$224K  
Over the last 30 days, a pronounced upward trend of new sellers coming into the 22625 zip code market continued, with 17 listings in this week's report. Meanwhile, sales remained flat, with three homes selling during the same period. Prices are falling in the 22625 zip code, and this period the median price of all sales fell from $207,500 to $205,000. Along with flat sales, a relatively high 10 months of inventory indicates that the 22625 zip code is a definite buyer's market.
Comments:

$149K  
Over the last 30 days, three homes were sold in the 22625 zip code market, up 200.0%. However, the market is still in a new downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price dropped to $207,500 over the latest reporting period for the 22625 zip code, down from $260,000. The 22625 zip code is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$999K  
Sales fell this week to one home sold in the 22625 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with seven pending transactions in the same time frame. The median sales price climbed to $260,000 over the latest reporting period for the 22625 zip code, up from $259,500. The 22625 zip code is a strong buyer's market, due to a big 27 months of inventory left and aided by the dip in sales.
Comments:

$230K  
The 22625 zip code market saw sales remain at two homes sold over the last 30 days, with a solid upward trend of new listings, as 14 came into the market in the same time frame. Pricing in the 22625 zip code remains consistent from last week to this week, with the median sales price at $259,500 again. With no movement in sales and the availability of 14 months of inventory, the 22625 zip code is a strong buyer's market.
Comments:

$999K  
The 22625 zip code market stayed sluggish this week as sales slid 33.3% to land at two homes sold over the last 30 days. Within the same time frame, the 22602 zip code had 30 sales, the most of all zip codes in the area. The median sales price dropped to $259,500 over the latest reporting period for the 22625 zip code, down from $315,000. The 22625 zip code is a definite buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
Comments:

$185K  
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. It should be noted that at 73.8%, most people own their homes in the 22625 zip code.
Comments:

$999K  
November was the last time there were so many price reductions in the 22625 zip code market, with five reported over the last 30 days. The market also had three homes change hands. In comparison, 25427 led all other nearby zip codes with 37 price reductions. While the lowering of list prices hit a top, the amount of available homes increased to nine months worth, a six-month high. Along with the slip in sales, the higher-than-normal inventory indicates that the 22625 zip code is a definite buyer's market.
Comments:

$337K  
Sales have risen to six homes sold over the last 30 days in the 22625 zip code market. But sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to seven for the same period. The median sales price dropped to $291,450, potentially helping to reduce the four months of inventory left to be sold.
Comments:

$1.2M  
In this week's report, the number of homes sold in the 22625 zip code market slid to five over the past 30 days. It marked a decrease of 44.4% from last week's report and a fall below the monthly average. Meanwhile, the 22602 zip code reported 17 home sales, the highest number from all the surrounding zip codes. The median sales price remained unchanged over the latest reporting period for the 22625 zip code, coming in at $309,900.
Comments:

$1.2M  
Over the last 30 days, the 22625 zip code market had a lift in home sales with nine. But as sales edged up, the number of pending transactions continued to decline, with a total of five contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in the 22625 zip code, with the median for this period rising from $230,000 to $309,900. The rising sales and a low three months of inventory point to the 22625 zip code being a seller's market.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Keller Williams Realty
Snapped 6 homes in this area
Berkshire Hathaway HomeServices PenFed Realty
Snapped 1 home 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 SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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.