$190K  
The Warsaw market pulled back this week but was still better than normal as sales dropped 66.7% to one home sold over the last 30 days. In comparison, nearby Chesapeake Ranch Estates-Drum Point had 26 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Warsaw, and for this period the median sales price slid from $271,000 to $165,000.
Comments:

$190K  
The Warsaw market was active in this week's report, as the number of home sales climbed 50.0%, pushing the total to three homes sold over the last 30 days. At the same time, close-by Chesapeake Ranch Estates-Drum Point reported 27 home sales, the highest number from all the surrounding cities. Pricing in Warsaw remains consistent from last week to this week, with the median sales price at $271,000 again. The rising sales and a low two months of inventory point to Warsaw being a strong seller's market.
Comments:

$175K  
Sales numbers in the Warsaw market remain the same with two homes sold over the last 30 days and the market still shows a confirmed trend downward overall. The median sales price remained unchanged over the latest reporting period for Warsaw, coming in at $271,000. There are only three months of inventory available in Warsaw, so it's still seller's market, even with the shrinking sales numbers.
Comments:

Warsaw has a cost of living adjustment score of 101.1, which is average when compared to others in Virginia. Also, the area is considered somewhat affluent with a median income of $47,118 per household. Warsaw is made up of homes that are relatively old with a median of 39 years. The top school in the city is Richmond County Int..
Comments:

$190K  
While home sales in the Warsaw market have been better than usual, in this week's report they fell 33.3% to two homes sold over the last 30 days. On the other hand, close-by Chesapeake Ranch Estates-Drum Point registered 27 homes sold in the same time frame, the most of all surrounding cities. The median sales price in Warsaw stayed flat at $271,000 while months of inventory shot up to four.
Comments:

$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:
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