South Jersey's September market,
county by county

We start with New Jersey as a whole, then take the eight South Jersey counties we cover one at a time. The state and county figures come from New Jersey REALTORS® and compare with the same time last year.

Across New Jersey

The statewide median sale price for a single family home was $614,000 in September, up 5.0% from September of last year, with 3.1 months' worth of homes for sale. Closed sales came to 4,983, down 6.5%. New listings came to 7,321, up 2.3%. Homes that went under contract came to 4,342, down 12.8%. Sellers received 101.8% of list price, and homes took 35 days on market. Year to date the median sale price is $615,000, up 3.4%.

For townhouses and condos, the median sale price was $429,900, down 1.2%, with 3.9 months' worth of them for sale. Their closed sales came to 1,563, down 6.0%. In adult communities, the median sale price was $375,000, up 1.4%, with 3.4 months' worth of homes for sale. Their closed sales came to 644, down 0.9%.

Nationally, in the National Association of REALTORS®' latest monthly report, previously owned homes sold at a pace of 4.09 million a year, down 2.4% from the prior month but up 2.8% from a year earlier. There were 4.6 months' worth of homes for sale, and the median sale price was $440,600, up 1.8% and a new record high.

South Jersey at a glance

South Jersey's single family median sale prices, from lowest to highest, were Salem $280,000 (down 2.8%), Cumberland $285,500 (up 3.8%), Gloucester $405,000 (up 8.0%), Camden $415,900 (up 7.1%), Burlington $455,000 (up 1.1%), Atlantic $469,775 (up 11.9%), Ocean $610,000 (down 1.6%) and Cape May $803,500 (up 16.4%).

Months' worth of homes for sale ranged from 2.6 in Camden to 4.3 in Cape May. Days on market ranged from 29 in Camden to 55 in Cape May. Sellers received from 97.0% of list price in Cape May to 101.9% in Camden.

Gloucester County

The median sale price of a single family home in Gloucester County was $405,000 in September, up 8.0% from a year ago. Homes took 32 days on market, sellers received 101.7% of list price, and there were 2.7 months' worth of homes for sale. Single family closed sales came to 203, down 16.1%. New listings came to 279, down 10.6%. For townhouses and condos, the median sale price was $307,500, up 15.4%, with 2.3 months' worth of them for sale. In adult communities, the median sale price was $399,500, up 7.1%. Year to date, the median sale price of a single family home there is $400,000, up 6.8%.

Camden County

The median sale price of a single family home in Camden County was $415,900 in September, up 7.1% from a year ago. Homes took 29 days on market, sellers received 101.9% of list price, and there were 2.6 months' worth of homes for sale. Single family closed sales came to 306, down 10.3%. New listings came to 403, down 9.8%. For townhouses and condos, the median sale price was $315,000, up 34.5%, with 3.5 months' worth of them for sale. Year to date, the median sale price of a single family home there is $403,000, up 4.7%.

Burlington County

The median sale price of a single family home in Burlington County was $455,000 in September, up 1.1% from a year ago. Homes took 33 days on market, sellers received 101.0% of list price, and there were 3.0 months' worth of homes for sale. Single family closed sales came to 295, down 9.2%. New listings came to 373, down 6.5%. For townhouses and condos, the median sale price was $318,000, down 12.9%, with 2.9 months' worth of them for sale. In adult communities, the median sale price was $396,500, up 10.1%. Year to date, the median sale price of a single family home there is $450,000, up 4.7%.

Salem County

The median sale price of a single family home in Salem County was $280,000 in September, down 2.8% from a year ago. Homes took 54 days on market, sellers received 99.2% of list price, and there were 4.2 months' worth of homes for sale. Single family closed sales came to 55, down 22.5%. New listings came to 93, down 12.3%. Year to date, the median sale price of a single family home there is $285,000, up 1.8%.

Cumberland County

The median sale price of a single family home in Cumberland County was $285,500 in September, up 3.8% from a year ago. Homes took 45 days on market, sellers received 100.5% of list price, and there were 3.8 months' worth of homes for sale. Single family closed sales came to 103, down 12.7%. New listings came to 117, down 19.9%. Year to date, the median sale price of a single family home there is $290,000, up 3.6%.

Atlantic County

The median sale price of a single family home in Atlantic County was $469,775 in September, up 11.9% from a year ago. Homes took 40 days on market, sellers received 98.5% of list price, and there were 4.2 months' worth of homes for sale. Single family closed sales came to 211, down 14.6%. New listings came to 301, down 6.5%. For townhouses and condos, the median sale price was $329,990, up 20.0%, with 5.5 months' worth of them for sale. In adult communities, the median sale price was $369,995, down 4.9%. Year to date, the median sale price of a single family home there is $449,450, up 10.3%.

Cape May County

The median sale price of a single family home in Cape May County was $803,500 in September, up 16.4% from a year ago. Homes took 55 days on market, sellers received 97.0% of list price, and there were 4.3 months' worth of homes for sale. Single family closed sales came to 142, down 5.3%. New listings came to 172, down 14.9%. For townhouses and condos, the median sale price was $775,000, down 8.4%, with 4.5 months' worth of them for sale. Year to date, the median sale price of a single family home there is $685,000, up 14.2%.

Ocean County

The median sale price of a single family home in Ocean County was $610,000 in September, down 1.6% from a year ago. Homes took 33 days on market, sellers received 99.9% of list price, and there were 3.5 months' worth of homes for sale. Single family closed sales came to 494, down 9.4%. New listings came to 630, down 4.7%. For townhouses and condos, the median sale price was $414,495, up 20.8%, with 4.2 months' worth of them for sale. In adult communities, the median sale price was $329,000, up 2.8%. Year to date, the median sale price of a single family home there is $629,000, up 3.1%.

The full county tables

Our South Jersey Market Report and NJ Housing Market Report pages carry the full county tables by type of home, with twelve months of history. They are updated each month when New Jersey REALTORS® releases its report.