Friday, July 28, 2017 / by Teresa Dipeso
The Housing Market throughout Cape May County is Hot!
- Available Inventory is down 16% from a year ago.
- Number of New Listings are down 13% from a year ago.
- The Number of Homes Sold is higher than a year ago.
- The Median Price is higher than a year ago.
What does this mean for you?
Buyers- there are less homes to choose from, there are more buyers to compete with and home prices are increasing. If you have been sitting on the fence, this is a good time to consider making a purchase! Interest rates are still low and prices are expected to increase. Call us today to see homes for sale at the Jersey Shore!
Sellers-this is a good time to consider selling! There is less inventory on the market, more buyers searching for homes and supply and demand are causing prices to rise. Call us today to get your FREE Home value!