The May 2024 real estate analysis for Cape May County, New Jersey, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.
The report shows that the Median Sale Price in Cape May County reached $555,000 as of May 2024, marking a decrease of 15.3% over the previous month and a 0.5% rise compared to a year ago.
Sales of homes in the region saw 101 home changing hands. This represents an increase of 11.0% from the month before and down 29.4% compared to the same month last year.
Homes remained on the market for a median of 36 days, which is down 31 day from the month before and down 11 day from the previous year.
The Market Pulse Score for Cape May County is presently at 101, signaling an upward 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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