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Margate  City Market Update

As Professional Real Estate Agents, We Study Homes & Prices Every Single Day.

Therefore when Buying or Selling, you can expect the right advice to help you and your family make the best decisions possible.

May, 2019 Market Snapshot for Margate City

Here is a quick snapshot of the Margate,  New Jersey Residential Real Estate Market for May, 2019.  

Margate City Single Family Homes

Prices are DOWN. Number of Sales are UP sharply. Inventory is DOWN slightly, -1.7% over last year.  The market has sped Down sharply +43.6% over last year. 

-28.6%

Number of Sales

$755K

+13.1%

112

Days on Market

92.3%

Sold % of List Price

Margate City Condo/TH

Prices are UP. Number of Sales are DOWN. Inventory is also DOWN -6.9% over last year and the market has sped UP significantly -18.4% over last year. 

-25.0%

Number of Sales

$273K

-22.9%

62

Days on Market

91.4%

Sold % of List Price

May Sales in the Past 5 Years
Sales in the Past 6 Months

143 Sales in the Past 6 Months

Total Sales Year to Date

120 Total Sales Year to Date

Is Your Home Worth More than you Think?

A lot can change in a year....including the value of your home.

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