$115K  
A five-week positive trend in the number of homes sold was extended this week after the Orange County market added another 87 transactions over the last 30 days. With 82 price reductions, the lowest amount since May, the market may be looking for a higher price point. When comparing other close-by counties within the same period, the most came from Stafford County with 290 price reductions. As the lowering of listing prices found a new low point, sale prices themselves have also been falling. The median sales price dropped to $227,000, extending a four-week long spiral. In spite of the downturn in price reductions, with prices falling and the availability of seven months of inventory, Orange County is still a definite buyer's market.
Comments:

$695K  
The Orange County market looked solid this week as sales rose 4.2% to hit 100 homes sold over the last 30 days. In comparison, nearby Stafford County had 268 sales in the same time frame, the most of all neighboring counties. The median sales price rose to $222,450 over the latest reporting period for Orange County, up from $219,250.
Comments:

$4M  
In this week's report, the number of homes sold in the Orange County market fell to 90 over the past 30 days, a decrease of 7.2% from last week's report, but still above the monthly average. Within the same time period, Stafford County had 246 sales, the most of all counties in the area. The median sales price climbed to $220,000, up from last week's $218,500.
Comments:

$359K  
The Orange County market slowed with a 9.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (66.8) with 95 homes sold. Meanwhile, Stafford County reported 278 home sales, the highest number from all the surrounding counties. Potential buyers should note that prices are coming down in Orange County, and for this period the median sales price slid from $228,900 to $219,900.
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The population of Orange County is affluent compared to others in Virginia with a median income of $57,279 per household. It's also considered a less expensive county in terms of affordability with a cost of living adjustment score of 95.9. 22508, Orange, and Gordonsville are the three largest zip codes in terms of population. With a median age of 23 years, homes in Orange County tend to be of moderate age. The best school in the county is Orange Co. High School.
Comments:

$695K  
The Orange County market looked busy in this week's report, as the number of home sales rose 14.4%, pushing the total to 103 homes sold over the last 30 days. In comparison, nearby Stafford County had 279 sales in the same time frame, the most of all neighboring counties. The median sales price dropped to $230,000 over the latest reporting period for Orange County, down from $233,378.
Comments:

$695K  
The Orange County market slowed with a 4.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (65.1) with 84 homes sold. In comparison, nearby Stafford County had 284 sales in the same time frame, the most of all neighboring counties. Potential buyers should note that prices are coming down in Orange County, and for this period the median sales price slid from $235,878 to $233,378.
Comments:

$5.9M  
The number of home sales in the Orange County market rose 10.5% to 84 homes over the last 30 days. In comparison, nearby Stafford County had 292 sales in the same time frame, the most of all neighboring counties. The median sales price continued to rise, trending upwards for eight weeks to reach $235,878.
Comments:

$1.2M  
The number of sellers reducing prices in the Orange County market trended up to 108 over the last 30 days, extending a six-week streak. During the same period, 71 sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Even as the number of sellers reducing price trended higher, months of inventory continued to climb, trending upwards for four weeks to reach seven months. Orange County is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

$550K  
The Orange County market slowed this week but was still better than normal as sales dropped 16.9% to 69 homes sold over the last 30 days. Meanwhile, Stafford County reported 270 home sales, the highest number from all the surrounding counties. Months of inventory rose to eight this period, its highest point since March. Orange County is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
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