$419K  
The number of sellers reducing prices in the 22572 zip code market trended up to eight over the last 30 days, extending a three-week streak. During the same period, two sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price in the 22572 zip code stayed put this week at $173,500. Along with flat sales, a relatively high 15 months of inventory indicates that the 22572 zip code is a definite buyer's market.
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$192K  
The 22572 zip code market saw sales remain flat this week with two homes sold over the last 30 days but new listings fell to five. The median sales price climbed to $173,500, up from last week's $169,500. With no movement in sales and the availability of 15 months of inventory, the 22572 zip code is a definite buyer's market.
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$192K  
The 22572 zip code market looked solid this week as sales rose 100.0% to reach two homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, the 22443 zip code reported 19 home sales, the highest number from all the surrounding zip codes. A months of inventory number of 14 reported this week continued a four-week upward trend. The 22572 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

22572 is a somewhat affluent zip code in Virginia with a median income of $46,991 per household. The population is also considered younger than most with a median age of 42 years. The 22572 zip code is an area where most people own their homes, with an ownership ratio of 61.2%. Topping the list of best schools in the zip code is Richmond County Int..
Comments:

$155K  
The 22572 zip code market pulled back with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 1.5 monthly average with one home sold. On the other hand, the close-by 22443 zip code registered 19 homes sold in the same period, the most of all surrounding zip codes. The median sales price tumbled to $165,000 over the latest reporting period for the 22572 zip code, down from $372,500. Along with the slip in sales, a relatively high 28 months of inventory indicates that the 22572 zip code is a solid buyer's market.
Comments:

$112K  
Sales fell this week to two homes sold in the 22572 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with three pending transactions in the same time frame. While contracts trended higher, the amount of available homes also increased, reaching a volume of 14 months of inventory, its highest point since December. With decreasing sales and the availability of so much inventory, the 22572 zip code is a strong buyer's market.
Comments:

$155K  
The 22572 zip code market will be more intense, as not only have sales risen this week to four homes sold over the last 30 days, but there is an emerging upward trend of new listings, with six going live 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. Pricing in the 22572 zip code remains consistent from last week to this week, with the median sales price at $271,000 again.
Comments:

$112K  
Over the last 30 days, three homes were sold in the 22572 zip code market, holding even with last week's numbers. However, the market is still in an identifiable downward trend overall. Pricing in the 22572 zip code remains consistent from last week to this week, with the median sales price at $271,000 again. The 22572 zip code is a strong buyer's market with eight months of inventory to choose from, aided by the downturn in sales.
Comments:

$439K  
The 22572 zip code market saw sales remain flat this week with three homes sold over the last 30 days, while new listings rose to eight. The median sales price in the 22572 zip code stayed put this week at $271,000. Along with flat sales, a relatively high nine months of inventory indicates that the 22572 zip code is a strong buyer's market.
Comments:

22572 is a larger than average zip code in Virginia with 7,791 residents. Also, it has seen an 8.3% increase in population over the last 10 years. The 22572 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall. Topping the list of best schools in the zip code is Richmond County Int..
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