Over the last 30 days, an established downward trend of new sellers coming into the New Kent County market continued, with 37 listings in this week's report. Meanwhile, sales fell, with 29 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $232,000, down from last week's $233,500. With decreasing sales and the availability of seven months of inventory, New Kent County is a definite buyer's market.
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