$149K  
The Shenandoah market saw five homes go under contract, and failed to break out of a confirmed downward trend. The market had total home sales of four over the last 30 days, maintaining last week's pace. The median sales price remained unchanged over the latest reporting period for Shenandoah, coming in at $134,900. With a downward trend in contracts numbers and eight months of inventory still left to work through, Shenandoah is a definite buyer's market.
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$229K  
The Shenandoah market was solid this week as sales rose 33.3% to hit four homes sold over the last 30 days. Within the same time frame, Harrisonburg had 35 sales, the most of all cities in the area. The median sales price dropped to $134,900 over the latest reporting period for Shenandoah, down from $146,900. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Shenandoah is still a definite buyer's market.
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$258K  
The Shenandoah market broke below its 12-month average sales volume this week as sales fell 33.3% to hit two homes sold over the last 30 days. Meanwhile, close-by Harrisonburg reported 36 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Shenandoah, with the median for this period rising from $115,000 to $134,900. Along with the slip in sales, a relatively high 16 months of inventory indicates that Shenandoah is a definite buyer's market.
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Shenandoah is an average-sized city in Virginia with 2,373 residents. Its population is also growing faster than others at a 10-year growth rate of 0.6%. The Shenandoah market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. Heading the list of top schools in the city is Grove Hill Elementary School.
Comments:

$104K  
The number of sellers reducing prices in the Shenandoah market trended up to four over the last 30 days, extending a six-week streak. During the same period, three sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices went up in Shenandoah, with the median for this period rising from $76,500 to $115,000. Shenandoah is a definite buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

$119K  
The number of homes coming into the Shenandoah market stayed firm with six listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. Months of inventory were further reduced to seven, extending a downward trend to four weeks. Shenandoah is a strong buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$159K  
The Shenandoah market pulled back with a 33.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (2.6) with four homes sold. Within the same time frame, Harrisonburg had 38 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Shenandoah, and for this period the median sales price slid from $112,500 to $76,500. Shenandoah is a solid buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$104K  
The Shenandoah market saw sales remain steady this week at five homes sold over the last 30 days, but this could change due to a confirmed upward trend in price reductions, with four reported in the same time frame. Prices are falling in Shenandoah, and this period the median price of all sales fell from $130,500 to $115,000.
Comments:

Shenandoah has a population that is older than most in Virginia with a median age of 38 years. Also, it's less affluent than average with a median income of $43,538 per household. Keep in mind, most people in Shenandoah own their homes, with a 64.7% ownership ratio. The top school in the city is Grove Hill Elementary School.
Comments:

$159K  
Over the last 30 days, the Shenandoah market looked active with four homes sold, a 33.3% increase from last week's report. At the same time, close-by Harrisonburg reported 39 home sales, the highest number from all the surrounding cities. Prices are falling in Shenandoah, and this period the median price of all sales fell from $130,500 to $120,250. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Shenandoah is still a strong buyer's market.
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