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South Jersey Market Report

September 2023

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 246 87 50 20 20% 46 69 1.2m 4.9
Somers Point 36 9 11 2 30% 20 11 489k 3.3
EHT 171 48 43 19 25% 24 38 312k 4
Atlantic City 297 53 46 29 15% 69 35 245k 6.5
Upper Twp. 25 8 5 0 20% 75 10 446k 5
Ventnor 74 19 17 3 22% 45 15 778k 4.4
Margate 76 28 13 13 17% 27 24 1.2m 5.8
Longport 13 3 1 0 17% 75 6 2.9m 13
Brigantine 122 38 19 7 15% 19 23 646k 6.4
Galloway 148 39 37 7 25% 28 30 319k 4
Absecon 24 3 6 1 25% 22 7 268k 4
Linwood 35 7 8 2 22% 20 14 471k 4.4
Northfield 21 7 8 1 38% 41 11 422k 2.6
Pleasantville 49 14 14 12 28% 23 5 156k 3.5
Strathmere 4 4 1 1 25% 758 1 1.1m 4
Sea Isle City 60 17 4 4 6% 134 15 1.5m 15
Avalon 79 17 15 11 18% 106 13 2.9m 5.3
Stone Harbor 23 5 3 4 13% 129 11 4.6m 7.7
Wildwood 83 25 21 7 25% 93 18 454k 4
Wildwood Crest 43 13 7 7 16% 68 15 467k 6.1
N. Wildwood 51 15 5 7 9% 90 16 704k 10.2
West Wildwood 10 2 1 2 10% 60 1 500k 10
Cape May 48 10 3 3 6% 114 8 1.2m 16
Cape May CtHs 59 15 9 9 15% 155 23 432k 6.6
N. Cape May 15 3 10 0 66% 63 10 426k 1.5