South Jersey Market Report - December 2024
Active Listings | New Listings | Under Contract | Expired/ Withdrawn | % Under Contract | Avg. Days on Market | Sold | Avg. Sale Price | Absorption Rate | |
Ocean City | 222 | 35 | 27 | 22 | 12% | 55 | 34 | 1.3m | 8.2 |
Somers Point | 39 | 5 | 5 | 4 | 12% | 35 | 6 | 545k | 7.8 |
EHT | 143 | 23 | 22 | 12 | 15% | 62 | 44 | 432k | 6.5 |
Atlantic City | 324 | 44 | 28 | 21 | 8% | 96 | 36 | 296k | 11.6 |
Upper Twp. | 37 | 4 | 5 | 3 | 13% | 33 | 8 | 623k | 7.4 |
Ventnor | 72 | 17 | 14 | 5 | 19% | 64 | 21 | 812k | 5.1 |
Margate | 64 | 16 | 6 | 9 | 9% | 42 | 15 | 1.5m | 10.7 |
Longport | 19 | 0 | 1 | 1 | 5% | 46 | 2 | 1.6m | 19 |
Brigantine | 100 | 12 | 7 | 18 | 7% | 58 | 10 | 1m | 14.3 |
Galloway | 145 | 30 | 20 | 10 | 13% | 30 | 29 | 304k | 7.3 |
Absecon | 30 | 7 | 3 | 1 | 10% | 44 | 3 | 415k | 10 |
Linwood | 39 | 18 | 3 | 3 | 7% | 101 | 10 | 424k | 13 |
Northfield | 31 | 2 | 7 | 0 | 22% | 46 | 5 | 387k | 4.4 |
Pleasantville | 53 | 9 | 4 | 9 | 7% | 14 | 7 | 232k | 13.3 |
Strathmere | 4 | 0 | 1 | 1 | 25% | 81 | 1 | 775k | 0 |
Sea Isle City | 41 | 9 | 4 | 3 | 9% | 175 | 13 | 1.3m | 10.3 |
Avalon | 67 | 7 | 6 | 8 | 8% | 90 | 7 | 2.2m | 11.2 |
Stone Harbor | 32 | 4 | 4 | 7 | 12% | 127 | 4 | 1.7m | 8 |
Wildwood | 74 | 9 | 9 | 9 | 12% | 157 | 17 | 629k | 8.2 |
Wildwood Crest | 46 | 3 | 5 | 3 | 10% | 93 | 10 | 584k | 9.2 |
N. Wildwood | 68 | 6 | 3 | 4 | 4% | 108 | 16 | 636k | 22.7 |
West Wildwood | 5 | 0 | 3 | 0 | 60% | 82 | 2 | 560k | 1.7 |
Cape May | 31 | 5 | 5 | 2 | 16% | 161 | 10 | 1.2m | 6.2 |
Cape May CtHs | 55 | 6 | 8 | 2 | 14% | 137 | 11 | 469k | 6.9 |
N. Cape May | 16 | 3 | 8 | 4 | 50% | 124 | 10 | 492k | 2 |