$3.5M  
The number of sellers reducing prices in the Rappahannock County market trended up to 19 over the last 30 days, extending a three-week streak. During the same period, nine sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $312,000, down from last week's $339,750. Even after the uptick in sales, an elevated 13 months of inventory tells us that Rappahannock County is still a strong buyer's market.
Comments:

$1.8M  
Home sales in the Rappahannock County market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 20.0% to eight homes sold over the last 30 days. On the other hand, close-by Loudoun County registered 699 home sales in the same period, the most of all surrounding counties. The median sales price in Rappahannock County stayed put this week at $339,750. Rappahannock County is a definite buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:

$749K  
The Rappahannock County market saw five homes go under contract, and failed to break out of a recent downward trend. The market had total home sales of nine over the last 30 days, maintaining last week's pace. The median sales price dropped to $367,500 over the latest reporting period for Rappahannock County, down from $390,000. With a downward trend in contracts numbers and 14 months of inventory still left to work through, Rappahannock County is a strong buyer's market.
Comments:

$849K  
The Rappahannock County market showed healthy signs in this week's report, as the number of home sales rose 12.5%, pushing the total to nine homes sold over the last 30 days. Within the same time period, Loudoun County had 693 sales, the most of all counties in the area. Potential buyers should note that prices went up in Rappahannock County, with the median for this period rising from $328,750 to $390,000. Despite the uptick in sales, there are still 14 months of inventory left to work through, meaning Rappahannock County is still a definite buyer's market.
Comments:

Rappahannock County is a small county in Virginia with 7,373 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 5.6%. Its three largest counties are Rappahannock County, 22740, and 22627. The Rappahannock County market is almost exclusively made up of detached homes, currently accounting for 100% overall. The top school in the county is Rappahannock Co. High School.
Comments:

$209K  
With home sales in the Rappahannock County market already below average, in this week's report they fell 22.2% to seven homes sold over the last 30 days. On the other hand, close-by Loudoun County registered 708 home sales in the same period, the most of all surrounding counties. Prices are falling in Rappahannock County, and this period the median price of all sales fell from $390,000 to $367,500. Rappahannock County is a definite buyer's market, thanks to a big 18 months of inventory to choose from and a pullback in sales.
Comments:

$1.1M  
The number of home sales in the Rappahannock County market rose 33.3% to eight homes over the last 30 days, coming close to the 8.6 monthly average for the last 12 months. At the same time, Loudoun County reported 666 home sales, the highest number from all the surrounding counties. The median sales price in Rappahannock County stayed put this week at $396,000. Even after the uptick in sales, an elevated 16 months of inventory tells us that Rappahannock County is still a definite buyer's market.
Comments:

$1.5M  
With six homes sold in the Rappahannock 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 25 new listings for buyers to choose from. The median sales price rose to $396,000, up from last week's $345,000. Rappahannock County is a solid buyer's market, thanks to a big 20 months of inventory to choose from and the flat sales.
Comments:

$415K  
Sales fell this week to six homes sold in the Rappahannock County market over the last 30 days. However, a three-week positive trend for contracts was extended, with 13 pending transactions in the same time frame. The median sales price dropped to $345,000, down from last week's $410,000. Along with the slip in sales, a relatively high 20 months of inventory indicates that Rappahannock County is a solid buyer's market.
Comments:

$1.3M  
Over the last 30 days, the Rappahannock County market got good news with seven homes sold. It marks a 16.7% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. In comparison, nearby Loudoun County had 609 sales in the same time frame, the most of all neighboring counties. Months of inventory hit 16 this period, extending an upward trend to four weeks. Despite the uptick in sales, the large amount of remaining inventory indicates that Rappahannock County is still a definite buyer's market.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page


©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by Black Knight Financial Services. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.