$739K  
Home sales in the 22603 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 38.5% to eight homes sold over the last 30 days. On the other hand, the close-by 22602 zip code registered 37 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $232,500, up from last week's $229,000. The 22603 zip code is a definite buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.
Comments:

$999K  
Over the last 30 days, the 22603 zip code market looked solid with 13 homes sold. It marks a 44.4% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, the close-by 22602 zip code registered 41 homes sold in the same period, the most of all surrounding zip codes. The median sales price in the 22603 zip code stayed put this week at $229,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning the 22603 zip code is still a definite buyer's market.
Comments:

$499K  
The 22603 zip code market will be more selective in the short term. Sales have fallen this week to nine homes sold over the last 30 days, and there is also an established upward trend of new listings, with 28 going live in the same time frame. Potential buyers should note that prices went up in the 22603 zip code, with the median for this period rising from $227,000 to $229,000. With decreasing sales and the availability of 11 months of inventory, the 22603 zip code is a definite buyer's market.
Comments:

$439K  
Over the last 30 days, the 22603 zip code market showed gains with 14 homes sold. It marks a 7.7% 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 55 home sales, the highest number from all the surrounding zip codes. Months of inventory is on a four-week upswing, this week hitting seven months. Despite the uptick in sales, the large amount of remaining inventory indicates that the 22603 zip code is still a solid buyer's market.
Comments:

$274K  
The 22603 zip code has a cost of living adjustment score of 109.3, which is expensive when compared to others in Virginia. Also, the area is considered affluent with a median income of $64,948 per household. The 22603 zip code is made up of homes that are considered of moderate age with a median of 19 years. Heading the list of top schools in the zip code is James Wood High School.
Comments:

$135K  
Over the last 30 days, 13 homes were sold in the 22603 zip code market, up 62.5%. However, the market is still in a new downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Potential buyers should note that prices are coming down in the 22603 zip code, and for this period the median sales price slid from $287,292 to $230,500. The 22603 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$135K  
The 22603 zip code market showed some softness, with a record low eight homes sold in the last 30 days. Sales showed a 27.3% drop from the prior period, returning to a low not seen since May. In comparison, the 22602 zip code had 60 sales in the same time frame, the most of all nearby zip codes. Potential buyers should note that prices are coming down in the 22603 zip code, and for this period the median sales price slid from $330,000 to $287,292. With a downward trend in sales numbers and 11 months of inventory still left to work through, the 22603 zip code is a definite buyer's market.
Comments:

$999K  
The 22603 zip code market reported 24 contracts in the last 30 days, the highest amount since May. During the same period, 11 sales were completed. In comparison, the 22602 zip code had 44 contracts executed in the same time frame, the most of all nearby zip codes. The median sales price dropped to $330,000 over the latest reporting period for the 22603 zip code, down from $358,500. Even with the rising contracts, with eight months of inventory available, the 22603 zip code is a still strong buyer's market.
Comments:

$299K  
Home sales in the 22603 zip code market remained sluggish in this week's report as they slid 27.3% to eight homes sold over the last 30 days. On the other hand, the close-by 22602 zip code registered 51 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose dramatically to $343,000 over the latest reporting period for the 22603 zip code, up from $179,900. Along with the slip in sales, a relatively high 11 months of inventory indicates that the 22603 zip code is a definite buyer's market.
Comments:

$425K  
Home sales in the 22603 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 31.2% to 11 homes sold over the last 30 days. Meanwhile, the 22602 zip code reported 60 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $179,900, down from last week's $228,250. With decreasing sales and the availability of eight months of inventory, the 22603 zip code is a strong buyer's market.
Comments:
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