$595K  
The number of homes coming into the 22724 zip code market fell to three listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $339,950 this week.
Comments:

$214K  
The 22724 zip code market closed in on its 12-month sales average this week with two homes sold over the last 30 days. To put it in perspective, the close-by 22701 zip code registered 37 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should take note that the median sales price in the 22724 zip code jumped to $339,950 and that there are four months of inventory still available.
Comments:

$214K  
22724 is an average-sized zip code in Virginia with 2,084 residents. Its population is also growing faster than others at a 10-year growth rate of 37.4%. The 22724 zip code market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.
Comments:

$425K  
This week in the 22724 zip code market, sales fell to one home sold over the last 30 days, coinciding with an emerging downward trend in price reductions, with two in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Pricing in the 22724 zip code remains consistent from last week to this week, with the median sales price at $230,000 again. The 22724 zip code is a strong buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$595K  
The 22724 zip code market slowed this week but was still better than normal as sales slid 40.0% to three homes sold over the last 30 days. Within the same time frame, the 22701 zip code had 34 sales, the most of all zip codes in the area. A months of inventory number of three reported this week continued a four-week downward trend. In spite of the decrease in sales, the lack of inventory signals that the 22724 zip code is still a seller's market.
Comments:

$1.2M  
The 22724 zip code market saw sales dip 28.6% this week but it is currently in the midst of a new upward sales trend, including five homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price climbed to $447,665, up from last week's $395,000. Despite the slip in sales, a relatively low two months of inventory indicates that the 22724 zip code is a definite seller's market.
Comments:

$1.2M  
While home sales in the 22724 zip code market have been better than usual, in this week's report they slid 12.5% to seven homes sold over the last 30 days. Meanwhile, the 22701 zip code reported 44 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 22724 zip code, and the median sales price this period increased from $373,500 to $395,000. Despite the slip in sales, a relatively low one month of inventory indicates that the 22724 zip code is a strong seller's market.
Comments:

$400K  
22724 is a zip code in Virginia. It's very affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $80,206 per household and cost of living adjustment score of 133.0. The 22724 zip code is made up of homes that are considered of moderate age with a median of 17 years.
Comments:

$595K  
The 22724 zip code market was busy in this week's report, as the number of home sales climbed 14.3%, pushing the total to eight homes sold over the last 30 days. Within the same time frame, the 22701 zip code had 42 sales, the most of all zip codes in the area. Prices are falling in the 22724 zip code, and this period the median price of all sales fell from $395,000 to $373,500. The rising sales and a low one month of inventory point to the 22724 zip code being a definite seller's market.
Comments:

$412K  
The number of price cuts in the 22724 zip code market climbed to three over the last 30 days, furthering an identifiable positive trend. Perhaps due to the decreases in list prices, sales increased to seven homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices went up in the 22724 zip code, with the median for this period rising from $332,750 to $395,000. With just one month of inventory available and sales going up, the 22724 zip code is a strong seller's market.
Comments:
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