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Cape May, 08204 Market Trends

Today, November 12, 2009

Median Sales Price in 08204

Embed Info
1 yr 5 yr Max
08204, Cape May median sales prices
Number of sold homes in 08204, Cape May
LocationAug - Oct '09y-o-y3 months prior1 year prior5 years prior
08204$245,000-18.3%$295,000$300,000$266,000
Cape May$347,000-8.7%$328,450$380,000$349,000
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Cape May, 08204 Summary

The median sales price for homes in ZIP code 08204 for Aug 09 to Oct 09 was $245,000. This represents a decline of 16.9%, or $50,000, compared to the prior quarter and a decrease of 18.3% compared to the prior year. Sales prices have depreciated 7.9% over the last 5 years in 08204, Cape May.

Average listing price for homes on Trulia in ZIP code 08204 was $768,160 for the week ending Nov 04, which represents an increase of 1.2%, or $8,898 compared to the prior week and an increase of 0.3%, or $2,636, compared to the week ending Oct 14. Average price per square foot for homes in 08204 was $244 in the most recent quarter.

 

Average Listing Price in 08204

Embed Info
1 yr 5 yr Max
08204, Cape May average property price
08204, Cape May – number of properties
LocationWeek ending
Nov 4
w-o-wWeek ending
Oct 28
Week ending
Oct 21
Week ending
Oct 14
08204$768,160+1.2%$759,262$758,254$765,524
Cape May$864,026+1.9%$847,732$849,441$849,993
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Average Price Per Sqft for Homes in 08204

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1 yr 5 yr Max
08204, Cape May average price per square foot
LocationAug - Oct '09y-o-y3 months prior1 year prior5 years prior
08204$244-7.9%$341$265$185
Cape May$267-1.5%$354$271$183
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Popular Zips in Cape May

Zips Week ending
Nov 4
w-o-w Week ending
Oct 28
Week ending
Oct 21
08204 1 — 1 1
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Homes for Sale in 08204

423 Second Avenue, West Cape May NJ
423 Second…
$449,000
3 br  1 ba
796 Cox Lane, Cape May NJ
796 Cox Ln,…
$375,000
5 br  3 ½ ba
110 Delair Road, Cape May NJ
110 Delair…
$239,900
2 br  2 ba
31 First Avenue, Cape May NJ
31 First A…
$1,450,000
7 br  3 ½ ba
1204 New York Avenue, Cape May NJ
1204 New Y…
$989,000
7 br  3 ba
206 East Vineyard Court, Cape May NJ
206 E Vine…
$339,000
2 br  2 ba
View all 08204 Homes for Sale
 
Stats & Trends
08204, Cape May

Real Estate Overview

Market Trends

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Community Info

Cape May

Real Estate Overview

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Nearby Cities

Cities
Median
sales price
Average
listing price
North Cape May
$207,500
$297,491
West Cape May
$396,000
$602,054
Cape May Point
$850,000
$1,144,645
Villas
$183,000
$253,179
Del Haven
$171,100
$257,359
Rio Grande
$223,433
$269,710
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Recent Q&A in Cape May, NJ

Q: I am looking to buy in Cape May, The house is selling for $350,000. We made an offer of $310,000 and 317,000. The seller has come down from 350,000 3 answers
Q: what is the neighborhood around Teal Avenue like in Cape May NJ 08204? 3 answers
Q: What is the best area for a non-transient family home in the Cape May area? Cape May? Cape May Courthouse? 3 answers
Q: how can I list my home for sale on trulia? 1 answer
Q: We're looking for ocean front property in Cape May. Unfortunately, our view of the market value and the 27 answers

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Nearby Cities Real Estate

  • North Cape May Real Estate
  • West Cape May Real Estate
  • Cape May Point Real Estate
  • Villas Real Estate
  • Del Haven Real Estate
  • Rio Grande Real Estate

Nearby Cities Sold Homes

  • North Cape May Sold Homes
  • West Cape May Sold Homes
  • Cape May Point Sold Homes
  • Villas Sold Homes
  • Del Haven Sold Homes
  • Rio Grande Sold Homes

Nearby Cities Home Prices

  • North Cape May Home Prices
  • West Cape May Home Prices
  • Cape May Point Home Prices
  • Villas Home Prices
  • Del Haven Home Prices
  • Rio Grande Home Prices

08204 Stats & Trends

  • 08204 Real Estate Overview
  • Cape May Schools
  • Cape May Community Info
  • Cape May Home Prices
  • 08204 Real Estate
  • 08204 Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Cape May real estate market. Find Cape May properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Cape May average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Cape May housing statistics are available for each Cape May, NJ neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.