What the Pros Know
105
MyMarketPulse Score
102 Price
108 Volume
8/2024UPDATES IN YOUR INBOX
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94,610
Population
0.8% YoY
202348.9
Median Age
3% YoY
2022$83,870
Median Household Income
10% YoY
202258,669
Labor Force
9% MoM
3.8% YoY
7/202455,635
Employed
9.1% MoM
4.5% YoY
7/20245.2%
Unemployment Rate
1.9% MoM
15.6% YoY
7/2024$612,500
Median Sale Price
0.6% MoM
22.5% YoY
8/2024118
Homes Sold
34.1% MoM
10.3% YoY
8/20243.6
Months Inventory
26.9% MoM
11.8% YoY
8/202445
Days on Market
2 MoM
2 YoY
8/2024423
Listings
1.0% MoM
19.5% YoY
8/202497.8%
Sale Price to List Price
0.7% MoM
0.7% YoY
8/2024Cities included in Cape May County: Ocean City, Villas, Cape May Court House, Wildwood, North Cape May, North Wildwood, Rio Grande, Wildwood Crest, Cape May, Palermo, Seaville, Marmora, Whitesboro, Woodbine, Sea Isle City, Erma, South Dennis, Avalon, Beesleys Point, West Cape May, Stone Harbor, Dennisville, South Seaville, Ocean View, Belleplain, West Wildwood, Burleigh, Tuckahoe, Goshen, Diamond Beach, Marshallville, Strathmere, Cape May Point
1. Population Data from U.S. Census Bureau.
2. Employment Data from Bureau of Labor and Statistics
3. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.