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Cape May NJ Market Report February 2015

Tuesday, March 17, 2015   /   by Teresa Dipeso

Cape May NJ Market Report February 2015

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.

  

teresa dipeso cape may real estate

teresa dipeso cape may real estate

 

 

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?

 
 
Affordable home prices but fewer properties to choose from.
 
 
If you are thinking of buying a new shore home, NOW is the time. We can help you find the best home for the best price. 
 

 

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

 

Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
Long & Foster
Avalon/Stone Harbor/Cape May/Sea Isle/Wildwoods, NJ 08202
609-780-1434

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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