If you need assistance, please call 609-780-1434

June 2021 Shore Market Reports By Town

Friday, July 23, 2021   /   by Teresa Dipeso

June 2021 Shore Market Reports By Town

The real estate market continues to be red hot at the Jersey Shore, with total Days On Market for Cape May County continuing to be well below historical averages.  This means properties are going under contract much more quickly than usual.  

This is largely a result of historically low interest rates, which dropped again this week for the 3rd consecutive week, to below 2.9%.  Home buyers know locking in a rate like that more than off-sets the recent uptick in prices, creating enormous demand for the reliable investment that is Shore real estate.  

Home sellers, meanwhile, continue to enjoy limited inventory and the strong demand for quality homes.  

Now is a GREAT time to buy and sell at the Shore.  Put my 25 years experience to work for you.  Call/text 609-780-1434. 

(July's stats will be out at the end of August)


Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
5901 New Jersey Ave
Wildwood Crest, NJ 08260
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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