$186K  
The number of price cuts in the Warsaw market climbed to six over the last 30 days, furthering a new positive trend. Perhaps due to the decreases in list prices, sales increased to three homes sold. The median sales price rose to $271,000 over the latest reporting period for Warsaw, up from $265,000. The rising sales and a low two months of inventory point to Warsaw being a solid seller's market.
Comments:

$197K  
The number of homes coming into the Warsaw market stayed firm with four listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price has been increasing as it hit $265,000, extending a four-week long spike. Warsaw is a strong buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
Comments:

$169K  
In this week's report, the number of homes sold in the Warsaw market sank to one over the past 30 days, a decrease of 80.0% from last week's report, but still above the monthly average. Meanwhile, close-by Chesapeake Ranch Estates-Drum Point reported 26 homes sales, the highest number from all the surrounding cities. The median sales price remained unchanged over the latest reporting period for Warsaw, coming in at $265,000. With decreasing sales and the availability of eight months of inventory, Warsaw is a definite buyer's market.
Comments:

Warsaw is an average-sized city in Virginia with 1,512 residents. Also, it has a lower than average density with 494.2 people per square mile. Warsaw has an home ownership ratio of 49.2% and a renting ratio of 40.0%. The best school in the city is Richmond County Int..
Comments:

$171K  
With four homes sold in the Warsaw market over the last 30 days, we see no change from last week's numbers. However, one new listing came into the market. The median sales price remained unchanged over the latest reporting period for Warsaw, coming in at $245,000. Despite the flat sales, a relatively low two months of inventory remaining indicates that Warsaw is a definite seller's market.
Comments:

$169K  
The number of homes coming into the Warsaw market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. The median sales price of all transactions in Warsaw did not budge this week, remaining at $245,000. In spite of flat sales, a low one month of inventory signals that Warsaw is a solid seller's market.
Comments:

$169K  
Sales in the Warsaw market rose to four homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with zero price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The rising sales and a low one month of inventory point to Warsaw being a definite seller's market.
Comments:

$190K  
The Warsaw market was quiet this week as no sales were reported over the previous 30 days. Warsaw usually averages 0.3 sales per month.
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$174K  
With a determined upward trend of new sellers listing homes, including five over the last 30 days, and sales that remained the same at two in that same time frame, the Warsaw market will be steady. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Pricing in Warsaw remains consistent from last week to this week, with the median sales price at $164,000 again. There are only two months of inventory available in Warsaw, so it's a definite seller's market, even if sales are flat.
Comments:

$169K  
The population of Warsaw is somewhat affluent compared to others in Virginia with a median income of $47,118 per household. It's also considered an average city in terms of affordability with a cost of living adjustment score of 101.1. Homes in Warsaw are relatively old with a median age of 39 years. The best school in the city is Richmond County Int..
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