$315K  
The Berlin market pulled back with a 22.2% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 9.0 monthly average with seven homes sold. Meanwhile, close-by Springdale reported 17 homes sales, the highest number from all the surrounding cities. The median sales price of all transactions in Berlin did not budge this week, remaining at $214,000. With decreasing sales and the availability of eight months of inventory, Berlin is a definite buyer's market.
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$349K  
The Berlin market saw nine more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since November at 19. When comparing other close-by municipalities within the same period, the most came from Springdale with 38 price reductions. The median sales price rose to $214,000 over the latest reporting period for Berlin, up from $182,000.
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$199K  
The population of Berlin is somewhat affluent compared to others in New Jersey with a median income of $74,214 per household. It's also considered a less expensive city in terms of affordability with a cost of living adjustment score of 122.4. Berlin is made up of homes that are considered relatively old with a median of 35 years. Heading the list of top schools in the city is Bells.
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$174K  
Over the last 30 days, the Berlin market showed strong improvement with nine homes sold. It marks an 80.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, close-by Springdale registered 13 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Berlin, and the median sales price this period increased from $180,000 to $182,000.
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$179K  
Over the last 30 days, the Berlin market reported improvement with five homes sold, a 66.7% increase from last week's report. In comparison, nearby Springdale had 14 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $180,000 over the latest reporting period for Berlin, down from $182,000. Berlin is still a strong buyer's market, due to the availability of nine months of remaining inventory, even after the uptick in sales.
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$174K  
Sales fell to three homes sold in the Berlin market over the last 30 days. Furthermore, a confirmed downturn in the number of pending transactions continued, with six completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $182,000, down from last week's $219,700. Berlin is a definite buyer's market with 14 months of inventory to choose from, aided by the downturn in contracts.
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$300K  
There were four homes sold in the Berlin market over the last 30 days, while six contracts were executed. This marks the lowest amount since October, and could be a sign that the market is weakening. In comparison, Lindenwold had 17 contracts executed in the same time frame, the most of all nearby cities. The median sales price remained unchanged over the latest reporting period for Berlin, coming in at $230,350. Berlin is a definite buyer's market with 10 months of inventory to choose from, aided by the downturn in contracts.
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$200K  
The Berlin market broke below its 12-month average sales volume this week as sales tumbled 55.6% to hit four homes sold over the last 30 days. On the other hand, close-by Ashland registered 17 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $230,350, down from last week's $241,000. Berlin is a strong buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$199K  
Berlin is a larger than average city in New Jersey with a population of 7,588 residents. Also, it has an average density with 2,114.9 people per square mile. It should be noted that at 77.0%, most people own their homes in Berlin. The top school in the city is Bells.
Comments:

$300K  
The Berlin market might be cooling in the coming weeks. Sales stayed steady at nine homes sold over the last 30 days, but there is an emerging downward trend in the number of new listings, with seven going live in the same time frame. The median sales price in Berlin stayed put this week at $241,000.
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