In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Cape May County, New Jersey.
For August 2024, the data showcases a Median Sale Price of $612,500 in Cape May County, a drop of 0.6% from the last month and an increase 22.5% from the same period the previous year.
During this period, 118 homes were sold in the area, reflecting an increase 34.1% compared to the month beforeand and an increase of 10.3% from the same month in the previous year.
The Median Days on Market was 45 days, up 2 days from the previous month and up 2 days from the prior year.
With a Market Pulse Score of 105, the analysis suggests a rising trend in Cape May County’s housing market momentum.
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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