While home sales in the Groveton market have been above average, in this week's report they slid 14.8% to 23 homes sold over the last 30 days. In comparison, nearby Washington had 594 sales in the same time frame, the most of all neighboring cities. Prices are rising in Groveton, and the median sales price this period increased from $399,999 to $424,900. In spite of the decrease in sales, a low two months of inventory signals that Groveton is a definite seller's market.
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