$229K  
The number of home sales in the Culpeper market rose 9.1% to 24 homes over the last 30 days, exceeding the 22.5 monthly average for the last 12 months. In comparison, nearby Linton Hall had 64 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that there are now four months of inventory available in Culpeper and prices have come down. The median sales price dropped to $249,250.
Comments:

$329K  
The Culpeper market pulled back with a 23.1% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 22.4 monthly average with 20 homes sold. Within the same time frame, Linton Hall had 68 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 climbed to $272,450 this week.
Comments:

Culpeper is a larger than average city in Virginia with 16,379 residents. Also, it has seen a 64.0% increase in population over the last 10 years. The Culpeper market almost exclusively consists of detached houses, accounting for 91% of the current homes in the area. Heading the list of top schools in the city is Farmington Elementary School.
Comments:

$449K  
The Culpeper market will be less intense in the coming weeks. Sales rose this week to 25 homes sold over the last 30 days, and there is an identifiable downward trend in the number of new listings, with 31 going live in the same time frame. The median sales price in Culpeper rose to $254,900 while months of inventory was flat at four.
Comments:

$449K  
While home sales in the Culpeper market have been above average, in this week's report they slid 4.0% to 24 homes sold over the last 30 days. On the other hand, close-by Linton Hall registered 77 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $244,750, potentially helping to offset the four months of inventory left to be sold.
Comments:

$265K  
There were 24 homes sold in the Culpeper market over the last 30 days on top of a record 34 contracts executed. It is the most since March and could be a sign that the market may improve. During the same time frame, Linton Hall had the most contracts executed of any other neighboring municipalities with 67. There are four months of inventory remaining in Culpeper, and the market is swinging toward the buyer, especially since the median sales price dropped to $253,500 this week.
Comments:

$399K  
While home sales in the Culpeper market have been above average, in this week's report they dropped 4.0% to 24 homes sold over the last 30 days. On the other hand, close-by Linton Hall registered 61 homes sold in the same time frame, the most of all surrounding cities. The median sales price climbed to $263,500, and there are a fairly average four months of inventory left to be sold.
Comments:

$339K  
This week in the Culpeper market, sales fell to 21 homes sold over the last 30 days, even as it endures a solid upward trend in price reductions, with 30 reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While the number of price reductions trended higher, months of inventory is on a four-week upswing, this week hitting four months.
Comments:

Culpeper is a somewhat affluent city in Virginia with a median income of $53,551 per household. The population is also considered much older than most with a median age of 32 years. Culpeper is an area where 48.5% of the homes are owned, while 43.6% are rented. The best school in the city is Farmington Elementary School.
Comments:

$355K  
In this week's report, the number of homes sold in the Culpeper market dropped to 24 over the past 30 days, a decrease of 7.7% from last week's report, but still above the monthly average. In comparison, nearby Linton Hall had 52 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $213,100 over the latest reporting period for Culpeper, down from $214,850. With only three months of inventory to sell, Culpeper is a seller's market, in spite of the dip in sales.
Comments:
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