$115K  
There were three homes sold in the 22727 zip code market over the last 30 days, prolonging a nine-week trend. With a record six contracts executed, the highest amount since June, that trend may be in for a turnaround. During the same time frame, 22701 had the most contracts executed of any other neighboring zip codes with 53. Furthermore, a nine-week downward trend in sales is expected to continue over the coming weeks. The median sales price climbed to $205,000, up from last week's $187,500. The 22727 zip code is a still definite buyer's market with 16 months of remaining inventory, even with the rising sales numbers.
Comments:

$499K  
Sales fell this week to two homes sold in the 22727 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with five pending transactions in the same time frame. While contracts were solid, months of inventory hit 24, extending an upward trend to eight weeks. The 22727 zip code is a strong buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$4.2M  
The number of price cuts in the 22727 zip code market climbed to seven over the last 30 days, furthering a solid positive trend. Even with the drops in list prices, sales remained the same with four homes sold. The median sales price dropped to $166,500 over the latest reporting period for the 22727 zip code, down from $184,000. With no movement in sales and the availability of 12 months of inventory, the 22727 zip code is a definite buyer's market.
Comments:

$164K  
The 22727 zip code has a population that is younger than most in Virginia with a median age of 44 years. Also, it's somewhat affluent with a median income of $49,461 per household. Keep in mind, most people in the 22727 zip code own their homes, with a 65.4% ownership ratio. Topping the list of best schools in the zip code is Madison County High School.
Comments:

$127K  
A six-week rough patch for the overall sales trend continues in the 22727 zip code market, with the number of sales staying even at four over the last 30 days. The median sales price dropped to $184,000, down from last week's $185,250. With a downward trend in sales numbers and 11 months of inventory still left to work through, the 22727 zip code is a strong buyer's market.
Comments:

$4.2M  
Home sales in the 22727 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 40.0% to three homes sold over the last 30 days. Meanwhile, the 22701 zip code reported 51 home sales, the highest number from all the surrounding zip codes. The median sales price remained unchanged over the latest reporting period for the 22727 zip code, coming in at $207,500. Along with the slip in sales, a relatively high 15 months of inventory indicates that the 22727 zip code is a solid buyer's market.
Comments:

$4.2M  
The number of sellers reducing prices in the 22727 zip code market trended up to 10 over the last 30 days, extending a three-week streak. During the same period, five sales were completed. While the number of price reductions trended higher, months of inventory is on a four-week upswing, this week hitting nine months. Along with the slip in sales, the higher-than-normal inventory indicates that the 22727 zip code is a solid buyer's market.
Comments:

$127K  
Sales numbers in the 22727 zip code market remain the same with seven homes sold over the last 30 days and the market still shows a confirmed trend downward overall. Potential buyers should note that prices went up in the 22727 zip code, with the median for this period rising from $199,900 to $207,500.
Comments:

$181K  
The 22727 zip code market saw two homes go under contract and failed to break out of a budding downward trend. Along with that, total home sales fell to seven over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price rose dramatically to $199,900, up from last week's $154,900. The 22727 zip code is a solid buyer's market with seven months of inventory to choose from, aided by the downturn in contracts.
Comments:

$127K  
The 22727 zip code market looked busy in this week's report, as the number of home sales rose 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 took a turn lower, with the median sales price falling to a three-month low at $154,900.
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Better Homes & Gardens Real Estate III
Snapped 2 homes in this area
RE/MAX New Horizons
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Roy Wheeler Realty Co.
Snapped 6 homes in this area

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