$395K  
Sales fell this week to one home sold in the 22716 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with two 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. Prices are falling in the 22716 zip code, and this period the median price of all sales fell from $328,750 to $257,500. With decreasing sales and the availability of 18 months of inventory, the 22716 zip code is a strong buyer's market.
Comments:

$395K  
The population of the 22716 zip code is affluent compared to others in Virginia with a median income of $59,891 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 125.6. The 22716 zip code is made up of homes that are relatively old with a median of 33 years.
Comments:

$2M  
The 22716 zip code market pulled back with a 33.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.7) with two homes sold. Meanwhile, the 22701 zip code reported 30 home sales, the highest number from all the surrounding zip codes. The median sales price has been increasing as it hit $328,750, extending a four-week long spike. Along with the slip in sales, a relatively high eight months of inventory indicates that the 22716 zip code is a definite buyer's market.
Comments:

$2M  
The number of homes coming into the 22716 zip code market plummeted to four listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. The median sales price in the 22716 zip code stayed put this week at $400,000.
Comments:

$2M  
The 22716 zip code market extended a three-week hot streak this week, even as sales remained flat at three homes sold over the last 30 days. Pricing in the 22716 zip code remains consistent from last week to this week, with the median sales price at $400,000 again.
Comments:

$2M  
The number of home sales in the 22716 zip code market rose 50.0% to three homes over the last 30 days, above the 0.7 monthly average. To put it in perspective, the close-by 22701 zip code registered 44 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $400,000, down from last week's $491,750.
Comments:

$209K  
22716 is a small zip code in Virginia with 700 residents. Also, it has a lower than average density with 34.8 people per square mile. It should be noted that at 64.0%, most people own their homes in the 22716 zip code.
Comments:

$450K  
Over the last 30 days, the 22716 zip code market had a lift in home sales with two. But as sales edged up, the number of pending transactions continued to decline, with a total of zero contracts during the same period. The median sales price rose dramatically to $491,750 over the latest reporting period for the 22716 zip code, up from $253,500. The 22716 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
Comments:

$390K  
With an identifiable downward trend in sellers reducing price, including zero markdowns over the last 30 days, sales in the 22716 zip code market remained the same with one over the same stretch of time. Pricing in the 22716 zip code remains consistent from last week to this week, with the median sales price at $253,500 again. The 22716 zip code is a strong buyer's market, due to a big 16 months of inventory left and aided by the flat sales.
Comments:

$1.5M  
The 22716 zip code market looked solid this week as sales reached one home sold over the last 30 days, edging past the average sales volume for the prior 12 months. In comparison, the nearby 22701 zip code had 39 sales in the same time frame, the most of all neighboring zip codes. The 22716 zip code is still a definite buyer's market, due to the availability of 13 months of remaining inventory, even after the uptick in sales.
Comments:
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