$369K  
The Colonial Beach market lost steam with a 31.2% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (10.1) with 11 homes sold. On the other hand, close-by St. Charles registered 63 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Colonial Beach, with the median for this period rising from $181,450 to $183,000. Colonial Beach is a strong buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

$369K  
In this week's report, the number of homes sold in the Colonial Beach market dropped to 16 over the past 30 days, a decrease of 11.1% from last week's report, but still above the monthly average. Meanwhile, close-by St. Charles reported 53 homes sales, the highest number from all the surrounding cities. Prices are falling in Colonial Beach, and this period the median price of all sales fell from $187,000 to $181,450. Colonial Beach is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$499K  
Sales remained steady from last week to this week, with 18 homes sold in the Colonial Beach market over the last 30 days. However, a recent downturn in the number of pending transactions continued, with 14 completed in the same period. Potential buyers should note that prices went up in Colonial Beach, with the median for this period rising from $182,450 to $187,000.
Comments:

$499K  
The number of home sales in the Colonial Beach market climbed 23.1% to 16 homes over the last 30 days. In comparison, nearby St. Charles had 75 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $187,000 over the latest reporting period for Colonial Beach, up from $185,000.
Comments:

With 3,542 residents, Colonial Beach is a larger than average city in Virginia. Also, with a 13.2% increase over the last 10 years, its population is growing faster than other parts of the state. Colonial Beach is made up of homes that are relatively old with a median of 36 years. The best school in the city is Colonial Beach Elementary School.
Comments:

$499K  
There have been 13 homes sold in the Colonial Beach market over the last 30 days. During the same period, the number of new listings totaled 19, the fewest since April. In comparison, St. Charles had 64 new listings in the same time frame, the most of all nearby cities. Pricing in Colonial Beach remains consistent from last week to this week, with the median sales price at $185,000 again. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Colonial Beach is still a strong buyer's market.
Comments:

$349K  
The Colonial Beach market looked active in this week's report, as the number of home sales rose 10.0%, pushing the total to 11 homes sold over the last 30 days. In comparison, nearby St. Charles had 81 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $185,000 over the latest reporting period for Colonial Beach, up from $169,900. Colonial Beach is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of nine months of remaining inventory.
Comments:

$389K  
In this week's report, the number of homes sold in the Colonial Beach market sank to 10 over the past 30 days, a decrease of 28.6% from last week's report, but still above the monthly average. Meanwhile, close-by St. Charles reported 77 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $169,900, down from last week's $187,500. Colonial Beach is a definite buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

$515K  
The number of homes coming into the Colonial Beach market fell to 22 listings over the last 30 days, while sales remained right where they were as once again 14 homes were sold over the same period. Potential buyers should note that prices went up in Colonial Beach, with the median for this period rising from $174,999 to $187,500. Colonial Beach is a solid buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
Comments:

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 homes, currently accounting for 82% overall. Topping the list of best schools in the city is Colonial Beach Elementary School.
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