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

Cape May Market Report

$1,532,295

AVERAGE PRICE OF 40 HOMES

$1,915,032

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$1,625,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$573,928

AVERAGE PRICE OF 7 HOMES WITH A POOL

$899,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,532,295
Avg Bedrooms 4.43 beds
Avg Bathrooms 3.09 baths

Average Price by Bedrooms

1 bedroom $373,125
2 bedrooms $636,666
3 bedrooms $1,091,667
4 bedrooms $1,443,964
5 bedrooms $1,482,843
Cape May Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings 43 44 50 52 53
Average Price $1,480,458 $1,468,358 $1,492,239 $1,407,904 $1,345,540
Avg Price Change +0.82% -1.63% +5.99% +4.63% +12.34%
Median Price $1,452,232 $1,458,333 $1,444,733 $1,331,883 $1,114,213
Med Price Change -0.42% +0.94% +8.47% +19.54% +21.92%
Avg Bedrooms 4.13 beds 4.07 beds 4.06 beds 4.12 beds 4.05 beds
Avg Bathrooms 3.01 baths 2.98 baths 3.08 baths 3.19 baths 3.12 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 40 $1,532,295 122 days
Multi-Million Dollar Homes 28 $1,915,032 128 days
Newly Built Homes 1 $1,625,000 60 days
Homes with a Pool 7 $573,928 223 days
Reduced Price Homes 1 $899,900 19 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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