$330K  
Home sales in the 22824 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 20.0% to four homes sold over the last 30 days. On the other hand, the close-by 22835 zip code registered eight homes sold in the same period, the most of all surrounding zip codes. Months of inventory is on a four-week downward trend, this week hitting seven months. The 22824 zip code is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$3.3M  
The 22824 zip code market has established a recent upward trend, even as sales fell 28.6% this week to five homes over the last 30 days. The median sales price remained unchanged over the latest reporting period for the 22824 zip code, coming in at $130,000.
Comments:

$1.7M  
Over the last 30 days, a new downward trend of new sellers coming into the 22824 zip code market continued, with five listings in this week's report. Meanwhile, sales rose, with seven homes selling during the same period. Prices are coming down in the 22824 zip code, as the median sales price dropped to $130,000, while months of inventory also plummeted to four.
Comments:

$3.3M  
The 22824 zip code is a zip code in Virginia with a median income of $52,016 per household. Besides being somewhat affluent, its population is younger than others with a median age of 43 years. The 22824 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall.
Comments:

$3.3M  
This week saw a record in sales growth for the 22824 zip code market. It resulted in six homes selling over 30 days, which is a 50.0% jump from last week's number and also the highest amount since September. In comparison, 22835 led all other nearby zip codes with 15 sales. The median sales price of all transactions in the 22824 zip code did not budge this week, remaining at $167,500.
Comments:

$290K  
Over the last 30 days, the 22824 zip code market showed gains with four homes sold, closing in on the average sales volume for the prior 12 months. At the same time, the 22835 zip code reported 11 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 22824 zip code, and for this period the median sales price slid from $205,000 to $167,500. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 22824 zip code is still a definite buyer's market.
Comments:

$1.7M  
The 22824 zip code market improved in this week's report, as the number of sales went up to three homes sold over the last 30 days. In comparison, the nearby 22835 zip code had 10 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 22824 zip code, with the median for this period rising from $170,950 to $205,000. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 22824 zip code is still a definite buyer's market.
Comments:

$129K  
A three-week rough patch for the overall sales trend continues in the 22824 zip code market, with number of sales staying even at two 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 of all transactions in the 22824 zip code did not budge this week, remaining at $170,950. The 22824 zip code is a solid buyer's market with 20 months of inventory to choose from, aided by the downturn in sales.
Comments:

$319K  
With two homes sold in the 22824 zip code market over the last 30 days, we see no change from last week's numbers. However, nine new listings came into the market. The median sales price of all transactions in the 22824 zip code did not budge this week, remaining at $170,950. Along with flat sales, a relatively high 20 months of inventory indicates that the 22824 zip code is a definite buyer's market.
Comments:

$449K  
22824 is a larger than average zip code in Virginia with a population of 6,009 residents, and it has an average density compared to the rest of the state, with 71.9 people per square mile. Keep in mind, most people in the 22824 zip code own their homes, with a 65.1% ownership ratio.
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