The Long & Foster Market Minute

FOCUS ON: ATLANTIC COUNTY HOUSING MARKET JUNE 2025

Units Sold
240
Active Inventory
2,459
Median Sale Price
$408,500
Days On Market
46
Down -13%
Vs. Year Ago
Up 17%
Vs. Year Ago
Up 17%
Vs. Year Ago
Up 7%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 240 sold this month in Atlantic County Real Estate versus 310 last month, a decrease of 23%. This month's total units sold was lower than at this time last year, a decrease of 13% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 349 units or 17%. The total number of active inventory this June was 2459 compared to 2,110 in June 2024. This month's supply remained stable as compared to last month.

Median Sale Price
Last June, the median sale price for Atlantic County Homes was $349,900. This June, the median sale price was $408,500, an increase of 17% or $58,600 compared to last year. The current median sold price is 8% higher than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
445
Current Contracts
303
Sold Vs. List Price
96.6%
Months of Supply
10.2
Up 13%
Vs. Year Ago
Up 14%
Vs. Year Ago
Down -0.7%
Vs. Year Ago
Up 34%
Vs. Year Ago

Months of Supply
In June, there was 10.2 months of supply available in Atlantic County, compared to 7.7 in June 2024. That is an increase of 34% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 445 homes newly listed for sale in Atlantic County compared to 394 in June 2024, an increase of 13%. There were 303 current contracts pending sale this June compared to 265 a year ago. The number of current contracts is 14% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Atlantic County was 96.6% of the average list price, which is 0.7% lower than at this time last year.

Days on Market
This month, the average number of days on market was 46, higher than the average last year, which was 43, an increase of 7%.

The Long & Foster Market Minute
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by SJSMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of SJSMLS or Long & Foster Real Estate, Inc.