$499K  
The 22520 zip code market looked solid this week as sales jumped 25.0% to reach five homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, the nearby 22485 zip code had 32 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $240,000, down from last week's $257,500. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 22520 zip code is still a definite buyer's market.
Comments:

$104K  
With an identifiable upward trend of new sellers listing homes, including 22 over the last 30 days, and sales that remained the same at three in that same time frame, the 22520 zip code market will be steady. Pricing in the 22520 zip code remains consistent from last week to this week, with the median sales price at $275,000 again. The 22520 zip code is a solid buyer's market, thanks to a big 20 months of inventory to choose from and the flat sales.
Comments:

$124K  
The 22520 zip code market stayed sluggish this week as sales slid 25.0% to land at three homes sold over the last 30 days. On the other hand, the close-by 22485 zip code registered 26 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $275,000 over the latest reporting period for the 22520 zip code, up from $257,500. Along with the slip in sales, a relatively high 19 months of inventory indicates that the 22520 zip code is a solid buyer's market.
Comments:

$2M  
The 22520 zip code market saw sales drop 20.0% this week but it is currently in the midst of a new upward sales trend, including four homes sold 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. Potential buyers should note that prices went up in the 22520 zip code, with the median for this period rising from $94,000 to $257,500. The 22520 zip code is a strong buyer's market, due to a big 13 months of inventory left and aided by the dip in sales.
Comments:

$229K  
The population of the 22520 zip code is somewhat affluent compared to others in Virginia with a median income of $51,561 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 103.0. Homes in the 22520 zip code are relatively old with a median age of 32 years. Topping the list of best schools in the zip code is Montross Middle School.
Comments:

$119K  
The number of home sales in the 22520 zip code market shot up 25.0% to five homes over the last 30 days, exceeding the 4.7 monthly average for the last 12 months. At the same time, the 22485 zip code reported 25 home sales, the highest number from all the surrounding zip codes. The median sales price of homes sold came in at $94,000, which extended a downward swing in price to four weeks. The 22520 zip code is still a definite buyer's market, due to the availability of 11 months of remaining inventory, even after the uptick in sales.
Comments:

$369K  
Home sales in the 22520 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 20.0% to four homes sold over the last 30 days. Meanwhile, the 22485 zip code reported 25 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 22520 zip code, and for this period the median sales price slid from $94,000 to $91,000. With decreasing sales and the availability of 13 months of inventory, the 22520 zip code is a definite buyer's market.
Comments:

$285K  
Over the last 30 days, sales in the 22520 zip code market remained at their current pace of five homes. However, the amount of pending transactions continued to improve, reaching a total of six during the same period. Pricing in the 22520 zip code remains consistent from last week to this week, with the median sales price at $94,000 again. With no movement in sales and the availability of nine months of inventory, the 22520 zip code is a solid buyer's market.
Comments:

$110K  
The 22520 zip code market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at four. Prices took a turn lower, with the median sales price falling to a three-month low at $119,000. The 22520 zip code is a solid buyer's market, with a big 14 months of inventory to choose from coupled with falling prices.
Comments:

$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:
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