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The DiPeso Group - Avalon New Jersey

Home Price Growth Is Returning To Normal

Posted: October 20th 2023

Some Highlights

  • If you're wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.  
  • Based on typical seasonality in the market, prices go up most in the spring during the peak buying season, and then price growth slows down as the year goes on.
  • Home prices aren’t falling. They’re just rising slower and going back to normal seasonal trends. That’s a good thing. If you're curious about prices in Cape May County, reach out to me today and put my 25 years experience to work for you!

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