$192K  
While home sales in the Laurel Lake market have been above average, in this week's report they slid 33.3% to two homes sold over the last 30 days. Within the same time frame, Vineland had 25 sales, the most of all cities in the area. The average selling price hit a milestone at $77,950, a three-month high. With decreasing sales and the availability of 24 months of inventory, Laurel Lake is a solid buyer's market.
Comments:

$192K  
Over the last 30 days, the Laurel Lake market was steady and saw three homes sold. However, the number of pending transactions continued to decline, with a total of zero transactions during the same period. The median sales price in Laurel Lake stayed put this week at $27,000. Laurel Lake is a strong buyer's market with 16 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$115K  
The number of sellers who put their homes up for sale in the Laurel Lake market over the last 30 days remained flat this week at nine. Home sales also remained unchanged from the prior period and once again three homes were sold. Months of inventory is on a four-week downward trend, this week hitting 15 months. Laurel Lake is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

The population of Laurel Lake is much less affluent than average compared to others in New Jersey with a median income of $38,660 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 95.1. Laurel Lake is made up of homes that are considered relatively old with a median of 36 years. Topping the list of best schools in the city is Plush Elementary School.
Comments:

$110K  
With three homes sold in the Laurel Lake 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 seven new listings for buyers to choose from. Pricing in Laurel Lake remains consistent from last week to this week, with the median sales price at $19,900 again. Along with flat sales, a relatively high nine months of inventory indicates that Laurel Lake is a definite buyer's market.
Comments:

$110K  
With three homes sold in the Laurel Lake market over the last 30 days, we see no change from last week's numbers. However, eight new listings came into the market. The median sales price of all transactions in Laurel Lake did not budge this week, remaining at $19,900. Laurel Lake is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

$134K  
The Laurel Lake market slowed with a 33.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.2) with two homes sold. On the other hand, close-by Vineland registered 28 homes sold in the same time frame, the most of all surrounding cities. The median sales price jumped to $22,500 over the latest reporting period for Laurel Lake, up from $15,500. Along with the slip in sales, a relatively high 13 months of inventory indicates that Laurel Lake is a definite buyer's market.
Comments:

$115K  
The Laurel Lake market showed healthy signs this week as sales rose 100.0% to reach two homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, Vineland had 22 sales, the most of all cities in the area. The median sales price dropped to $22,250, extending a four-week long spiral. Laurel Lake is still a strong buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
Comments:

$110K  
With one home sold in the Laurel Lake market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with two new listings for buyers to choose from. The median sales price of all transactions in Laurel Lake did not budge this week, remaining at $15,000. With no movement in sales and the availability of 24 months of inventory, Laurel Lake is a definite buyer's market.
Comments:

$134K  
Laurel Lake is a smaller-than-average city in New Jersey with 2,989 residents. Also, it has seen a 3.9% increase in population over the last 10 years. It should be noted that at 60.5%, most people own their homes in Laurel Lake. The top school in the city is Plush Elementary School.
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