$1.5M  
The 22485 zip code market took a break this week as sales fell to 27 homes sold over the last 30 days. However, the number of homes under contract shows an identifiable upward trend, and is now at 53. Pricing in the 22485 zip code remains consistent from last week to this week, with the median sales price at $299,500 again. The 22485 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

$305K  
The 22485 zip code market recorded 28 home sales over the last 30 days. Also, a record number 61 new listings were posted, the highest since last August. In comparison, 22554 led all other nearby zip codes with 123 new listings. The median sales price rose to $299,700 over the latest reporting period for the 22485 zip code, up from $289,900. The 22485 zip code is a definite buyer's market, with eight months of remaining inventory and aided by the rise in new listings.
Comments:

$275K  
The 22485 zip code market got good news in this week's report, as the number of home sales climbed 13.6%, pushing the total to 25 homes sold over the last 30 days. At the same time, the 22554 zip code reported 113 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 22485 zip code, and the median sales price this period increased from $275,000 to $289,900. The 22485 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 10 months of remaining inventory.
Comments:

$1.5M  
Home sales in the 22485 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 26.7% to 22 homes sold over the last 30 days. Meanwhile, the 22554 zip code reported 133 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 22485 zip code, with the median for this period rising from $270,000 to $275,000. The 22485 zip code is a strong buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:

22485 is a larger than average zip code in Virginia that has seen a 44.8% increase in population over the last 10 years. It also has a total population of 22,985. The 22485 zip code is made up of homes that are considered of moderate age with a median of 19 years. Leading the list of best schools in the zip code are King George Elementary School, King George Middle School, and King George High School.
Comments:

$295K  
With an identifiable upward trend of new sellers listing homes, including 48 over the last 30 days, and sales that have fallen to 29 in that same time frame, the 22485 zip code market will be getting more competitive. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price dropped to $275,000, down from last week's $305,000. Along with the slip in sales, a relatively high seven months of inventory indicates that the 22485 zip code is a definite buyer's market.
Comments:

$324K  
New listings have increased in the 22485 zip code market, reaching a high that hasn't been seen since April. There were also 29 homes sold over the last 30 days. When comparing other close-by zip codes within the same period, the most came from the 22554 zip code with 116 new listings. Potential buyers should note that prices are coming down in the 22485 zip code, and for this period the median sales price slid from $306,250 to $305,000. Along with the upward trend in new listings, there are seven months of inventory left to work through, meaning the 22485 zip code is a solid buyer's market.
Comments:

$1.6M  
In this week's report, the number of homes sold in the 22485 zip code market fell to 23 over the past 30 days. It marked a decrease of 14.8% from last week's report and another period below the monthly average. On the other hand, the close-by 22554 zip code registered 128 homes sold in the same period, the most of all surrounding zip codes. Prices were able to climb as this week's reported median sales price of $305,000 continued a four-week upswing. Along with the slip in sales, a relatively high nine months of inventory indicates that the 22485 zip code is a solid buyer's market.
Comments:

$314K  
Sales remained steady from last week to this week, with 27 homes sold in the 22485 zip code market over the last 30 days. However, a confirmed downturn in the number of pending transactions continued, with 37 completed in the same period. All indications show that the trend may be coming to an end, meaning more 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 $325,000 to $307,500. The 22485 zip code is a strong buyer's market with seven months of inventory to choose from, aided by the downturn in contracts.
Comments:

$129K  
The 22485 zip code market showed no signs of halting a four-week downward contraction, with a record low 27 homes sold in the last 30 days. Sales showed a 6.9% drop from the prior period, returning to a low not seen since March. When comparing other close-by zip codes within the same period, the most came from the 22554 zip code with 113 sales. The median sales price rose to $325,000, up from last week's $315,000. A downturn in sales, coupled with the availability of seven months of inventory, prove that the 22485 zip code is a definite buyer's market.
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