$199K  
The number of sellers reducing prices in the Victory Lakes market trended up to six over the last 30 days, extending a three-week streak. During the same period, two sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Pricing in Victory Lakes remains consistent from last week to this week, with the median sales price at $141,450 again. Along with flat sales, a relatively high 12 months of inventory indicates that Victory Lakes is a definite buyer's market.
Comments:

$212K  
The Victory Lakes market broke below its 12-month average sales volume this week as sales slid 50.0% to hit two homes sold over the last 30 days. In comparison, nearby Vineland had 34 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Victory Lakes, and for this period the median sales price slid from $209,900 to $141,450. With decreasing sales and the availability of 12 months of inventory, Victory Lakes is a definite buyer's market.
Comments:

$225K  
Sales fell to three homes sold over the last 30 days in the Victory Lakes market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to two for the same period. The median sales price in Victory Lakes stayed put this week at $239,900. Victory Lakes is a solid buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

The population of Victory Lakes is somewhat affluent compared to others in New Jersey with a median income of $66,611 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. Homes in Victory Lakes are relatively old with a median age of 39 years. The top school in the city is Mountain Park.
Comments:

$225K  
The Victory Lakes market pulled back this week but was still better than normal as sales slid 20.0% to four homes sold over the last 30 days. Meanwhile, close-by Vineland reported 37 homes sales, the highest number from all the surrounding cities. The median sales price has been increasing as it hit $243,450, extending a four-week long spike.
Comments:

$225K  
Sales in the Victory Lakes market remained level with five homes sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with six price reductions in the same time frame. Pricing in Victory Lakes remains consistent from last week to this week, with the median sales price at $239,900 again.
Comments:

$139K  
With a recent downward trend of new sellers listing homes, including three over the last 30 days, and sales that rose to five in that same time frame, the Victory Lakes market will be less intense. Potential buyers should note that prices went up in Victory Lakes, with the median for this period rising from $199,950 to $239,900.
Comments:

$250K  
Over the last 30 days, the Victory Lakes market got good news with four homes sold. It marks a 33.3% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, nearby Vineland had 38 sales in the same time frame, the most of all neighboring cities. The median sales price rose dramatically to $199,950, up from last week's $164,900. Victory Lakes is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

Victory Lakes is a smaller-than-average city in New Jersey with a population of 2,111 people. Although it does rank as the fastest growing, at a 10-year growth rate of 4.0%. The Victory Lakes market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The best school in the city is Mountain Park.
Comments:

$139K  
The Victory Lakes market is experiencing a prolonged pullback as sales slumped again this week by 25.0% to three homes sold over the last 30 days. Potential buyers should note that prices went up in Victory Lakes, with the median for this period rising from $101,500 to $164,900. With a downward trend in sales numbers and nine months of inventory still left to work through, Victory Lakes is a definite buyer's market.
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