$289K  
With one home sold in the 22454 zip code market over the last 30 days, we see no change from last week's numbers. However, three new listings came into the market. Potential buyers should note that prices are coming down in the 22454 zip code, and for this period the median sales price slid from $499,000 to $285,000. Along with flat sales, a relatively high 39 months of inventory indicates that the 22454 zip code is a definite buyer's market.
Comments:

22454 is an average-sized zip code in Virginia with 2,270 residents. Also, it has seen an 11.7% increase in population over the last 10 years. With an ownership ratio of 51.8%, most people in the 22454 zip code are homeowners.
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$744K  
With an identifiable downward trend of new sellers listing homes, including two over the last 30 days, and sales that remained flat at one in that same time frame, the 22454 zip code market will be cooling. As new listings trended lower, months of inventory unexpectedly still rose, trending upwards for eight weeks to reach 40. Along with the slip in sales, the higher-than-normal inventory indicates that the 22454 zip code is a solid buyer's market.
Comments:

$249K  
The 22454 zip code market recorded one home sale over the last 30 days. Also, a record low two new listings came into the market, the fewest since February. During the same time frame, 22560 had the most of any other neighboring zip codes with 15 new listings. The median sales price in the 22454 zip code stayed put this week at $499,000. In spite of the drop in new listings, with the availability of 41 months of inventory, the 22454 zip code is still a solid buyer's market.
Comments:

$249K  
The number of sellers who put their homes up for sale in the 22454 zip code market over the last 30 days remained flat this week at five. Home sales also remained unchanged from the prior period and once again one home was sold. Pricing in the 22454 zip code remains consistent from last week to this week, with the median sales price at $499,000 again. Along with flat sales, a relatively high 38 months of inventory indicates that the 22454 zip code is a definite buyer's market.
Comments:

$219K  
The number of homes coming into the 22454 zip code market fell to five listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. Potential buyers should note that prices went up in the 22454 zip code, with the median for this period rising from $138,000 to $499,000. Along with flat sales, a relatively high 40 months of inventory indicates that the 22454 zip code is a solid buyer's market.
Comments:

$229K  
The number of price cuts in the 22454 zip code market climbed to 17 over the last 30 days, furthering a pronounced positive trend. Even with the drops in list prices, sales remained the same with one home sold. Even as the number of sellers reducing price trended higher, months of inventory continued to climb, trending upwards for four weeks to reach 41 months. With decreasing sales and the availability of so much inventory, the 22454 zip code is a strong buyer's market.
Comments:

$159K  
The 22454 zip code market saw sales remain flat this week with one home sold over the last 30 days, while new listings jumped to 11. The median sales price dropped to $138,000, extending a four-week long spiral. Along with the falling prices, the relatively large 43 months of inventory means that the 22454 zip code is a definite buyer's market.
Comments:

The population of the 22454 zip code is somewhat affluent compared to others in Virginia with a median income of $48,619 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 100.6. The 22454 zip code is made up of homes that are considered relatively old with a median of 35 years.
Comments:

$159K  
Home sales in the 22454 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 66.7% to one home sold over the last 30 days. On the other hand, the close-by 22560 zip code registered 14 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose dramatically to $138,000, up from last week's $79,500. The 22454 zip code is a definite buyer's market, due to a big 43 months of inventory left and aided by the dip in sales.
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