With 3,594 residents, 22625 is an average-sized zip code in Virginia. Also, with a 35.3% increase over the last 10 years, its population is growing faster than other parts of the state. The 22625 zip code is made up of homes that are of moderate age with a median of 20 years.
Comments:

$292K  
With home sales in the 22625 zip code market already below average, in this week's report they fell 11.1% to eight homes sold over the last 30 days. Meanwhile, the 22602 zip code reported 37 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 22625 zip code, and the median sales price this period increased from $190,000 to $225,000. The 22625 zip code is a definite buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Comments:

$190K  
The 22625 zip code market broke below its 12-month average sales volume this week as sales dropped 25.0% to hit nine homes sold over the last 30 days. On the other hand, the close-by 22602 zip code registered 45 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 22625 zip code, and this period the median price of all sales fell from $221,200 to $190,000. The 22625 zip code is a strong buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

$999K  
Over the last 30 days, the 22625 zip code market had a decrease in home sales with 12. Furthermore, the amount of pending transactions continued to decline, with a total of six contracts during the same period. The median sales price climbed to $221,200, up from last week's $212,400. With a downward trend in contracts numbers and eight months of inventory still left to work through, the 22625 zip code is a solid buyer's market.
Comments:

$559K  
A dip in the number of pending transactions in the 22625 zip code market over the last 30 days has resulted in the lowest levels for contracts in three months. However, while nine homes went under contract, there were 17 completed sales, extending a four-week upward trend. When comparing other close-by zip codes within the same period, the most came from the 22602 zip code with 69 contracts executed. Potential buyers should note that prices are coming down in the 22625 zip code, and for this period the median sales price slid from $230,000 to $212,400.
Comments:

$999K  
Over the past 30 days, there have been fewer price cuts in the 22625 zip code market, continuing a three-week declining trend to land at 14. Home sales were also down to 15 over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. As the number of sellers reducing price trended lower, months of inventory still continued to fall, trending downwards for four weeks to reach six months.
Comments:

The 22625 zip code has a population that is older than most in Virginia with a median age of 40 years. Also, it's affluent with a median income of $68,357 per household. Keep in mind, most people in the 22625 zip code own their homes, with a 73.8% ownership ratio.
Comments:

$179K  
The number of home sales in the 22625 zip code market rose 6.7% to 16 homes over the last 30 days. To put it in perspective, the close-by 22602 zip code registered 48 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $222,500 over the latest reporting period for the 22625 zip code, down from $226,000.
Comments:

$129K  
With a confirmed upward trend of new sellers listing homes, including 17 over the last 30 days, and sales that have jumped to 15 in that same time frame, the 22625 zip code market will be more intense. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. As more new listings came into the market, prices have been falling. The median sales price dropped to $226,000, extending a four-week long spiral.
Comments:

$259K  
The 22625 zip code market broke below its 12-month average sales volume this week as sales dropped 20.0% to hit eight homes sold over the last 30 days. Meanwhile, the 22602 zip code reported 48 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 22625 zip code, with the median for this period rising from $184,000 to $200,000. The 22625 zip code is a strong buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Berkshire Hathaway HomeServices PenFed Realty
Snapped 1 home in this area
Keller Williams Realty
Snapped 6 homes in this area
Re/Max Roots
Snapped 2 homes in this area

©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by Black Knight Financial Services. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.