$130K  
The Orange market lost momentum with a 30.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (4.9) with seven homes sold. On the other hand, close-by Fredericksburg registered 31 homes sold in the same time frame, the most of all surrounding cities. The median sales price continued to fall, hitting a three-month low at $138,900.
Comments:

$259K  
The number of homes coming into the Orange market climbed to seven listings over the last 30 days, while sales remained right where they were as once again 10 homes were sold over the same period. The median sales price in Orange stayed flat at $240,000 while months of inventory was flat at four.
Comments:

Orange is a less affluent than average city in Virginia with a median income of $44,063 per household. The population is also considered older than most with a median age of 40 years. Orange is an area where 42.0% of the homes are owned, while 47.4% are rented. Heading the list of top schools in the city is Orange Co. High School.
Comments:

$795K  
The number of home sales in the Orange market spiked 25.0% to 10 homes over the last 30 days, above the 4.8 monthly average. In comparison, nearby Fredericksburg had 36 sales in the same time frame, the most of all neighboring cities. Prices are coming down in Orange, as the median sales price dropped to $240,000, while months of inventory also fell to four.
Comments:

$795K  
The Orange market was active in this week's report, as the number of home sales climbed 14.3%, pushing the total to eight homes sold over the last 30 days. At the same time, close-by Fredericksburg reported 41 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Orange, and for this period the median sales price slid from $260,000 to $250,000.
Comments:

$795K  
Despite a 250.0% jump in sales numbers this week to reach seven homes sold over the last 30 days, the Orange market still shows an identifiable trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. As sales trended lower, prices went the opposite direction with the median sales price setting a three-month high at $260,000.
Comments:

$280K  
Fewer sellers put their homes up for sale in the Orange market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again two homes were sold. Pricing in Orange remains consistent from last week to this week, with the median sales price at $201,000 again. Orange is a definite buyer's market, thanks to a big 26 months of inventory to choose from and the flat sales.
Comments:

$795K  
The Orange market remained sluggish this week as sales dropped 50.0% to land at two homes sold over the last 30 days. In comparison, nearby Lake Monticello had 31 sales in the same time frame, the most of all neighboring cities. Prices are falling in Orange, and this period the median price of all sales fell from $222,750 to $201,000. Orange is a definite buyer's market, due to a big 25 months of inventory left and aided by the dip in sales.
Comments:

With 4,721 residents, Orange is a larger than average city in Virginia. Also, with an 8.8% increase over the last 10 years, its population is growing faster than other parts of the state. Orange is made up of homes that are older than most with a median of 43 years. The top school in the city is Orange Co. High School.
Comments:

$259K  
The Orange market pulled back with a 42.9% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.8 monthly average with four homes sold. Meanwhile, close-by Fredericksburg reported 30 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Orange, with the median for this period rising from $215,000 to $222,750. Orange is a solid buyer's market, due to a big 14 months of inventory left and aided by the dip in sales.
Comments:
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