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Cape May Real Estate | TERESA DIPESO JERSEY SHORE REAL ESTATE BLOG

Wednesday, July 9, 2025   /   by Teresa DiPeso

Why This Summer Might Be a Great Time to Buy

Is Now the Right Time to Buy a Home?
If you’ve been thinking about buying a home but aren’t sure if the timing is right, you’re not alone. Many buyers are waiting to see what happens with the market. But here’s what smart buyers know: this summer could be a good time to buy.
Why?
You have more negotiating power and better chances at getting a deal.
After a few years of sellers having the upper hand, the market is shifting in certain areas. Homes aren’t selling as quickly, and the number of listings has stayed steady — giving buyers more options.
Take a look at what’s happening at the shore:


In Wildwood Crest, home sales are down 44%, and condo sales are down 35% compared to last year and homes are staying on the market longer.


In Sea Isle City, closed condo and town home sales are down 24%, and sale prices have dropped nearly 18%.



What This Means for You
With fewer buyers and longer days on market, sellers are more open ...

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Monday, May 26, 2025   /   by Teresa DiPeso

April '25 Market Stats Just Released

The data for May will be released at the end of June, it always lags about 3-4 weeks.  Reach out today to buy and sell and put my decades of experience to work for you; I look forward to helping you achieve your real estate goals here in Cape May County. ...

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Thursday, May 1, 2025   /   by Teresa DiPeso

Jersey Cape Market Stats: March 2025

Just released by the NJ Association of Realtors, the official sales stats for Cape May County coastal towns are here!  Data always lags one month, so April's data will be released at the end of May.
Reach out today to buy and sell in Cape May County! ...

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Teresa M DiPeso | The DiPeso Group | Long & Foster Realty
Teresa M. DiPeso
101 W First Avenue
North Wildwood, 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.
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