$349K  
The number of price cuts in the 22578 zip code market climbed to four over the last 30 days, furthering a recent positive trend. Even with the drops in list prices, sales remained the same with three homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in the 22578 zip code, and for this period the median sales price slid from $555,000 to $310,000. The 22578 zip code is a strong buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$995K  
Sales rose to three homes sold in the 22578 zip code market over the last 30 days. However, a recent downturn in the amount of pending transactions continued, with zero completed in the same period. Perhaps due to the contracts numbers, months of inventory is on a four-week upswing, this week hitting eight months. Even after uptick in sales, such a large amount of remaining inventory tells us that the 22578 zip code is still a definite buyer's market.
Comments:

$749K  
With one home sold in the 22578 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with four new listings for buyers to choose from. The median sales price of all transactions in the 22578 zip code did not budge this week, remaining at $1,899,000. The 22578 zip code is a definite buyer's market, due to a big 21 months of inventory left and aided by the flat sales.
Comments:

$749K  
Over the last 30 days, the 22578 zip code market improved with one home sold. To put it in perspective, the close-by 23035 zip code registered two homes sold in the same period, the most of all surrounding zip codes. Months of inventory continued to climb, hitting a nine-month high at 21 months. Even after uptick in sales, such a large amount of remaining inventory tells us that the 22578 zip code is still a strong buyer's market.
Comments:

$749K  
The 22578 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 22578 zip code usually averages 2.2 sales per month.
Comments:

$1.1M  
The 22578 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 22578 zip code usually averages 2.3 sales per month. Even with the slow market, the median sales price has been increasing as it hit $0, extending a four-week long spike.
Comments:

$1.1M  
The 22578 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 22578 zip code usually averages 2.4 sales per month.
Comments:

$1.1M  
The population of the 22578 zip code is shrinking slightly slower than the rest of Virginia, at a 10-year growth rate of -15.4%. It's an average-sized zip code compared to the rest of the state, with 2,507 residents. The 22578 zip code is made up of homes that are considered relatively old with a median of 34 years.
Comments:

$749K  
Typically, 22578 zip code accounts for 2.4 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
Comments:

$995K  
Yet again, no deals were completed in the 22578 zip code market over the last 30 days. The 22578 zip code is used to having 2.5 sales per month.
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