Tuesday, March 17, 2015 / by Teresa Dipeso
Home Prices in Cape May for February 2015
Real estate market data for Cape May, NJ provided by Teresa DiPeso of Long & Foster
Cape May NJ Home Prices
If you are considering buying a home you can still find good deals on a house in Cape May but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few weeks of hitting the market. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Cape May home on which you are making an offer.
Cape May Real Estate Report Summary
The median sale price for homes in the Cape May area for February 2105 was $300,000. Overall, home prices are down 19% over a year ago.
The number of homes for sale in the Cape May area for February 2015 was 363. Inventory is down 17% over a year ago.
The number of homes sold in the Cape May area and in February 2015 was 17. Sale contracts were up 17% over a year ago.
What does this mean for a Cape May home buyer?
Find Homes for Sale in Cape May NJ
Real Estate is local. When buying or selling a Jersey Shore home you need to rely on local expertise, knowledge and experience. Call The DiPeso Group today and together we will make your real estate goals of buying or selling a home a reality!
Visit my website to search for homes in Cape May and the entire county and to be notified when new homes come on the market.
To find out what your home is worth in the current market email me or call 609-780-1434