Tag: Cape May County MLS

Spring 2025: Cape May County Real Estate is Blooming!

As spring arrives, Cape May County's real estate market is showing signs of growth, making it an ideal time for potential homeowners and investors. From the coastal charm to new beginnings, here’s why buying a home here this spring is a great opportunity.

Cape May: A Growing Destination

Cape May, known for its Victorian architecture and beautiful beaches, has seen a 14.5% increase in median home prices, reaching $750,000 as of February 2025. With properties typically staying on the market for just 41 days, spring is a prime time for buyers to find their dream home before summer.

Lower Township: Affordable Homes with Great Value

Lower Township offers more affordable homes with a median price of $480,066, a 13.6% increase from the previous year. These areas offer great value and closeness to the shore, making it an attractive option for those looking for a coastal home at a lower price point.

Cape May County: A Region on the Rise

Cape May County’s real estate market continues to grow, with average home values up by 5.2% to $712,423. Homes are typically under contract in 44 days, and spring brings a boost in local activity, making it the perfect time to buy.

Why Spring is the Ideal Time to Buy

Improved Weather: Mild spring weather makes house tours more enjoyable, and the area's natural beauty is in full bloom.
Increased Inventory: More homes are listed in the spring time, giving buyers more choices with a steady supply of about 3.6 months.
Pre-Summer Preparation: Buying in spring lets you move in before the busy summer season and enjoy the full Cape May experience.
Attractive Outdoor Living: Homes' outdoor spaces shine in spring, offering buyers a chance to envision their new lifestyle.

A Healthy, Active Market

The market remains active, with homes going under contract in 44 days. Despite rising prices, the market is stable, and mortgage rates have started to steady, offering more opportunities for buyers.

A Fresh Start in Cape May County

Spring 2025 is a great time to explore Cape May County’s real estate market. With beautiful weather, and more inventory, it's the perfect season to invest in your coastal dream home. Whether you prefer the historic charm of Cape May or the calm beauty of Lower Township, there’s no better time to start fresh this spring!

SOLD In-house

915 Columbia Avenue, Cape May, NJ 08204

Sold price: $1,200,000

This lovely, 5 bedroom 3.5 bathroom home located just outside the historic district of downtown Cape May has new ownership! The new owners have fallen in love with the proximity to everything Cape May offers, the granite counters in the kitchen, the large, spacious three-season porch off the back, hardwood flooring throughout and so much more. The property has a narrow but deep 38×266 Irregular lot – with enough ground space to add an in-ground pool! The home is now going to serve as a weekly rental, so be sure to keep your eyes on the rental market for this Cape May gem.

Craig Needles had represented the sellers while Janice Conwell and Annie Mullock had represented the buyers in this dual-disclosure transaction. For more information on the sale, or if you’re interested in listing or selling, give us a call today at 609-884-1888!