New Downward Trend in Contracts for Luray Real Estate Market

Sales fell in the Luray market to five homes sold over the last 30 days. It's also under a budding downward trend in the number of contracts closing, with this week's number falling to zero. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $150,000 over the latest reporting period for Luray, down from $160,000. Luray is a solid buyer's market, due to a downward trend in contracts numbers and eight months of inventory remaining.

Out of all the listings in Luray, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes:

$265K   $425K   $199K  

Get started right now by checking out Luray homes for sale or reviewing Luray real estate trends.

Demographic facts about Luray:

  • The population is currently 4,895.
  • The safety rating here is 81. (Scale: 1 = Worst, 100 = Best)
  • The average commute to work for people in this area is 29 minutes.

Data reported through 1/12/2017

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