$479K  
In this week's report, the number of homes sold in the 22835 zip code market fell to 11 over the past 30 days, a decrease of 8.3% from last week's report, but still above the monthly average. Within the same time frame, the 22842 zip code had eight sales, the most of all zip codes in the area. The median sales price dropped to $170,000 over the latest reporting period for the 22835 zip code, down from $174,750. Along with the slip in sales, a relatively high nine months of inventory indicates that the 22835 zip code is a strong buyer's market.
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$179K  
The population of the 22835 zip code is somewhat affluent compared to others in Virginia with a median income of $46,601 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 100.7. The 22835 zip code is made up of homes that are relatively old with a median of 37 years.
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$475K  
Sales in the 22835 zip code market dropped to 11 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 19, which continues a determined upward trend in price reductions. The median sales price dropped to $170,000 over the latest reporting period for the 22835 zip code, down from $174,750. The 22835 zip code is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
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$115K  
The number of home sales in the 22835 zip code market rose 6.7% to 16 homes over the last 30 days. In comparison, the nearby 22842 zip code had nine sales in the same time frame, the most of all neighboring zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $174,750.
Comments:

$179K  
The 22835 zip code market will be less selective in the coming weeks. Sales rose this week to 14 homes sold over the last 30 days, and there is a solid downward trend in the number of new listings, with 12 going live in the same time frame. 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 climbed to $191,000 over the latest reporting period for the 22835 zip code, up from $174,000. The 22835 zip code is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$475K  
This week in the 22835 zip code market, sales rose to 11 homes sold over the last 30 days, which might be due in part to an identifiable upward trend in price reductions, with 16 being reported in the same time frame. Prices are rising in the 22835 zip code, and the median sales price this period increased from $174,000 to $182,000. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 22835 zip code is still a definite buyer's market.
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$499K  
Over the last 30 days, the 22835 zip code market was active with 10 homes sold. It marks a 42.9% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, the close-by 22844 zip code registered six homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $174,000 over the latest reporting period for the 22835 zip code, up from $166,000. The 22835 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 10 months of remaining inventory.
Comments:

$179K  
With 11,496 residents, 22835 is a larger than average zip code in Virginia. Also, with 76.6 people per square mile, it has an average density in comparison to other parts of the state. It should be noted that at 59.2%, most people own their homes in the 22835 zip code.
Comments:

$475K  
The 22835 zip code market is getting less expensive. While sales came in at six homes sold over the last 30 days, price reductions are the highest they've been since November, with 20 reported over the same period. When comparing other close-by zip codes within the same period, the most came from the 22610 zip code with 15 price reductions. The median sales price rose to $171,500, up from last week's $160,500. Along with flat sales, a relatively high 17 months of inventory indicates that the 22835 zip code is a definite buyer's market.
Comments:

$179K  
The 22835 zip code market slowed with a 54.5% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 8.4 monthly average with five homes sold. Meanwhile, the 22844 zip code reported seven home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $166,000, down from last week's $185,000. With decreasing sales and the availability of 21 months of inventory, the 22835 zip code is a definite buyer's market.
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