$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:

$7M  
A record 25 homes were sold in the 22485 zip code market over the last 30 days, which is a new high going back to December. This is a 4.2% jump and comes on top of an extended four-week steady increase in sales activity. During the same time frame, 22554 had the most sales of any other neighboring zip codes with 57. As the strong sales numbers suggest, months of inventory is on a four-week downward trend, this week hitting four months.
Comments:

$7M  
The 22485 zip code market saw sales spike 9.5% and it is currently in the midst of a new upward sales trend, including 23 homes sold over the last 30 days. The median sales price in the 22485 zip code rose dramatically to $310,000 while months of inventory was flat at four.
Comments:

$675K  
With 22,985 residents, 22485 is a larger than average zip code in Virginia. Also, with a 44.8% increase over the last 10 years, its population is growing faster than other parts of the state. With a median age of 19 years, homes in the 22485 zip code tend to be of moderate age. 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:

$699K  
The 22485 zip code remained below its 12-month average sales volume this week as sales dropped 8.7% to hit 21 homes sold over the last 30 days. On the other hand, the close-by 22554 zip code registered 43 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should take note that the median sales price in the 22485 zip code rose to $252,000 and that there are four months of inventory still available.
Comments:

$2M  
Home sales rose to 23 homes sold over the last 30 days, providing a lift to the 22485 zip code market. That may continue, due to a three-week upward trend for contracts, with 32 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 22485 zip code climbed to $250,000 while months of inventory was flat at four.
Comments:

$7M  
The number of sellers reducing prices in the 22485 zip code market trended up to 17 over the last 30 days, extending a three-week streak. During the same period, 21 sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price stayed flat at $245,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$7M  
The 22485 zip code market showed signs of life in this week's report, as the number of home sales rose 20.0%, pushing the total to 18 homes sold over the last 30 days. Within the same time frame, the 22554 zip code had 52 sales, the most of all zip codes in the area. The median sales price dropped to $240,000, down from last week's $279,900.
Comments:

$279K  
The 22485 zip code market improved this week with 15 homes sold over the last 30 days. Within the same time frame, the 22554 zip code had 44 sales, the most of all zip codes in the area. Prices are rising in the 22485 zip code, and the median sales price this period increased from $279,450 to $279,900.
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 is almost exclusively made up of detached homes, currently accounting for 99% overall. The best schools in the zip code are King George Elementary School, King George Middle School, and King George High School.
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