$575K  
The Colonial Beach market pulled back with a 5.9% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (8.2) with 16 homes sold. On the other hand, close-by St. Charles registered 73 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Colonial Beach, with the median for this period rising from $199,000 to $207,500.
Comments:

$274K  
Sales in the Colonial Beach market rose to 17 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with 21 price reductions in the same time frame. As the number of sellers reducing price trended lower, months of inventory still continued to fall, trending downwards for four weeks to reach six months.
Comments:

$719K  
Over the last 30 days, a confirmed downward trend of new sellers coming into the Colonial Beach market continued, with 11 listings in this week's report. Meanwhile, sales rose, with 14 homes selling during the same period. Prices are rising in Colonial Beach, and the median sales price this period increased from $194,000 to $199,500. Even after the uptick in sales, an elevated seven months of inventory tells us that Colonial Beach is still a definite buyer's market.
Comments:

$699K  
Colonial Beach has a much younger population than other areas in Virginia with a median age of 46 years. It is also somewhat affluent with a median income of $44,667 per household. 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:

$760K  
The Colonial Beach market blew up with a record high 13 homes sold in the last 30 days. Sales spiked 30.0% from the prior period, returning to a peak not reached since June. When comparing other close-by municipalities within the same period, the most came from St. Charles with 61 sales. Prices are rising in Colonial Beach, and the median sales price this period increased from $190,000 to $194,000. Even with the rising sales, with eight months of inventory available, Colonial Beach is a still solid buyer's market.
Comments:

$729K  
There have been 10 homes sold in the Colonial Beach market over the last 30 days. During the same period, the number of new listings totaled 13, the fewest since February. When comparing other close-by municipalities within the same period, the most came from St. Charles with 66 new listings. The median sales price dropped to $190,000, down from last week's $220,000. Colonial Beach is a still strong buyer's market with 10 months of remaining inventory, even with the rising contracts numbers.
Comments:

$699K  
The Colonial Beach market lost momentum with a 25.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (7.8) with nine homes sold. On the other hand, close-by St. Charles registered 68 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Colonial Beach, with the median for this period rising from $178,750 to $220,000. Along with the slip in sales, a relatively high 12 months of inventory indicates that Colonial Beach is a solid buyer's market.
Comments:

$199K  
Over the last 30 days, the Colonial Beach market looked very healthy with 12 homes sold, a 33.3% increase from last week's report. In comparison, nearby St. Charles had 65 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $178,750 over the latest reporting period for Colonial Beach, down from $189,950. Colonial Beach is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of nine months of remaining inventory.
Comments:

$172K  
The Colonial Beach market took a break this week as sales fell to nine homes sold over the last 30 days. However, the number of homes under contract shows a recent upward trend, and is now at 15. The median sales price dropped to $189,950, down from last week's $202,975. Colonial Beach is a definite buyer's market, due to a big 13 months of inventory left and aided by the dip in sales.
Comments:

$239K  
Colonial Beach is a city that is growing faster than others in Virginia at a 10-year growth rate of 13.2%. It also has a larger than average population of 3,542 people. Colonial Beach is made up of homes that are relatively old with a median of 36 years. Heading the list of top schools in the city is Colonial Beach Elementary School.
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