Atlantic CountyCape May County

Market Update

Atlantic County

Q2 2023

Residential Property Snapshot

Single Family Homes & Condos | Q2 2023
Med. Sales Price
$325k
8% more than in
Q2 2022
Avg. Days On Market
92
8% more than in
Q2 2022
Closed Sales
775
31% fewer than in
Q2 2022
Inventory
756
Data unavailable for
Q2 2022

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 2023

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q2 2023

Rotate your device to view as table
'22 - '23
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
n/a
New Listings
New Listings represents the number of properties listed during the quarter.
-46%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
n/a
Closed Sales
-31%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
8%

22 Communities

Communities

Absecon

Median
$286k
DOM
136
Sales
33
Inv
23

Absecon Shores

Median
$315k
DOM
229
Sales
1
Inv
0

Atlantic City

Median
$181k
DOM
106
Sales
97
Inv
171

Brigantine

Median
$533k
DOM
88
Sales
54
Inv
83

Buena

Median
$280k
DOM
68
Sales
2
Inv
1

Egg Harbor City

Median
$245k
DOM
61
Sales
17
Inv
10

Egg Harbor Township

Median
$360k
DOM
91
Sales
101
Inv
66

Estell Manor

Median
$460k
DOM
69
Sales
2
Inv
3

Folsom

Median
n/a
Sales
0
Inv
3

Galloway

Median
$303k
DOM
74
Sales
106
Inv
71

Hamilton Township

Median
$275k
DOM
81
Sales
78
Inv
59

Hammonton

Median
$345k
DOM
65
Sales
8
Inv
5

Linwood

Median
$370k
DOM
69
Sales
30
Inv
29

Longport

Median
$960k
DOM
90
Sales
11
Inv
16

Margate City

Median
$975k
DOM
122
Sales
57
Inv
77

Mays Landing

Median
$244k
DOM
69
Sales
9
Inv
2

Milmay

Median
$355k
DOM
93
Sales
1
Inv
1

Northfield

Median
$289k
DOM
80
Sales
25
Inv
21

Pleasantville

Median
$181k
DOM
74
Sales
35
Inv
25

Port Republic

Median
$489k
DOM
77
Sales
4
Inv
1

Somers Point

Median
$360k
DOM
59
Sales
41
Inv
22

Ventnor City

Median
$525k
DOM
136
Sales
58
Inv
50

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Data provided by South Jersey Shore Regional MLS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Jun 30, 2023 end of day. This report was last updated Jul 18, 2023.

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