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Margate Home Values and Market Report

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Report prepared by Buyandsellocnj.com The Selby Realty Group

Market at a glance

Over the last 6 months, homes sold for 95.9% of list price in 59 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.26M Sold · $1.21M
$2.2M$1.8M$1.4M$1M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 23 sales in Sep. Last month: 16.

Where the market stands

All homes in this report, by status.

186homes
Active73 · 39%
Sold (6 mo)113 · 61%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$2.24M
Sold$1.5M

Average days on market

Active103 days
Sold59 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 73
Average list price $2,240,497
Avg. days on market 103 days
Avg. price per ft² $833 Based on 37 of 73 homes
Avg. living area 2,200 ft² Based on 37 of 73 homes
Avg. beds / baths 3.6 / 3.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

36 homes didn’t report living area and aren’t shown.

$9M$6M$3M$0

Price vs. living area: 37 homes plotted, up to $9M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

5 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

15 S Cedargrove Ave$1,427
103 S Andover Ave$1,378
1 S Hanover$1,258
8701 Amherst Ave$1,222
9104 Winchester Ave$1,161
108 N Kenyon Ave$1,070
7701 Atlantic Ave Unit #25A$1,039

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
18 N Quincy AveMargate, NJ 08402 55—$4,499,000—0 days
9104 Winchester AveMargate, NJ 08402 331,507$1,750,000$1,1610 days
310 N Clarendon AveMargate, NJ 08402 321,232$999,000$8103 days
9300 Atlantic #209 Ave Unit #209Margate, NJ 08402 11600$450,000$7504 days
102 S Essex AveMargate, NJ 08402 55—$4,449,000—4 days
5 Exeter CtMargate, NJ 08402 33—$965,000—6 days
9612 Monmouth AveMargate, NJ 08402 553,123$2,700,000$8647 days
9200-9202 Ventnor AveMargate, NJ 08402 ———$2,145,000—9 days
116-A N Wilson Ave Unit #AMargate, NJ 08402 21846$599,000$70815 days
306 N Lancaster AveMargate, NJ 08402 432,278$1,699,000$74516 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Real Estate listings held by brokerage firms other than The Selby Realty Group are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers.

Information is deemed accurate but not guaranteed.

Copyright 2019 South Jersey Shore Regional Multiple Listing Service.

All rights reserved.