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FOCUS ON: ATLANTIC COUNTY HOUSING MARKET |
AUGUST 2025 |
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Units Sold
224 |
Active Inventory
2,553 |
Median Sale Price
$387,750 |
Days On Market
44 |
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Down -17%
Vs. Year Ago |
Up 15%
Vs. Year Ago |
Up 8%
Vs. Year Ago |
Down -8%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 224 sold this month in Atlantic County Real Estate versus 281 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 17% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 342 units or 15%. The total number of active inventory this August was 2,553 compared to 2,211 in August 2024. This month's total of 2,553 is higher than the previous month's total supply of available inventory of 2,530, an increase of 1%.
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Median Sale Price
Last August, the median sale price for Atlantic County Homes was $357,550. This August, the median sale price was $387,750, an increase of 8% or $30,200 compared to last year. The current median sold price is 2% higher than in July.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
453 |
Current Contracts
316 |
Sold Vs. List Price
96.8% |
Months of Supply
11.4 |
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Up 2%
Vs. Year Ago |
Up 14%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 39%
Vs. Year Ago |
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Months of Supply
In August, there was 11.4 months of supply available in Atlantic County, compared to 8.2 in August 2024. That is an increase of 39% 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.
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New Listings & Current Contracts
This month there were 453 homes newly listed for sale in Atlantic County compared to 445 in August 2024, an increase of 2%. There were 316 current contracts pending sale this August compared to 276 a year ago. The number of current contracts is 14% higher than last August.
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Sale Price to List Price Ratio
In August, the average sale price in Atlantic County was 96.8% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 44, lower than the average last year, which was 48, a decrease of 8%.
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*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. |
Information 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. |