$214K  
Sales in the Colonial Beach market fell to six homes sold over the last 30 days, while the number of sellers reducing their list prices reached eight, which continues a recent upward trend in price reductions. Prices are falling in Colonial Beach, and this period the median price of all sales fell from $187,450 to $167,750. Colonial Beach is a definite buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$585K  
Home sales in the Colonial Beach market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 11.1% to eight homes sold over the last 30 days. Within the same time frame, St. Charles had 47 sales, the most of all cities in the area. Months of inventory continued a steady fall, trending downwards for eight weeks to reach seven months. Colonial Beach is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$695K  
This week saw another record in a three-week trend in sales growth for the Colonial Beach market. It resulted in nine homes selling over 30 days, which is a 12.5% jump from last week's number and also the highest amount since November. In comparison, St. Charles had 42 sales in the same time frame, the most of all nearby municipalities. Prices are rising in Colonial Beach, and the median sales price this period increased from $187,450 to $189,900.
Comments:

$585K  
Over the last 30 days, the Colonial Beach market had a lift in home sales with eight. But as sales edged up, the number of pending transactions continued to decline, with a total of seven contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price in Colonial Beach stayed put this week at $187,450. Colonial Beach is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
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 86% of the homes for sale in the area. The best school in the city is Colonial Beach Elementary School.
Comments:

$279K  
The number of home sales in the Colonial Beach market climbed 20.0% to six homes over the last 30 days, coming close to the 7.9 monthly average for the last 12 months. At the same time, close-by St. Charles reported 32 home sales, the highest number from all the surrounding cities. The median sales price rose to $187,450 over the latest reporting period for Colonial Beach, up from $179,000. Even after the uptick in sales, an elevated 11 months of inventory tells us that Colonial Beach is still a definite buyer's market.
Comments:

$699K  
The Colonial Beach market remained sluggish with five homes sold in the last 30 days, a 16.7% sales drop. On the other hand, close-by St. Charles registered 41 homes sold in the same time frame, the most of all surrounding cities. Months of inventory continued a steady fall, trending downwards for four weeks to reach 12 months. With decreasing sales and the availability of so much inventory, Colonial Beach is a solid buyer's market.
Comments:

$469K  
The Colonial Beach market saw three homes go under contract and failed to break out of a recent downward trend. Despite that, total home sales inched up to six over the last 30 days. The median sales price jumped to $149,500, up from last week's $114,950. Colonial Beach 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:

$499K  
This week in the Colonial Beach market, sales fell to five homes sold over the last 30 days, coinciding with a determined downward trend in price reductions, with five in the same time frame. Prices are falling in Colonial Beach, and this period the median price of all sales fell from $204,950 to $114,950. Along with the slip in sales, a relatively high 12 months of inventory indicates that Colonial Beach is a definite buyer's market.
Comments:

$149K  
The Colonial Beach market showed strong improvement in this week's report, as the number of home sales rose 40.0%, pushing the total to seven homes sold over the last 30 days. To put it in perspective, close-by St. Charles registered 64 homes sold in the same time frame, the most of all surrounding cities. Pricing in Colonial Beach remains consistent from last week to this week, with the median sales price at $204,950 again. Even after the uptick in sales, an elevated 10 months of inventory tells us that Colonial Beach is still a strong buyer's market.
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