$385K  
The population of the 22603 zip code is affluent compared to others in Virginia with a median income of $64,948 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 109.3. With a median age of 19 years, homes in the 22603 zip code tend to be of moderate age. The top school in the zip code is James Wood High School.
Comments:

$385K  
The 22603 zip code market slowed with a 21.4% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 13.4 monthly average with 11 homes sold. Within the same time frame, the 25427 zip code had 23 sales, the most of all zip codes in the area. There are four months of inventory remaining in the 22603 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $244,000 this week.
Comments:

$1.2M  
The number of home sales in the 22603 zip code market rose 16.7% to 14 homes over the last 30 days, exceeding the 13.5 monthly average for the last 12 months. In comparison, the nearby 25427 zip code had 27 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 22603 zip code stayed flat at $250,500 while months of inventory was flat at four.
Comments:

$120K  
This week in the 22603 zip code market, sales fell to 12 homes sold over the last 30 days, even as it endures a recent upward trend in price reductions, with 26 reported in the same time frame. While price reduction numbers rose, sale prices dropped. This week's reported median sales price of $250,500 continued an eight-week downward trend.
Comments:

$354K  
In this week's report, the number of homes sold in the 22603 zip code market fell to 12 over the past 30 days. It marked a decrease of 7.7% from last week's report and another period below the monthly average. Meanwhile, the 22602 zip code reported 30 home sales, the highest number from all the surrounding zip codes. The median sales price in the 22603 zip code rose to $219,950 while months of inventory was flat at four.
Comments:

$329K  
The 22603 zip code market got a boost this week as sales inched up to 13 homes sold over the last 30 days to go with a determined upward trend of contracts closing, now up to 19. The median sales price in the 22603 zip code stayed flat at $200,000 while months of inventory plummeted to four.
Comments:

$279K  
22603 is a larger than average zip code in Virginia with a population of 14,885 residents. Also, it has a higher than average density with 148.3 people per square mile. Keep in mind, most people in the 22603 zip code own their homes, with a 70.0% ownership ratio. The top school in the zip code is James Wood High School.
Comments:

$120K  
The 22603 zip code market showed no signs of halting a three-week downward contraction, with a record low eight homes sold in the last 30 days. Sales showed a 27.3% drop from the prior period, returning to a low not seen since August. When comparing other close-by zip codes within the same period, the most came from the 22602 zip code with 23 sales. Furthermore, a three-week downward trend in sales is expected to continue over the coming weeks. Potential buyers should note that prices are coming down in the 22603 zip code, and for this period the median sales price slid from $229,000 to $214,500. With a downward trend in sales numbers and seven months of inventory still left to work through, the 22603 zip code is a definite buyer's market.
Comments:

$120K  
Over the last 30 days, the 22603 zip code market looked solid with 10 homes sold. It marks an 11.1% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, the 22601 zip code had 24 sales, the most of all zip codes in the area. The median sales price of homes sold came in at $234,450, which extended a downward swing in price to four weeks.
Comments:

$120K  
Sales fell this week to nine homes sold in the 22603 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with 16 pending transactions in the same time frame. At the same time that contracts trended higher, months of inventory rose to six, its highest point since November.
Comments:
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