$1.2M  
Over the last 30 days, the 22724 zip code market was steady and saw three homes sold. However, the number of pending transactions continued to decline, with a total of one transaction during the same period. While contracts numbers were weak, the median sales price of those homes came in at $390,000, which extended a price upswing to four weeks. Despite the downward trend in contracts, the rising prices and only two months of inventory remaining indicate that the 22724 zip code is still a definite seller's market.
Comments:

$469K  
Sales stayed firm at three homes sold over the last 30 days in the 22724 zip code market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to one for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price of all transactions in the 22724 zip code did not budge this week, remaining at $390,000. Despite the flat sales, a relatively low two months of inventory remaining indicates that the 22724 zip code is a definite seller's market.
Comments:

$1.2M  
The number of homes coming into the 22724 zip code market stayed firm with one listing over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. Pricing in the 22724 zip code remains consistent from last week to this week, with the median sales price at $390,000 again. With only two months of inventory to sell, the 22724 zip code is a strong seller's market, in spite of the flat sales.
Comments:

$1.2M  
The 22724 zip code has a cost of living adjustment score of 133.0, which is very expensive when compared to others in Virginia. Also, the area is considered very affluent with a median income of $80,206 per household. The 22724 zip code is made up of homes that are of moderate age with a median of 17 years.
Comments:

$381K  
The 22724 zip code market is experiencing a long pullback, but sales managed an uptick this week of 200.0% to three 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 $390,000, down from last week's $399,900. With only two months of inventory and rising sales, the 22724 zip code is a definite seller's market.
Comments:

$381K  
The 22724 zip code market remained cool this week as sales slid 50.0% to land at one home sold over the last 30 days. In comparison, the nearby 22701 zip code had 28 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 22724 zip code, and this period the median price of all sales fell from $424,900 to $399,900. Along with the slip in sales, a relatively high eight months of inventory indicates that the 22724 zip code is a definite buyer's market.
Comments:

$469K  
The 22724 zip code market might be cooling in the coming weeks. Sales stayed steady at two homes sold over the last 30 days, but there is a recent downward trend in the number of new listings, with two going live in the same time frame. The median sales price in the 22724 zip code stayed put this week at $424,900. In spite of flat sales, a low three months of inventory signals that the 22724 zip code is a seller's market.
Comments:

$1.2M  
Over the last 30 days, one home was sold in the 22724 zip code market, down 50.0%. Additionally, the market is still in an identifiable downward trend overall. However, at the same time that sales trended down, the average selling price hit a milestone at $449,900, a six-month high. Despite the rising prices, the downward trend in sales numbers and a large seven months of inventory to work through highlight the fact that the 22724 zip code is still a definite buyer's market.
Comments:

$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.
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Fathom Realty
13 reviews
Berkshire Hathaway HomeServices Select Realty
Snapped 2 homes in this area
Berkshire Hathaway HomeServices PenFed Realty
Snapped 1 home in this area

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