January 26, 2024 – MyMarketPulse (mymarketpulse.com) just released its analysis of the December 2023 market data for Cape May County, New Jersey.
As of 12/2023, Cape May County had a Median Sale Price of $572,500, which was up 12.3% from the previous month and up 19.3% from the prior year.
90 homes were sold, a decrease 1.1% from the previous month and a decrease of 21.7% from the prior year.
The Median Days on Market was 39 days, down 1 days from the previous month and down 28 days from the prior year.
Cape May County’s Market Pulse Score currently stands at 94 indicating a falling trend for the 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.
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