$235K  
Sales fell to six homes sold over the last 30 days in the Medford Lakes market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to one for the same period. Prices are rising in Medford Lakes, and the median sales price this period increased from $267,500 to $297,450. With only two months of inventory to sell, Medford Lakes is a definite seller's market, in spite of the dip in sales.
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$242K  
Sales in the Medford Lakes market fell to seven homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with two price reductions in the same time frame. Pricing in Medford Lakes remains consistent from last week to this week, with the median sales price at $267,500 again. Despite the slip in sales, a relatively low two months of inventory indicates that Medford Lakes is a definite seller's market.
Comments:

$399K  
Medford Lakes has a cost of living adjustment score of 126.1, which is less expensive when compared to others in New Jersey. Also, the area is considered very affluent with a median income of $95,140 per household. Homes in Medford Lakes are older than most with a median age of 50 years. The best school in the city is South Valley.
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$265K  
The Medford Lakes market warmed up in this week's report, as the number of home sales climbed 12.5%, pushing the total to nine homes sold over the last 30 days. At the same time, close-by Echelon reported 17 home sales, the highest number from all the surrounding cities. The median sales price dropped to $267,500 over the latest reporting period for Medford Lakes, down from $293,750. The rising sales and a low one month of inventory point to Medford Lakes being a strong seller's market.
Comments:

$219K  
The Medford Lakes market showed healthy signs in this week's report, as the number of home sales shot up 60.0%, pushing the total to eight homes sold over the last 30 days. In comparison, nearby Echelon had 20 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $293,750, up from last week's $267,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Medford Lakes is a solid seller's market.
Comments:

$350K  
Despite a recent downward trend in sellers reducing price, including two markdowns over the last 30 days, sales in the Medford Lakes market ticked up to five over the same stretch of time. The median sales price rose dramatically to $267,500 over the latest reporting period for Medford Lakes, up from $216,500. With only three months of inventory and rising sales, Medford Lakes is a seller's market.
Comments:

$360K  
The number of homes coming into the Medford Lakes market rose to seven listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. The median sales price dropped to $216,500, potentially helping to offset the four months of inventory left to be sold.
Comments:

$389K  
The Medford Lakes market slowed with a 42.9% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 6.2 monthly average with four homes sold. In comparison, nearby Springdale had 22 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $282,194, and there are a fairly average four months of inventory left to be sold.
Comments:

$139K  
The Medford Lakes market was even this week as sales remained at seven homes over the prior 30 days, but the area is experiencing an emerging upward trend of contracts closing, now up to seven. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price of all transactions in Medford Lakes did not budge this week, remaining at $279,389. Despite the flat sales, a relatively low three months of inventory remaining indicates that Medford Lakes is a seller's market.
Comments:

$219K  
With 4,146 residents, Medford Lakes is an average-sized city in New Jersey. Also, with a 0.8% decrease over the last 10 years, its population is growing slower than other parts of the state. Detached homes account for 100% of the area's current housing market. Heading the list of top schools in the city is South Valley.
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