$674K  
In this week's report, the number of homes sold in the 20106 zip code market dropped to five over the past 30 days. It marked a decrease of 37.5% from last week's report and a fall below the monthly average. In comparison, the nearby 22701 zip code had 38 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose dramatically to $459,000, up from last week's $286,500.
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$995K  
Despite an 11.1% reduction in sales over the last 30 days, the 20106 zip code market extended a three-week hot streak with a total of eight homes sold in that span. As the strong sales numbers suggest, months of inventory is on a four-week downward trend, this week hitting four months.
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$749K  
20106 is an average-sized zip code in Virginia with a population of 5,073 residents, and it has an average density compared to the rest of the state, with 86.7 people per square mile. It should be noted that at 79.3%, most people own their homes in the 20106 zip code.
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$699K  
The 20106 zip code market pulled back with an 11.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (6.0) with eight homes sold. On the other hand, the close-by 22701 zip code registered 28 homes sold in the same period, the most of all surrounding zip codes. Months of inventory in the 20106 zip code was flat at four but prices came down, as the median sales price dropped to $332,500.
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$749K  
Sales in the 20106 zip code market remained flat at seven homes sold over the last 30 days, while the number of sellers reducing their list prices reached seven, which continues a budding upward trend in price reductions. The median sales price in the 20106 zip code stayed put this week at $360,000.
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$749K  
The 20106 zip code market got good news this week as sales spiked 75.0% to reach seven homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, the nearby 22701 zip code had 20 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 20106 zip code, and this period the median price of all sales fell from $382,000 to $360,000.
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$699K  
With four homes sold in the 20106 zip code market over the last 30 days, we see no change from last week's numbers. However, nine new listings came into the market. The median sales price dropped to $382,000 over the latest reporting period for the 20106 zip code, down from $393,000. The 20106 zip code is a solid buyer's market, due to a big eight months of inventory left and aided by the flat sales.
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$749K  
The number of price cuts in the 20106 zip code market climbed to three over the last 30 days, furthering an identifiable positive trend. Even with the drops in list prices, sales remained the same with three homes sold. The median sales price remained unchanged over the latest reporting period for the 20106 zip code, coming in at $397,000. Along with flat sales, a relatively high 11 months of inventory indicates that the 20106 zip code is a strong buyer's market.
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$749K  
The 20106 zip code has a cost of living adjustment score of 122.9, which is expensive when compared to others in Virginia. Also, the area is considered very affluent with a median income of $75,016 per household. The 20106 zip code is made up of homes that are considered of moderate age with a median of 20 years.
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$799K  
Over the last 30 days, the 20106 zip code market improved with three homes sold. To put it in perspective, the close-by 22701 zip code registered 23 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 20106 zip code, with the median for this period rising from $301,270 to $397,000. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 20106 zip code is still a solid buyer's market.
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