$299K  
The Madison County market remained slow with eight homes sold in the last 30 days, a 20.0% sales drop. Within the same time period, Warren County had 47 sales, the most of all counties in the area. Prices are falling in Madison County, and this period the median price of all sales fell from $229,750 to $221,000. With decreasing sales and the availability of 12 months of inventory, Madison County is a solid buyer's market.
Comments:

$825K  
Over the last 30 days, the Madison County market got good news with 10 homes sold. It marks a 25.0% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. To put it in perspective, close-by Warren County registered 54 home sales in the same period, the most of all surrounding counties. The median sales price climbed to $229,750, up from last week's $205,000. Madison County is still a solid buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
Comments:

$499K  
Over the last 30 days, an emerging upward trend of new sellers coming into the Madison County market continued, with 21 listings in this week's report. Meanwhile, sales have fallen, with eight homes selling during the same period. Potential buyers should note that prices are coming down in Madison County, and for this period the median sales price slid from $227,500 to $205,000. Madison County is a solid buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$2.2M  
The Madison County market showed strong improvement in this week's report, as the number of home sales rose 80.0%, pushing the total to nine homes sold over the last 30 days. To put it in perspective, close-by Shenandoah County registered 49 home sales in the same period, the most of all surrounding counties. The median sales price remained unchanged over the latest reporting period for Madison County, coming in at $227,500. Even after the uptick in sales, an elevated 11 months of inventory tells us that Madison County is still a definite buyer's market.
Comments:

$299K  
Madison County is a county that is growing faster than others in Virginia at a 10-year growth rate of 6.3%. It also has a smaller-than-average population of 13,308 people. 22701, 22960, and 22973 are the three largest zip codes in terms of population. Madison County is made up of homes that are considered relatively old with a median of 33 years. Heading the list of top schools in the county is Madison County High School.
Comments:

$299K  
Sales in the Madison County market fell to five homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with nine price reductions in the same time frame. Prices are rising in Madison County, and the median sales price this period increased from $179,500 to $227,500. Madison County is a strong buyer's market, due to a big 19 months of inventory left and aided by the dip in sales.
Comments:

$110K  
The Madison County market continues to experience an extended weakening as sales slumped again this week by 14.3% to six homes sold over the last 30 days. All indications show that the trend should continue, meaning less sales over the next few weeks. The median sales price dropped to $179,500, down from last week's $190,000. With a downward trend in sales numbers and 16 months of inventory still left to work through, Madison County is a strong buyer's market.
Comments:

$110K  
Hitting a record low dating back to April, seven homes were sold in the Madison County market over the last 30 days. This represents a 12.5% decrease and comes on top of an eight-week steady downturn in sales activity. In comparison, Culpeper County had 62 sales in the same time frame, the most of all nearby counties. At the same time that sales reached a new bottom, months of inventory expectedly rose to 13, its highest point since April. Madison County is still a definite buyer's market, due to the downward trend in sales numbers and the large amount of inventory.
Comments:

$115K  
Sales in the Madison County market fell to eight homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 14 price reductions in the same time frame. While price reduction numbers fell, sale prices dropped as well. This week's reported median sales price of $165,000 continued a four-week downward trend. Madison County is a strong buyer's market, due to falling prices and a large 12 months of inventory left.
Comments:

$299K  
Madison County is a somewhat affluent county in Virginia with a median income of $49,470 per household. The population is also considered much younger than most with a median age of 44 years. 22701, 22960, and 22973 are the three largest zip codes in terms of population. It should be noted that at 66.7%, most people own their homes in Madison County. Heading the list of top schools in the county is Madison County High School.
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