$157K  
With one home sold in the Newsoms market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Newsoms, coming in at $55,777. In spite of flat sales, a low three months of inventory signals that Newsoms is a seller's market.
Comments:

$157K  
Over the last 30 days, a recent downward trend of new sellers coming into the Newsoms market continued, with zero listings in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. The median sales price in Newsoms stayed put this week at $55,777. There are only three months of inventory available in Newsoms, so it's a seller's market, even if sales are flat.
Comments:

$157K  
The Newsoms market slowed with a 50.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.2) with one home sold. In comparison, nearby Suffolk had 113 sales in the same time frame, the most of all neighboring cities. Prices are falling in Newsoms, and this period the median price of all sales fell from $107,788 to $55,777. Despite the slip in sales, a relatively low three months of inventory indicates that Newsoms is a seller's market.
Comments:

Newsoms has a population that is much younger than most in Virginia with a median age of 43 years. Also, it's somewhat affluent with a median income of $47,076 per household. Keep in mind, most people in Newsoms own their homes, with a 58.9% ownership ratio. Heading the list of top schools in the city is Meherrin Elementary School.
Comments:

$157K  
The Newsoms market was solid in this week's report, as the number of home sales climbed 100.0%, pushing the total to two homes sold over the last 30 days. At the same time, close-by Suffolk reported 125 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Newsoms, and for this period the median sales price slid from $159,800 to $107,788. With only two months of inventory and rising sales, Newsoms is a definite seller's market.
Comments:

$157K  
With one home sold in the Newsoms market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with two new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Newsoms, coming in at $159,800. There are only three months of inventory available in Newsoms, so it's a seller's market, even if sales are flat.
Comments:

$157K  
The Newsoms market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at two. The median sales price stayed flat at $159,800, and there are a fairly average four months of inventory left to be sold.
Comments:

$157K  
Over the last 30 days, the Newsoms market was active with one home sold. At the same time, close-by Suffolk reported 137 home sales, the highest number from all the surrounding cities.
Comments:

$115K  
No deals were completed in the Newsoms market over the last 30 days. Newsoms usually averages 0.3 sales per month. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks.
Comments:

Newsoms is a city that is growing faster than others in Virginia at a 10-year growth rate of 4.8%. It also has a small population of 321 people. With a median age of 35 years, homes in Newsoms tend to be relatively old. Topping the list of best schools in the city is Meherrin Elementary School.
Comments:
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