Berlin is a larger than average city in New Jersey with 7,588 residents. Also, it has an average density with 2,114.9 people per square mile. Berlin is an area where most people own their homes, with an ownership ratio of 77.0%. Topping the list of best schools in the city is Bells.
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$196K  
Sales remained at nine homes sold over the last 30 days in the Berlin market. Sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to 21 for the same period. The median sales price rose to $175,000 over the latest reporting period for Berlin, up from $156,000. With no movement in sales and the availability of seven months of inventory, Berlin is a strong buyer's market.
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$579K  
Home sales in the Berlin market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 10.0% to nine homes sold over the last 30 days. Within the same time frame, Greentree had 20 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Berlin, and for this period the median sales price slid from $201,500 to $156,000. Along with the slip in sales, a relatively high seven months of inventory indicates that Berlin is a solid buyer's market.
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$146K  
With 10 homes sold in the Berlin market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with 21 new listings for buyers to choose from. Pricing in Berlin remains consistent from last week to this week, with the median sales price at $184,000 again. Along with flat sales, a relatively high seven months of inventory indicates that Berlin is a strong buyer's market.
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$269K  
There were 11 homes sold in the Berlin market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since January at 15. When comparing other close-by municipalities within the same period, the most came from Lindenwold with 28 price reductions. The median sales price remained unchanged over the latest reporting period for Berlin, coming in at $178,000.
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Berlin has a cost of living adjustment score of 122.4, which is less expensive when compared to others in New Jersey. Also, the area is considered somewhat affluent with a median income of $74,214 per household. Berlin is made up of homes that are considered relatively old with a median of 35 years. The top school in the city is Bells.
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$315K  
The Berlin market saw sales remain consistent with eight homes sold over the last 30 days and is also under an identifiable downward trend in the number of contracts closing, with this week's number falling to 12. The median sales price climbed to $176,500 over the latest reporting period for Berlin, up from $169,500. Berlin is a solid buyer's market with eight months of inventory to choose from, aided by the downturn in contracts.
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$249K  
Over the last 30 days, the Berlin market showed strong improvement with eight homes sold. It marks a 14.3% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, Lindenwold had 18 sales, the most of all cities in the area. The median sales price dropped to $169,500, down from last week's $184,900. Berlin is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
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$429K  
Sales fell to seven homes sold over the last 30 days in the Berlin market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 13 for the same period. Prices are rising in Berlin, and the median sales price this period increased from $155,500 to $184,900. Along with the slip in sales, a relatively high eight months of inventory indicates that Berlin is a definite buyer's market.
Comments:

$579K  
The Berlin market is getting less expensive. While sales came in at 11 homes sold over the last 30 days, price reductions are the highest they've been since September, with 21 reported over the same period. In comparison, Springdale had 29 price reductions in the same time frame, the most of all nearby municipalities. The median sales price dropped to $155,500 over the latest reporting period for Berlin, down from $177,700.
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