South Jersey Market Report - August 2024
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 229 | 92 | 52 | 25 | 22% | 69 | 45 | 1.3m | 4.4 |
Somers Point | 45 | 16 | 9 | 6 | 20% | 57 | 11 | 417k | 5 |
EHT | 184 | 62 | 40 | 17 | 21% | 33 | 37 | 344k | 4.6 |
Atlantic City | 374 | 77 | 30 | 28 | 8% | 107 | 29 | 244k | 12.5 |
Upper Twp. | 46 | 10 | 10 | 4 | 21% | 49 | 8 | 660k | 4.6 |
Ventnor | 82 | 25 | 11 | 3 | 13% | 74 | 19 | 1.1m | 7.5 |
Margate | 82 | 29 | 19 | 6 | 23% | 88 | 7 | 2.1m | 4.3 |
Longport | 16 | 6 | 5 | 0 | 31% | 30 | 4 | 809k | 3.2 |
Brigantine | 137 | 38 | 19 | 9 | 13% | 66 | 18 | 571k | 7.2 |
Galloway | 170 | 53 | 32 | 13 | 18% | 42 | 41 | 337k | 5.3 |
Absecon | 24 | 9 | 4 | 3 | 16% | 72 | 9 | 257k | 6 |
Linwood | 38 | 14 | 10 | 4 | 26% | 81 | 3 | 506k | 3.8 |
Northfield | 34 | 12 | 11 | 1 | 32% | 19 | 7 | 310k | 3.1 |
Pleasantville | 63 | 17 | 22 | 8 | 34% | 93 | 8 | 205k | 2.9 |
Strathmere | 6 | 0 | 0 | 0 | 0% | 67 | 1 | 1.7m | 0 |
Sea Isle City | 48 | 15 | 8 | 4 | 16% | 132 | 10 | 1.5m | 6 |
Avalon | 102 | 22 | 16 | 4 | 15% | 163 | 10 | 5.1m | 6.4 |
Stone Harbor | 56 | 11 | 6 | 2 | 10% | 188 | 3 | 3.7m | 9.3 |
Wildwood | 67 | 20 | 17 | 4 | 25% | 130 | 11 | 582k | 3.9 |
Wildwood Crest | 49 | 15 | 11 | 6 | 22% | 77 | 16 | 853k | 4.5 |
N. Wildwood | 63 | 22 | 12 | 3 | 19% | 83 | 11 | 477k | 5.3 |
West Wildwood | 9 | 7 | 5 | 3 | 55% | - | 0 | - | 1.8 |
Cape May | 39 | 9 | 13 | 2 | 33% | 66 | 5 | 1.1m | 3 |
Cape May CtHs | 64 | 12 | 22 | 4 | 34% | 105 | 17 | 484k | 2.9 |
N. Cape May | 29 | 14 | 8 | 0 | 27% | 80 | 11 | 574k | 3.6 |