$8.5M  
There were 10 homes sold in the Moorestown-Lenola market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since last January at 12. When comparing other close-by municipalities within the same period, the most came from Philadelphia with 940 price reductions. The median sales price remained unchanged over the latest reporting period for Moorestown-Lenola, coming in at $276,014. Moorestown-Lenola is still a definite buyer's market, even after the decrease in price reductions, due to the large 10 months of inventory left.
Comments:

$348K  
Moorestown-Lenola has a population that is much younger than most in New Jersey with a median age of 43 years. Also, it's affluent with a median income of $83,479 per household. With an ownership ratio of 71.9%, most people in Moorestown-Lenola are homeowners. The top school in the city is Eastampton Middle School.
Comments:

$200K  
This week in the Moorestown-Lenola market, sales fell to 11 homes sold over the last 30 days, coinciding with a determined downward trend in price reductions, with 15 in the same time frame. The median sales price tumbled to $225,500, down from last week's $326,529. With decreasing sales and the availability of eight months of inventory, Moorestown-Lenola is a definite buyer's market.
Comments:

$695K  
With 17 homes sold in the Moorestown-Lenola market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 11 new listings for buyers to choose from. Prices are falling in Moorestown-Lenola, and this period the median price of all sales fell from $428,740 to $326,529.
Comments:

$8.5M  
Sales rose to 17 homes sold in the Moorestown-Lenola market over the last 30 days. However, an established downturn in the amount of pending transactions continued, with 12 completed in the same period. While contracts numbers were weak, the median sales price of those homes came in at $428,740, which extended a price upswing to four weeks.
Comments:

$8.5M  
Sales in the Moorestown-Lenola market remained level with 12 homes sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with 19 price reductions in the same time frame. The median sales price remained unchanged over the latest reporting period for Moorestown-Lenola, coming in at $445,870. Moorestown-Lenola is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

$348K  
The Moorestown-Lenola market showed signs of life in this week's report, as the number of home sales climbed 37.5%, pushing the total to 11 homes sold over the last 30 days. In comparison, nearby Philadelphia had 1,118 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Moorestown-Lenola, and for this period the median sales price slid from $496,500 to $463,000. Moorestown-Lenola is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 10 months of remaining inventory.
Comments:

$399K  
The Moorestown-Lenola market saw nine homes go under contract and failed to break out of an emerging downward trend. Along with that, total home sales fell to eight over the last 30 days. Perhaps due to the contracts numbers, months of inventory is on a four-week upswing, this week hitting 14 months. Moorestown-Lenola is still a definite buyer's market, based on the large amount of inventory to choose from and the downturn in contracts.
Comments:

$348K  
With 14,217 residents, Moorestown-Lenola is a larger than average city in New Jersey. Also, with a 0.2% increase over the last 10 years, its population is growing slower than other parts of the state. Moorestown-Lenola is made up of homes that are considered older than most with a median of 55 years. The best school in the city is Eastampton Middle School.
Comments:

$695K  
There were 14 homes sold in the Moorestown-Lenola market over the last 30 days, prolonging a three-week declining trend. With a dismal 12 contracts executed, the lowest amount since February, that trend could progress further. During the same time frame, Philadelphia had the most of any other neighboring municipalities with 1,277 contracts executed. The median sales price climbed to $413,450, up from last week's $361,950. Moorestown-Lenola is a definite buyer's market, due to a downward trend in contracts numbers and eight months of inventory remaining.
Comments:
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