$139K  
With an emerging downward trend of new sellers listing homes, including 35 over the last 30 days, and sales that fell to 37 in that same time frame, the 22602 zip code market will be slowing. The median sales price dropped to $228,000 over the latest reporting period for the 22602 zip code, down from $242,000.
Comments:

$289K  
The population of the 22602 zip code is growing faster than the rest of Virginia, at a 10-year growth rate of 36.3%. It's a larger than average zip code compared to the rest of the state, with 28,829 residents. With a median age of 19 years, homes in the 22602 zip code tend to be of moderate age. Topping the list of best schools in the zip code is Senseny Road Elementary School.
Comments:

$219K  
In this week's report, the number of homes sold in the 22602 zip code market dropped to 41 over the past 30 days. It marked a decrease of 19.6% from last week's report and a fall below the monthly average. In comparison, the nearby 22655 zip code had 32 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 22602 zip code rose to $242,000 while months of inventory spiked to four.
Comments:

$899K  
While home sales in the 22602 zip code market have been above average, in this week's report they slid 14.3% to 48 homes sold over the last 30 days. On the other hand, the close-by 22601 zip code registered 31 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should take note that the median sales price in the 22602 zip code rose to $235,000 and that there are four months of inventory still available.
Comments:

$865K  
The 22602 zip code market pulled back with a 12.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (43.0) with 55 homes sold. Within the same time frame, the 22601 zip code had 32 sales, the most of all zip codes in the area. The median sales price dropped to $225,000, down from last week's $226,000. In spite of the decrease in sales, a low three months of inventory signals that the 22602 zip code is a seller's market.
Comments:

$395K  
The 22602 zip code market made gains in this week's report, as the number of home sales rose 5.0%, pushing the total to 63 homes sold over the last 30 days. In comparison, the nearby 22601 zip code had 41 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $226,000, down from last week's $226,950. With only three months of inventory and rising sales, the 22602 zip code is a seller's market.
Comments:

$292K  
22602 is a zip code in Virginia, and is affluent with a median income of $64,004 per household. It's much older than the rest of the state, with a median age of 38. Keep in mind, most people in the 22602 zip code own their homes, with a 73.7% ownership ratio. The top school in the zip code is Senseny Road Elementary School.
Comments:

$230K  
The number of home sales in the 22602 zip code market rose 5.3% to 60 homes over the last 30 days. At the same time, the 22601 zip code reported 37 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $226,950, up from last week's $225,000. With only three months of inventory and rising sales, the 22602 zip code is a seller's market.
Comments:

$225K  
Over the last 30 days, 44 homes went under contract in the 22602 zip code market, the lowest amount since February. However, sales are heading upward, climbing to 57 homes sold over the same period, and extending a four-week upward trend. In comparison, the 22601 zip code had 40 contracts executed in the same time frame, the most of all nearby zip codes. A months of inventory number of three reported this week continued a four-week downward trend, even with the weak contracts numbers in the area. With inventory so low and sales rising, the 22602 zip code is a seller's market.
Comments:

$259K  
A three-week growth trend in the number of homes sold was extended this week after the 22602 zip code market added another 51 transactions over the last 30 days. With 55 price reductions, the lowest amount since May, the market may be looking for a price bottom. During the same time frame, 22655 had the most of any other neighboring zip codes with 55 price reductions. There are four months of inventory remaining in the 22602 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $229,000 this week.
Comments:
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