$289K  
The 22601 zip code market pulled back with a 17.1% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 32.1 monthly average with 29 homes sold. Meanwhile, the 22602 zip code reported 53 home sales, the highest number from all the surrounding zip codes. The median sales price in the 22601 zip code stayed put this week at $248,000.
Comments:

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%. The 22601 zip code market is almost exclusively made up of detached houses, which currently account for 94% of the homes for sale in the area. Topping the list of best schools in the zip code is John Handley High School.
Comments:

$255K  
The 22601 zip code market slowed with a 16.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (31.6) with 35 homes sold. In comparison, the nearby 22602 zip code had 52 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that there are now four months of inventory available in the 22601 zip code and prices have come down. The median sales price dropped to $248,000.
Comments:

$1.8M  
The 22601 zip code market slowed this week but was still better than normal as sales slid 4.7% to 41 homes sold over the last 30 days. Within the same time frame, the 22602 zip code had 52 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 $292,000. With only three months of inventory to sell, the 22601 zip code is a seller's market, in spite of the dip in sales.
Comments:

$249K  
The 22601 zip code market pulled back this week but was still better than normal as sales slid 9.3% to 39 homes sold over the last 30 days. On the other hand, the close-by 22630 zip code registered 39 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $292,000, up from last week's $255,000. There are only three months of inventory available in the 22601 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$1.8M  
The 22601 zip code market saw sales remain flat this week with 43 homes sold over the last 30 days, while new listings rose to 47. The median sales price has been increasing as it hit $255,000, extending a four-week long spike. There are only three months of inventory available in the 22601 zip code, so it's a seller's market, even if sales are flat.
Comments:

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. With a median age of 42 years, homes in the 22601 zip code tend to be older than most. Heading the list of top schools in the zip code is John Handley High School.
Comments:

$1.8M  
The number of home sales in the 22601 zip code market rose 5.0% to 42 homes over the last 30 days. To put it in perspective, the close-by 22630 zip code registered 47 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed during this period, hitting a three-month high at $260,000. With just three months of inventory available and sales prices going up, the 22601 zip code is a seller's market.
Comments:

$899K  
The 22601 zip code market slowed this week but was still better than normal as sales fell 7.0% to 40 homes sold over the last 30 days. In comparison, the nearby 22630 zip code had 52 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $245,250, up from last week's $233,000. There are only three months of inventory available in the 22601 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$339K  
The 22601 zip code market is still active. Along with a continuing four-week growth trend, bringing this week's numbers up to 38 homes sold over the last 30 days, new listings are at the highest they've been since July. In comparison, 22602 led all other nearby zip codes with 99 new listings. Prices are rising in the 22601 zip code, and the median sales price this period increased from $238,500 to $244,750. The rising contracts and a low two months of inventory mean that the 22601 zip code is a definite seller's market.
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