$699K  
Fewer sellers put their homes up for sale in the Medford Lakes market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again nine homes were sold. The median sales price dropped to $275,000 over the latest reporting period for Medford Lakes, down from $285,900. Despite the flat sales, a relatively low one month of inventory remaining indicates that Medford Lakes is a definite seller's market.
Comments:

Medford Lakes has a cost of living adjustment score of 126.1, which is less expensive when compared to others in New Jersey. Also, the area is considered very affluent with a median income of $95,140 per household. Medford Lakes is made up of homes that are considered older than most with a median of 50 years. Heading the list of top schools in the city is South Valley.
Comments:

$699K  
The number of home sales in the Medford Lakes market rose 12.5% to nine homes over the last 30 days. Within the same time frame, Greentree had 17 sales, the most of all cities in the area. The median sales price rose to $285,900 over the latest reporting period for Medford Lakes, up from $265,000. The rising sales and a low one month of inventory point to Medford Lakes being a definite seller's market.
Comments:

$154K  
The Medford Lakes market showed healthy signs this week as sales jumped 100.0% to reach eight homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, close-by Greentree registered 20 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $265,000, extending a four-week long spiral. The rising sales and a low two months of inventory point to Medford Lakes being a solid seller's market.
Comments:

$359K  
With five homes sold in the Medford Lakes market over the last 30 days, we see no change from last week's numbers. However, 13 new listings came into the market. Potential buyers should note that prices went up in Medford Lakes, with the median for this period rising from $220,000 to $240,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Medford Lakes is a seller's market.
Comments:

$399K  
The Medford Lakes market saw sales remain flat this week with five homes sold over the last 30 days and new listings also remain flat at 10. The median sales price dropped to $220,000, down from last week's $240,000. There are only three months of inventory available in Medford Lakes, so it's a seller's market, even if sales are flat.
Comments:

With 4,146 residents, Medford Lakes is an average-sized city in New Jersey. Also, with a 0.8% decrease over the last 10 years, its population is growing slower than other parts of the state. The Medford Lakes market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. Heading the list of top schools in the city is South Valley.
Comments:

$309K  
Home sales inched up to five homes sold over the last 30 days, providing good news to the Medford Lakes market. That may continue, due to a three-week upward trend for contracts, with 10 in the same time frame. The median sales price rose to $240,000 over the latest reporting period for Medford Lakes, up from $230,000. With only three months of inventory and rising contracts, Medford Lakes is a seller's market.
Comments:

$165K  
Sales in the Medford Lakes market inched up to four homes sold over the last 30 days, while the number of sellers reducing their list prices reached four, which continues a confirmed upward trend in price reductions. There are four months of inventory remaining in Medford Lakes, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $230,000 this week.
Comments:

$157K  
Sales numbers in the Medford Lakes market remain the same with two homes sold over the last 30 days and the market still shows a confirmed trend downward overall. The median sales price dropped to $296,500 over the latest reporting period for Medford Lakes, down from $323,500.
Comments:
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