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

Cape May

Cape May Market Report

$1,804,294

AVERAGE PRICE OF 60 HOMES

$2,341,973

AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES

$2,385,778

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$2,041,433

AVERAGE PRICE OF 9 HOMES WITH A POOL

$2,199,667

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,804,294
Avg Bedrooms 4.15 beds
Avg Bathrooms 2.66 baths

Average Price by Bedrooms

1 bedroom $575,000
2 bedrooms $743,223
3 bedrooms $881,359
4 bedrooms $2,481,900
5 bedrooms $2,502,460
Cape May Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 65 66 71 n/a n/a
Average Price $1,709,766 $1,636,251 $1,593,913 n/a n/a
Avg Price Change +4.49% +2.66% n/a n/a n/a
Median Price $1,564,478 $1,532,658 $1,538,748 n/a n/a
Med Price Change +2.08% -0.40% n/a n/a n/a
Avg Bedrooms 4.5 beds 4.47 beds 3.86 beds n/a n/a
Avg Bathrooms 2.76 baths 2.73 baths 2.53 baths n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 60 $1,804,294 149 days
Multi-Million Dollar Homes 41 $2,341,973 192 days
Newly Built Homes 9 $2,385,778 156 days
Homes with a Pool 9 $2,041,433 109 days
Reduced Price Homes 3 $2,199,667 118 days
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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