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Margate Market Report

$879,768

AVERAGE PRICE OF 286 HOMES

$437,774

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,024,638

AVERAGE PRICE OF 68 MULTI-MILLION DOLLAR HOMES

$1,038,309

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$554,870

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $879,768
Avg Bedrooms 3.53 beds
Avg Bathrooms 2.65 baths

Average Price by Bedrooms

1 bedroom $250,076
2 bedrooms $369,049
3 bedrooms $585,594
4 bedrooms $766,552
5 bedrooms $2,127,087
Margate Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 301 311 321 316 295
Average Price $887,114 $864,315 $872,949 $868,845 $885,109
Avg Price Change +2.64% -1.00% +0.47% -1.87% +2.04%
Median Price $611,364 $617,914 $631,065 $605,034 $628,304
Med Price Change -1.07% -2.13% +4.30% -3.85% +3.63%
Avg Bedrooms 3.35 beds 3.55 beds 3.68 beds 3.67 beds 3.68 beds
Avg Bathrooms 2.8 baths 2.97 baths 2.95 baths 2.94 baths 2.97 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 286 $879,768 95 days
Distressed Homes 5 $437,774 91 days
Multi-Million Dollar Homes 68 $2,024,638 80 days
Newly Built Homes 11 $1,038,309 73 days
Reduced Price Homes 10 $554,870 106 days
JACK AND JILL AT THE SHORE KELLER WILLIAMS JERSEY SHORE
Jack And Jill Zaborowski
1 Atlantic Avenue
Ocean City, NJ 08226
609-602-7140
609-892-0512
Jack and Jill at the Shore

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.