 | 39 | 348k | 5.8 |
Atlantic City | 383 | 60 | 25 | 22 | 6% | 66 | 34 | 274k | 15.3 |
Upper Twp. | 46 | 17 | 6 | 1 | 13% | 29 | 8 | 449k | 7.7 |
Ventnor | 79 | 23 | 14 | 9 | 17% | 72 | 23 | 594k | 5.6 |
Margate | 70 | 19 | 13 | 6 | 18% | 66 | 19 | 1m | 5.4 |
Longport | 16 | 3 | 1 | 1 | 6% | 38 | 2 | 2.2m | 16 |
Brigantine | 130 | 32 | 28 | 11 | 21% | 93 | 28 | 686k | 4.6 |
Galloway | 138 | 24 | 30 | 7 | 21% | 37 | 28 | 306k | 4.6 |
Absecon | 29 | 9 | 12 | 2 | 41% | 193 | 10 | 274k | 2.4 |
Linwood | 38 | 10 | 9 | 5 | 23% | 50 | 7 | 551k | 4.2 |
Northfield | 19 | 5 | 5 | 2 | 26% | 29 | 8 | 314k | 3.8 |
Pleasantville | 56 | 12 | 9 | 5 | 16% | 28 | 17 | 203k | 6.2 |
Strathmere | 8 | 1 | 0 | 1 | -% | - | 0 | - | 0 |
Sea Isle City | 66 | 18 | 14 | 2 | 21% | 70 | 5 | 1.5m | 4.7 |
Avalon | 74 | 26 | 7 | 2 | 9% | 142 | 20 | 2.4m | 10.6 |
Stone Harbor | 41 | 10 | 5 | 0 | 12% | 210 | 7 | 3m | 8.2 |
Wildwood | 72 | 15 | 22 | 4 | 30% | 170 | 22 | 907k | 3.3 |
Wildwood Crest | 48 | 13 | 22 | 2 | 45% | 141 | 20 | 643k | 2.2 |
N. Wildwood | 60 | 13 | 16 | 1 | 26% | 99 | 29 | 737k | 3.8 |
West Wildwood | 8 | 0 | 0 | 1 | -% | 713 | 2 | 767k | 0 |
Cape May | 42 | 11 | 6 | 1 | 14% | 135 | 6 | 796k | 7 |
Cape May CtHs | 58 | 16 | 9 | 7 | 15% | 185 | 8 | 499k | 6.4 |
N. Cape May | 21 | 9 | 9 | 1 | 42% | 76 | 8 | 547k | 2.3 |