$259K  
This week in the 22701 zip code market, sales fell to 27 homes sold over the last 30 days, coinciding with a recent downward trend in price reductions, with 15 in the same time frame. The median sales price dropped to $269,900 over the latest reporting period for the 22701 zip code, down from $272,400.
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$159K  
In this week's report, the number of homes sold in the 22701 zip code market fell to 24 over the past 30 days, a decrease of 27.3% from last week's report. Meanwhile, the 22508 zip code reported 28 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $282,450 over the latest reporting period for the 22701 zip code, up from $250,000.
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$875K  
The number of home sales in the 22701 zip code market climbed 14.3% to 32 homes over the last 30 days, coming close to the 41.8 monthly average for the last 12 months. At the same time, the 22508 zip code reported 37 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $255,500 over the latest reporting period for the 22701 zip code, up from $229,000.
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$1.6M  
The 22701 zip code is a zip code in Virginia with a median income of $57,421 per household. Besides being affluent, its population is much older than others with a median age of 36 years. The 22701 zip code market is almost exclusively made up of detached homes, currently accounting for 95% overall. The top school in the zip code is Emerald Hill Elementary School.
Comments:

$1.6M  
There were 28 homes sold in the 22701 zip code market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since March at 29. In comparison, the 22508 zip code had 21 price reductions in the same time frame, the most of all nearby zip codes. The median sales price dropped to $229,000, down from last week's $239,500.
Comments:

$1.6M  
The 22701 zip code market pulled back with a 2.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (42.3) with 43 homes sold. On the other hand, the close-by 22508 zip code registered 35 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $229,000, potentially helping to offset the four months of inventory left to be sold.
Comments:

$124K  
Over the last 30 days, the 22701 zip code market got positive news with 43 homes sold. It marks a 22.9% 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 22508 zip code registered 28 homes sold in the same period, the most of all surrounding zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $250,000.
Comments:

$1.6M  
The 22701 zip code market broke below its 12-month average sales volume this week as sales dropped 23.8% to hit 32 homes sold over the last 30 days. Within the same time frame, the 22508 zip code had 21 sales, the most of all zip codes in the area. The median sales price climbed to $257,900 over the latest reporting period for the 22701 zip code, up from $246,950.
Comments:

$950K  
The 22701 zip code market closed in on its 12-month sales average this week as sales rose 19.4% to reach 37 homes sold over the last 30 days. To put it in perspective, the close-by 22508 zip code registered 25 homes sold in the same period, the most of all surrounding zip codes. The median sales price in the 22701 zip code stayed flat at $250,000 while months of inventory plummeted to four.
Comments:

$224K  
22701 is a larger than average zip code in Virginia with 31,912 residents. Also, it has a higher than average density with 186.0 people per square mile. Keep in mind, most people in the 22701 zip code own their homes, with a 60.2% ownership ratio. The top school in the zip code is Emerald Hill Elementary School.
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