$300K  
Sales in the 22542 zip code market fell to four homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with one price reduction in the same time frame. Potential buyers should note that there are now four months of inventory available in the 22542 zip code and prices have come down. The median sales price dropped to $155,500.
Comments:

$325K  
The 22542 zip code market pulled back this week but remained much stronger than normal as sales dropped 16.7% to five homes sold over the last 30 days. Within the same time frame, the 22551 zip code had 39 sales, the most of all zip codes in the area. Prices are rising in the 22542 zip code, and the median sales price this period increased from $201,250 to $202,500. In spite of the decrease in sales, a low three months of inventory signals that the 22542 zip code is a seller's market.
Comments:

$300K  
The 22542 zip code market saw sales remain flat this week with six homes sold over the last 30 days but new listings fell to four. The median sales price dropped to $201,250, down from last week's $203,000. Despite the flat sales, a relatively low two months of inventory remaining indicates that the 22542 zip code is a definite seller's market.
Comments:

$499K  
Over the last 30 days, the sale of six homes took place in the 22542 zip code market. This shows a 14.3% drop from the prior period but the area remains on a new upward trend. The median sales price dropped to $203,000, down from last week's $203,500. Despite the slip in sales, a relatively low three months of inventory indicates that the 22542 zip code is a seller's market.
Comments:

$300K  
22542 is a smaller-than-average zip code in Virginia with 1,643 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 7.0%. With an ownership ratio of 76.7%, most people in the 22542 zip code are homeowners.
Comments:

$186K  
Over the last 30 days, the 22542 zip code market made strides with seven homes sold, a 16.7% increase from last week's report. At the same time, the 22701 zip code reported 39 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 22542 zip code, and the median sales price this period increased from $201,750 to $203,500. The rising sales and a low three months of inventory point to the 22542 zip code being a seller's market.
Comments:

$499K  
The 22542 zip code market was busy this week and remained above its average as sales jumped 100.0% to reach six homes sold over the last 30 days. In comparison, the nearby 22701 zip code had 44 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 22542 zip code, and this period the median price of all sales fell from $203,500 to $201,750. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 22542 zip code is a seller's market.
Comments:

$249K  
With an identifiable downward trend in sellers reducing price, including three markdowns over the last 30 days, sales in the 22542 zip code market remained the same with three over the same stretch of time. The median sales price remained unchanged over the latest reporting period for the 22542 zip code, coming in at $203,500.
Comments:

$300K  
The 22542 zip code market got positive news this week as sales rose 200.0% to reach three homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, the 22701 zip code reported 40 home sales, the highest number from all the surrounding zip codes. The median sales price rose dramatically to $203,500 over the latest reporting period for the 22542 zip code, up from $148,500.
Comments:

$234K  
Typically, 22542 zip code accounts for 2.3 sales per month. This time sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
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