South Jersey Market Report - September 2024
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 258 | 86 | 44 | 19 | 17% | 29 | 47 | 1.1m | 5.9 |
Somers Point | 43 | 15 | 10 | 2 | 23% | 43 | 10 | 406k | 4.3 |
EHT | 176 | 45 | 36 | 12 | 20% | 49 | 31 | 347k | 4.9 |
Atlantic City | 359 | 61 | 37 | 12 | 10% | 74 | 31 | 350k | 9.7 |
Upper Twp. | 34 | 7 | 15 | 0 | 44% | 34 | 7 | 816k | 2.3 |
Ventnor | 84 | 33 | 17 | 11 | 20% | 37 | 21 | 859k | 4.9 |
Margate | 79 | 22 | 16 | 4 | 20% | 72 | 16 | 1.7m | 4.9 |
Longport | 16 | 4 | 4 | 1 | 25% | 32 | 4 | 1.1m | 4 |
Brigantine | 126 | 25 | 19 | 7 | 15% | 35 | 22 | 675k | 6.6 |
Galloway | 158 | 39 | 32 | 7 | 20% | 35 | 38 | 311k | 4.9 |
Absecon | 24 | 6 | 8 | 2 | 33% | 31 | 5 | 331k | 3 |
Linwood | 40 | 11 | 6 | 2 | 15% | 53 | 6 | 547k | 6.7 |
Northfield | 43 | 13 | 6 | 3 | 13% | 30 | 7 | 426k | 7.2 |
Pleasantville | 59 | 15 | 12 | 9 | 20% | 46 | 18 | 203k | 4.9 |
Strathmere | 3 | 1 | 2 | 1 | 66% | - | 0 | - | 1.5 |
Sea Isle City | 51 | 15 | 11 | 6 | 21% | 105 | 8 | 1.6m | 4.6 |
Avalon | 100 | 20 | 5 | 4 | 5% | 134 | 16 | 3.3m | 20 |
Stone Harbor | 48 | 3 | 5 | 2 | 10% | 140 | 8 | 2.1m | 9.6 |
Wildwood | 70 | 18 | 22 | 2 | 31% | 138 | 16 | 634k | 3.2 |
Wildwood Crest | 47 | 14 | 14 | 8 | 29% | 104 | 16 | 771k | 3.4 |
N. Wildwood | 81 | 28 | 18 | 4 | 22% | 138 | 14 | 826k | 4.5 |
West Wildwood | 6 | 0 | 1 | 0 | 16% | 68 | 3 | 598k | 6 |
Cape May | 36 | 8 | 4 | 2 | 11% | 184 | 8 | 1.6m | 9 | Cape May CtHs | 68 | 22 | 14 | 5 | 20% | 82 | 20 | 454k | 4.9 | N. Cape May | 28 | 5 | 5 | 2 | 17% | 97 | 7 | 726k | 5.6 |