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South Jersey Market Report

November 2023

Active Listings New Listings Under Contract Expired/ Withdrawn % Under Contract Avg. Days on Market Sold Avg. Sale Price Absorption Rate
Ocean City 254 62 33 20 12% 36 45 1m 7.7
Somers Point 40 9 4 4 10% 26 14 355k 10
EHT 160 38 35 8 21% 62 30 370k 4.6
Atlantic City 308 66 37 19 12% 68 30 228k 8.3
Upper Twp. 37 11 5 2 13% 66 7 425k 7.4
Ventnor 72 31 13 9 18% 47 9 608k 5.5
Margate 68 14 6 5 8% 31 12 1.8m 11.3
Longport 11 3 1 1 9% 124 3 1.3m 11
Brigantine 136 23 15 5 11% 41 19 628k 9.1
Galloway 147 35 31 6 21% 21 38 296k 4.7
Absecon 32 7 3 1 9% 14 5 290k 10.7
Linwood 41 11 5 2 12% 91 7 369k 8.2
Northfield 21 5 5 3 23% 10 4 297k 4.2
Pleasantville 58 13 8 3 13% 57 18 207k 7.3
Strathmere 6 0 0 0 0% 0 0
Sea Isle City 61 13 12 0 19% 79 5 1.5m 5.1
Avalon 77 14 7 4 9% 160 9 2.4m 11
Stone Harbor 29 8 3 1 10% 218 5 5.8m 9.7
Wildwood 82 22 14 2 16% 128 18 477k 5.9
Wildwood Crest 46 11 5 3 10% 66 12 666k 9.2
N. Wildwood 63 15 5 7 7% 105 6 577k 12.6
West Wildwood 8 1 1 0 12% 29 1 550k 8
Cape May 51 7 5 2 9% 134 5 1.5m 10.2
Cape May CtHs 56 12 13 4 23% 120 12 448k 4.3
N. Cape May 21 8 5 0 23% 66 9 457k 4.2