$168K  
The number of home sales in the Timberville market rose 200.0% to three homes over the last 30 days, exceeding the 2.1 monthly average for the last 12 months. At the same time, close-by Harrisonburg reported 36 home sales, the highest number from all the surrounding cities. Prices are falling in Timberville, and this period the median price of all sales fell from $130,000 to $127,900. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Timberville is a definite seller's market.
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The population of Timberville is growing faster than the rest of Virginia, at a 10-year growth rate of 10.0%. It's an average-sized city compared to the rest of the state, with 2,522 residents. Homes in Timberville are relatively old with a median age of 36 years. The best school in the city is Plains Elementary School.
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$299K  
The Timberville market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Timberville usually averages 2.1 sales per month.
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$299K  
The Timberville market seems to have gone completely quiet. After trending lower for two weeks, no sales at all were reported over the last 30 days.
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$299K  
The Timberville market recorded three home sales over the last 30 days. Also, a record low one new listing came into the market, the fewest since April. During the same time frame, Harrisonburg had the most of any other neighboring municipalities with 38 new listings. Pricing in Timberville remains consistent from last week to this week, with the median sales price at $118,900 again. With only two months of inventory to sell and a downward trend in new listings numbers, Timberville is a definite seller's market.
Comments:

$134K  
The Timberville market was even this week as sales remained at three homes over the prior 30 days, but the area is experiencing an identifiable upward trend of contracts closing, now up to five. The median sales price remained unchanged over the latest reporting period for Timberville, coming in at $118,900. Despite the flat sales, a relatively low one month of inventory remaining indicates that Timberville is a definite seller's market.
Comments:

Timberville has a population that is much older than most in Virginia with a median age of 36 years. Also, it's somewhat affluent with a median income of $45,002 per household. It should be noted that at 58.6%, most people own their homes in Timberville. The top school in the city is Plains Elementary School.
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$134K  
In this week's report, the number of homes sold in the Timberville market plummeted to three over the past 30 days, a decrease of 40.0% from last week's report, but still above the monthly average. On the other hand, close-by Harrisonburg registered 38 homes sold in the same time frame, the most of all surrounding cities. The median sales price of all transactions in Timberville did not budge this week, remaining at $118,900. In spite of the decrease in sales, a low two months of inventory signals that Timberville is a solid seller's market.
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$129K  
This week in the Timberville market, sales rose to five homes sold over the last 30 days, which might be due in part to an emerging upward trend in price reductions, with three being reported in the same time frame. While price reduction numbers rose, sale prices dropped. This week's reported median sales price of $118,900 continued a four-week downward trend. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that Timberville is a strong seller's market.
Comments:

$190K  
The Timberville market slowed this week but was still better than normal as sales fell 25.0% to three homes sold over the last 30 days. In comparison, nearby Harrisonburg had 39 sales in the same time frame, the most of all neighboring cities. Prices are rising in Timberville, and the median sales price this period increased from $123,500 to $130,000. In spite of the decrease in sales, a low two months of inventory signals that Timberville is a definite seller's market.
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