22203 Zip Code Real Estate Market Continues Weakening in Contracts

Sales inched up in the 22203 zip code market to 23 homes sold over the last 30 days. But the market is also under a solid downward trend in the number of contracts closing, with this week's number falling to 11. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. Potential buyers should note that prices are coming down in the 22203 zip code, and for this period the median sales price slid from $678,700 to $612,000. With just two months of inventory available and sales going up, the 22203 zip code is a definite seller's market.

Being aware of new listings is a great exercise in finding the right home so take a look at these in the 22203 zip code:

$888K   $217K   $899K  

Get started right now by checking out 22203 homes for sale or reviewing 22203 real estate trends.

Demographic facts about the 22203 zip code:

  • The total number of households here is 11,413.
  • This area has an unemployment rate of 3.3%.
  • The average school expenditure per student is $9,812. ($5,691 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Keller Williams Capital Properties
47 reviews
Howard Brock Realty Company, Inc.
Snapped 2 homes in this area
Long & Foster Real Estate, Inc.
Snapped 1 home in this area

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