Cape May Market Trends


Median Sales Price in Cape May

 

1 yr 5 yr Max
Cape May median sales prices
Number of sold homes in Cape May
No. Bedrooms Aug - Nov '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms - - - - -
3 bedrooms - - - - -
4 bedrooms - - - - -
All properties $205,000 -20.5% $280,000 $258,000 $244,250
Want to know more about in Cape May? Ask local experts

Summary for Cape May


The median sales price for homes in Cape May NJ for Aug 14 to Nov 14 was $205,000. This represents a decline of 26.8%, or $75,000, compared to the prior quarter and a decrease of 20.5% compared to the prior year. Sales prices have depreciated 16.1% over the last 5 years in Cape May. The average listing price for Cape May homes for sale on Trulia was $604,624 for the week ending Nov 12, which represents an increase of 2%, or $11,578, compared to the prior week and a decline of 2.7%, or $16,767, compared to the week ending Oct 22. Average price per square foot for Cape May NJ was $219, a decrease of 12% compared to the same period last year.

Average Listing Price in Cape May

 

Cape May average property price
Cape May – number of properties
No. Bedrooms Week ending
Nov 12
w-o-w Week ending
Nov 5
Week ending
Oct 29
Week ending
Oct 22
1 bedroom $257,835 +0.1% $257,505 $252,680 $259,173
2 bedrooms $395,032 +3.0% $383,365 $389,935 $383,206
3 bedrooms $447,513 +2.7% $435,717 $447,929 $443,632
4 bedrooms $778,576 -3.1% $803,814 $805,770 $791,269
All properties $604,624 +2.0% $593,046 $602,777 $621,391
Want to know more about in Cape May? Ask local experts

Average Price Per Sqft. for Homes in Cape May

 

1 yr 5 yr Max
Cape May average price per square foot
No. Bedrooms Aug - Nov '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms - - - - -
3 bedrooms - - - - -
4 bedrooms - - - - -
All properties $219 -12.0% $280 $249 $260
Want to know more about in Cape May? Ask local experts

Popular Zips in Cape May


Zips Week ending
Nov 12
w-o-w Week ending
Nov 5
Week ending
Oct 29
08204 1 1 1
Homes for Sale in Cape May
View all Cape May Homes for Sale