$118K  
The Tappahannock market reported another in a series of 30-day periods with zero home sales. Tappahannock usually averages 1.1 sales per month.
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$449K  
Typically, Tappahannock accounts for 1.1 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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$650K  
Once again, no deals were completed in the Tappahannock market over the last 30 days. Tappahannock is used to having 1.2 sales per month.
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Tappahannock is a somewhat affluent city in Virginia with a median income of $49,297 per household. The population is also considered older than most with a median age of 37 years. Keep in mind, 37.6% of the homes in Tappahannock are owned, while 49.6% are rented. Topping the list of best schools in the city is Essex High School.
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$179K  
The Tappahannock market reported zero sales over the last 30 days. Tappahannock usually averages 1.2 sales per month.
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$650K  
While home sales in the Tappahannock market have been above average, in this week's report they dropped 33.3% to two homes sold over the last 30 days. Meanwhile, close-by Mechanicsville reported 75 homes sales, the highest number from all the surrounding cities. The median sales price of all transactions in Tappahannock did not budge this week, remaining at $230,000. Tappahannock is a strong buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
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$650K  
More sellers put their homes up for sale in the Tappahannock market over the last 30 days and the number of new listings spiked this week to five. Home sales remained unchanged from the prior period and once again three homes were sold. Pricing in Tappahannock remains consistent from last week to this week, with the median sales price at $230,000 again. Tappahannock is a definite buyer's market, due to a big nine months of inventory left and aided by the flat sales.
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$650K  
Over the last 30 days, one home went under contract in the Tappahannock market, the lowest amount since April. However, sales are heading upward, climbing to three homes sold over the same period, and extending a three-week upward trend. When comparing other close-by municipalities within the same period, the most came from Mechanicsville with 67 contracts executed. Furthermore, a three-week upward trend in sales is expected to come to an end over the coming weeks. As contracts found a new bottom, prices found a top, with the average selling price rising to $230,000, a nine-month high. Tappahannock is still a solid buyer's market, even with the rising prices, due to the downward trend in sales numbers and a large nine months of inventory available.
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$650K  
The Tappahannock market was active in this week's report, as the number of home sales jumped 50.0%, pushing the total to six homes sold over the last 30 days. Within the same time frame, Mechanicsville had 69 sales, the most of all cities in the area. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose dramatically to $203,000 this week.
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Tappahannock is a city that is growing faster than others in Virginia at a 10-year growth rate of 21.9%. It also has an average-sized population of 2,375 people. Tappahannock is made up of homes that are relatively old with a median of 36 years. The best school in the city is Essex High School.
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