$105K  
Sales in the Collings Lakes market hit their lowest level since August. For the prior 30-day period, there was one home sold, a decrease of 66.7%. When comparing other close-by municipalities within the same period, the most came from Vineland with 25 sales. Prices are rising in Collings Lakes, and the median sales price this period increased from $59,900 to $125,000. A downturn in sales, coupled with the availability of 23 months of inventory, prove that Collings Lakes is a strong buyer's market.
Comments:

$127K  
There have been three homes sold in the Collings Lakes market over the last 30 days. During the same period, there were six new listings posted, the most since August. In comparison, Vineland had 58 new listings in the same time frame, the most of all nearby municipalities. Pricing in Collings Lakes remains consistent from last week to this week, with the median sales price at $59,900 again. With a downward trend in contracts numbers and eight months of inventory still left to work through, Collings Lakes is a strong buyer's market.
Comments:

$105K  
Collings Lakes is a smaller-than-average city in New Jersey with a population of 1,706 residents, and it has an average density compared to the rest of the state, with 2,669.9 people per square mile. Collings Lakes is an area where the vast majority of people own their homes, with an ownership ratio of 86.3%. Topping the list of best schools in the city is Marine Academy Sci & Tech.
Comments:

$179K  
The number of homes coming into the Collings Lakes market fell to four listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. Pricing in Collings Lakes remains consistent from last week to this week, with the median sales price at $59,900 again. Collings Lakes is a definite buyer's market, due to a big seven months of inventory left and aided by the flat sales.
Comments:

$179K  
Over the last 30 days, the Collings Lakes market warmed up with three homes sold, a 50.0% increase from last week's report. At the same time, close-by Vineland reported 27 home sales, the highest number from all the surrounding cities. Prices are rising in Collings Lakes, and the median sales price this period increased from $46,950 to $59,900. Collings Lakes is still a solid buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$149K  
This week in the Collings Lakes market, sales fell to one home sold over the last 30 days, even as it endures a determined upward trend in price reductions, with 11 reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $59,900 over the latest reporting period for Collings Lakes, down from $79,500. Collings Lakes is a definite buyer's market, due to a big 22 months of inventory left and aided by the dip in sales.
Comments:

$179K  
More sellers put their homes up for sale in the Collings Lakes market over the last 30 days and the number of new listings jumped this week to five. Home sales remained unchanged from the prior period and once again two homes were sold. Pricing in Collings Lakes remains consistent from last week to this week, with the median sales price at $79,500 again. Along with flat sales, a relatively high 10 months of inventory indicates that Collings Lakes is a strong buyer's market.
Comments:

$131K  
With two homes sold in the Collings Lakes market over the last 30 days, we see no change from last week's numbers. However, four new listings came into the market. The median sales price of all transactions in Collings Lakes did not budge this week, remaining at $79,500. Collings Lakes is a solid buyer's market, due to a big 10 months of inventory left and aided by the flat sales.
Comments:

$105K  
Collings Lakes has a much older population than other areas in New Jersey with a median age of 38 years. It is also less affluent than average with a median income of $63,814 per household. The Collings Lakes market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. Heading the list of top schools in the city is Marine Academy Sci & Tech.
Comments:

$105K  
Over the last 30 days, an identifiable downward trend of new sellers coming into the Collings Lakes market continued, with three listings in this week's report. Meanwhile, sales remained flat, with two homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. While new seller numbers were soft, months of inventory were further reduced to 10, extending a downward trend to four weeks. Collings Lakes is a strong buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:
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