$200K  
Over the last 30 days, the Magnolia market was healthy with nine homes sold, a 12.5% increase from last week's report. Within the same time frame, Springdale had 17 sales, the most of all cities in the area. Potential buyers should note that prices went up in Magnolia, with the median for this period rising from $100,868 to $126,735.
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$185K  
This week in the Magnolia market, sales jumped to eight homes sold over the last 30 days, which might be due in part to a new upward trend in price reductions, with 10 being reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price rose dramatically to $100,868, up from last week's $75,001.
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$219K  
The Magnolia market recorded four home sales over the last 30 days. Also, a record number 16 new listings were posted, the highest since August. In comparison, Springdale had 22 new listings in the same time frame, the most of all nearby municipalities. Potential buyers should note that prices went up in Magnolia, with the median for this period rising from $64,900 to $106,750. The rise in contracts and high 10 months of remaining inventory tell us Magnolia is a definite buyer's market.
Comments:

$145K  
Magnolia is an average-sized city in New Jersey with a population of 4,341 residents. Also, it has a higher than average density with 4,485.3 people per square mile. With an ownership ratio of 67.9%, most people in Magnolia are homeowners. The best school in the city is Mary Bray.
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$135K  
The number of sellers who put their homes up for sale in the Magnolia market over the last 30 days remained flat this week at 12. Home sales also remained unchanged from the prior period and once again three homes were sold. Prices are falling in Magnolia, and this period the median price of all sales fell from $68,250 to $64,900. Along with flat sales, a relatively high 13 months of inventory indicates that Magnolia is a solid buyer's market.
Comments:

$159K  
Home sales in the Magnolia market dipped below its average sales volume for the prior 12-month period. In this week's report, they sank 60.0% to four homes sold over the last 30 days. Within the same time frame, Lindenwold had 16 sales, the most of all cities in the area. The median sales price dropped to $109,625, down from last week's $118,950. Magnolia is a strong buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$219K  
Over the last 30 days, the sale of 10 homes took place in the Magnolia market and, even though it's the same amount as last week, the area continues a budding upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, prices have been falling. The median sales price dropped to $118,950, extending a four-week long spiral.
Comments:

$145K  
The Magnolia market slowed this week but was still better than normal as sales slid 9.1% to 10 homes sold over the last 30 days. Meanwhile, close-by Ashland reported 17 homes sales, the highest number from all the surrounding cities. Prices are falling in Magnolia, and this period the median price of all sales fell from $134,900 to $118,950. There are only three months of inventory available in Magnolia, so it's a seller's market, even with the decrease in sales.
Comments:

$164K  
Over the past 30 days, there have been fewer price cuts in the Magnolia market, continuing a six-week declining trend to land at seven. Home sales were also down to 11 over the same period. While the number of price reductions trended lower, months of inventory is on a four-week downward trend, this week hitting three months. In spite of the decrease in sales, the lack of inventory signals that Magnolia is still a seller's market.
Comments:

$145K  
Magnolia has a much older population than other areas in New Jersey with a median age of 38 years. It is also much less affluent than average with a median income of $52,536 per household. The Magnolia market is almost exclusively made up of detached homes, currently accounting for 97% overall. The best school in the city is Mary Bray.
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