$550K  
The 22842 zip code market took a breather this week as sales fell to eight homes sold over the last 30 days. However, the number of homes under contract shows a new upward trend, and is now at 10. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price rose to $182,000, up from last week's $164,500. With decreasing sales and the availability of 10 months of inventory, the 22842 zip code is a definite buyer's market.
Comments:

$2.6M  
The 22842 zip code market made gains in this week's report, as the number of home sales rose 11.1%, pushing the total to 10 homes sold over the last 30 days. At the same time, the 22664 zip code reported 12 home sales, the highest number from all the surrounding zip codes. The median sales price has been increasing as it hit $164,500, extending a four-week long spike. Despite the rising prices, with eight months of inventory left to work through, the 22842 zip code is still a definite buyer's market.
Comments:

$550K  
While home sales in the 22842 zip code market have been above average, in this week's report they slid 10.0% to nine homes sold over the last 30 days. On the other hand, the close-by 22835 zip code registered 16 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 22842 zip code, up from $166,450. The 22842 zip code is a definite buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

$175K  
The 22842 zip code market showed healthy signs this week as sales rocketed 80.0% to reach nine homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, the 22664 zip code reported 15 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $174,000, up from last week's $147,000. The 22842 zip code is still a definite buyer's market, due to the availability of nine months of remaining inventory, even after the uptick in sales.
Comments:

$175K  
22842 is a zip code that is growing faster than others in Virginia at a 10-year growth rate of 14.4%. It also has a larger than average population of 5,611 people. The 22842 zip code is made up of homes that are relatively old with a median of 33 years.
Comments:

$110K  
The 22842 zip code market is experiencing an extended pullback, but sales managed an uptick this week of 66.7% to five 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 $147,000, down from last week's $158,900. The 22842 zip code is still a definite buyer's market, due to the availability of 17 months of remaining inventory, even after the uptick in sales.
Comments:

$269K  
The 22842 zip code market remained sluggish with three homes sold in the last 30 days, a 40.0% sales drop. Meanwhile, the 22664 zip code reported 12 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $158,900, up from last week's $155,000. Along with the slip in sales, a relatively high 29 months of inventory indicates that the 22842 zip code is a definite buyer's market.
Comments:

$175K  
The number of home sales in the 22842 zip code market climbed 66.7% to five homes over the last 30 days, coming close to the 6.2 monthly average for the last 12 months. To put it in perspective, the close-by 22664 zip code registered nine homes sold in the same period, the most of all surrounding zip codes. Months of inventory hit 18 this period, extending an upward trend to four weeks. Despite the uptick in sales, the large amount of remaining inventory indicates that the 22842 zip code is still a definite buyer's market.
Comments:

$110K  
On top of a 40.0% decline in sales numbers this week to land at three homes sold over the last 30 days, the 22842 zip code market still shows an identifiable trend downward overall. The median sales price remained unchanged over the latest reporting period for the 22842 zip code, coming in at $127,000. A downturn in sales, coupled with the availability of 29 months of inventory, prove that the 22842 zip code is a strong buyer's market.
Comments:

$679K  
With home sales in the 22842 zip code market already below average, in this week's report they slid 16.7% to five homes sold over the last 30 days. On the other hand, the close-by 22664 zip code registered 12 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $127,000, down from last week's $142,500. The 22842 zip code is a definite buyer's market, thanks to a big 18 months of inventory to choose from and a pullback in sales.
Comments:
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