$419K  
The King George County market took a step back this week as sales fell to 27 homes sold over the last 30 days. However, the number of homes under contract shows an emerging upward trend, and is now at 53. The median sales price in King George County stayed put this week at $299,500. Along with the slip in sales, a relatively high nine months of inventory indicates that King George County is a strong buyer's market.
Comments:

$1.4M  
The King George County market looked solid in this week's report, as the number of home sales rose 3.7%, pushing the total to 28 homes sold over the last 30 days. At the same time, Prince William County reported 713 home sales, the highest number from all the surrounding counties. Potential buyers should note that prices went up in King George County, with the median for this period rising from $289,900 to $299,700. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning King George County is still a solid buyer's market.
Comments:

$175K  
The number of home sales in the King George County market climbed 13.6% to 25 homes over the last 30 days, coming close to the 27.8 monthly average for the last 12 months. To put it in perspective, close-by Prince William County registered 699 home sales in the same period, the most of all surrounding counties. Potential buyers should note that prices went up in King George County, with the median for this period rising from $275,000 to $289,900. King George County is still a solid buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
Comments:

King George County is an average-sized county in Virginia with a population of 23,584 people. Although it does rank as the second-fastest growing, at a 10-year growth rate of 40.4%. Its three largest zip codes are 22485, Dahlgren, and 22485. The King George County market is almost exclusively made up of detached homes, currently accounting for 100% overall. The top schools in the county are King George Elementary School, King George Middle School, and King George High School.
Comments:

$299K  
Home sales in the King George County market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 26.7% to 22 homes sold over the last 30 days. Within the same time period, Prince William County had 823 sales, the most of all counties in the area. The median sales price rose to $275,000 over the latest reporting period for King George County, up from $270,000. Along with the slip in sales, a relatively high nine months of inventory indicates that King George County is a definite buyer's market.
Comments:

$295K  
The King George County market pulled back with a 3.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (28.2) with 29 homes sold. In comparison, nearby Prince William County had 846 sales in the same time frame, the most of all neighboring counties. Prices are falling in King George County, and this period the median price of all sales fell from $305,000 to $275,000. King George County is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$1.5M  
The number of home sales in the King George County market climbed 11.5% to 29 homes over the last 30 days, exceeding the 28.3 monthly average for the last 12 months. At the same time, Prince William County reported 836 home sales, the highest number from all the surrounding counties. Months of inventory hit seven this period, extending an upward trend to eight weeks. King George County is still a definite buyer's market due to the availability of such a large amount of remaining inventory, even after the uptick in sales.
Comments:

$1.6M  
In this week's report, the number of homes sold in the King George County market fell to 23 over the past 30 days. It marked a decrease of 11.5% from last week's report and another period below the monthly average. In comparison, nearby Prince William County had 858 sales in the same time frame, the most of all neighboring counties. The median sales price of homes sold came in at $305,000, which extended a price upswing to four weeks. Along with the slip in sales, a relatively high nine months of inventory indicates that King George County is a solid buyer's market.
Comments:

King George County has a population that is much older than most in Virginia with a median age of 36 years. Also, it's very affluent with a median income of $68,991 per household. The three zip codes with the largest populations are 22485, Dahlgren, and 22485. King George County is an area where most people own their homes, with an ownership ratio of 69.3%. Leading the list of top schools in the county are King George Elementary School, King George Middle School, and King George High School.
Comments:

$270K  
With 26 homes sold in the King George County market over the last 30 days, we see no change from last week's numbers. However, 46 new listings came into the market. Potential buyers should note that prices are coming down in King George County, and for this period the median sales price slid from $325,000 to $316,250. Along with flat sales, a relatively high eight months of inventory indicates that King George County is a definite buyer's market.
Comments:
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