$998K  
In this week's report, the number of homes sold in the Accomack County market dropped to four over the past 30 days, a decrease of 20.0% from last week's report, but still above the monthly average. Within the same time period, St. Mary's County had 150 sales, the most of all counties in the area. Prices are falling in Accomack County, and this period the median price of all sales fell from $25,000 to $24,950. Accomack County is a solid buyer's market, due to a big 17 months of inventory left and aided by the dip in sales.
Comments:

$1.2M  
Over the last 30 days, the Accomack County market was steady and saw five homes sold. However, the number of pending transactions continued to decline, with a total of three transactions during the same period. The median sales price tumbled to $25,000, down from last week's $40,009. Accomack County is a definite buyer's market, due to a downward trend in contracts numbers and 13 months of inventory remaining.
Comments:

Accomack County is a larger than average county in Virginia with 33,164 residents. Also, it has a lower than average density with 73.8 people per square mile. Chincoteague, Onancock, and Accomack County are the three largest cities in terms of population. Keep in mind, 47.4% of the homes in Accomack County are owned, while 18.3% are rented. Topping the list of best schools in the county is Tangier Combined.
Comments:

$1.2M  
The Accomack County market showed healthy signs in this week's report, as the number of home sales rocketed 66.7%, pushing the total to five homes sold over the last 30 days. In comparison, nearby St. Mary's County had 156 sales in the same time frame, the most of all neighboring counties. Prices are falling in Accomack County, and this period the median price of all sales fell from $68,589 to $40,009. Despite the uptick in sales, there are still 12 months of inventory left to work through, meaning Accomack County is still a definite buyer's market.
Comments:

$1.2M  
Sales in the Accomack County market fell to two homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with seven price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price climbed to $73,794 over the latest reporting period for Accomack County, up from $68,589. Accomack County is a strong buyer's market, thanks to a big 30 months of inventory to choose from and a pullback in sales.
Comments:

$125K  
The number of homes coming into the Accomack County market climbed to six listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. The median sales price of homes sold came in at $68,589, which extended a downward swing in price to eight weeks. Accomack County is a definite buyer's market, with a big 19 months of inventory to choose from coupled with falling prices.
Comments:

$998K  
The Accomack County market saw sales remain flat this week with two homes sold over the last 30 days but new listings fell to five. Pricing in Accomack County remains consistent from last week to this week, with the median sales price at $147,000 again. Along with flat sales, a relatively high 28 months of inventory indicates that Accomack County is a definite buyer's market.
Comments:

$998K  
The Accomack County market broke below its 12-month average sales volume this week as sales sank 60.0% to hit two homes sold over the last 30 days. On the other hand, close-by St. Mary's County registered 157 home sales in the same period, the most of all surrounding counties. The median sales price climbed to $147,000 over the latest reporting period for Accomack County, up from $126,000. Along with the slip in sales, a relatively high 28 months of inventory indicates that Accomack County is a definite buyer's market.
Comments:

The population of Accomack County is less affluent than average compared to others in Virginia with a median income of $41,098 per household. It's also considered a less expensive county in terms of affordability with a cost of living adjustment score of 91.5. Its three largest cities are Chincoteague, Onancock, and Accomack County. Homes in Accomack County are relatively old with a median age of 35 years. Heading the list of top schools in the county is Tangier Combined.
Comments:

$274K  
With five homes sold in the Accomack County market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with seven new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Accomack County, coming in at $126,000. Accomack County is a definite buyer's market, thanks to a big 11 months of inventory to choose from and the flat sales.
Comments:
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