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Margate Market Report

$851,439

AVERAGE PRICE OF 317 HOMES

$503,025

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,049,310

AVERAGE PRICE OF 69 MULTI-MILLION DOLLAR HOMES

$105,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$1,194,200

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$776,609

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $851,439
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.8 baths

Average Price by Bedrooms

1 bedroom $241,555
2 bedrooms $401,689
3 bedrooms $623,751
4 bedrooms $1,574,773
5 bedrooms $2,126,086
Margate Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 321 316 295 267 262
Average Price $872,949 $868,845 $885,109 $867,432 $863,021
Avg Price Change +0.47% -1.87% +2.04% +0.51% +3.75%
Median Price $631,065 $605,034 $628,304 $606,304 $603,340
Med Price Change +4.30% -3.85% +3.63% +0.49% +1.42%
Avg Bedrooms 3.68 beds 3.67 beds 3.68 beds 3.73 beds 3.73 beds
Avg Bathrooms 2.95 baths 2.94 baths 2.97 baths 2.87 baths 2.84 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 317 $851,439 106 days
Distressed Homes 3 $503,025 78 days
Multi-Million Dollar Homes 69 $2,049,310 143 days
Homes with a Pool 1 $105,000 3 days
Newly Built Homes 16 $1,194,200 94 days
Reduced Price Homes 11 $776,609 81 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.