$5.4M  
Sales fell this week to 31 homes sold in the 22485 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with 40 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. Potential buyers should note that prices are coming down in the 22485 zip code, and for this period the median sales price slid from $244,950 to $227,500.
Comments:

22485 is a zip code that is growing faster than others in Virginia at a 10-year growth rate of 44.8%. It also has a larger than average population of 22,985 people. The 22485 zip code is made up of homes that are of moderate age with a median of 19 years. The top schools in the zip code are King George Elementary School, King George Middle School, and King George High School.
Comments:

$1.5M  
While home sales in the 22485 zip code market have been above average, in this week's report they dropped 11.1% to 32 homes sold over the last 30 days. Within the same time frame, the 22554 zip code had 97 sales, the most of all zip codes in the area. The median sales price dropped to $244,950 over the latest reporting period for the 22485 zip code, down from $283,450.
Comments:

$6M  
The 22485 zip code market is enjoying an extended upward trend, reiterated again this week as sales rose 5.9% to 36 homes over the last 30 days. The median sales price climbed to $354,450, up from last week's $335,812. With only three months of inventory and rising sales, the 22485 zip code is a seller's market.
Comments:

$6M  
Over the last 30 days, the 22485 zip code market looked solid with 32 homes sold, a 3.2% increase from last week's report. In comparison, the nearby 22554 zip code had 74 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 22485 zip code rose to $335,812 while months of inventory was flat at four.
Comments:

$6M  
The 22485 zip code market slowed with a 3.2% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (26.8) with 30 homes sold. On the other hand, the close-by 22554 zip code registered 63 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed during this period, hitting a one-year high at $311,000.
Comments:

$675K  
The 22485 zip code is much older than the rest of Virginia, with a median age of 37. It's affluent as well, with a median income of $69,540 per household. The 22485 zip code market almost exclusively consists of detached houses, accounting for 99% of the current homes in the area. Leading the list of top schools in the zip code are King George Elementary School, King George Middle School, and King George High School.
Comments:

$245K  
The 22485 zip code market saw 31 homes go under contract and failed to break out of a new downward trend. Along with that, total home sales fell to 26 over the last 30 days. The median sales price in the 22485 zip code rose to $271,950 while months of inventory shot up to four.
Comments:

$7M  
The 22485 zip code market is enjoying a determined upward trend, reiterated again this week as sales rose 8.0% to 27 homes over the last 30 days. Months of inventory in the 22485 zip code was flat at four but prices came down, as the median sales price dropped to $249,900.
Comments:

$7M  
The 22485 zip code market saw sales remain steady this week at 25 homes sold over the last 30 days, while it undergoes an identifiable downward trend in price reductions, with 15 in the same time frame. There are four months of inventory remaining in the 22485 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $259,000 this week.
Comments:
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