With December's numbers now released, we can see the full picture of 2021 vs 2020. It was a banner year for Shore real estate. How did your favorite town do? Read More >
These reports show home sales statistics for the area of Ocean City down to Cape May during the month of July. What's the market doing in your favorite Shore town? August's statistics will be out at the end of Sept
The real estate market continues to be red hot at the Jersey Shore, with total Days On Market for Cape May County continuing to be well below historical averages. This means properties are going under contract much more .. Read More >
The March reports show that the Shore market continues to be dominated by high buyer demand spurred by low interest rates, and low inventory. Months of Supply, the hallmark stat for determining inventory, continues to sh .. Read More >
With January's market reports, we can see the first set of statistics for 2021. And, no surprise: the hot real estate market is showing no signs of slowing down. Inventory and interest rates are near historic lows, which should keep the market moving at a s .. Read More >
For the last report of 2020, December continued along the same path: increasing home prices, decreasing days spent on market, and strong buyer demand from low interest rates. Homes are selling consistently up to 50% more quickly than they did in recent years. Shore towns are showing mont .. Read More >
Home prices typically decline when economic activity constricts—but not in 2020. The economic downturn resulting from the COVID-19 pandemic has coincided with a booming housing market. In the first 11 months of 2020, average sold prices have risen fo .. Read More >
Overall, home prices at the Jersey Shore continue to climb. Year over year increases can be seen for single family homes as well as condominiums and town homes. Low inventory and low interest rates and creating substantial buying activity making this a great time to buy and sell a jersey shore home. .. Read More >
October's numbers are now official, and the main trend of 2019 continues on: low inventory and strong sales. The market is continuing to present excellent opportunities for both sellers and buyers, especially with average interest rates at just 3.66%!
6 months supply of inventory is considere .. Read More >
With September's stats now in the books, we can expect a strong finish to the year for the Jersey Shore real estate market. Prices are continuing to increase in most areas, and inventory remains low for most types of properties. Months of supply for North Wildwood and Sea I .. Read More >
The Shore real estate market continues its strong track. Two trends continued through August, as we've seen for many months: prices are increasing almost across the board, and inventory continues to be limited. If you're waiting for prices to decrease significantly, you may .. Read More >
Home prices at the Jersey Shore continue to climb. Most communities are showing double digit home prices over a year ago.Sea Isle saw the biggest jump with single family home prices up 236% year to date! Ho .. Read More >
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