$375K  
This week in the 22623 zip code market, sales rose to one home sold over the last 30 days, which might be due in part to an established upward trend in price reductions, with one being reported in the same time frame. While price reduction from sellers trended higher, the amount of available homes also increased, reaching a volume of seven months of inventory, its highest point since October. Even after uptick in sales, such a large amount of remaining inventory tells us that the 22623 zip code is still a definite buyer's market.
Comments:

$3.6M  
Sellers in the 22623 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 22623 zip code usually averages 0.9 sales per month.
Comments:

$3.6M  
22623 is a small zip code in Virginia with 557 residents. Its population is shrinking slightly slower than the rest of the state, at a 10-year growth rate of -20.3%. The 22623 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
Comments:

$3.6M  
Sellers in the 22623 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 22623 zip code usually averages 0.9 sales per month.
Comments:

$214K  
The number of price cuts in the 22623 zip code market climbed to one over the last 30 days, furthering a new positive trend. Even with the drops in list prices, sales remained the same with one home sold. The median sales price remained unchanged over the latest reporting period for the 22623 zip code, coming in at $184,950. With no movement in sales and the availability of eight months of inventory, the 22623 zip code is a solid buyer's market.
Comments:

$3.6M  
Fewer sellers put their homes up for sale in the 22623 zip code market over the last 30 days and the number of new listings tumbled this week to zero. Home sales remained unchanged from the prior period and once again two homes were sold. Potential buyers should take note that the median sales price in the 22623 zip code stayed flat at $172,425 and that there are four months of inventory still available.
Comments:

$3.6M  
The 22623 zip code market showed positive signs this week and remained above its average as sales climbed 100.0% to reach two homes sold over the last 30 days. To put it in perspective, the close-by 22630 zip code registered 33 homes sold in the same period, the most of all surrounding zip codes. The median sales price of homes sold came in at $172,425, which extended a price upswing to four weeks.
Comments:

$3.6M  
The 22623 zip code market slowed with a 66.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.8) with one home sold. Within the same time frame, the 22630 zip code had 33 sales, the most of all zip codes in the area. The median sales price climbed to $184,950 over the latest reporting period for the 22623 zip code, up from $174,900. With decreasing sales and the availability of eight months of inventory, the 22623 zip code is a definite buyer's market.
Comments:

$3.6M  
22623 is a affluent zip code in Virginia with a median income of $62,379 per household. The population is also considered much younger than most with a median age of 46 years. Keep in mind, most people in the 22623 zip code own their homes, with a 61.4% ownership ratio.
Comments:

$3.6M  
The 22623 zip code market saw sales remain flat this week with two homes sold over the last 30 days and new listings also remain flat at one. Potential buyers should take note that the median sales price in the 22623 zip code stayed flat at $137,450 and that there are four months of inventory still available.
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