$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.
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$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.
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$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.
Comments:

$162K  
The Luray market remained sluggish this week as sales dropped 50.0% to land at one home sold over the last 30 days. Meanwhile, close-by Front Royal reported 17 homes sales, the highest number from all the surrounding cities. Prices are falling in Luray, and this period the median price of all sales fell from $139,000 to $130,000. Luray is a strong buyer's market, thanks to a big 34 months of inventory to choose from and a pullback in sales.
Comments:

$425K  
The Luray market picked up this week with two homes sold over the last 30 days. To put it in perspective, close-by Front Royal registered 16 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Luray, and for this period the median sales price slid from $148,000 to $139,000. Even after the uptick in sales, an elevated 16 months of inventory tells us that Luray is still a definite buyer's market.
Comments:

$124K  
Sales numbers in the Luray market remain the same with one home sold over the last 30 days and the market still shows a solid trend downward overall. The median sales price in Luray stayed put this week at $148,000. Luray is a strong buyer's market with 30 months of inventory to choose from, aided by the downturn in sales.
Comments:

$425K  
Sales retained their current pace and came in at one home sold in the Luray market over the last 30 days. However, a three-week upward trend for contracts was extended, with five pending transactions in the same time frame. The median sales price in Luray stayed put this week at $148,000. With no movement in sales and the availability of 32 months of inventory, Luray is a definite buyer's market.
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