MyMarketPulse (mymarketpulse.com) just released its analysis of the April 2024 market data for Cape May County, New Jersey.
April 2024’s data reveals a Median Sale Price of $655,000 for homes in Cape May County. This figure represents a growth of 13.1% month-over-month and a 47.2% year-over-year decrease.
The region reported 89 home sales, marking a reduction of 13.6% from the prior month, and 22.6% decrease year-over-year.
Homes remained on the market for a median of 67 days, which is up 21 day from the month before and up 14 days from the previous year.
The Market Pulse Score for Cape May County is presently at 96, signaling a downward trajectory in the market’s activity.
For more information about the Cape May County, New Jersey market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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