$270K  
The 22640 zip code market was quiet this week and reported zero home sales over the last 30 days. The 22640 zip code usually averages 0.8 sales per month.
Comments:

The 22640 zip code has a much younger population than other areas in Virginia with a median age of 46 years. It is also affluent with a median income of $63,818 per household. Detached homes account for 100% of the area's current housing market.
Comments:

$1.3M  
The 22640 zip code market was quiet this week as no sales were reported over the previous 30 days. The 22640 zip code usually averages 0.8 sales per month. All indications show that the trend should continue, meaning less price reductions over the next few weeks.
Comments:

$695K  
No deals were completed in the 22640 zip code market over the last 30 days. The 22640 zip code usually averages 0.8 sales per month.
Comments:

$1.3M  
The number of homes coming into the 22640 zip code market stayed firm with one listing over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price in the 22640 zip code stayed put this week at $280,000. With no movement in sales and the availability of 17 months of inventory, the 22640 zip code is a solid buyer's market.
Comments:

$1.3M  
The 22640 zip code market saw zero homes go under contract, and failed to break out of a confirmed downward trend. The market had total home sales of one over the last 30 days, maintaining last week's pace. Pricing in the 22640 zip code remains consistent from last week to this week, with the median sales price at $280,000 again. With a downward trend in contracts numbers and 18 months of inventory still left to work through, the 22640 zip code is a definite buyer's market.
Comments:

$1.3M  
The 22640 zip code market slowed with a 50.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.7) with one home sold. On the other hand, the close-by 22630 zip code registered 47 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 22640 zip code, and for this period the median sales price slid from $320,000 to $280,000. With decreasing sales and the availability of 18 months of inventory, the 22640 zip code is a solid buyer's market.
Comments:

22640 is a zip code that is growing faster than others in Virginia at a 10-year growth rate of 19.8%. It also has a small population of 526 people. With a median age of 36 years, homes in the 22640 zip code tend to be relatively old.
Comments:

$1M  
With one home sold in the 22640 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with four new listings for buyers to choose from. The median sales price in the 22640 zip code stayed put this week at $360,000. The 22640 zip code is a solid buyer's market, due to a big 18 months of inventory left and aided by the flat sales.
Comments:

$399K  
More sellers put their homes up for sale in the 22640 zip code market over the last 30 days and the number of new listings jumped this week to four. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for the 22640 zip code, coming in at $360,000. The 22640 zip code is a definite buyer's market, due to a big 18 months of inventory left and aided by the flat sales.
Comments:
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