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Margate Market Report

$1,967,497

AVERAGE PRICE OF 111 HOMES

$2,480,146

AVERAGE PRICE OF 79 MULTI-MILLION DOLLAR HOMES

$2,800,693

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$1,497,000

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $1,967,497
Avg Bedrooms 4.23 beds
Avg Bathrooms 3.87 baths

Average Price by Bedrooms

1 bedroom $544,000
2 bedrooms $573,163
3 bedrooms $1,157,667
4 bedrooms $1,653,030
5 bedrooms $2,288,097
Margate Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 130 130 124 110 120
Average Price $1,836,376 $1,782,413 $1,777,155 $1,753,444 $1,740,191
Avg Price Change +3.03% +0.30% +1.35% +0.76% +5.56%
Median Price $1,759,412 $1,695,852 $1,736,433 $1,743,200 $1,746,172
Med Price Change +3.75% -2.39% -0.39% -0.17% +7.05%
Avg Bedrooms 4 beds 3.99 beds 4.01 beds 3.99 beds 3.97 beds
Avg Bathrooms 3.69 baths 3.65 baths 3.68 baths 3.66 baths 3.63 baths
Total Homes Average Price Avg Days on Site
All Homes 111 $1,967,497 99 days
Multi-Million Dollar Homes 79 $2,480,146 110 days
Newly Built Homes 20 $2,800,693 123 days
Reduced Price Homes 4 $1,497,000 104 days
JACK AND JILL TEAM
Jack And Jill Zaborowski
28 Valley Road #1
Montclair, NJ 07042
609-602-7140
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 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.
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