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Cape May Home Prices Up 34%

Friday, January 2, 2015   /   by Teresa DiPeso

Cape May Home Prices Up 34%

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!


 


DiPeso Group Cape May Real EstateDiPeso Group Cape May Real Estate