$289K  
Sales fell to 18 homes sold over the last 30 days in the 22485 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 37 for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $271,400, down from last week's $286,200. Along with the slip in sales, a relatively high eight months of inventory indicates that the 22485 zip code is a solid buyer's market.
Comments:

$129K  
On top of a 9.1% dip in sales numbers this week to land at 20 homes sold over the last 30 days, the 22485 zip code market still shows a confirmed trend downward overall. A months of inventory number of seven reported this week continued a four-week upward trend, to go along with the weak sales in the area. The downward trend in sales numbers and the high inventory indicate that the 22485 zip code is still a definite buyer's market.
Comments:

$7M  
In this week's report, the number of homes sold in the 22485 zip code market dropped to 21 over the past 30 days. It marked a decrease of 19.2% from last week's report and a fall below the monthly average. In comparison, the nearby 22554 zip code had 83 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $261,500 over the latest reporting period for the 22485 zip code, down from $283,750. With decreasing sales and the availability of seven months of inventory, the 22485 zip code is a definite buyer's market.
Comments:

$435K  
The 22485 zip code has a much older population than other areas in Virginia with a median age of 37 years. It is also affluent with a median income of $69,540 per household. The 22485 zip code market is almost exclusively made up of detached houses, which currently account for 96% of the homes for sale in the area. Leading the list of top schools in the zip code are King George Elementary School, King George Middle School, and King George High School.
Comments:

$7M  
With 24 homes sold in the 22485 zip code 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 27 new listings for buyers to choose from. Prices were able to climb as this week's reported median sales price of $283,750 continued a four-week upswing.
Comments:

$400K  
Sales fell in the 22485 zip code market to 22 homes sold over the last 30 days. It's also under a new downward trend in the number of contracts closing, with this week's number falling to 30. Potential buyers should note that prices are coming down in the 22485 zip code, and for this period the median sales price slid from $289,000 to $277,000.
Comments:

$435K  
In this week's report, the number of homes sold in the 22485 zip code market slid to 31 over the past 30 days, a decrease of 6.1% from last week's report, but still above the monthly average. Within the same time frame, the 22554 zip code had 107 sales, the most of all zip codes in the area. The median sales price in the 22485 zip code stayed put this week at $289,000.
Comments:

$369K  
With an identifiable upward trend of new sellers listing homes, including 50 over the last 30 days, and sales that have fallen to 33 in that same time frame, the 22485 zip code market will be getting more competitive. Potential buyers should note that prices went up in the 22485 zip code, with the median for this period rising from $270,000 to $289,000.
Comments:

$1.3M  
The number of home sales in the 22485 zip code market climbed 11.4% to 39 homes over the last 30 days. In comparison, the nearby 22554 zip code had 112 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $270,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$435K  
22485 is a larger than average zip code in Virginia that has seen a 44.8% increase in population over the last 10 years. It also has a total population of 22,985. Homes in the 22485 zip code are of moderate age with a median age of 19 years. The best schools in the zip code are King George Elementary School, King George Middle School, and King George High School.
Comments:
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