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Margate Market Report

$1,924,579

AVERAGE PRICE OF 96 HOMES

$2,747,109

AVERAGE PRICE OF 58 MULTI-MILLION DOLLAR HOMES

$3,199,933

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$2,008,333

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,924,579
Avg Bedrooms 3.82 beds
Avg Bathrooms 3.44 baths

Average Price by Bedrooms

1 bedroom $511,575
2 bedrooms $655,181
3 bedrooms $1,190,850
4 bedrooms $1,242,200
5 bedrooms $2,871,706
Margate Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 84 84 91 96 112
Average Price $1,951,157 $1,935,664 $1,948,597 $1,947,000 $1,858,142
Avg Price Change +0.80% -0.67% +0.08% +4.78% -1.05%
Median Price $1,647,500 $1,539,250 $1,419,341 $1,586,969 $1,542,228
Med Price Change +7.03% +8.45% -11.81% +2.90% -8.84%
Avg Bedrooms 3.9 beds 3.88 beds 3.91 beds 3.94 beds 3.95 beds
Avg Bathrooms 3.44 baths 3.44 baths 3.47 baths 3.56 baths 3.55 baths
Total Homes Average Price Avg Days on Site
All Homes 96 $1,924,579 104 days
Multi-Million Dollar Homes 58 $2,747,109 121 days
Newly Built Homes 15 $3,199,933 142 days
Reduced Price Homes 3 $2,008,333 135 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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