Country Lake Estates is an average-sized city in New Jersey with 3,943 residents. Also, it has a higher than average density with 3,596.3 people per square mile. With an ownership ratio of 85.7%, the vast majority of people in Country Lake Estates are homeowners. Topping the list of best schools in the city is Chatsworth.
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$202K  
While home sales in the Country Lake Estates market have been above average, in this week's report they fell 11.1% to eight homes sold over the last 30 days. Meanwhile, close-by Browns Mills reported 17 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Country Lake Estates, with the median for this period rising from $148,050 to $150,525.
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$164K  
The number of home sales in the Country Lake Estates market rose 12.5% to nine homes over the last 30 days. To put it in perspective, close-by Browns Mills registered 19 homes sold in the same time frame, the most of all surrounding cities. There are four months of inventory remaining in Country Lake Estates, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $148,050 this week.
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$249K  
Over the last 30 days, the Country Lake Estates market looked busy with eight homes sold, a 14.3% increase from last week's report. At the same time, close-by Browns Mills reported 19 home sales, the highest number from all the surrounding cities. Prices were able to find a top with the average selling price rising to $129,127, a three-month high.
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$164K  
The Country Lake Estates market saw sales remain flat this week with five homes sold over the last 30 days and new listings also remain flat at 13. The median sales price remained unchanged over the latest reporting period for Country Lake Estates, coming in at $84,300. With no movement in sales and the availability of nine months of inventory, Country Lake Estates is a definite buyer's market.
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The population of Country Lake Estates is somewhat affluent compared to others in New Jersey with a median income of $71,273 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 109.7. With a median age of 34 years, homes in Country Lake Estates tend to be relatively old. Topping the list of best schools in the city is Chatsworth.
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$179K  
With five homes sold in the Country Lake Estates market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 12 new listings for buyers to choose from. The median sales price of all transactions in Country Lake Estates did not budge this week, remaining at $84,300. With no movement in sales and the availability of nine months of inventory, Country Lake Estates is a definite buyer's market.
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$194K  
With an emerging upward trend of new sellers listing homes, including 14 over the last 30 days, and sales that have inched up to four in that same time frame, the Country Lake Estates market will be getting more crowded. The median sales price dropped dramatically to $73,650 over the latest reporting period for Country Lake Estates, down from $113,000. Despite the uptick in sales, there are still 12 months of inventory left to work through, meaning Country Lake Estates is still a strong buyer's market.
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$146K  
The Country Lake Estates market remained cool with one home sold in the last 30 days, a 66.7% sales drop. In comparison, nearby Browns Mills had 17 sales in the same time frame, the most of all neighboring cities. The median sales price jumped to $133,000 over the latest reporting period for Country Lake Estates, up from $75,000. Country Lake Estates is a definite buyer's market, due to a big 45 months of inventory left and aided by the dip in sales.
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$202K  
Home sales in the Country Lake Estates market stayed soft in this week's report as they slid 40.0% to three homes sold over the last 30 days. In comparison, nearby Browns Mills had 15 sales in the same time frame, the most of all neighboring cities. The median sales price in Country Lake Estates stayed put this week at $75,000. Along with the slip in sales, a relatively high 15 months of inventory indicates that Country Lake Estates is a definite buyer's market.
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