What the Pros Know
101
MyMarketPulse Score
104 Price
97 Volume
5/2024UPDATES 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
202248,833
Labor Force
4.3% MoM
9.5% YoY
4/202445,056
Employed
7.3% MoM
8.2% YoY
4/20247.7%
Unemployment Rate
25.2% MoM
14.9% YoY
4/2024$555,000
Median Sale Price
15.3% MoM
0.5% YoY
5/2024101
Homes Sold
11.0% MoM
29.4% YoY
5/20244.0
Months Inventory
1.4% MoM
64.9% YoY
5/202436
Days on Market
31 MoM
11 YoY
5/2024403
Listings
12.6% MoM
14.2% YoY
5/202497.4%
Sale Price to List Price
0.6% MoM
0.6% YoY
5/2024Cities 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.