$469K  
The 22624 zip code market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. The 22624 zip code usually averages 2.9 sales per month.
Comments:

$164K  
The 22624 zip code market is looking quite attractive. In tandem with sales continuing a six-week downward trend, bringing this week's numbers down to zero homes sold over the last 30 days, price reductions are also at the highest they've been since November, with five reported over the same period. In comparison, 25414 led all other nearby zip codes with 51 price reductions.
Comments:

$485K  
The 22624 zip code market remained sluggish with one home sold in the last 30 days, a 50.0% sales drop. Meanwhile, the 22602 zip code reported 41 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $292,000 over the latest reporting period for the 22624 zip code, down from $343,250. Along with the slip in sales, a relatively high 39 months of inventory indicates that the 22624 zip code is a definite buyer's market.
Comments:

The 22624 zip code has a cost of living adjustment score of 112.3, which is expensive when compared to others in Virginia. Also, the area is considered affluent with a median income of $56,230 per household. The 22624 zip code is made up of homes that are relatively old with a median of 26 years. Topping the list of best schools in the zip code is Stonewall Elementary School.
Comments:

$299K  
Over the last 30 days, two homes were sold in the 22624 zip code market, down 33.3%. Additionally, the market is still in a recent downward trend overall. All indications show that the trend should continue, meaning less sales over the next few weeks. The median sales price climbed to $343,250 over the latest reporting period for the 22624 zip code, up from $292,000. The 22624 zip code is a definite buyer's market, due to a downward trend in sales numbers and 10 months of inventory remaining.
Comments:

$494K  
Over the last 30 days, an established downward trend of new sellers coming into the 22624 zip code market continued, with two listings in this week's report. Meanwhile, sales rose, with three 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 went up in the 22624 zip code, with the median for this period rising from $281,625 to $292,000.
Comments:

$159K  
Over the last 30 days, sales in the 22624 zip code market remained at their current pace of one homes. However, the amount of pending transactions continued to improve, reaching a total of three during the same period. While contracts numbers rose, prices dropped. This week's reported median sales price of $168,750 continued a four-week downward trend. With prices falling, the availability of 15 months of inventory means that the 22624 zip code is a strong buyer's market.
Comments:

$159K  
The 22624 zip code market stayed sluggish this week as sales slid 50.0% to land at one home sold over the last 30 days. On the other hand, the close-by 22602 zip code registered 28 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $168,750 over the latest reporting period for the 22624 zip code, up from $166,875. With decreasing sales and the availability of 14 months of inventory, the 22624 zip code is a definite buyer's market.
Comments:

$499K  
With two homes sold in the 22624 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 three new listings for buyers to choose from. The median sales price dropped to $166,875 over the latest reporting period for the 22624 zip code, down from $194,500.
Comments:

$364K  
22624 is an average-sized zip code in Virginia with 2,658 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 24.7%. With an ownership ratio of 82.0%, the vast majority of people in the 22624 zip code are homeowners. Topping the list of best schools in the zip code is Stonewall Elementary School.
Comments:
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