$309K  
The Prince Edward County market saw eight homes go under contract, and failed to break out of an emerging downward trend. The market had total home sales of 10 over the last 30 days, maintaining last week's pace. The median sales price remained unchanged over the latest reporting period for Prince Edward County, coming in at $171,250.
Comments:

The Prince Edward County market was very busy this week as sales jumped 25.0% to hit 10 homes sold over the last 30 days. Within the same time period, Powhatan County had 50 sales, the most of all counties in the area. Potential buyers should note that prices went up in Prince Edward County, with the median for this period rising from $161,200 to $171,250.
Comments:

With 23,368 residents, Prince Edward County is an average-sized county in Virginia. Also, with 66.8 people per square mile, it has a lower than average density in comparison to other parts of the state. Its three largest cities are Farmville, Hampden-Sydney, and Pamplin City. With an ownership ratio of 52.8%, most people in Prince Edward County are homeowners. The top school in the county is Eureka Elementary School.
Comments:

The Prince Edward County market was active this week as sales spiked 60.0% to hit eight homes sold over the last 30 days. In comparison, nearby Powhatan County had 50 sales in the same time frame, the most of all neighboring counties. Prices are falling in Prince Edward County, and this period the median price of all sales fell from $164,900 to $161,200. Prince Edward County is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

A six-week rough patch for the overall sales trend continues in the Prince Edward County market, with the number of sales staying even at five over the last 30 days. Prices are falling in Prince Edward County, and this period the median price of all sales fell from $195,000 to $164,900. With a downward trend in sales numbers and 11 months of inventory still left to work through, Prince Edward County is a definite buyer's market.
Comments:

The Prince Edward County market was active in this week's report, as the number of home sales rose 25.0%, pushing the total to five homes sold over the last 30 days. At the same time, Powhatan County reported 54 home sales, the highest number from all the surrounding counties. The median sales price climbed to $195,000 over the latest reporting period for Prince Edward County, up from $187,450. Prince Edward County 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:

With four homes sold in the Prince Edward County 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 12 new listings for buyers to choose from. The median sales price dropped to $187,450, down from last week's $187,500. Prince Edward County is a strong buyer's market, due to a big 13 months of inventory left and aided by the flat sales.
Comments:

The Prince Edward County market may be experiencing a prolonged pullback, but sales managed an uptick this week of 100.0% to four homes sold over the last 30 days. While sales were soft, months of inventory hit 13, extending an upward trend to four weeks. Despite the uptick in sales, the large amount of remaining inventory indicates that Prince Edward County is still a solid buyer's market.
Comments:

Prince Edward County is a county in Virginia with a median income of $41,261 per household. Besides being less affluent than average, its population is much older than others with a median age of 31 years. Its three largest cities are Farmville, Hampden-Sydney, and Pamplin City. Detached homes account for 96% of the area's current housing market. Heading the list of top schools in the county is Eureka Elementary School.
Comments:

Sales fell this week to two homes sold in the Prince Edward 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. Prices are rising in Prince Edward County, and the median sales price this period increased from $165,000 to $187,500. Prince Edward County is a definite buyer's market, due to a big 24 months of inventory left and aided by the dip in sales.
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