$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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$1.2M  
The Cape Charles market warmed up this week and remained above its average as sales climbed 100.0% to reach two homes sold over the last 30 days. At the same time, close-by Virginia Beach reported 301 home sales, the highest number from all the surrounding cities. The median sales price dropped to $421,850, down from last week's $473,000. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that Cape Charles is a strong seller's market.
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$1.2M  
There was one home sale in the Cape Charles market over the last 30 days, above the 0.4 monthly average. Within the same time frame, Virginia Beach had 339 sales, the most of all cities in the area. With just two months of inventory available and sales going up, Cape Charles is a strong seller's market.
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$1.2M  
The Cape Charles market was quiet this week as no sales were reported over the previous 30 days. Cape Charles usually averages 0.4 sales per month.
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$1.2M  
Cape Charles is a less affluent than average city in Virginia with a median income of $38,606 per household. The population is also considered much younger than most with a median age of 53 years. It should be noted that 25.8% of the homes in Cape Charles are owned, while 28.1% are rentals. 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 0.4 sales per month.
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$1.2M  
The Cape Charles market was quiet this week and reported zero home sales over the last 30 days. Cape Charles usually averages 0.4 sales per month.
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