$149K  
Sales fell this week to 49 homes sold in the 22701 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with 53 pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price dropped to $250,000, down from last week's $251,150. With only three months of inventory to sell, the 22701 zip code is a seller's market, in spite of the dip in sales.
Comments:

$234K  
With a new upward trend of new sellers listing homes, including 47 over the last 30 days, and sales that have fallen to 47 in that same time frame, the 22701 zip code market will be more selective. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $256,950 this week.
Comments:

$280K  
With 31,912 residents, 22701 is a larger than average zip code in Virginia. Also, with 186.0 people per square mile, it has a higher than average density in comparison to other parts of the state. It should be noted that at 60.2%, most people own their homes in the 22701 zip code. The best school in the zip code is Emerald Hill Elementary School.
Comments:

$995K  
The 22701 zip code market made strides this week as sales rose 16.7% to hit 49 homes sold over the last 30 days. To put it in perspective, the close-by 22508 zip code registered 37 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that there are now four months of inventory available in the 22701 zip code and prices have come down. The median sales price dropped to $252,300.
Comments:

$995K  
The 22701 zip code market slowed this week but was still better than normal as sales dropped 24.5% to 40 homes sold over the last 30 days. In comparison, the nearby 22508 zip code had 34 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that there are now four months of inventory available in the 22701 zip code and prices have come down. The median sales price dropped to $257,975.
Comments:

$224K  
Over the last 30 days, the 22701 zip code market was busy with 51 homes sold, a 4.1% increase from last week's report. At the same time, the 22508 zip code reported 26 home sales, the highest number from all the surrounding zip codes. A months of inventory number of four reported this week continued a four-week upward trend.
Comments:

$125K  
The 22701 zip code market may be experiencing an extended pullback but sales stood their ground this week at 47 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price dropped to $240,000, potentially helping to offset the four months of inventory left to be sold.
Comments:

$3M  
There were 43 homes sold in the 22701 zip code market over the last 30 days. During the same period, the total number of price reductions was 68, the most since May. In comparison, 22508 led all other nearby zip codes with 57 price reductions. The median sales price climbed to $253,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$224K  
The 22701 zip code has a much older population than other areas in Virginia with a median age of 36 years. It is also affluent with a median income of $57,421 per household. The 22701 zip code market is almost exclusively made up of detached houses, which currently account for 97% of the homes for sale in the area. The top school in the zip code is Emerald Hill Elementary School.
Comments:

$925K  
The 22701 zip code market slowed with a 14.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 39.4 monthly average with 36 homes sold. Meanwhile, the 22508 zip code reported 32 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 22701 zip code, with the median for this period rising from $230,750 to $241,500.
Comments:
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