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| MARCH 2025 | |||
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| Zip Code(s): 08260 | |||
| Units Sold 55 |
Active Inventory 320 |
Median Sale Price $460,000 |
Days On Market 124 |
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| Down -29% Vs. Year Ago |
Up 24% Vs. Year Ago |
Down -16% Vs. Year Ago |
Down -13% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in March, with 55 sold this month in Wildwood Real Estate. This month's total units sold was lower than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 62 units or 24%. The total number of active inventory this March was 320 compared to 258 in March 2024. This month's total of 320 is higher than the previous month's total supply of available inventory of 312, an increase of 3%. |
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Median Sale Price
Last March, the median sale price for Wildwood Homes was $549,900. This March, the median sale price was $460,000, a decrease of 16% or $89,900 compared to last year. The current median sold price is 23% lower than in February. 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 84 |
Current Contracts 64 |
Sold Vs. List Price 95.5% |
Months of Supply 5.8 |
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| Up 6% Vs. Year Ago |
Up 2% Vs. Year Ago |
Down -3% Vs. Year Ago |
Up 74% Vs. Year Ago |
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Months of Supply
In March, there was 5.8 months of supply available in Wildwood, compared to 3.4 in March 2024. That is an increase of 74% 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 84 homes newly listed for sale in Wildwood compared to 79 in March 2024, an increase of 6%. There were 64 current contracts pending sale this March compared to 63 a year ago. The number of current contracts is 2% higher than last March. |
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Sale Price to List Price Ratio
In March, the average sale price in Wildwood was 95.5% of the average list price, which is 3.0% lower than at this time last year. Days on Market
This month, the average number of days on market was 124, lower than the average last year, which was 142, a decrease of 13%. | |||
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Wildwood are defined as properties listed in zip code/s 08260. | ||
| *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 CMCAOR 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 CMCAOR or Long & Foster Real Estate, Inc. |
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