Market report, updated

Market Report

Search in the city of Somers Point

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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 97.6% of list price in 48 days on average.

Average price, last 12 months

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

List · $511K Sold · $503K
$750K$640K$530K$420K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 20 sales in Jun. Last month: 13.

Where the market stands

All homes in this report, by status.

155homes
Active63 · 41%
Sold (6 mo)92 · 59%

Buyer's or seller's market?

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

4.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$1.13M
Sold$539K

Average days on market

Active116 days
Sold48 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 63
Average list price $1,127,553
Avg. days on market 116 days
Avg. price per ft² $434 Based on 33 of 63 homes
Avg. living area 2,537 ft² Based on 33 of 63 homes
Avg. beds / baths 3.1 / 2.5

Price vs. living area

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

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

$15M$10M$5M$0

Price vs. living area: 33 homes plotted, up to $15M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

38 Broadway$1,153
1002 Spruce Street$912
127 Higbee Ave$867
24 Miller Ln$737
536 Sunset Ave$695
1002 Pleasant Ave$610
1014 Pleasant Ave$599

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
100 Colwick DrSomers Point, NJ 08244 42—$485,000—0 days
580 Mays Landing Road Unit #103Somers Point, NJ 08244 11—$339,000—1 day
20 E ConnecticutSomers Point, NJ 08244 21—$405,000—1 day
75 Windjammer Dr Unit #75Somers Point, NJ 08244 222,003$472,500$2353 days
113 SouthPointe Unit #113Somers Point, NJ 08244 321,576$899,900$5713 days
718 Bay AvenueSomers Point, NJ 08234 ———$149,000—4 days
98 New RoadSomers Point, NJ 08244 ———$23—7 days
98 New RoadSomers Point, NJ 08244 ———$699,999—7 days
125 E PiersonSomers Point, NJ 08244 32—$598,900—7 days
802 Harbour Cv Unit #802Somers Point, NJ 08224 11900$385,000$4278 days
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Questions about this market?

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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.