The population of the 20106 zip code is very affluent compared to others in Virginia with a median income of $75,016 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 122.9. Homes in the 20106 zip code are of moderate age with a median age of 20 years.
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$6.3M  
The 20106 zip code market saw sales rise 14.3% and it is currently in the midst of a determined upward sales trend, including eight homes sold over the last 30 days. Prices are falling in the 20106 zip code, and this period the median price of all sales fell from $400,000 to $380,250.
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$425K  
Sales retained their current pace and came in at seven homes sold in the 20106 zip code market over the last 30 days. However, a six-week upward trend for contracts was extended, with 15 pending transactions in the same time frame. 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 in the 20106 zip code stayed put this week at $400,000.
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$309K  
Over the last 30 days, a confirmed upward trend of new sellers coming into the 20106 zip code market continued, with 16 listings in this week's report. Meanwhile, sales have fallen, with seven homes selling during the same period. While new seller numbers were solid, months of inventory were further reduced to six, extending a downward trend to four weeks.
Comments:

$6.3M  
There were eight homes sold in the 20106 zip code market over the last 30 days, continuing a three-week growth trend. During the same period, the total number of price reductions was 12, the most since August. When comparing other close-by zip codes within the same period, the most came from the 22701 zip code with 54 price reductions. Prices are rising in the 20106 zip code, and the median sales price this period increased from $350,000 to $393,750.
Comments:

$799K  
The 20106 zip code market took a step back this week as sales fell to nine homes sold over the last 30 days. However, the number of homes under contract shows a new upward trend, and is now at 17. Potential buyers should note that prices are coming down in the 20106 zip code, and for this period the median sales price slid from $372,000 to $300,000.
Comments:

$725K  
Sales remained at nine homes sold over the last 30 days in the 20106 zip code market. Sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to 12 for the same period. The median sales price of all transactions in the 20106 zip code did not budge this week, remaining at $444,000.
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With 5,073 residents, 20106 is an average-sized zip code in Virginia. Also, with 86.7 people per square mile, it has an average density in comparison to other parts of the state. Keep in mind, most people in the 20106 zip code own their homes, with a 79.3% ownership ratio.
Comments:

$6.3M  
Over the last 30 days, the 20106 zip code market looked active with nine homes sold, a 50.0% increase from last week's report. Within the same time frame, the 22701 zip code had 49 sales, the most of all zip codes in the area. The median sales price has been increasing as it hit $444,000, extending a four-week long spike.
Comments:

$350K  
There were four home sales in the 20106 zip code market over the last 30 days. To put it in perspective, the close-by 22701 zip code registered 41 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 20106 zip code, and this period the median price of all sales fell from $434,950 to $374,950. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 20106 zip code is still a strong buyer's market.
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