If you need assistance, please call 609-813-0502

Cape May Market Report

$944,187

AVERAGE PRICE OF 58 HOMES

$1,574,543

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$1,794,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$864,005

AVERAGE PRICE OF 17 HOMES WITH A POOL

$70,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$70,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $944,187
Avg Bedrooms 3.69 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

1 bedroom $415,014
2 bedrooms $632,712
3 bedrooms $520,655
4 bedrooms $925,749
5 bedrooms $977,940
Cape May Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 61 62 62 60 70
Average Price $966,095 $1,032,204 $1,085,638 $1,086,400 $1,103,808
Avg Price Change -6.84% -5.18% -0.07% -1.60% +5.52%
Median Price $764,367 $780,364 $854,164 $904,793 $882,306
Med Price Change -2.09% -9.46% -5.93% +2.55% +5.02%
Avg Bedrooms 3.59 beds 3.64 beds 4.28 beds 4.64 beds 4.62 beds
Avg Bathrooms 2.18 baths 2.38 baths 3 baths 3.46 baths 3.42 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 58 $944,187 122 days
Multi-Million Dollar Homes 21 $1,574,543 131 days
Newly Built Homes 2 $1,794,000 24 days
Homes with a Pool 17 $864,005 196 days
Distressed Homes 1 $70,000 73 days
Reduced Price Homes 1 $70,000 73 days
Jersey Shore Homes
Steven DiPeso
1612 Tilton Road
Northfield, NJ 08225
609-813-0502

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.