$589K  
Over the last 30 days, an established upward trend of new sellers coming into the Essex County market continued, with 19 listings in this week's report. Meanwhile, sales have ticked up as well, with 13 homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are rising in Essex County, and the median sales price this period increased from $200,000 to $225,000.
Comments:

$549K  
The Essex County market caught fire this week and remained above its average as sales spiked 100.0% to reach 12 homes sold over the last 30 days. To put it in perspective, close-by Charles County registered 231 home sales in the same period, the most of all surrounding counties. The median sales price rose dramatically to $200,000 over the latest reporting period for Essex County, up from $139,500. Essex County is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$549K  
Essex County has a younger population than other areas in Virginia with a median age of 43 years. It is also somewhat affluent with a median income of $49,404 per household. Its three largest zip codes are 22560, 22454, and 23148. Detached homes account for 85% of the area's current housing market. Topping the list of best schools in the county is Essex High School.
Comments:

$214K  
There have been five homes sold in the Essex County market over the last 30 days. During the same period, there were 23 new listings posted, the most since March. In comparison, Charles County led all other nearby counties with 250 new listings. Prices are falling in Essex County, and this period the median price of all sales fell from $400,000 to $140,000. The rise in new listings and high 16 months of remaining inventory tell us Essex County is a definite buyer's market.
Comments:

$199K  
Over the last 30 days, a recent upward trend of new sellers coming into the Essex County market continued, with 18 listings in this week's report. Meanwhile, sales remained flat, with two homes selling during the same period. The median sales price jumped to $510,000 over the latest reporting period for Essex County, up from $286,000. Essex County is a strong buyer's market, thanks to a big 38 months of inventory to choose from and the flat sales.
Comments:

$349K  
Sales fell this week to two homes sold in the Essex County market over the last 30 days. However, a three-week positive trend for contracts was extended, with 12 pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price jumped to $286,000 over the latest reporting period for Essex County, up from $220,000. Essex County is a definite buyer's market, thanks to a big 39 months of inventory to choose from and a pullback in sales.
Comments:

$129K  
With seven homes sold in the Essex County market over the last 30 days, we see no change from last week's numbers. However, 17 new listings came into the market. Pricing in Essex County remains consistent from last week to this week, with the median sales price at $220,000 again. Along with flat sales, a relatively high 10 months of inventory indicates that Essex County is a definite buyer's market.
Comments:

$129K  
While home sales in the Essex County market have been above average, in this week's report they dropped 12.5% to seven homes sold over the last 30 days. Within the same time period, Charles County had 221 sales, the most of all counties in the area. Prices are rising in Essex County, and the median sales price this period increased from $215,000 to $220,000. With decreasing sales and the availability of 10 months of inventory, Essex County is a strong buyer's market.
Comments:

$549K  
Essex County is a county that is growing faster than others in Virginia at a 10-year growth rate of 11.6%. It also has a small population of 11,151 people. 22560, 22454, and 23148 are its three most populated zip codes. Homes in Essex County are relatively old with a median age of 32 years. Heading the list of top schools in the county is Essex High School.
Comments:

$549K  
The number of sellers reducing prices in the Essex County market trended up to 12 over the last 30 days, extending a three-week streak. During the same period, eight sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Pricing in Essex County remains consistent from last week to this week, with the median sales price at $215,000 again. Essex County is a definite buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:
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