$469K  
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.
Comments:

$499K  
This week in the Colonial Beach market, sales fell to five homes sold over the last 30 days, coinciding with a determined downward trend in price reductions, with five in the same time frame. Prices are falling in Colonial Beach, and this period the median price of all sales fell from $204,950 to $114,950. Along with the slip in sales, a relatively high 12 months of inventory indicates that Colonial Beach is a definite buyer's market.
Comments:

$149K  
The Colonial Beach market showed strong improvement in this week's report, as the number of home sales rose 40.0%, pushing the total to seven homes sold over the last 30 days. To put it in perspective, close-by St. Charles registered 64 homes sold in the same time frame, the most of all surrounding cities. Pricing in Colonial Beach remains consistent from last week to this week, with the median sales price at $204,950 again. Even after the uptick in sales, an elevated 10 months of inventory tells us that Colonial Beach is still a strong buyer's market.
Comments:

$699K  
With 3,542 residents, Colonial Beach is a larger than average city in Virginia. Also, with a 13.2% increase over the last 10 years, its population is growing faster than other parts of the state. With a median age of 36 years, homes in Colonial Beach tend to be relatively old. The top school in the city is Colonial Beach Elementary School.
Comments:

$120K  
A six-week rough patch for the overall sales trend continues in the Colonial Beach market, with the number of sales staying even at five over the last 30 days. The median sales price in Colonial Beach stayed put this week at $204,950. A downturn in sales, coupled with the availability of 13 months of inventory, prove that Colonial Beach is a strong buyer's market.
Comments:

$229K  
A five-week downturn in the number of homes sold was extended this week after the Colonial Beach market had five transactions over the last 30 days. With seven price reductions, the lowest amount since March, the market may be shedding discounts. In comparison, St. Charles led all other nearby municipalities with 55 price reductions. The median sales price dropped to $204,950, down from last week's $204,975. Despite the uptick in sales, there are still 13 months of inventory left to work through, meaning Colonial Beach is still a definite buyer's market.
Comments:

$195K  
With four homes sold in the Colonial Beach 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 nine new listings for buyers to choose from. The median sales price rose to $204,975, up from last week's $182,450. With no movement in sales and the availability of 17 months of inventory, Colonial Beach is a definite buyer's market.
Comments:

$109K  
The Colonial Beach market may be experiencing a determined pullback as sales slumped again this week by 40.0% to three homes sold over the last 30 days. While sales were soft, months of inventory hit 29, extending an upward trend to eight weeks. The downward trend in sales numbers and the high inventory indicate that Colonial Beach is still a strong buyer's market.
Comments:

$695K  
With an emerging downward trend in sellers reducing price, including 15 markdowns over the last 30 days, sales in the Colonial Beach market remained the same with five over the same stretch of time. Potential buyers should note that prices went up in Colonial Beach, with the median for this period rising from $200,000 to $205,000. Colonial Beach is a definite buyer's market, due to a big 17 months of inventory left and aided by the flat sales.
Comments:

$699K  
Colonial Beach is a small city in Virginia with a median income of $44,667 per household. Besides being somewhat affluent, its population is much younger than others with a median age of 46 years. The Colonial Beach market is primarily made up of detached houses, which currently account for 89% of the homes for sale in the area. Topping the list of best schools in the city is Colonial Beach Elementary School.
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