2010 Cape May County Sales Report, Year to Date September 01

Area

No. of Listings

Dollar Volume

Average Price

Median Price

Average DOM

Listings Sold 2010

799

$438,850,844

$549,250

$399,000

234

SOLD

RESIDENTIAL

Mobile

West Cape May

1

$41,000

$41,000

$41,000

168

Sub Total

1

$41,000

$41,000

$41,000

168

Single Family

Avalon

28

$48,257,666

$1,723,488

$1,437,500

207

Avalon Manor

2

$1,485,000

$742,500

$742,500

97

Cape May

33

$24,781,550

$750,956

$635,000

204

Cape May Point

4

$2,946,500

$736,625

$741,000

216

Diamond Beach

2

$972,000

$486,000

$486,000

353

North Wildwood

26

$8,793,926

$338,228

$310,000

270

Sea Isle City

6

$7,364,225

$1,227,371

$1,222,113

260

Stone Harbor

13

$20,089,000

$1,545,308

$1,475,000

193

Stone Harbor Manor

1

$200,000

$200,000

$200,000

638

Strathmere

2

$2,569,999

$1,285,000

$1,285,000

202

West Cape May

16

$6,856,500

$428,531

$436,000

345

West Wildwood

5

$1,112,000

$222,400

$225,000

354

Wildwood

14

$2,775,500

$198,250

$188,750

256

Wildwood Crest

23

$9,960,000

$433,043

$381,500

198

North Wildwood/Anglesea

3

$1,568,500

$522,833

$353,500

144

Sub Total

178

$139,732,366

$785,013

$486,250

237

QUAD Unit

Cape May

1

$305,000

$305,000

$305,000

112

Sub Total

1

$305,000

$305,000

$305,000

112

LOTS/LAND

Vacant Lot

Avalon

5

$8,495,000

$1,699,000

$750,000

346

North Wildwood

1

$230,000

$230,000

$230,000

622

Stone Harbor

1

$350,000

$350,000

$350,000

722

West Cape May

2

$375,000

$187,500

$187,500

729

West Wildwood

1

$90,000

$90,000

$90,000

131

Wildwood

6

$607,500

$101,250

$67,500

147

North Wildwood/Anglesea

1

$353,500

$353,500

$353,500

468

Sub Total

17

$10,501,000

$617,706

$230,000

354

COMMERCIAL/INDU

Commercial/Indus

Cape May

2

$3,140,000

$1,570,000

$1,570,000

650

North Wildwood

1

$275,000

$275,000

$275,000

189

Wildwood

2

$497,500

$248,750

$248,750

510

Sub Total

5

$3,912,500

$782,500

$260,000

502

Office/Profess

Cape May

1

$1,050,000

$1,050,000

$1,050,000

379

North Wildwood

1

$90,000

$90,000

$90,000

11

Sub Total

2

$1,140,000

$570,000

$570,000

195

Business Oppt

Wildwood

5

$687,500

$137,500

$149,900

399

Sub Total

5

$687,500

$137,500

$149,900

399

Retail

Stone Harbor

1

$1,700,000

$1,700,000

$1,700,000

201

Sub Total

1

$1,700,000

$1,700,000

$1,700,000

201

Bar

North Wildwood

1

$1,400,000

$1,400,000

$1,400,000

201

Sub Total

1

$1,400,000

$1,400,000

$1,400,000

201

Other

Cape May

1

$5,000,000

$5,000,000

$5,000,000

37

Wildwood

1

$397,500

$397,500

$397,500

400

Sub Total

2

$5,397,500

$2,698,750

$2,698,750

219

MULTI-FAMILY

Apartment

Wildwood

1

$600,000

$600,000

$600,000

194

Sub Total

1

$600,000

$600,000

$600,000

194

Apartment

Cape May

1

$557,500

$557,500

$557,500

609

North Wildwood

8

$2,624,500

$328,063

$332,500

157

Sea Isle City

1

$645,000

$645,000

$645,000

293

Stone Harbor

2

$2,525,000

$1,262,500

$1,262,500

980

Wildwood

3

$529,900

$176,633

$230,000

366

Wildwood Crest

6

$2,053,000

$342,167

$321,500

240

Sub Total

21

$8,934,900

$425,471

$325,000

317

Four-Plex

North Wildwood

2

$637,500

$318,750

$318,750

394

Wildwood

5

$1,031,500

$206,300

$200,000

194

Sub Total

7

$1,669,000

$238,429

$237,500

251

Other

Wildwood

1

$397,500

$397,500

$397,500

400

Sub Total

1

$397,500

$397,500

$397,500

400

Triplex

North Wildwood

3

$957,900

$319,300

$325,000

179

Sea Isle City

1

$510,000

$510,000

$510,000

494

Wildwood

1

$115,000

$115,000

$115,000

224

Wildwood Crest

1

$350,000

$350,000

$350,000

119

Sub Total

6

$1,932,900

$322,150

$337,500

229

CONDO/TOWNHOUSE

Condo

Avalon

7

$3,361,500

$480,214

$485,000

268

Cape May

25

$11,686,000

$467,440

$489,000

410

Diamond Beach

9

$4,719,900

$524,433

$480,000

245

North Wildwood

53

$14,265,210

$269,155

$270,000

214

Sea Isle City

24

$9,245,500

$385,229

$392,500

140

Stone Harbor

2

$548,000

$274,000

$274,000

261

Wildwood

44

$8,362,116

$190,048

$210,000

202

Wildwood Crest

78

$28,357,200

