$125K  
On top of a 25.0% drop in sales numbers this week to land at 15 homes sold over the last 30 days, the 22601 zip code market still shows a recent trend downward overall. The median sales price dropped to $205,000, down from last week's $272,500.
Comments:

$1.2M  
The 22601 zip code market stayed soft this week as sales fell 16.7% to land at 20 homes sold over the last 30 days. In comparison, the nearby 22602 zip code had 23 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 22601 zip code stayed flat at $272,500 while months of inventory shot up to four.
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$1.8M  
Over the last 30 days, the 22601 zip code market had a lift in home sales with 24. But as sales edged up, the number of pending transactions continued to decline, with a total of 25 contracts during the same period. As contracts trended lower, prices have been increasing. The median sales price hit $272,500, extending a four-week long spike. The rising prices, along with the fact that there are a lower-than-normal three months of inventory, drive home the fact that the 22601 zip code is a seller's market.
Comments:

$320K  
With home sales in the 22601 zip code market already below average, in this week's report they slid 18.5% to 22 homes sold over the last 30 days. On the other hand, the close-by 22630 zip code registered 18 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $255,900, down from last week's $266,800. In spite of the decrease in sales, a low three months of inventory signals that the 22601 zip code is a seller's market.
Comments:

$319K  
22601 is a larger than average zip code in Virginia with 26,953 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 10.8%. Detached homes account for 89% of the area's current housing market. The best school in the zip code is John Handley High School.
Comments:

$112K  
Over the past 30 days, there have been fewer price cuts in the 22601 zip code market, continuing a six-week declining trend to land at 14. Home sales were also down to 27 over the same period. Prices are rising in the 22601 zip code, and the median sales price this period increased from $246,500 to $266,800. In spite of the decrease in sales, a low three months of inventory signals that the 22601 zip code is a seller's market.
Comments:

$144K  
The 22601 zip code market pulled back with a 6.2% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (28.5) with 30 homes sold. Within the same time frame, the 22602 zip code had 33 sales, the most of all zip codes in the area. The median sales price remained unchanged over the latest reporting period for the 22601 zip code, coming in at $246,500. Despite the slip in sales, a relatively low three months of inventory indicates that the 22601 zip code is a seller's market.
Comments:

$224K  
The 22601 zip code market pulled back this week but was still better than normal as sales fell 3.1% to 31 homes sold over the last 30 days. Meanwhile, the 22602 zip code reported 43 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 22601 zip code, and for this period the median sales price slid from $250,750 to $248,000. Despite the slip in sales, a relatively low two months of inventory indicates that the 22601 zip code is a definite seller's market.
Comments:

$1.2M  
There were 31 homes sold in the 22601 zip code market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since last January at 13. In comparison, the 22630 zip code had 29 price reductions in the same time frame, the most of all nearby zip codes. Furthermore, a three-week upward trend in pending transactions is expected to come to an end over the coming weeks. The median sales price jumped to $248,000, up from last week's $195,000. There are only two months of inventory available in the 22601 zip code, and combined with shrinking contracts numbers, it's a definite seller's market.
Comments:

$224K  
The 22601 zip code has a cost of living adjustment score of 105.2, which is expensive when compared to others in Virginia. Also, the area is considered less affluent than average with a median income of $43,865 per household. Homes in the 22601 zip code are older than most with a median age of 42 years. The best school in the zip code is John Handley High School.
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