$119K  
Over the last 30 days, a new upward trend of new sellers coming into the 22637 zip code market continued, with six listings in this week's report. Meanwhile, sales remained flat, with two homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are falling in the 22637 zip code, and this period the median price of all sales fell from $354,950 to $320,000. With no movement in sales and the availability of 24 months of inventory, the 22637 zip code is a solid buyer's market.
Comments:

22637 is a zip code in Virginia. It's affluent and the cost of living is expensive compared to the rest of the state, with a median income of $57,096 per household and cost of living adjustment score of 103.5. Homes in the 22637 zip code are relatively old with a median age of 27 years.
Comments:

$293K  
Over the last 30 days, two homes were sold in the 22637 zip code market, holding even with last week's numbers. However, the market is still in a persistent downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Pricing in the 22637 zip code remains consistent from last week to this week, with the median sales price at $354,950 again. The 22637 zip code is a definite buyer's market with 26 months of inventory to choose from, aided by the downturn in sales.
Comments:

$234K  
More sellers put their homes up for sale in the 22637 zip code market over the last 30 days and the number of new listings climbed this week to eight. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price in the 22637 zip code stayed put this week at $354,950. The 22637 zip code is a strong buyer's market, thanks to a big 25 months of inventory to choose from and the flat sales.
Comments:

$799K  
With two homes sold in the 22637 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 seven new listings for buyers to choose from. The average selling price hit a milestone at $354,950, a six-month high. The 22637 zip code is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$274K  
The 22637 zip code market may be experiencing a prolonged pullback as sales slumped again this week by 66.7% to one home sold over the last 30 days. Prices are rising in the 22637 zip code, and the median sales price this period increased from $55,000 to $399,900. The 22637 zip code is a strong buyer's market, due to a downward trend in sales numbers and 36 months of inventory remaining.
Comments:

$259K  
The number of homes coming into the 22637 zip code market fell to three listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. Prices fell lower as this week's reported median sales price of $55,000 continued a four-week downward trend. Along with the falling prices, the relatively large 10 months of inventory means that the 22637 zip code is a solid buyer's market.
Comments:

With 1,936 residents, 22637 is a smaller-than-average zip code in Virginia. Also, with 47.5 people per square mile, it has a lower than average density in comparison to other parts of the state. The 22637 zip code is an area where most people own their homes, with an ownership ratio of 71.8%.
Comments:

$799K  
Home sales in the 22637 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 25.0% to three homes sold over the last 30 days. Within the same time frame, the 22602 zip code had 49 sales, the most of all zip codes in the area. Prices are falling in the 22637 zip code, and this period the median price of all sales fell from $175,000 to $55,000. Along with the slip in sales, a relatively high 10 months of inventory indicates that the 22637 zip code is a strong buyer's market.
Comments:

$799K  
The 22637 zip code market slowed with a 20.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (3.6) with four homes sold. In comparison, the nearby 22602 zip code had 48 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 22637 zip code, with the median for this period rising from $100,000 to $175,000. The 22637 zip code is a definite buyer's market, thanks to a big eight 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

©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.