Is Cape May Point, NJ 08212 a buyer’s or seller’s market?
Cape May Point is a seller’s market. With about 1.8 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.7%Sold price ÷ list price
Median days on market132Listing to accepted offer
Median price per sq ft$973▼ −19.0% vs. last year
Run the numbers for 08212
Nearby markets
Avalon 08202Seller’s market $1,427 /sq ftCape May 08204Seller’s market $536 /sq ftCape May Court House 08210Seller’s market $283 /sq ftMarmora 08223Seller’s market $272 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology