$750K  
Over the past 30 days, there have been fewer price cuts in the Echelon market, continuing a six-week declining trend to land at 12. Home sales were also down to 12 over the same period. Potential buyers should note that there are now four months of inventory available in Echelon and prices have come down. The median sales price dropped to $131,750.
Comments:

$189K  
With 10,743 residents, Echelon is a larger than average city in New Jersey. Also, with a 2.7% increase over the last 10 years, its population is growing slightly slower than other parts of the state. Condos and townhouses account for 48% of the area's current housing market. The top school in the city is Gloucester Twp.
Comments:

$750K  
The Echelon market lost steam this week but was still better than normal as sales slid 26.3% to 14 homes sold over the last 30 days. In comparison, nearby Ashland had 17 sales in the same time frame, the most of all neighboring cities. The median sales price continued to rise, trending upwards for four weeks to reach $155,500. With only three months of inventory to sell, Echelon is a seller's market, in spite of the dip in sales.
Comments:

$750K  
Sales fell to 17 homes sold in the Echelon market over the last 30 days. Furthermore, a recent downturn in the number of pending transactions continued, with 14 completed in the same period. However, at the same time that contracts trended down, the average selling price hit a milestone at $125,500, a three-month high. In spite of contracts trending lower, rising prices and a low three months of inventory signal that Echelon is still a seller's market.
Comments:

$750K  
Over the past 30 days, there have been fewer price cuts in the Echelon market, continuing a three-week declining trend to land at 20. However, home sales were up to 20 over the same period. The median sales price climbed to $125,250, up from last week's $125,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Echelon is a seller's market.
Comments:

$189K  
Over the last 30 days, the Echelon market looked active with 18 homes sold, a 20.0% increase from last week's report. In comparison, nearby Ashland had 16 sales in the same time frame, the most of all neighboring cities. The median sales price remained unchanged over the latest reporting period for Echelon, coming in at $125,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Echelon is a seller's market.
Comments:

$750K  
Sales shot up to 15 homes sold over the last 30 days in the Echelon market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 12 for the same period. The median sales price climbed to $125,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$122K  
Echelon has a population that is much older than most in New Jersey with a median age of 39 years. Also, it's less affluent than average with a median income of $59,273 per household. It should be noted that at 51.0%, most homes are being rented in Echelon. The best school in the city is Gloucester Twp.
Comments:

$750K  
Home sales in the Echelon market remained cold in this week's report as they fell 22.2% to seven homes sold over the last 30 days. Within the same time frame, Springdale had 22 sales, the most of all cities in the area. Prices are rising in Echelon, and the median sales price this period increased from $101,000 to $125,000. Along with the slip in sales, a relatively high nine months of inventory indicates that Echelon is a definite buyer's market.
Comments:

$259K  
Home sales ticked up to nine homes sold over the last 30 days, providing a boost to the Echelon market. That may continue, due to a six-week upward trend for contracts, with 16 in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are rising in Echelon, and the median sales price this period increased from $80,000 to $101,000.
Comments:
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