$850K  
The number of homes coming into the Echelon market fell to 25 listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. A months of inventory number of 17 reported this week continued a four-week upward trend. With decreasing sales and the availability of so much inventory, Echelon is a definite buyer's market.
Comments:

$104K  
The Echelon market may be experiencing a pronounced pullback, but sales managed an uptick this week of 50.0% to three homes sold over the last 30 days. The median sales price dropped to $90,000, down from last week's $113,500. Even after the uptick in sales, an elevated 24 months of inventory tells us that Echelon is still a solid buyer's market.
Comments:

$419K  
Sales retained their current pace and came in at seven homes sold in the Echelon market over the last 30 days. However, a three-week upward trend for contracts was extended, with 22 pending transactions in the same time frame. As contracts trended higher, the median sales price climbed with it, trending upwards for four weeks to reach $135,000. Echelon is a definite buyer's market, due to a big 10 months of inventory left and aided by the flat sales.
Comments:

Echelon has a population that is much older than most in New Jersey with a median age of 39 years. Also, it's less affluent than average with a median income of $59,273 per household. With a ratio of 51.0%, most homes in Echelon are being rented. The top school in the city is Gloucester Twp.
Comments:

$725K  
The Echelon market remained cold with seven homes sold in the last 30 days, a 30.0% sales drop. Meanwhile, close-by Haddonfield reported 17 homes sales, the highest number from all the surrounding cities. Prices are falling in Echelon, and this period the median price of all sales fell from $171,000 to $135,000. With decreasing sales and the availability of 10 months of inventory, Echelon is a definite buyer's market.
Comments:

$239K  
Home sales in the Echelon market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 16.7% to 10 homes sold over the last 30 days. Within the same time frame, Haddonfield had 18 sales, the most of all cities in the area. The median sales price rose to $171,000, up from last week's $156,000. Echelon is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$179K  
The number of home sales in the Echelon market jumped 33.3% to 12 homes over the last 30 days, exceeding the 11.3 monthly average for the last 12 months. To put it in perspective, close-by Lindenwold registered 18 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Echelon, with the median for this period rising from $150,000 to $156,000.
Comments:

$725K  
The Echelon market pulled back with an 18.2% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 11.3 monthly average with nine homes sold. On the other hand, close-by Lindenwold registered 15 homes sold in the same time frame, the most of all surrounding cities. The median sales price remained unchanged over the latest reporting period for Echelon, coming in at $150,000. Echelon is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$725K  
Sales in the Echelon market inched up to 11 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 14, which continues an established upward trend in price reductions. The median sales price jumped to $150,000 over the latest reporting period for Echelon, up from $85,000.
Comments:

$179K  
With 10,743 residents, Echelon is a larger than average city in New Jersey. Also, with a 2.7% increase over the last 10 years, its population is growing slightly slower than other parts of the state. The Echelon market is mostly made up of detached homes, currently accounting for 57% overall. The best school in the city is Gloucester Twp.
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