$2M  
Home sales in the 22520 zip code market stayed sluggish in this week's report as they fell 25.0% to three homes sold over the last 30 days. Meanwhile, the 22485 zip code reported 23 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 22520 zip code, with the median for this period rising from $142,000 to $165,000. The 22520 zip code is a definite buyer's market, due to a big 14 months of inventory left and aided by the dip in sales.
Comments:

$449K  
22520 is a larger than average zip code in Virginia with 5,331 residents. Also, it has a lower than average density with 57.6 people per square mile. It should be noted that at 53.6%, most people own their homes in the 22520 zip code. Heading the list of top schools in the zip code is Montross Middle School.
Comments:

$769K  
The number of price cuts in the 22520 zip code market climbed to 11 over the last 30 days, furthering an identifiable positive trend. Perhaps due to the decreases in list prices, sales increased to four homes sold. The median sales price dropped to $142,000, down from last week's $165,000. The 22520 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.
Comments:

$240K  
The 22520 zip code market saw sales remain at three homes sold over the last 30 days, with a budding upward trend of new listings, as 10 came into the market in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Potential buyers should note that prices went up in the 22520 zip code, with the median for this period rising from $159,000 to $165,000. With no movement in sales and the availability of 16 months of inventory, the 22520 zip code is a definite buyer's market.
Comments:

$499K  
The number of homes coming into the 22520 zip code market jumped to 14 listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. Months of inventory continued a steady rise, trending upwards for four weeks to reach 18 months. Along with the slip in sales, the higher-than-normal inventory indicates that the 22520 zip code is a definite buyer's market.
Comments:

$110K  
The 22520 zip code market may be experiencing a long pullback, but sales managed an uptick this week of 50.0% to three homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Potential buyers should note that prices are coming down in the 22520 zip code, and for this period the median sales price slid from $247,000 to $159,000. The 22520 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of 16 months of remaining inventory.
Comments:

$299K  
The 22520 zip code market saw three homes go under contract and failed to break out of a determined downward trend. Along with that, total home sales fell to two over the last 30 days. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price climbed to $247,000, up from last week's $242,000. The 22520 zip code is a definite buyer's market, due to a downward trend in contracts numbers and 24 months of inventory remaining.
Comments:

$229K  
22520 is a zip code in Virginia. It's somewhat affluent and the cost of living is average compared to the rest of the state, with a median income of $51,561 per household and cost of living adjustment score of 103.0. With a median age of 32 years, homes in the 22520 zip code tend to be relatively old. The top school in the zip code is Montross Middle School.
Comments:

$199K  
On top of an established downward trend in sellers reducing price, including six markdowns over the last 30 days, sales in the 22520 zip code market fell to three over the same stretch of time. The median sales price rose dramatically to $325,000, up from last week's $265,500. With decreasing sales and the availability of 15 months of inventory, the 22520 zip code is a definite buyer's market.
Comments:

$499K  
The 22520 zip code market broke below its 12-month average sales volume this week as sales dropped 33.3% to hit four homes sold over the last 30 days. In comparison, the nearby 22485 zip code had 20 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 22520 zip code, and the median sales price this period increased from $184,000 to $265,500. The 22520 zip code is a solid buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
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