$1.8M  
Over the last 30 days, a recent downward trend of new sellers coming into the 22601 zip code market continued, with 29 listings in this week's report. Meanwhile, sales fell, with 26 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As new listings trended lower, the median sales price climbed for the homes that have sold, trending upwards for eight weeks to reach $261,500.
Comments:

$1.2M  
Sales inched up to 31 homes sold in the 22601 zip code market over the last 30 days. However, an identifiable downturn in the amount of pending transactions continued, with 29 completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price rose to $250,000 over the latest reporting period for the 22601 zip code, up from $247,500. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 22601 zip code is a seller's market.
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$224K  
22601 is a larger than average zip code in Virginia with 26,953 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 10.8%. The 22601 zip code market is almost exclusively made up of detached houses, which currently account for 92% of the homes for sale in the area. The top school in the zip code is John Handley High School.
Comments:

$899K  
The 22601 zip code market pulled back with a 9.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (26.9) with 28 homes sold. Meanwhile, the 22602 zip code reported 38 home sales, the highest number from all the surrounding zip codes. The median sales price in the 22601 zip code climbed to $247,500 while months of inventory spiked to four.
Comments:

$899K  
Over the last 30 days, the 22601 zip code market showed gains with 31 homes sold. It marks a 19.2% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, the 22602 zip code reported 38 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 22601 zip code, with the median for this period rising from $237,250 to $244,900. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 22601 zip code is a seller's market.
Comments:

$1.8M  
The 22601 zip code market broke below its 12-month average sales volume this week as sales fell 10.3% to hit 26 homes sold over the last 30 days. On the other hand, the close-by 22602 zip code registered 33 homes sold in the same period, the most of all surrounding zip codes. The median sales price continued to rise, trending upwards for four weeks to reach $237,250.
Comments:

$297K  
The 22601 zip code market pulled back with a 6.9% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (26.8) with 27 homes sold. Within the same time frame, the 22655 zip code had 36 sales, the most of all zip codes in the area. 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 $237,500 this week.
Comments:

$319K  
The 22601 zip code has a cost of living adjustment score of 105.2, which is expensive when compared to others in Virginia. Also, the area is considered less affluent than average with a median income of $43,865 per household. With a median age of 42 years, homes in the 22601 zip code tend to be older than most. The top school in the zip code is John Handley High School.
Comments:

$899K  
While home sales in the 22601 zip code market have been above average, in this week's report they fell 20.0% to 28 homes sold over the last 30 days. Meanwhile, the 22602 zip code reported 35 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 22601 zip code, and for this period the median sales price slid from $247,000 to $237,250. Despite the slip in sales, a relatively low three months of inventory indicates that the 22601 zip code is a seller's market.
Comments:

$649K  
The 22601 zip code market was busy in this week's report, as the number of home sales rose 6.5%, pushing the total to 33 homes sold over the last 30 days. Within the same time frame, the 22655 zip code had 37 sales, the most of all zip codes in the area. Prices are rising in the 22601 zip code, and the median sales price this period increased from $247,000 to $268,500. With only three months of inventory and rising sales, the 22601 zip code is a seller's market.
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