$1.2M  
The Cape Charles market was quiet this week as no sales were reported over the previous 30 days. Cape Charles usually averages 0.5 sales per month.
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$1.2M  
No deals were completed in the Cape Charles market over the last 30 days. Cape Charles usually averages 0.5 sales per month.
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$1.2M  
Cape Charles has a population that is much younger than most in Virginia with a median age of 53 years. Also, it's less affluent than average with a median income of $38,606 per household. Keep in mind, 25.8% of the homes in Cape Charles are owned, while 28.1% are rented. Topping the list of best schools in the city is Kiptopeke Elementary School.
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$1.2M  
Sellers in Cape Charles weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Cape Charles usually averages 0.5 sales per month.
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$1.2M  
No deals were completed in the Cape Charles market over the last 30 days. Cape Charles usually averages 0.5 sales per month.
Comments:

$1.2M  
The Cape Charles market was quiet this week as no sales were reported over the previous 30 days. Cape Charles usually averages 0.5 sales per month.
Comments:

$1.2M  
The Cape Charles market pulled back this week but was still better than normal as sales dropped 50.0% to one home sold over the last 30 days. On the other hand, close-by Virginia Beach registered 352 homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Cape Charles, and this period the median price of all sales fell from $421,850 to $370,700. There are only two months of inventory available in Cape Charles, so it's a definite seller's market, even with the decrease in sales.
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$1.2M  
With 1,009 residents, Cape Charles is a smaller-than-average city in Virginia. Also, with an 11.7% decrease over the last 10 years, its population is shrinking slower than other parts of the state. Cape Charles is made up of homes that are considered older than most with a median of 46 years. Topping the list of best schools in the city is Kiptopeke Elementary School.
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$1.2M  
Over the last 30 days, the Cape Charles market was steady and saw two homes sold. However, the number of pending transactions continued to decline, with a total of zero transactions during the same period. While contracts numbers dropped, prices were able to climb. This week's reported median sales price of $421,850 continued a four-week upswing. In spite of contracts trending lower, rising prices and a low one month of inventory signal that Cape Charles is still a definite seller's market.
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$1.2M  
Over the last 30 days, a recent upward trend of new sellers coming into the Cape Charles market continued, with zero listings in this week's report. Meanwhile, sales remained flat, with two homes selling during the same period. Pricing in Cape Charles remains consistent from last week to this week, with the median sales price at $421,850 again. Despite the flat sales, a relatively low one month of inventory remaining indicates that Cape Charles is a strong seller's market.
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Remax Horizons
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CENTURY 21 Nachman Realty
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