$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.
Comments:

$219K  
While home sales in the Medford Lakes market have been above average, in this week's report they slid 30.0% to seven homes sold over the last 30 days. On the other hand, close-by Greentree registered 14 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $279,389, down from last week's $308,694. There are only three months of inventory available in Medford Lakes, so it's a seller's market, even with the decrease in sales.
Comments:

$1.2M  
The number of price cuts in the Medford Lakes market climbed to 10 over the last 30 days, furthering an identifiable positive trend. Perhaps due to the decreases in list prices, sales increased to 10 homes sold. Potential buyers should note that prices went up in Medford Lakes, with the median for this period rising from $303,999 to $308,694. The rising sales and a low two months of inventory point to Medford Lakes being a solid seller's market.
Comments:

$1.2M  
The Medford Lakes market showed healthy signs this week as sales jumped 40.0% to reach seven homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, Lindenwold had 13 sales, the most of all cities in the area. The median sales price remained unchanged over the latest reporting period for Medford Lakes, coming in at $338,000. The rising sales and a low three months of inventory point to Medford Lakes being a seller's market.
Comments:

$202K  
In this week's report, the number of homes sold in the Medford Lakes market dropped to four over the past 30 days, a decrease of 20.0% from last week's report. On the other hand, close-by Springdale registered 14 homes sold in the same time frame, the most of all surrounding cities. The median sales price continued to fall, trending downwards for four weeks to reach $303,999.
Comments:

$289K  
The population of Medford Lakes is very affluent compared to others in New Jersey with a median income of $95,140 per household. It's also considered a less expensive city in terms of affordability with a cost of living adjustment score of 126.1. Homes in Medford Lakes are older than most with a median age of 50 years. Heading the list of top schools in the city is South Valley.
Comments:

$249K  
The Medford Lakes market saw six homes go under contract and failed to break out of a determined downward trend. Along with that, total home sales fell to four over the last 30 days. A months of inventory number of seven reported this week continued a four-week upward trend, to go along with the weak contracts in the area. Medford Lakes is still a definite buyer's market, due to the downward trend in contracts numbers and the large amount of inventory.
Comments:
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