
Jersey Cape Realty, Inc.
3rd 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.

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