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

Cape May Market Report

$1,153,797

AVERAGE PRICE OF 38 HOMES

$1,945,467

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$800,153

AVERAGE PRICE OF 13 HOMES WITH A POOL

$995,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $1,153,797
Avg Bedrooms 4.48 beds
Avg Bathrooms 2.93 baths

Average Price by Bedrooms

1 bedroom $302,014
2 bedrooms $587,000
3 bedrooms $985,633
4 bedrooms $934,299
5 bedrooms $1,456,567
Cape May Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 45 56 61 62 62
Average Price $927,115 $916,790 $966,095 $1,032,204 $1,085,638
Avg Price Change +1.13% -5.38% -6.84% -5.18% -0.07%
Median Price $855,555 $772,416 $764,367 $780,364 $854,164
Med Price Change +10.76% +1.05% -2.09% -9.46% -5.93%
Avg Bedrooms 3.79 beds 3.52 beds 3.59 beds 3.64 beds 4.28 beds
Avg Bathrooms 2.37 baths 2.17 baths 2.18 baths 2.38 baths 3 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 38 $1,153,797 104 days
Multi-Million Dollar Homes 15 $1,945,467 41 days
Homes with a Pool 13 $800,153 210 days
Reduced Price Homes 1 $995,000 42 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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