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

Cape May

Cape May Market Report

$959,580

AVERAGE PRICE OF 55 HOMES

$1,605,769

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$1,794,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$923,172

AVERAGE PRICE OF 18 HOMES WITH A POOL

$70,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$70,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $959,580
Avg Bedrooms 3.74 beds
Avg Bathrooms 2.35 baths

Average Price by Bedrooms

1 bedroom $415,014
2 bedrooms $628,587
3 bedrooms $489,800
4 bedrooms $927,949
5 bedrooms $977,940
Cape May Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 56 61 62 62 60
Average Price $916,790 $966,095 $1,032,204 $1,085,638 $1,086,400
Avg Price Change -5.38% -6.84% -5.18% -0.07% -1.60%
Median Price $772,416 $764,367 $780,364 $854,164 $904,793
Med Price Change +1.05% -2.09% -9.46% -5.93% +2.55%
Avg Bedrooms 3.52 beds 3.59 beds 3.64 beds 4.28 beds 4.64 beds
Avg Bathrooms 2.17 baths 2.18 baths 2.38 baths 3 baths 3.46 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 55 $959,580 124 days
Multi-Million Dollar Homes 20 $1,605,769 127 days
Newly Built Homes 2 $1,794,000 26 days
Homes with a Pool 18 $923,172 181 days
Distressed Homes 1 $70,000 75 days
Reduced Price Homes 1 $70,000 75 days
Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
Long & Foster
Avalon/Stone Harbor/Cape May/Sea Isle/Wildwoods, NJ 08202
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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