MyMarketPulse (mymarketpulse.com) just released its analysis of the November 2024 market data for Cape May County, New Jersey.

The Median Sale Price for properties in Cape May County was documented at $700,000 for November 2024. This price point is an upward move of 2.9% from the previous month and shows a 37.3% rise from the year before.

The area witnessed the sale of 91 home during this period, which is a 34.5% decrease from the preceding month and a decrease of 2.2% compared to the same timeframe last year.

The median time homes spent on the market was 54 days, which is up 12 days compared to last month and an increase of 14 days over the previous year.

The Market Pulse Score for Cape May County comes in at 114, pointing to a rising trend within the local real estate market.

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.

MyMarketPulse – What the Pros Know

MyMarketPulse (mymarketpulse.com) just released its analysis of the November 2024 market data for Cape May County, New Jersey.

November 2024’s data reveals a Median Sale Price of $700,000 for homes in Cape May County. This figure represents a growth of 2.9% month-over-month and a 37.3% year-over-year decrease.

Sales of homes in the region saw 91 home changing hands. This represents a decline of 34.5% from the month before and down 2.2% compared to the same month last year.

The Median Days on Market for homes in Cape May County stood at 54 days, which is an increase of 12 days days over the previous month and up by 14 days day from the previous year.

The Market Pulse Score for Cape May County comes in at 114, pointing to a rising trend within the local real estate market.

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.

MyMarketPulse – What the Pros Know