$239K  
Home sales in the Luray market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 33.3% to four homes sold over the last 30 days. Within the same time frame, Front Royal had 18 sales, the most of all cities in the area. The median sales price in Luray stayed put this week at $173,450. Luray is a strong buyer's market, due to a big 18 months of inventory left and aided by the dip in sales.
Comments:

$162K  
The Luray market got good news in this week's report, as the number of home sales rose 20.0%, pushing the total to six homes sold over the last 30 days. Within the same time frame, Front Royal had 16 sales, the most of all cities in the area. Prices are rising in Luray, and the median sales price this period increased from $152,500 to $173,450. Even after the uptick in sales, an elevated 11 months of inventory tells us that Luray is still a definite buyer's market.
Comments:

$415K  
The Luray market saw sales remain flat this week with four homes sold over the last 30 days but new listings shrank to nine. The median sales price climbed to $153,500, up from last week's $120,750. Luray is a strong buyer's market, due to a big 16 months of inventory left and aided by the flat sales.
Comments:

$239K  
The Luray market remained soft this week as sales slid 20.0% to land at four homes sold over the last 30 days. Within the same time frame, Front Royal had 14 sales, the most of all cities in the area. Months of inventory rose to 15 this period, its highest point since March. Luray is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

With 4,895 residents, Luray is a larger than average city in Virginia. Also, with a 0.5% increase over the last 10 years, its population is growing faster than other parts of the state. Keep in mind, most people in Luray own their homes, with a 57.0% ownership ratio. The top school in the city is Luray Elementary School.
Comments:

$259K  
In this week's report, the number of homes sold in the Luray market dropped to four over the past 30 days. It marked a decrease of 20.0% from last week's report and a fall below the monthly average. In comparison, nearby Front Royal had 17 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $120,750 over the latest reporting period for Luray, up from $111,500. Luray is a solid buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

$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.
Comments:

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.
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