$283K  
With two homes sold in the Alloway market over the last 30 days, we see no change from last week's numbers. However, one new listing came into the market. Potential buyers should note that prices went up in Alloway, with the median for this period rising from $100,000 to $115,000. Despite the flat sales, a relatively low two months of inventory remaining indicates that Alloway is a solid seller's market.
Comments:

$283K  
Alloway has a population that is older than most in New Jersey with a median age of 40 years. Also, it's somewhat affluent with a median income of $71,308 per household. Alloway is an area where most people own their homes, with an ownership ratio of 79.4%. Leading the list of top schools in the city are Union Valley Elementary School, Ann A Mullen Middle School, and Timber Creek High School.
Comments:

$104K  
The Alloway market is experiencing a pronounced pullback but sales stood their ground this week at two homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Prices are falling in Alloway, and this period the median price of all sales fell from $117,500 to $100,000. In spite of sales trending lower, there are only two months of inventory available, which signals that Alloway is a still definite seller's market.
Comments:

$120K  
The Alloway market saw one home go under contract and failed to break out of an emerging downward trend. Along with that, total home sales dropped to two over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices are coming down in Alloway, and for this period the median sales price slid from $170,000 to $117,500. With only two months of inventory to sell, Alloway is a still definite seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$104K  
The number of sellers who put their homes up for sale in the Alloway market over the last 30 days remained flat this week at one. Home sales also remained unchanged from the prior period and once again three homes were sold. The median sales price of all transactions in Alloway did not budge this week, remaining at $170,000. In spite of flat sales, a low two months of inventory signals that Alloway is a definite seller's market.
Comments:

$109K  
The Alloway market may be experiencing a determined pullback, but sales managed an uptick this week of 50.0% to three homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price dropped to $170,000, down from last week's $207,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Alloway is a solid seller's market.
Comments:

$283K  
Over the last 30 days, the Alloway market showed strong improvement with two homes sold. It marks a 100.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, close-by Wilmington reported 64 home sales, the highest number from all the surrounding cities. The median sales price dropped dramatically to $207,500, potentially helping to reduce the four months of inventory left to be sold.
Comments:

$189K  
Alloway is a small city in New Jersey that has seen a 23.7% increase in population over the last 10 years. It also has a total population of 1,402. Alloway is made up of homes that are considered relatively old with a median of 38 years. The best schools in the city are Union Valley Elementary School, Ann A Mullen Middle School, and Timber Creek High School.
Comments:

$283K  
The Alloway market picked up this week with one home sold over the last 30 days. To put it in perspective, close-by Wilmington registered 60 homes sold in the same time frame, the most of all surrounding cities. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Alloway is still a solid buyer's market.
Comments:

$249K  
Typically, Alloway accounts for 1.4 sales per month. This time sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
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