$569K  
The number of home sales in the 22603 zip code market climbed 23.5% to 21 homes over the last 30 days. At the same time, the 22601 zip code reported 43 home sales, the highest number from all the surrounding zip codes. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $282,000 this week.
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$499K  
While home sales in the 22603 zip code market have been above average, in this week's report they dropped 23.8% to 16 homes sold over the last 30 days. Within the same time frame, the 22601 zip code had 42 sales, the most of all zip codes in the area. Prices are rising in the 22603 zip code, and the median sales price this period increased from $255,900 to $270,500.
Comments:

$260K  
Sales rose to 20 homes sold in the 22603 zip code market over the last 30 days. However, an identifiable downturn in the amount of pending transactions continued, with 22 completed in the same period. While contracts were soft, months of inventory were further reduced to four, extending a downward trend to four weeks.
Comments:

22603 is a larger than average zip code in Virginia with 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. Topping the list of best schools in the zip code is James Wood High School.
Comments:

$950K  
On top of a recent downward trend in sellers reducing price, including 14 markdowns over the last 30 days, sales in the 22603 zip code market fell to 16 over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. While price reduction numbers dropped, sale prices were able to climb. This week's reported median sales price of $234,450 continued a four-week upswing.
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$140K  
Over the last 30 days, the 22603 zip code market showed healthy signs with 18 homes sold. It marks a 50.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, the 22602 zip code had 44 sales, the most of all zip codes in the area. Prices are rising in the 22603 zip code, and the median sales price this period increased from $229,950 to $230,950. The rising sales and a low three months of inventory point to the 22603 zip code being a seller's market.
Comments:

$419K  
The 22603 zip code market pulled back with a 7.7% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 13.6 monthly average with 12 homes sold. Meanwhile, the 22602 zip code reported 38 home sales, the highest number from all the surrounding zip codes. Months of inventory in the 22603 zip code spiked to four but prices came down, as the median sales price dropped to $229,950.
Comments:

$519K  
The number of home sales in the 22603 zip code market climbed 20.0% to 12 homes over the last 30 days, coming close to the 13.5 monthly average for the last 12 months. At the same time, the 22602 zip code reported 28 home sales, the highest number from all the surrounding zip codes. The median sales price in the 22603 zip code climbed to $244,200 while months of inventory fell to four.
Comments:

$299K  
Over the last 30 days, a confirmed downward trend of new sellers coming into the 22603 zip code market continued, with 14 listings in this week's report. Meanwhile, sales fell, with 10 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few 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 $244,000 to $219,000.
Comments:

$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.
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