$169K  
While home sales in the Newport market have been better than usual, in this week's report they fell 5.6% to 17 homes sold over the last 30 days. Prices are falling in Newport, and this period the median price of all sales fell from $188,000 to $185,000. There are only three months of inventory available in Newport, so it's a seller's market, even with the decrease in sales.
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$175K  
The number of home sales in the Newport market rose 12.5% to 18 homes over the last 30 days, above the 2.8 monthly average. The median sales price rose dramatically to $188,000 over the latest reporting period for Newport, up from $121,500. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Newport is a seller's market.
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$117K  
This week in the Newport market, sales rose to 15 homes sold over the last 30 days, which might be due in part to a new upward trend in price reductions, with 27 being reported in the same time frame. As the lowering of listing prices trended higher, sale prices themselves have been falling. The median sales price dropped to $120,000, extending a four-week long spiral. With just three months of inventory available and sales going up, Newport is a seller's market.
Comments:

$600K  
In this week's report, the number of homes sold in the Newport market sank to 12 over the past 30 days, a decrease of 29.4% from last week's report, but still above the monthly average. Prices are falling in Newport, and this period the median price of all sales fell from $87,000 to $76,050. In spite of the decrease in sales, a low three months of inventory signals that Newport is a seller's market.
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$395K  
The number of home sales in the Newport market jumped 30.8% to 17 homes over the last 30 days, above the 1.9 monthly average. Months of inventory continued to fall, hitting a three-month low at two months. The rise in sales and low inventory point to Newport being a solid seller's market.
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$160K  
The Newport market slowed with a 7.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.6) with 12 homes sold. The median sales price climbed to $88,500 over the latest reporting period for Newport, up from $87,000. With only three months of inventory to sell, Newport is a seller's market, in spite of the dip in sales.
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$209K  
Over the last 30 days, the Newport market made solid gains with 13 homes sold, a 62.5% increase from last week's report. Months of inventory continued a steady fall, trending downwards for four weeks to reach three months. The rise in sales and low inventory point to Newport being a seller's market.
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$299K  
The Newport market slowed with a 16.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.9) with five homes sold. The median sales price rose dramatically to $143,750 over the latest reporting period for Newport, up from $115,375. Newport is a strong buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
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$1.5M  
The Newport market showed gains in this week's report, as the number of home sales shot up 25.0%, pushing the total to five homes sold over the last 30 days. The median sales price continued to rise, trending upwards for eight weeks to reach $143,750. Newport is still a definite buyer's market, in spite of the rise in prices, thanks to the availability of seven months of remaining inventory.
Comments:

$1.5M  
The Newport market might be cooling off in the coming weeks. Sales fell this week to four homes sold over the last 30 days, and there is a recent downward trend in the number of new listings, with 25 going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price rose dramatically to $178,125, up from last week's $143,750. Newport is a definite buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
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