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

Cape May

Cape May Market Report

$2,721,702

AVERAGE PRICE OF 37 HOMES

$3,691,600

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$2,322,250

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$3,606,444

AVERAGE PRICE OF 9 HOMES WITH A POOL

Average Home

Average Price $2,721,702
Avg Bedrooms 4.74 beds
Avg Bathrooms 4.09 baths

Average Price by Bedrooms

1 bedroom $596,400
2 bedrooms $994,500
3 bedrooms $758,333
4 bedrooms $2,864,999
5 bedrooms $2,608,111
Cape May Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 37 37 45 50 54
Average Price $2,420,638 $1,891,598 $1,816,708 $1,689,748 $1,612,638
Avg Price Change +27.97% +4.12% +7.51% +4.78% -3.92%
Median Price $1,627,873 $1,670,157 $1,631,215 $1,556,246 $1,445,614
Med Price Change -2.60% +2.39% +4.82% +7.65% -6.54%
Avg Bedrooms 4.14 beds 3.95 beds 4.03 beds 3.9 beds 3.62 beds
Avg Bathrooms 3.45 baths 2.99 baths 2.98 baths 2.91 baths 2.84 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 37 $2,721,702 208 days
Multi-Million Dollar Homes 25 $3,691,600 153 days
Newly Built Homes 8 $2,322,250 176 days
Homes with a Pool 9 $3,606,444 27 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

Fair Housing/Equal Opportunity
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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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