$429K  
The number of homes coming into the 22624 zip code market shrank to zero listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for the 22624 zip code, coming in at $275,000. The 22624 zip code is a strong buyer's market, due to a big 21 months of inventory left and aided by the flat sales.
Comments:

$549K  
The 22624 zip code market got a lift this week as sales ticked up to two homes sold over the last 30 days to go with a recent upward trend of contracts closing, now up to eight. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Potential buyers should note that prices are coming down in the 22624 zip code, and for this period the median sales price slid from $470,000 to $275,000. The 22624 zip code is a still strong buyer's market, in spite of the rising contracts numbers, due to the availability of 20 months of remaining inventory.
Comments:

$549K  
The 22624 zip code market is getting less expensive. While sales came in at one home sold over the last 30 days, price reductions are the highest they've been since September, with nine reported over the same period. In comparison, the 22602 zip code had 49 price reductions in the same time frame, the most of all nearby zip codes. The median sales price remained unchanged over the latest reporting period for the 22624 zip code, coming in at $470,000. Along with flat sales, a relatively high 35 months of inventory indicates that the 22624 zip code is a solid buyer's market.
Comments:

22624 is an average-sized zip code in Virginia with 2,658 residents. Also, it has seen a 24.7% increase in population over the last 10 years. It should be noted that at 82.0%, the vast majority of people own their homes in the 22624 zip code. The top school in the zip code is Stonewall Elementary School.
Comments:

$449K  
The 22624 zip code market will be heating up, as not only have sales inched up this week to one home sold over the last 30 days, but there is an identifiable upward trend of new listings, with five going live in the same time frame. Despite the uptick in sales, there are still 36 months of inventory left to work through, meaning the 22624 zip code is still a definite buyer's market.
Comments:

$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:
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