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Cape May

Cape May Market Report

$2,056,270

AVERAGE PRICE OF 44 HOMES

$2,732,513

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$2,516,000

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$1,699,250

AVERAGE PRICE OF 8 HOMES WITH A POOL

$1,473,000

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $2,056,270
Avg Bedrooms 4.21 beds
Avg Bathrooms 3.25 baths

Average Price by Bedrooms

1 bedroom $521,666
2 bedrooms $957,999
3 bedrooms $834,550
4 bedrooms $3,328,400
5 bedrooms $2,507,488
Cape May Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 40 28 26 30 42
Average Price $2,066,939 $1,917,067 $1,959,027 $2,880,666 $2,524,396
Avg Price Change +7.82% -2.19% -47.05% +14.11% +0.34%
Median Price $1,651,240 $1,590,092 $1,573,753 $1,813,433 $1,406,770
Med Price Change +3.85% +1.04% -15.23% +28.91% -15.26%
Avg Bedrooms 4.08 beds 4.1 beds 4.32 beds 4.85 beds 4.28 beds
Avg Bathrooms 3.06 baths 3.05 baths 3.24 baths 4.09 baths 3.54 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 44 $2,056,270 241 days
Multi-Million Dollar Homes 29 $2,732,513 190 days
Newly Built Homes 5 $2,516,000 273 days
Homes with a Pool 8 $1,699,250 41 days
Reduced Price Homes 3 $1,473,000 60 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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