Real estate market data for Cape May, NJ area provided by Teresa DiPeso of Long and Foster

 
Cape May Area Home Prices

If you are considering buying a home in the Cape May area you can still find deals 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, NJ Area Real Estate Report Summary

The median sale price in April 2015 for homes in the Cape May area was $330,000. Prices are down slightly over a year ago. 

The number of homes for sale in the Cape May area  in April 2015 was 402. Inventory is down 16% over a year ago. 

The number of homes sold in the Cape May area in April 2015 was 37.  Sale contracts were up 16% over a year ago. 

 

What does this mean for an Cape May area home buyer?

 

Fewer homes to choose from than a year ago and historically low interest rates

 

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 the Cape May, NJ Area

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 our website to search for homes in the Cape May area 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