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RESIDENTIAL BUILDING PERMIT DATA
Residential building permit data by municipality and county is available at the NJ Department of Labor website: http://www.wnjpin.net/OneStopCareerCenter/LaborMarketInformation/lmi18/index.html
AVERAGE & MEDIAN PRICE OF NEW HOMES SECOND QUARTER 2007
County Average Median
Atlantic $452,551 $349,161
Burlington $504,912 $414,900
Camden $330,630 $299,995
Cape May $628,040 $555,000
Cumberland $241,042 $245,538
Gloucester $381,396 $324,968
Salem $335,075 $305,900
South Jersey $410,521 $356,495
New Jersey $547,231 $440,000
AVERAGE & MEDIAN PRICE OF NEW HOMES FIRST QUARTER 2007
County Average Median
Atlantic $462,415 $345,000
Burlington $492,532 $475,428
Camden $369,642 $331,451
Cape May $584,601 $475,000
Cumberland $276,706 $279,227
Gloucester $371,605 $346,875
Salem $385,126 $377,174
South Jersey $420,375 $375,736
New Jersey $535,167 $415,000
AVERAGE & MEDIAN PRICE OF NEW HOMES FOURTH QUARTER 2006
County Average Median
Atlantic $420,078 $352,602
Burlington $431,951 $347,013
Camden $372,850 $335,000
Cape May $575,712 $431,852
Cumberland $302,834 $294,865
Gloucester $383,060 $348,141
Salem $390,194 $316,511
South Jersey $410,954 $346,569
New Jersey $501,901 $415,000
FINAL AVERAGE & MEDIAN PRICE OF NEW HOMES 2005: The average new home sale price in New Jersey last year was $460,931. The average new home sale price in 2004 was $365,699. The average median price in 2005 was $378,992 and in 2004 was $307,168. The breakdown by South Jersey counties is as follows:
County Average Median
Atlantic $360,983 $293,456
Burlington $415,190 $360,125
Camden $306,848 $285,640
Cape May $549,806 $449,900
Cumberland $250,761 $232,000
Gloucester $324,943 $312,055
Salem $300,018 $254,765
(Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester and Salem Counties) MEDIAN AVERAGE YEAR
$337,043 $392,744 2006
$281,679 $327,472 2004
$229,787 $261,505 2003
$215,468 $243,153 2002
$198,988 $227,236 2001
$182,246 $204,916 2000
$169,253 $192,844 1999
$161,057 $181,614 1998
$164,202 $189,060 1997
$164,649 $176,343 1996
$163,612 $172,838 1995
$158,370 $171,889 1994
$149,650 $160,673 1993
$137,839 $160,996 1992
$138,140 $155,322 1991
$134,029 $152,085 1990
$142,422 $155,259 1989
$121,861 $140,439 1988
$95,692 $106,987 1987
$84,303 $94,721 1986
$75,461 $86,271 1985
$66,291 $81,958 1984
$65,228 $75,497 1983
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