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| JULY 2025 | |||
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| Units Sold 260 |
Active Inventory 2,527 |
Median Sale Price $385,000 |
Days On Market 51 |
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| Up 4% Vs. Year Ago |
Up 17% Vs. Year Ago |
Up 18% Vs. Year Ago |
Up 38% Vs. Year Ago |
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Units Sold
The number of units sold remained stable in July, with 260 sold this month in Atlantic County Real Estate. This month's total units sold was higher than at this time last year, an increase of 3% versus July 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 365 units or 17%. The total number of active inventory this July was 2,527 compared to 2,162 in July 2024. This month's total of 2,527 is higher than the previous month's total supply of available inventory of 2,470, an increase of 2%. |
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Median Sale Price
Last July, the median sale price for Atlantic County Homes was $327,000. This July, the median sale price was $385,000, an increase of 18% or $58,000 compared to last year. The current median sold price is 7% lower than in June. 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 472 |
Current Contracts 274 |
Sold Vs. List Price 97.6% |
Months of Supply 9.7 |
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| Up 3% Vs. Year Ago |
Down -4% Vs. Year Ago |
No Change Vs. Year Ago |
Up 13% Vs. Year Ago |
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Months of Supply
In July, there was 9.7 months of supply available in Atlantic County, compared to 8.6 in July 2024. That is an increase of 13% 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 472 homes newly listed for sale in Atlantic County compared to 460 in July 2024, an increase of 3%. There were 274 current contracts pending sale this July compared to 284 a year ago. The number of current contracts is 4% lower than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Atlantic County was 97.6% 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 51, higher than the average last year, which was 37, an increase of 38%. | |||
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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. |
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