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

Cape May Market Report

$1,237,454

AVERAGE PRICE OF 93 HOMES

$1,837,814

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$1,682,500

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$1,007,621

AVERAGE PRICE OF 19 HOMES WITH A POOL

$815,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,237,454
Avg Bedrooms 3.87 beds
Avg Bathrooms 2.78 baths

Average Price by Bedrooms

1 bedroom $533,780
2 bedrooms $647,021
3 bedrooms $872,923
4 bedrooms $1,307,439
5 bedrooms $1,365,571
Cape May Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 85 86 39 43 44
Average Price $1,335,342 $1,323,203 $1,513,414 $1,480,458 $1,468,358
Avg Price Change +0.92% -14.38% +2.23% +0.82% -1.63%
Median Price $1,011,776 $1,061,983 $1,338,983 $1,452,232 $1,458,333
Med Price Change -4.96% -26.08% -8.46% -0.42% +0.94%
Avg Bedrooms 4.11 beds 4.12 beds 4.32 beds 4.13 beds 4.07 beds
Avg Bathrooms 2.91 baths 2.98 baths 3.11 baths 3.01 baths 2.98 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 93 $1,237,454 98 days
Multi-Million Dollar Homes 43 $1,837,814 124 days
Newly Built Homes 4 $1,682,500 90 days
Homes with a Pool 19 $1,007,621 129 days
Reduced Price Homes 1 $815,000 105 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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