06/08/2026
ATLANTIC COUNTY REAL ESTATE MARKET
REPORT
Local Trends, Data, and Insights⚫ May 2026
While national news headlines point to a softening real estate market with rising inventory and widespread price cuts, the South Jersey Shore continues to tell a completely different story. Locally, baseline demand remains remarkably resilient, inventory stays tight, and well-priced properties are commanding strong positions.
The Core Numbers at a Glance
The Atlantic County market remains a steady seller's market, hovering right at the edge of a balanced market as we move into the peak summer season.
METRIC
Median Sold Price
SINGLE-FAMILY HOMES
$360,000
TOWNHOUSES &
CONDOS
$238,000
Inventory Trend (YoY)
Single Family -Down 8.8%
Townhouses/condos- Up 18.0%
Median Days on Market
Single family- 29 Days
Townhouse/condos- 70 Days
Months Supply
Single family- 3.4 Months
Townhouse/condo- 5.8 Months
Key Takeaways from May
• The Great Inventory Split: Single-family home inventory continues to shrink (down 8.8% year-over-year). Conversely, the townhouse and condo market has experienced an 18% inventory surge, pushing supply to 5.8 months. This gives condo buyers their best negotiating window in several years.
• Pricing Discipline Rules: Buyers are actively negotiating. The average single-family home is closing at 97.6% of list price, meaning sellers are offering modest concessions (~2.4%) to close deals. Overpriced properties are quickly penalized with higher days on market.
• Interest Rate Stability: Mortgage rates have stabilized after a volatile spring, hovering in the low 6% range (6.2% to 6.4%). Rates are expected to remain in this zone through the rest of the year, providing a predictable financing environment
Local Spotlight: Town-by-Town Activity
Hyper-local demand varies significantly depending on whether you are looking inland or right along the coastal corridor:
Ventnor City
Median Price: $850,000
Days on Market: 34 Days
Market Outlook: Exceptionally healthy pacing; premium coastal demand remains constant.
Margate
Days to Sold: 8 Days*
Sold-to-List: 96.7%
Market Outlook: Fast-paced for accurate pricing, but buyers negotiated hard on overly ambitious list prices.
Somers Point
Median DOM: 116 Days
Sold-to-List: 94.8%
Market Outlook: A distinct outlier
this season, showing a softer pace and increased buyer leverage.
What This Means For You
If you are looking to sell: The local market is firmly in your favor, but the days of "automatic" premium pricing are over. Accurate pricing on day one ensures momentum. If you overreach, the market will force a correction.
If you are looking to buy: Local inventory constraints protect baseline values, so don't wait for a crash. However, you have more room to maneuver than last year-especially in the condo market. Use days on market to negotiate concessions, price adjustments, or flexible timelines.
If you have questions about how these shifts impact your neighborhood, your equity, or a property you have your eye on, don't hesitate to reach out. I'm always here to help you navigate our local shore market with confidence.
[email protected]
609-214-6601
laurenbrooksrealtor.com
Your Local Shore Real Estate Partner
Atlantic County & Jersey Shore Property Specialist
Data compiled through May 2026. Deemed reliable but not guaranteed
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