$750K  
November was the last time there were so many price reductions in the 22560 zip code market, with nine reported over the last 30 days. The market also had seven homes change hands. In comparison, the 23009 zip code had eight price reductions in the same time frame, the most of all nearby zip codes. The median sales price dropped to $143,000 over the latest reporting period for the 22560 zip code, down from $180,775. The 22560 zip code is a solid buyer's market, thanks to the rise in price reductions and the availability of eight months of remaining inventory.
Comments:

$750K  
Over the last 30 days, the 22560 zip code market showed gains with six homes sold. It marks a 20.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, the close-by 23009 zip code registered eight homes sold in the same period, the most of all surrounding zip codes. The median sales price tumbled to $180,775 over the latest reporting period for the 22560 zip code, down from $279,000. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 22560 zip code is still a definite buyer's market.
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$750K  
Sales ticked up in the 22560 zip code market to five homes sold over the last 30 days. But the market is also under an established downward trend in the number of contracts closing, with this week's number falling to five. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. However, as contracts trended lower, months of inventory also continued to fall, trending downwards for eight weeks to 10 months. Even after uptick in sales, such a large amount of remaining inventory tells us that the 22560 zip code is still a strong buyer's market.
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$675K  
The 22560 zip code market closed in on its 12-month sales average this week with four homes sold over the last 30 days. At the same time, the 23009 zip code reported four home sales, the highest number from all the surrounding zip codes. The median sales price jumped to $248,775, up from last week's $140,000. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 22560 zip code is still a strong buyer's market.
Comments:

$179K  
The 22560 zip code is older than the rest of Virginia, with a median age of 42. It's somewhat affluent as well, with a median income of $48,648 per household. The 22560 zip code market is primarily made up of detached houses, which currently account for 84% of the homes for sale in the area. The best school in the zip code is Essex Int..
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$549K  
With three homes sold in the 22560 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with 11 new listings for buyers to choose from. Prices are falling in the 22560 zip code, and this period the median price of all sales fell from $290,000 to $140,000. With no movement in sales and the availability of 15 months of inventory, the 22560 zip code is a strong buyer's market.
Comments:

$549K  
The 22560 zip code market saw sales remain consistent with three homes sold over the last 30 days and is also under a confirmed downward trend in the number of contracts closing, with this week's number falling to five. The median sales price rose dramatically to $290,000 over the latest reporting period for the 22560 zip code, up from $56,000. The 22560 zip code is a definite buyer's market, due to a downward trend in contracts numbers and 16 months of inventory remaining.
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$769K  
Fewer sellers put their homes up for sale in the 22560 zip code market over the last 30 days and the number of new listings fell this week to seven. Home sales remained unchanged from the prior period and once again two homes were sold. Months of inventory continued a steady fall, trending downwards for four weeks to reach 22 months. The 22560 zip code is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
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$859K  
The 22560 zip code market is enjoying an unwavering upward trend, even as sales fell to two homes 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 tumbled to $43,400 over the latest reporting period for the 22560 zip code, down from $211,000. The 22560 zip code is a solid buyer's market, thanks to a big 22 months of inventory to choose from and a pullback in sales.
Comments:

$859K  
The 22560 zip code market saw sales remain flat this week with three homes sold over the last 30 days but new listings fell to six. Prices were able to climb as this week's reported median sales price of $211,000 continued a four-week upswing. Along with flat sales, a relatively high 16 months of inventory indicates that the 22560 zip code is a solid buyer's market.
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