$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.
Comments:

$109K  
A six-week rough patch for the overall sales trend continues in the Colonial Beach market. Also, the actual number of sales dropped 44.4% over the last 30 days to five. Prices are rising in Colonial Beach, and the median sales price this period increased from $169,500 to $200,000. Colonial Beach is a strong buyer's market, due to a downward trend in sales numbers and 18 months of inventory remaining.
Comments:

$545K  
Sales fell to nine homes sold in the Colonial Beach market over the last 30 days. Furthermore, an extended downturn in the number of pending transactions continued, with five completed in the same period. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price climbed to $169,500, up from last week's $167,975. Colonial Beach is a definite buyer's market, due to a downward trend in contracts numbers and 10 months of inventory remaining.
Comments:

$199K  
While home sales in the Colonial Beach market have been above average, in this week's report they slid 23.1% to 10 homes sold over the last 30 days. Within the same time frame, St. Charles had 55 sales, the most of all cities in the area. Months of inventory continued a steady rise, trending upwards for four weeks to reach 10 months. Along with the slip in sales, the higher-than-normal inventory indicates that Colonial Beach is a solid buyer's market.
Comments:

$109K  
Despite a 9.1% jump in sales numbers this week to reach 12 homes sold over the last 30 days, the Colonial Beach market still shows a confirmed trend downward overall. The median sales price rose to $165,725, up from last week's $165,000. Even after the uptick in sales, an elevated eight months of inventory tells us that Colonial Beach is still a strong buyer's market.
Comments:

$165K  
Sales remained steady from last week to this week, with nine homes sold in the Colonial Beach market over the last 30 days. However, a determined downturn in the number of pending transactions continued, with 12 completed in the same period. The median sales price dropped to $127,500, down from last week's $169,900. Colonial Beach is a definite buyer's market, due to a downward trend in contracts numbers and 11 months of inventory remaining.
Comments:

$699K  
While home sales in the Colonial Beach market have been above average, in this week's report they dropped 10.0% to nine homes sold over the last 30 days. In comparison, nearby St. Charles had 66 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Colonial Beach, and for this period the median sales price slid from $217,475 to $169,900. With decreasing sales and the availability of 11 months of inventory, Colonial Beach is a definite buyer's market.
Comments:

$699K  
The population of Colonial Beach is growing faster than the rest of Virginia, at a 10-year growth rate of 13.2%. It's a larger than average city compared to the rest of the state, with 3,542 residents. With a median age of 36 years, homes in Colonial Beach tend to be relatively old. Topping the list of best schools in the city is Colonial Beach Elementary School.
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