Tuesday, April 21, 2015 / by Teresa Dipeso
Cape May Area Real Estate Report Summary
The median sale price in March 2015 for homes in the Cape May was $270,133. Prices are down 18% over a year ago and 10% lower than February.
The number of homes for sale in the Cape May area in March 2015 was 389. Inventory is down 15% over a year ago.
The number of homes sold in Cape May area in March 2015 was 30. Sale contracts are up over a year ago.
What does this mean for a Cape May area home buyer?
Home prices are affordable and interest rates are historically low.
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