$729K  
Once again, no deals were completed in the 22503 zip code market over the last 30 days. The 22503 zip code is used to having 1.6 sales per month.
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$825K  
The 22503 zip code market seems to have gone completely and unexpectedly quiet as no sales were reported over the previous 30 days. The 22503 zip code usually averages 1.7 sales per month.
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$250K  
There has been one home sold in the 22503 zip code market over the last 30 days, continuing a four-week upturn. During the same period, there were seven new listings posted, the most since April. During the same time frame, 22473 had the most new listings of any other neighboring zip codes with seven. Pricing in the 22503 zip code remains consistent from last week to this week, with the median sales price at $147,500 again. The 22503 zip code is a solid buyer's market, due to a big 40 months of inventory left and aided by the flat sales.
Comments:

The 22503 zip code has a population that is much younger than most in Virginia with a median age of 51 years. Also, it's much less affluent than average with a median income of $34,023 per household. The 22503 zip code is an area where most people own their homes, with an ownership ratio of 57.9%. Heading the list of top schools in the zip code is Lancaster High School.
Comments:

$1.3M  
The 22503 zip code market is enjoying an extended upward trend, even as sales fell to one home over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price rose to $147,500 over the latest reporting period for the 22503 zip code, up from $113,750. With decreasing sales and the availability of 41 months of inventory, the 22503 zip code is a strong buyer's market.
Comments:

$278K  
The 22503 zip code market saw sales remain flat this week with two homes sold over the last 30 days, while new listings rose to four. The median sales price remained unchanged over the latest reporting period for the 22503 zip code, coming in at $113,750. The 22503 zip code is a definite buyer's market, due to a big 21 months of inventory left and aided by the flat sales.
Comments:

$749K  
The number of home sales in the 22503 zip code market rose 100.0% to two homes over the last 30 days, exceeding the 1.8 monthly average for the last 12 months. At the same time, the 23169 zip code reported six home sales, the highest number from all the surrounding zip codes. Prices are rising in the 22503 zip code, and the median sales price this period increased from $80,000 to $113,750. Even after the uptick in sales, an elevated 21 months of inventory tells us that the 22503 zip code is still a solid buyer's market.
Comments:

$105K  
Fewer sellers put their homes up for sale in the 22503 zip code market over the last 30 days and the number of new listings plummeted this week to one. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price of homes sold came in at $80,000, which extended a downward swing in price to four weeks. With prices falling, the availability of 40 months of inventory means that the 22503 zip code is a strong buyer's market.
Comments:

$749K  
The 22503 zip code market improved in this week's report, as the number of sales went up to one home sold over the last 30 days. Within the same time frame, the 22572 zip code had three sales, the most of all zip codes in the area. The 22503 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 44 months of remaining inventory.
Comments:

22503 is an average-sized zip code in Virginia with 4,472 residents. Also, it has seen a 0.9% decrease in population over the last 10 years. The 22503 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. Heading the list of top schools in the zip code is Lancaster High School.
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