$139K  
With four homes sold in the Luray 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 eight new listings for buyers to choose from. Pricing in Luray remains consistent from last week to this week, with the median sales price at $136,950 again. Luray is a definite buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
Comments:

$129K  
The Luray market is remaining active, and while sales this week came in at four homes sold over the last 30 days, new listings are at the highest they've been since November. During the same time frame, Front Royal had the most new listings of any other neighboring municipalities with 29. The median sales price dropped to $136,950, down from last week's $168,000. Along with the upward trend in new listings, there are 10 months of inventory left to work through, meaning Luray is a strong buyer's market.
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Luray has a cost of living adjustment score of 99.1, which is average when compared to others in Virginia. Also, the area is considered somewhat affluent with a median income of $45,813 per household. Luray is made up of homes that are considered older than most with a median of 45 years. Topping the list of best schools in the city is Luray Elementary School.
Comments:

$449K  
The Luray market extended a six-week hot streak this week, extended as sales rose to five homes sold over the last 30 days. Prices are falling in Luray, and this period the median price of all sales fell from $171,500 to $168,000. Luray is a still definite buyer's market, in spite of the rising sales numbers, due to the availability of seven months of remaining inventory.
Comments:

$289K  
The Luray market slowed with a 20.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.5 monthly average with four homes sold. On the other hand, close-by Front Royal registered 17 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Luray, and the median sales price this period increased from $168,000 to $171,500. Luray is a strong buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$179K  
The Luray market saw sales remain consistent with five homes sold over the last 30 days and is also under a recent downward trend in the number of contracts closing, with this week's number falling to four. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Pricing in Luray remains consistent from last week to this week, with the median sales price at $168,000 again. A downturn in contracts, coupled with the availability of seven months of inventory, prove that Luray is a definite buyer's market.
Comments:

$449K  
The Luray market extended a three-week hot streak this week, extended as sales rose to five homes sold over the last 30 days. The median sales price climbed to $168,000 over the latest reporting period for Luray, up from $161,500. Luray is a still definite buyer's market with seven months of remaining inventory, even with the rising sales numbers.
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$169K  
The Luray market closed in on its 12-month sales average this week with four homes sold over the last 30 days. Within the same time frame, Woodstock had 12 sales, the most of all cities in the area. Potential buyers should note that prices went up in Luray, with the median for this period rising from $139,000 to $161,500. Luray is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
Comments:

$425K  
Luray is a larger than average city in Virginia with 4,895 residents. Also, it has seen a 0.5% increase in population over the last 10 years. With an ownership ratio of 57.0%, most people in Luray are homeowners. Heading the list of top schools in the city is Luray Elementary School.
Comments:

$425K  
Over the last 30 days, the Luray market picked up with two homes sold. Within the same time frame, Front Royal had 13 sales, the most of all cities in the area. Potential buyers should note that prices went up in Luray, with the median for this period rising from $130,000 to $139,000. Despite the uptick in sales, there are still 16 months of inventory left to work through, meaning Luray is still a definite buyer's market.
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