$363,554

$378,000

228

North Wildwood/Anglesea

4

$789,000

$197,250

$164,000

151

Sub Total

246

$81,334,426

$330,628

$347,500

231

Townhouse

Avalon

18

$13,740,500

$763,361

$732,000

253

Cape May

2

$1,273,000

$636,500

$636,500

103

Diamond Beach

1

$460,000

$460,000

$460,000

161

North Wildwood

8

$3,427,200

$428,400

$453,850

179

Sea Isle City

60

$44,011,500

$733,525

$685,000

207

Stone Harbor

2

$1,700,000

$850,000

$850,000

165

Stone Harbor Manor

1

$580,000

$580,000

$580,000

62

West Cape May

1

$475,000

$475,000

$475,000

797

Wildwood Crest

8

$3,557,900

$444,738

$425,000

268

North Wildwood/Anglesea

1

$310,000

$310,000

$310,000

318

Sub Total

102

$69,535,100

$681,717

$652,500

220

SOLD COOP BY MEMBER

RESIDENTIAL

Single Family

Avalon

12

$15,964,500

$1,330,375

$1,149,750

313

Cape May

4

$3,490,000

$872,500

$582,500

249

Cape May Point

1

$387,500

$387,500

$387,500

206

North Wildwood

7

$2,277,500

$325,357

$330,000

165

Sea Isle City

4

$3,402,500

$850,625

$875,000

308

Stone Harbor

8

$14,955,000

$1,869,375

$1,850,000

276

Strathmere

1

$840,000

$840,000

$840,000

123

West Cape May

2

$761,500

$380,750

$380,750

150

West Wildwood

1

$210,000

$210,000

$210,000

137

Wildwood

2

$341,000

$170,500

$170,500

173

Wildwood Crest

3

$1,721,500

$573,833

$474,000

71

Sub Total

45

$44,351,000

$985,578

$820,000

237

LOTS/LAND

Vacant Lot

Sea Isle City

1

$650,000

$650,000

$650,000

77

Stone Harbor

1

$2,600,000

$2,600,000

$2,600,000

22

West Cape May

1

$140,000

$140,000

$140,000

36

Wildwood

1

$54,450

$54,450

$54,450

37

Sub Total

4

$3,444,450

$861,113

$395,000

43

MULTI-FAMILY

Duplex

North Wildwood

1

$385,000

$385,000

$385,000

75

Stone Harbor

1

$578,500

$578,500

$578,500

733

Wildwood Crest

2

$602,500

$301,250

$301,250

203

Sub Total

4

$1,566,000

$391,500

$367,500

303

Four-Plex

Wildwood

1

$193,000

$193,000

$193,000

311

Sub Total

1

$193,000

$193,000

$193,000

311

Triplex

Wildwood

1

$298,500

$298,500

$298,500

167

Wildwood Crest

1

$575,000

$575,000

$575,000

362

Sub Total

2

$873,500

$436,750

$436,750

265

CONDO/TOWNHOU

SE

Condo

Avalon

6

$2,900,000

$483,333

$450,000

205

Cape May

3

$1,262,900

$420,967

$317,900

289

Diamond Beach

2

$842,600

$421,300

$421,300

122

North Wildwood

25

$8,250,400

$330,016

$334,900

211

Sea Isle City

8

$5,905,000

$738,125

$540,000

143

Stone Harbor

1

$700,000

$700,000

$700,000

126

Wildwood

24

$4,866,100

$202,754

$202,000

272

Wildwood Crest

19

$5,764,152

$303,376

$318,000

195

North Wildwood/Anglesea

2

$640,000

$320,000

$320,000

198

Sub Total

90

$31,131,152

$345,902

$307,000

217

Townhouse

Avalon

6

$4,224,500

$704,083

$645,500

173

Cape May

1

$960,000

$960,000

$960,000

540

Diamond Beach

1

$380,000

$380,000

$380,000

65

North Wildwood

3

$1,417,000

$472,333

$390,000

129

Sea Isle City

15

$9,235,950

$615,730

$600,000

210

Stone Harbor

1

$546,500

$546,500

$546,500

164

Wildwood

4

$932,000

$233,000

$231,500

95

Wildwood Crest

6

$2,683,000

$447,167

$423,000

175

Sub Total

37

$20,378,950

$550,782

$550,000

183

SOLD NON MEMBER

RESIDENTIAL

Single Family

Cape May

1

$480,000

$480,000

$480,000

217

North Wildwood

1

$375,000

$375,000

$375,000

134

Sea Isle City

1

$415,000

$415,000

$415,000

204

Strathmere

1

$386,100

$386,100

$386,100

36

West Wildwood

1

$263,000

$263,000

$263,000

161

Wildwood

1

$300,000

$300,000

$300,000

275

Sub Total

6

$2,219,100

$369,850

$380,550

171

MULTI-FAMILY

Triplex

Wildwood Crest

1

$395,000

$395,000

$395,000

224

Sub Total

1

$395,000

$395,000

$395,000

224

CONDO/TOWNHO

USE

Condo

Diamond Beach

1

$747,500

$747,500

$747,500

422

North Wildwood

4

$1,156,500

$289,125

$295,750

176

Sea Isle City

1

$432,000

$432,000

$432,000

82

Wildwood

1

$225,000

$225,000

$225,000

67

Wildwood Crest

2

$704,000

$352,000

$352,000

179

Sub Total

9

$3,265,000

$362,778

$325,000

181

Townhouse

Sea Isle City

3

$1,813,000

$604,333

$615,000

213