$374K  
Sales fell in the 22844 zip code market to three homes sold over the last 30 days. It's also under a recent downward trend in the number of contracts closing, with this week's number falling to one. Pricing in the 22844 zip code remains consistent from last week to this week, with the median sales price at $155,000 again. The 22844 zip code is a definite buyer's market, due to a downward trend in contracts numbers and nine months of inventory remaining.
Comments:

$299K  
The number of price cuts in the 22844 zip code market climbed to four over the last 30 days, furthering a new positive trend. Even with the drops in list prices, sales remained the same with four homes sold. The median sales price of all transactions in the 22844 zip code did not budge this week, remaining at $155,000. The 22844 zip code is a solid buyer's market, due to a big seven months of inventory left and aided by the flat sales.
Comments:

$374K  
In this week's report, the number of homes sold in the 22844 zip code market fell to four over the past 30 days. It marked a decrease of 20.0% from last week's report and a fall below the monthly average. In comparison, the nearby 22835 zip code had 10 sales in the same time frame, the most of all neighboring zip codes. The median sales price remained unchanged over the latest reporting period for the 22844 zip code, coming in at $155,000. Along with the slip in sales, a relatively high eight months of inventory indicates that the 22844 zip code is a definite buyer's market.
Comments:

$159K  
The population of the 22844 zip code is somewhat affluent compared to others in Virginia with a median income of $49,919 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 109.1. Homes in the 22844 zip code are relatively old with a median age of 31 years.
Comments:

$299K  
Over the last 30 days, a confirmed downward trend of new sellers coming into the 22844 zip code market continued, with three listings in this week's report. Meanwhile, sales rose, with five homes selling during the same period. The median sales price rose to $155,000 over the latest reporting period for the 22844 zip code, up from $121,500.
Comments:

$159K  
The 22844 zip code market improved this week with two homes sold over the last 30 days. At the same time, the 22835 zip code reported 15 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 22844 zip code, and for this period the median sales price slid from $125,000 to $121,500. Even after the uptick in sales, an elevated 16 months of inventory tells us that the 22844 zip code is still a solid buyer's market.
Comments:

$109K  
With one home sold in the 22844 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with two new listings for buyers to choose from. The median sales price dropped to $125,000, extending a four-week long spiral. Along with the falling prices, the relatively large 33 months of inventory means that the 22844 zip code is a definite buyer's market.
Comments:

$299K  
Home sales in the 22844 zip code market stayed soft in this week's report as they dropped 66.7% to one home sold over the last 30 days. Meanwhile, the 22835 zip code reported 10 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $125,000 over the latest reporting period for the 22844 zip code, up from $103,000. Along with the slip in sales, a relatively high 30 months of inventory indicates that the 22844 zip code is a definite buyer's market.
Comments:

$340K  
With an established downward trend in sellers reducing price, including two markdowns over the last 30 days, sales in the 22844 zip code market remained the same with three over the same stretch of time. The median sales price in the 22844 zip code stayed put this week at $103,000. Along with flat sales, a relatively high 11 months of inventory indicates that the 22844 zip code is a solid buyer's market.
Comments:

$299K  
The 22844 zip code market saw sales remain flat this week with three homes sold over the last 30 days but new listings fell to six. The median sales price remained unchanged over the latest reporting period for the 22844 zip code, coming in at $103,000. The 22844 zip code is a strong buyer's market, due to a big 11 months of inventory left and aided by the flat sales.
Comments:
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