$109K  
Over the last 30 days, a solid upward trend of new sellers coming into the Salem market continued, with 11 listings in this week's report. Meanwhile, sales have fallen, with two homes selling during the same period. The median sales price rose to $46,500 over the latest reporting period for Salem, up from $43,000. Along with the slip in sales, a relatively high 39 months of inventory indicates that Salem is a definite buyer's market.
Comments:

$109K  
The Salem market picked up in this week's report, as the number of sales went up to two homes sold over the last 30 days. In comparison, nearby Wilmington had 63 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Salem, with the median for this period rising from $13,000 to $31,500. Salem is still a definite buyer's market, due to the availability of 39 months of remaining inventory, even after the uptick in sales.
Comments:

$109K  
The Salem market stayed sluggish this week as sales dropped 50.0% to land at one home sold over the last 30 days. Within the same time frame, Wilmington had 59 sales, the most of all cities in the area. The median sales price tumbled to $13,000, down from last week's $23,700. Salem is a solid buyer's market, due to a big 76 months of inventory left and aided by the dip in sales.
Comments:

$114K  
Salem is a small city in New Jersey, and is much less affluent than average with a median income of $33,334 per household. It's much older than the rest of the state, with a median age of 34. It should be noted that at 52.9%, most homes are being rented in Salem. The top school in the city is Grace Norton Rogers School.
Comments:

$114K  
The Salem market may be experiencing an extended pullback but sales stood their ground this week at one home sold over the last 30 days. As sales trended lower, the median sales price went down as well, trending downwards for four weeks to $13,000. Salem is a definite buyer's market, due to a downward trend in sales numbers and prices, and 75 months of inventory remaining.
Comments:

$114K  
The Salem market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for two weeks.
Comments:

$114K  
The Salem market pulled back this week but was still better than normal as sales slid 25.0% to three homes sold over the last 30 days. Within the same time frame, Wilmington had 63 sales, the most of all cities in the area. Potential buyers should note that prices went up in Salem, with the median for this period rising from $31,300 to $31,600. Along with the slip in sales, a relatively high 25 months of inventory indicates that Salem is a strong buyer's market.
Comments:

$114K  
The Salem market pulled back this week but was still better than normal as sales dropped 20.0% to four homes sold over the last 30 days. In comparison, nearby Wilmington had 68 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $31,300 over the latest reporting period for Salem, down from $31,600. With decreasing sales and the availability of 18 months of inventory, Salem is a solid buyer's market.
Comments:

$114K  
With five homes sold in the Salem market over the last 30 days, we see no change from last week's numbers. However, seven new listings came into the market. The median sales price in Salem stayed put this week at $31,600. With no movement in sales and the availability of 15 months of inventory, Salem is a strong buyer's market.
Comments:

With 5,146 residents, Salem is an average-sized city in New Jersey. Also, with a 13.4% decrease over the last 10 years, its population is shrinking slower than other parts of the state. The Salem market is mostly made up of detached houses, which currently account for 52% of the homes for sale in the area. Topping the list of best schools in the city is Grace Norton Rogers School.
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