$299K  
The 22520 zip code market saw three homes go under contract and failed to break out of a determined downward trend. Along with that, total home sales fell to two over the last 30 days. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price climbed to $247,000, up from last week's $242,000. The 22520 zip code is a definite buyer's market, due to a downward trend in contracts numbers and 24 months of inventory remaining.
Comments:

$229K  
22520 is a zip code in Virginia. It's somewhat affluent and the cost of living is average compared to the rest of the state, with a median income of $51,561 per household and cost of living adjustment score of 103.0. With a median age of 32 years, homes in the 22520 zip code tend to be relatively old. The top school in the zip code is Montross Middle School.
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$199K  
On top of an established downward trend in sellers reducing price, including six markdowns over the last 30 days, sales in the 22520 zip code market fell to three over the same stretch of time. The median sales price rose dramatically to $325,000, up from last week's $265,500. With decreasing sales and the availability of 15 months of inventory, the 22520 zip code is a definite buyer's market.
Comments:

$499K  
The 22520 zip code market broke below its 12-month average sales volume this week as sales dropped 33.3% to hit four homes sold over the last 30 days. In comparison, the nearby 22485 zip code had 20 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 22520 zip code, and the median sales price this period increased from $184,000 to $265,500. The 22520 zip code is a solid buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$153K  
The 22520 zip code market saw sales remain flat this week with six homes sold over the last 30 days but new listings fell to five. The median sales price in the 22520 zip code stayed put this week at $184,000. The 22520 zip code is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

$105K  
Sales rose to six homes sold in the 22520 zip code market over the last 30 days. However, a confirmed downturn in the amount of pending transactions continued, with three completed in the same period. While contracts numbers were weak, the median sales price of those homes came in at $184,000, which extended a downward swing in price to four weeks. The 22520 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

$850K  
Over the last 30 days, a budding downward trend of new sellers coming into the 22520 zip code market continued, with seven listings in this week's report. Meanwhile, sales fell, with five homes selling during the same period. The median sales price climbed to $162,000, up from last week's $153,999. The 22520 zip code is a solid buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.
Comments:

$229K  
22520 is a larger than average zip code in Virginia with a population of 5,331 residents, and it has a lower than average density compared to the rest of the state, with 57.6 people per square mile. With an ownership ratio of 53.6%, most people in the 22520 zip code are homeowners. The best school in the zip code is Montross Middle School.
Comments:

$850K  
The 22520 zip code market showed healthy signs this week as sales rocketed 200.0% to reach six homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, the close-by 22485 zip code registered 23 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 22520 zip code, with the median for this period rising from $118,000 to $153,999. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 22520 zip code is still a strong buyer's market.
Comments:

$259K  
Home sales in the 22520 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they plummeted 60.0% to two homes sold over the last 30 days. Within the same time frame, the 22485 zip code had 31 sales, the most of all zip codes in the area. The median sales price dropped dramatically to $118,000, down from last week's $213,000. The 22520 zip code is a solid buyer's market, thanks to a big 30 months of inventory to choose from and a pullback in sales.
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