Jersey Cape Realty, Inc.

3^rd Quarter, 2011, Cape Island Real Estate Stats

Cape May:

Average sold price – Residential (12 sold)    $718,333

Average Days on Market        269      Sold Price/Original Price         83%

Average sold price – Condos (5 sold)            $418,500

Average Days on Market        271      Sold Price/Original Price         88%

Average sold price – Multi-Family (1 sold)  $539,000

Average Days on Market        678      Sold Price/Original Price         54%

(No Lots sold)

West Cape May:

Average sold price – Lots (1 sold)                 $300,000

Average Days on Market        483      Sold Price/Original Price         67%

Average sold price – Residential (5 sold)      $420,400

Average Days on Market        350      Sold Price/Original Price         85%

(No Condos sold)

(No Multi-Family sold)

Cape May Point:

Average sold price – Lots (1 sold)                 $300,000

Average Days on Market        514      Sold Price/Original Price         55%

Average sold price – Residential (3 sold)      $625,000

Average Days on Market        312      Sold Price/Original Price         80%

Average sold price – Multi-Family (1 sold)  $600,000

Average Days on Market        192      Sold Price/Original Price         82%

(No Condos sold)

Jersey Cape Realty Percentage of Sold Price/Original Sale Price 95%

Statistics gathered from data provided in the Cape May County Multiple Listing Service; sales outside of this service are not included.