$140K  
Sales in the Rappahannock County market hit their lowest level since February. For the prior 30-day period, there were five homes sold, a decrease of 28.6%. In comparison, Loudoun County led all other nearby counties with 624 sales. Potential buyers should note that prices are coming down in Rappahannock County, and for this period the median sales price slid from $234,000 to $115,000. A downturn in sales, coupled with the availability of 26 months of inventory, prove that Rappahannock County is a definite buyer's market.
Comments:

$329K  
With seven 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 eight new listings for buyers to choose from. The median sales price in Rappahannock County stayed put this week at $234,000. Along with flat sales, a relatively high 18 months of inventory indicates that Rappahannock County is a definite buyer's market.
Comments:

$135K  
The Rappahannock County market pulled back with a 36.4% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 9.6 monthly average with seven homes sold. On the other hand, close-by Loudoun County registered 598 home sales in the same period, the most of all surrounding counties. The price of homes sold went down with the average selling price hitting a six-month low at $234,000. With prices falling, the availability of 19 months of inventory means that Rappahannock County is a definite buyer's market.
Comments:

$3.2M  
The Rappahannock County market slowed this week but was still better than normal as sales dropped 16.7% to 10 homes sold over the last 30 days. Within the same time period, Loudoun County had 665 sales, the most of all counties in the area. Potential buyers should note that prices are coming down in Rappahannock County, and for this period the median sales price slid from $330,500 to $306,000. Rappahannock County is a definite buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Comments:

The population of Rappahannock County is affluent compared to others in Virginia with a median income of $59,023 per household. It's also considered a very expensive county in terms of affordability with a cost of living adjustment score of 125.0. Its three largest counties are Rappahannock County, 22740, and 22627. With a median age of 37 years, homes in Rappahannock County tend to be relatively old. The best school in the county is Rappahannock Co. High School.
Comments:

$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.
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