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

Cape May Market Report

$2,089,345

AVERAGE PRICE OF 37 HOMES

$2,733,356

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$2,516,000

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$1,321,539

AVERAGE PRICE OF 9 HOMES WITH A POOL

$2,049,975

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $2,089,345
Avg Bedrooms 4.57 beds
Avg Bathrooms 3.38 baths

Average Price by Bedrooms

1 bedroom $566,633
2 bedrooms $868,428
3 bedrooms $1,137,600
4 bedrooms $2,268,325
5 bedrooms $2,507,488
Cape May Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 25 23 26 37 38
Average Price $1,973,866 $2,033,354 $2,721,577 $2,424,750 $2,350,064
Avg Price Change -3.01% -33.85% +12.24% +3.18% -6.19%
Median Price $1,663,417 $1,713,889 $1,797,500 $1,509,050 $1,530,397
Med Price Change -3.03% -4.88% +19.11% -1.41% -23.73%
Avg Bedrooms 4.35 beds 4.43 beds 4.69 beds 4.16 beds 4.07 beds
Avg Bathrooms 3.34 baths 3.41 baths 3.68 baths 3.27 baths 3.22 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 37 $2,089,345 108 days
Multi-Million Dollar Homes 25 $2,733,356 139 days
Newly Built Homes 5 $2,516,000 236 days
Homes with a Pool 9 $1,321,539 39 days
Reduced Price Homes 2 $2,049,975 308 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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