Monday, December 29, 2014 / by Teresa DiPeso
Cape May NJ November 2014 Market Report
The month of November showed continued price increases for homes in Cape May. The median sales price increased 34% to $316,000 over this time last year.
The supply of homes (inventory) decreased 10% meaning buyers now have less homes to choose from as compared to a year ago.
Don't look back with regret. Home prices are steadily increasing while the supply of homes dwindles. Call DiPeso Group when you are ready to purchase or sell a Jersey Shore home!