$265K  
Luray is a city in Virginia. It's somewhat affluent and the cost of living is average compared to the rest of the state, with a median income of $45,813 per household and cost of living adjustment score of 99.1. Luray is made up of homes that are considered older than most with a median of 45 years. The top school in the city is Luray Elementary School.
Comments:

$119K  
Over the last 30 days, two homes were sold in the Luray market, down 33.3%. Additionally, the market is still in an emerging downward trend overall. As sales trended lower, the median sales price went down as well, trending downwards for eight weeks to $116,126. With a downward trend in sales numbers and prices, and 20 months of inventory still left to work through, Luray is a solid buyer's market.
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$335K  
The number of homes coming into the Luray market fell to three listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. A months of inventory number of 13 reported this week continued a four-week upward trend. Along with the slip in sales, the higher-than-normal inventory indicates that Luray is a strong buyer's market.
Comments:

$174K  
More sellers put their homes up for sale in the Luray market over the last 30 days and the number of new listings rose this week to five. Home sales remained unchanged from the prior period and once again three homes were sold. The median sales price in Luray stayed put this week at $115,500. Luray is a solid buyer's market, thanks to a big 14 months of inventory to choose from and the flat sales.
Comments:

$265K  
In this week's report, the number of homes sold in the Luray market slid to three over the past 30 days, a decrease of 25.0% from last week's report. On the other hand, close-by Front Royal registered 18 homes sold in the same time frame, the most of all surrounding cities. The median sales price tumbled to $115,500 over the latest reporting period for Luray, down from $165,250. Luray is a solid buyer's market, due to a big 14 months of inventory left and aided by the dip in sales.
Comments:

$119K  
The Luray market saw sales remain flat this week with four homes sold over the last 30 days and new listings also remain flat at five. The median sales price dropped to $165,250, extending a four-week long spiral. Luray is a solid buyer's market, due to falling prices and a large 12 months of inventory left.
Comments:

$275K  
With 4,895 residents, Luray is a larger than average city in Virginia. Also, with a 0.5% increase over the last 10 years, its population is growing faster than other parts of the state. Keep in mind, most people in Luray own their homes, with a 57.0% ownership ratio. The top school in the city is Luray Elementary School.
Comments:

$335K  
Sales remained steady from last week to this week, with four homes sold in the Luray market over the last 30 days. However, a prolonged downturn in the number of pending transactions continued, with one completed in the same period. The median sales price in Luray stayed put this week at $160,500. Luray is a solid buyer's market with 12 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$275K  
The Luray market broke below its 12-month average sales volume this week as sales dropped 20.0% to hit four homes sold over the last 30 days. Meanwhile, close-by Front Royal reported 20 homes sales, the highest number from all the surrounding cities. Prices are falling in Luray, and this period the median price of all sales fell from $166,000 to $160,500. Along with the slip in sales, a relatively high 12 months of inventory indicates that Luray is a definite buyer's market.
Comments:

$275K  
Over the last 30 days, a determined downward trend of new sellers coming into the Luray market continued, with five listings in this week's report. Meanwhile, sales remained flat, with five 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. The median sales price rose to $166,000, up from last week's $155,000. Luray is a definite buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
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