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South Jersey Market Report

November 2022

Active Listings New Listings Under Contract Expired/Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 312 54 32 27 10% 53 50 1.1m 9.8
Somers Point 58 18 11 12 18% 53 7 407k 5.3
EHT 199 35 33 16 16% 33 36 305k 6.0
Atlantic City 329 57 27 26 8% 118 35 229k 12.2
Upper Twp. 47 12 12 10 25% 117 10 377k 3.9
Ventnor 93 22 12 5 12% 21 9 544k 7.8
Margate 101 24 10 5 9% 19 17 1.1m 10.1
Longport 12 4 1 3 8% 52 3 3.6m 12.0
Brigantine 104 19 11 9 10% 37 26 541k 9.5
Galloway 189 22 25 9 13% 50 40 257k 7.6
Absecon 52 7 8 5 15% 44 10 292k 6.5
Linwood 40 13 8 3 20% 59 7 351k 5.0
Northfield 22 4 10 2 45% 12 9 246k 2.2
Pleasantville 89 10 18 9 18 94 14 126k 4.9
Strathmere 4 1 0 1 0% 0
Sea Isle City 59 6 7 2 11% 185 7 1.3m 8.4
Avalon 75 11 5 2 6% 149 17 2.7m 15.0
Stone Harbor 18 1 3 5 16% 141 8 3.9m 6.0
Wildwood 104 19 24 10 23% 100 24 422k 4.3
Wildwood Crest 47 9 10 9 21% 69 6 596k 4.7
N. Wildwood 43 13 12 3 27% 69 12 430k 3.6
West Wildwood 8 2 2 0 25% 70 1 635k 4.0
Cape May 53 7 8 1 15% 92 8 1m 6.6
Cape May CtHs 69 4 6 7 8% 267 11 465k 11.5
N. Cape May 27 8 8 1 29% 102 9 454k 3.4