UPDATE: The Cape May County real estate market is heating up as several homes priced at or under $1 million have just sold between September 29 and October 5. This surge in sales highlights a competitive atmosphere for prospective homebuyers aiming for affordable options in the region.
Here’s a snapshot of the top properties sold, showcasing incredible deals in this sought-after area. These homes not only meet the price criteria but also offer significant living spaces, making them highly attractive to buyers.
1. **120 Dory Drive**: This single-family home was sold for $999,000, translating to $591 per square foot. Built in 1973, it boasts a living area of 1,691 square feet and sits on a 5,262-square-foot lot. The deal was finalized on September 11.
2. **416 Ibis Lane**: A condominium that changed hands for $990,000 ($642 per square foot). Constructed in 1994, it offers 1,542 square feet of living space and was sold on September 8.
3. **837 Seashore Road**: This detached house sold for $941,000, or $383 per square foot. Spanning 2,456 square feet and built in 1931, the property includes a 1.3-acre lot. The transaction was completed on September 8.
4. **128 Reef Drive**: A condominium featuring 3 bedrooms and 2 bathrooms sold for $862,500 ($621 per square foot). The 1,388-square-foot home was built in 1985 and sold on September 8.
5. **430 W. Pine Ave.**: This single-family home, constructed in 2008, fetched $845,000 ($382 per square foot) and offers 2,211 square feet. The sale was finalized on September 8.
6. **420 W. Oak Ave.**: Sold for $820,000 at $493 per square foot, this home spans 1,662 square feet and was built in 1958. The deal was completed on September 4.
7. **9905 Seapointe Blvd. APT307**: This condominium was sold for $815,000 ($706 per square foot). Built in 1988, it provides 1,154 square feet of space and was sold on September 5.
8. **400 E. Fifth Ave. #201**: This condominium sold for $796,000 at $510 per square foot, offering 1,562 square feet and built in 2004. The sale was finalized on September 11.
9. **4217 Hudson Ave.**: A detached house sold for $750,000 ($542 per square foot), covering 1,384 square feet and built in 1920. The deal was completed on September 5.
10. **216 E. Juniper Ave.**: This single-family home, sold for $726,150 ($346 per square foot), spans 2,100 square feet and was constructed in 1920. The transaction was finalized on September 10.
As the Cape May County housing market continues to showcase these significant sales, potential buyers are urged to act quickly. With demand increasing, these listings may not last long, and timely decisions could lead to securing a dream home. Stay tuned for further updates on the real estate landscape in this vibrant area.
