$245K  
More sellers put their homes up for sale in the 22542 zip code market over the last 30 days and the number of new listings climbed this week to two. Home sales remained unchanged from the prior period and once again two homes were sold. A months of inventory number of four reported this week continued a four-week downward trend.
Comments:

$245K  
The 22542 zip code has a cost of living adjustment score of 101.9, which is average when compared to others in Virginia. Also, the area is considered affluent with a median income of $54,819 per household. With a median age of 17 years, homes in the 22542 zip code tend to be of moderate age.
Comments:

$249K  
The 22542 zip code market slowed with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 2.7 monthly average with two homes sold. Meanwhile, the 22701 zip code reported 26 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 22542 zip code, and for this period the median sales price slid from $260,350 to $114,850.
Comments:

$349K  
With four homes sold in the 22542 zip code market over the last 30 days, we see no change from last week's numbers. However, one new listing came into the market. The median sales price has been increasing as it hit $260,350, extending a four-week long spike. Despite the flat sales, a relatively low three months of inventory remaining indicates that the 22542 zip code is a seller's market.
Comments:

$245K  
The 22542 zip code market might be slowing in the coming weeks. Sales stayed steady at three homes sold over the last 30 days, but there is an extended downward trend in the number of new listings, with zero going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price stayed flat at $380,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$229K  
The 22542 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 zero. Potential buyers should take note that the median sales price in the 22542 zip code stayed flat at $380,000 and that there are four months of inventory still available.
Comments:

$245K  
22542 is a smaller-than-average zip code in Virginia with 1,643 residents. Its population is also growing faster than others at a 10-year growth rate of 7.0%. It should be noted that at 76.7%, most people own their homes in the 22542 zip code.
Comments:

$229K  
The 22542 zip code market may be experiencing a long pullback, but sales managed an uptick this week of 200.0% 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. The median sales price in the 22542 zip code jumped to $380,000 while months of inventory shrunk to four.
Comments:

$275K  
Over the last 30 days, a budding downward trend of new sellers coming into the 22542 zip code market continued, with one listing in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. The median sales price dropped to $200,000 over the latest reporting period for the 22542 zip code, down from $239,900. Along with flat sales, a relatively high 12 months of inventory indicates that the 22542 zip code is a definite buyer's market.
Comments:

$349K  
Sales fell in the 22542 zip code market to one home sold over the last 30 days. It's also under a determined downward trend in the number of contracts closing, with this week's number falling to four. As contracts trended down, prices found a top, with the average selling price rising to $239,900, a six-month high. The 22542 zip code is still a definite buyer's market, even with the rising prices, due to the downward trend in contracts numbers and a large 12 months of inventory available.
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