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| MAY 2025 | |||
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| Zip Code(s): 08260 | |||
| Units Sold 71 |
Active Inventory 333 |
Median Sale Price $585,000 |
Days On Market 84 |
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| Up 9% Vs. Year Ago |
Up 33% Vs. Year Ago |
Up 22% Vs. Year Ago |
No Change Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 71 sold this month in Wildwood Real Estate versus 60 last month, an increase of 18%. This month's total units sold was higher than at this time last year, an increase of 9% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 82 units or 33%. The total number of active inventory this May was 333 compared to 251 in May 2024. This month's total of 333 is higher than the previous month's total supply of available inventory of 317, an increase of 5%. |
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Median Sale Price
Last May, the median sale price for Wildwood Homes was $480,000. This May, the median sale price was $585,000, an increase of 22% or $105,000 compared to last year. The current median sold price is 2% lower than in April. 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 82 |
Current Contracts 44 |
Sold Vs. List Price 97.9% |
Months of Supply 4.7 |
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| Up 15% Vs. Year Ago |
Down -21% Vs. Year Ago |
No Change Vs. Year Ago |
Up 22% Vs. Year Ago |
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Months of Supply
In May, there was 4.7 months of supply available in Wildwood, compared to 3.9 in May 2024. That is an increase of 21% 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 82 homes newly listed for sale in Wildwood compared to 71 in May 2024, an increase of 15%. There were 44 current contracts pending sale this May compared to 56 a year ago. The number of current contracts is 21% lower than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Wildwood was 97.9% 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 84, which is similar compared to a year ago. | |||
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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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