In this week's report, the number of homes sold in the 23503 zip code market slid to 27 over the past 30 days. It marked a decrease of 15.6% from last week's report and a fall below the monthly average. Meanwhile, the 23669 zip code reported 54 home sales, the highest number from all the surrounding zip codes. Prices fell lower as this week's reported median sales price of $170,000 continued a four-week downward trend. Along with the falling prices, the relatively large nine months of inventory means that the 23503 zip code is a definite buyer's market.
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