If you need assistance, please call 609-967-9600

Cape May Market Report

$1,752,679

AVERAGE PRICE OF 57 HOMES

$2,253,228

AVERAGE PRICE OF 39 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

$2,637,000

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $1,752,679
Avg Bedrooms 3.6 beds
Avg Bathrooms 2.64 baths

Average Price by Bedrooms

1 bedroom $575,000
2 bedrooms $726,850
3 bedrooms $1,405,264
4 bedrooms $2,324,333
5 bedrooms $2,502,460
Cape May Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 63 64 68 n/a n/a
Average Price $1,691,386 $1,615,197 $1,592,350 n/a n/a
Avg Price Change +4.72% +1.43% n/a n/a n/a
Median Price $1,542,833 $1,508,367 $1,584,000 n/a n/a
Med Price Change +2.28% -5.01% n/a n/a n/a
Avg Bedrooms 3.53 beds 3.44 beds 3.53 beds n/a n/a
Avg Bathrooms 2.54 baths 2.46 baths 2.49 baths n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 57 $1,752,679 157 days
Multi-Million Dollar Homes 39 $2,253,228 163 days
Newly Built Homes 9 $2,385,778 153 days
Homes with a Pool 9 $2,041,433 106 days
Reduced Price Homes 2 $2,637,000 108 days
Compass
Michael Crovo
264 21st Street
Avalon, NJ 08202
609-967-9600

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.
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