New Downward Trend in Contracts for Colonial Beach Real Estate Market

The Colonial Beach market saw three homes go under contract and failed to break out of a recent downward trend. Despite that, total home sales inched up to six over the last 30 days. The median sales price jumped to $149,500, up from last week's $114,950. Colonial Beach is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 10 months of remaining inventory.

Trying to find a home in Colonial Beach that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$469K   $545K   $499K  

Get started right now by checking out Colonial Beach homes for sale or reviewing Colonial Beach real estate trends.

Demographic facts about Colonial Beach:

  • This area has an average elevation of 3 feet.
  • The median income is $44,667 per household.
  • For every counselor there are 144 students in this area. (513 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Horizon Real Estate Inc.
Snapped 1 home in this area
Realty Management Group
Snapped 2 homes in this area
Weichert, REALTORS
Snapped 1 home in this area

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