$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:

$449K  
The 22485 zip code is much older than the rest of Virginia, with a median age of 37. It's affluent as well, with a median income of $69,540 per household. The 22485 zip code market almost exclusively consists of detached houses, accounting for 96% of the current homes in the area. The top schools in the zip code are King George Elementary School, King George Middle School, and King George High School.
Comments:

$429K  
The 22485 zip code market showed gains in this week's report, as the number of home sales climbed 3.6%, pushing the total to 29 homes sold over the last 30 days. To put it in perspective, the close-by 22554 zip code registered 65 homes sold in the same period, the most of all surrounding zip codes. A months of inventory number of four reported this week continued a four-week downward trend.
Comments:

$7M  
The 22485 zip code market has established a new upward trend, reiterated this week as sales rose 17.4% to 27 homes over the last 30 days. The median sales price dropped to $290,000, potentially helping to reduce the four months of inventory left to be sold.
Comments:

$295K  
On top of a recent downward trend in sellers reducing price, including 32 markdowns over the last 30 days, sales in the 22485 zip code market fell to 22 over the same stretch of time. Prices are rising in the 22485 zip code, and the median sales price this period increased from $279,900 to $287,450.
Comments:

$7M  
The 22485 zip code market is cooling off. While sales this week came in at 28 homes sold over the last 30 days, new listings are at the lowest they've been since January. During the same time frame, 22554 had the most of any other neighboring zip codes with 70 new listings. Potential buyers should take note that the median sales price in the 22485 zip code rose to $287,450 and that there are four months of inventory still available.
Comments:

$449K  
The 22485 zip code market might be slowing in the coming weeks. Sales fell this week to 25 homes sold over the last 30 days, and there is an established downward trend in the number of new listings, with 28 going live in the same time frame. Prices are rising in the 22485 zip code, and the median sales price this period increased from $273,949 to $274,999.
Comments:

$449K  
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. With a median age of 19 years, homes in the 22485 zip code tend to be of moderate age. The best schools in the zip code are King George Elementary School, King George Middle School, and King George High School.
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