South Jersey Market Report - June 2024
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 286 | 82 | 42 | 26 | 14% | 68 | 39 | 1.3m | 6.8 |
Somers Point | 44 | 8 | 13 | 2 | 29% | 32 | 14 | 481k | 3.4 |
EHT | 177 | 47 | 31 | 1 | 17% | 25 | 41 | 358k | 5.7 |
Atlantic City | 353 | 65 | 30 | 31 | 8% | 84 | 38 | 244k | 11.8 |
Upper Twp. | 52 | 16 | 5 | 2 | 9% | 19 | 13 | 511k | 10.4 |
Ventnor | 77 | 18 | 12 | 4 | 15% | 40 | 13 | 692k | 6.4 |
Margate | 73 | 26 | 14 | 0 | 19% | 49 | 15 | 1.3m | 5.2 |
Longport | 17 | 4 | 3 | 0 | 17% | 93 | 2 | 887k | 5.7 |
Brigantine | 146 | 38 | 13 | 4 | 8% | 68 | 17 | 742k | 11.2 |
Galloway | 163 | 42 | 28 | 14 | 17% | 46 | 42 | 333k | 5.8 |
Absecon | 27 | 8 | 7 | 2 | 25% | 31 | 12 | 280k | 3.9 |
Linwood | 37 | 8 | 9 | 3 | 24% | 59 | 7 | 564k | 4.1 |
Northfield | 21 | 8 | 6 | 0 | 28% | 61 | 7 | 433k | 3.5 |
Pleasantville | 63 | 14 | 16 | 0 | 25% | 120 | 10 | 219k | 3.9 |
Strathmere | 8 | 0 | 0 | 0 | 0 | - | 0 | - | 0 |
Sea Isle City | 50 | 15 | 9 | 5 | 18% | 94 | 10 | 1.9m | 5.6 |
Avalon | 91 | 18 | 14 | 1 | 15% | 194 | 8 | 4.5m | 6.5 |
Stone Harbor | 55 | 12 | 5 | 5 | 9% | 55 | 1 | 6.5m | 11 |
Wildwood | 49 | 17 | 11 | 7 | 22% | 104 | 10 | 583k | 4.5 |
Wildwood Crest | 54 | 15 | 8 | 3 | 14% | 89 | 10 | 701k | 6.8 |
N. Wildwood | 57 | 18 | 14 | 7 | 24% | 79 | 14 | 725k | 4.1 |
West Wildwood | 7 | 3 | 1 | 1 | 14 | - | 0 | - | 7 |
Cape May | 40 | 6 | 2 | 4 | 5% | 162 | 6 | 980k | 20 |
Cape May CtHs | 68 | 20 | 17 | 4 | 25% | 105 | 13 | 453k | 4 |
N. Cape May | 22 | 5 | 6 | 2 | 27% | 67 | 6 | 509k | 3.7 |