South Jersey Market Report - May 2024
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 283 | 77 | 40 | 25 | 14% | 57 | 43 | 1m | 7.1 |
Somers Point | 48 | 16 | 7 | 0 | 14% | 41 | 11 | 484k | 6.9 |
EHT | 166 | 41 | 53 | 15 | 31% | 60 | 41 | 252k | 3.1 |
Atlantic City | 354 | 56 | 41 | 25 | 11% | 76 | 44 | 275k | 8.6 |
Upper Twp. | 46 | 14 | 12 | 2 | 26% | 55 | 16 | 622k | 3.8 |
Ventnor | 78 | 22 | 13 | 10 | 16% | 48 | 21 | 653k | 6 |
Margate | 66 | 21 | 13 | 2 | 19% | 55 | 15 | 1.2m | 5.1 |
Longport | 17 | 6 | 1 | 1 | 5% | 35 | 2 | 870k | 17 |
Brigantine | 149 | 53 | 22 | 5 | 14% | 75 | 31 | 920k | 6.8 |
Galloway | 163 | 49 | 33 | 3 | 20% | 32 | 41 | 360k | 4.9 |
Absecon | 27 | 6 | 11 | 1 | 40% | 29 | 10 | 367k | 2.5 |
Linwood | 38 | 9 | 5 | 5 | 13% | 26 | 9 | 495k | 7.6 |
Northfield | 19 | 8 | 7 | 0 | 36% | 37 | 10 | 502k | 2.7 |
Pleasantville | 69 | 17 | 14 | 3 | 20% | 49 | 14 | 209k | 4.9 |
Strathmere | 8 | 2 | 0 | 0 | 0 | 124 | 2 | 1.3m | 0 |
Sea Isle City | 52 | 8 | 12 | 2 | 23% | 154 | 19 | 1.5m | 4.3 |
Avalon | 91 | 22 | 10 | 6 | 10% | 160 | 11 | 2.9m | 9.1 |
Stone Harbor | 47 | 13 | 5 | 1 | 10% | 117 | 5 | 2.3m | 9.4 |
Wildwood | 53 | 14 | 15 | 5 | 28% | 82 | 15 | 430k | 3.5 |
Wildwood Crest | 46 | 11 | 7 | 5 | 15% | 120 | 22 | 758k | 6.6 |
N. Wildwood | 60 | 17 | 17 | 2 | 28% | 98 | 16 | 545k | 3.5 |
West Wildwood | 7 | 0 | 0 | 1 | 0 | 246 | 1 | 740k | 0 |
Cape May | 42 | 10 | 8 | 12 | 19% | 154 | 8 | 1.5m | 5.3 |
Cape May CtHs | 65 | 18 | 12 | 7 | 18% | 84 | 8 | 444k | 5.4 |
N. Cape May | 21 | 8 | 8 | 0 | 38% | 83 | 8 | 494k | 2.6 |