$135K  
The 22485 zip code market stayed soft this week as sales slid 36.8% to land at 12 homes sold over the last 30 days. On the other hand, the close-by 22554 zip code registered 59 homes sold in the same period, the most of all surrounding zip codes. Months of inventory rose to eight this period, its highest point since April. Along with the falling prices, the relatively large eight months of inventory means that the 22485 zip code is a definite buyer's market.
Comments:

$429K  
Over the last 30 days, the 22485 zip code market had a decrease in home sales with 19. Furthermore, the amount of pending transactions continued to decline, with a total of 31 contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in the 22485 zip code, with the median for this period rising from $245,000 to $279,000.
Comments:

$135K  
Hitting a record low dating back to October, 20 homes were sold in the 22485 zip code market over the last 30 days. This represents a 13.0% decrease and comes on top of a three-week steady downturn in sales activity. When comparing other close-by zip codes within the same period, the most came from the 22554 zip code with 64 sales. The median sales price dropped to $244,950 over the latest reporting period for the 22485 zip code, down from $278,000.
Comments:

$135K  
There were 23 home sales in the 22485 zip code market over the last 30 days, while coming close to the 25.8 monthly average for the last 12 months. In comparison, the nearby 22554 zip code had 78 sales in the same time frame, the most of all neighboring zip codes. Prices are coming down in the 22485 zip code, as the median sales price dropped to $278,000, while months of inventory also fell to four.
Comments:

$675K  
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. The 22485 zip code is made up of homes that are of moderate age with a median of 19 years. 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:

$234K  
In this week's report, the number of homes sold in the 22485 zip code market dropped to 22 over the past 30 days. It marked a decrease of 18.5% from last week's report and a fall below the monthly average. Within the same time frame, the 22554 zip code had 71 sales, the most of all zip codes in the area. The median sales price dropped to $278,950 over the latest reporting period for the 22485 zip code, down from $287,900.
Comments:

$429K  
Over the past 30 days, there have been fewer price cuts in the 22485 zip code market, continuing a nine-week declining trend to land at 19. However, home sales were up to 27 over the same period. Months of inventory in the 22485 zip code was flat at four but prices came down, as the median sales price dropped to $287,900.
Comments:

$7M  
Home sales in the 22485 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 28.1% to 23 homes sold over the last 30 days. In comparison, the nearby 22554 zip code had 59 sales in the same time frame, the most of all neighboring zip codes. The median sales price of homes sold came in at $306,600, which extended a price upswing to four weeks.
Comments:

$7M  
Over the last 30 days, the sale of 31 homes took place in the 22485 zip code market. This shows a 6.1% dip from the prior period but the area remains on a determined upward trend. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $290,000 this week.
Comments:

$7M  
This week saw another record in a five-week trend in sales growth for the 22485 zip code market. It resulted in 31 homes selling over 30 days, which is a 3.3% spike from last week's number and also the highest amount since August. When comparing other close-by zip codes within the same period, the most came from the 22554 zip code with 61 sales. Furthermore, a six-week downward trend in price reductions is expected to continue over the coming weeks. Months of inventory in the 22485 zip code was flat at four but prices came down, as the median sales price dropped to $290,000.
Comments:
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