If you need assistance, please call 609-425-2840

Cape May Market Report

$1,734,229

AVERAGE PRICE OF 45 HOMES

$2,301,854

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$2,218,915

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$1,543,112

AVERAGE PRICE OF 8 HOMES WITH A POOL

$959,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,734,229
Avg Bedrooms 3.84 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $554,725
2 bedrooms $819,500
3 bedrooms $1,272,167
4 bedrooms $1,831,577
5 bedrooms $2,430,531
Cape May Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 47 50 49 50 50
Average Price $1,711,994 $1,646,392 $1,690,562 $1,597,212 $1,629,748
Avg Price Change +3.98% -2.68% +5.84% -2.04% -0.97%
Median Price $1,609,617 $1,502,733 $1,591,583 $1,454,393 $1,517,517
Med Price Change +7.11% -5.91% +9.43% -4.34% -3.91%
Avg Bedrooms 3.74 beds 3.65 beds 3.73 beds 3.6 beds 3.69 beds
Avg Bathrooms 2.76 baths 2.69 baths 2.75 baths 2.63 baths 2.67 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 45 $1,734,229 165 days
Multi-Million Dollar Homes 28 $2,301,854 180 days
Newly Built Homes 13 $2,218,915 153 days
Homes with a Pool 8 $1,543,112 104 days
Reduced Price Homes 1 $959,000 37 days
Long & Foster Real Estate, Inc.
Joan Morey
150 96th Street
Stone Harbor, N 08247
609-425-2840

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.
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