$309K  
The 22641 zip code market looked busy this week and remained above its average as sales climbed 100.0% to reach two homes sold over the last 30 days. To put it in perspective, the close-by 22655 zip code registered 34 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 22641 zip code, with the median for this period rising from $219,000 to $312,000.
Comments:

$309K  
Over the past 30 days, there have been fewer price cuts in the 22641 zip code market, continuing a three-week declining trend to land at zero. However, home sales were up to one over the same period. While the number of price reductions trended lower, months of inventory is on a four-week downward trend, this week hitting one months. The increase in sales and the low inventory drive home the fact that the 22641 zip code is a definite seller's market.
Comments:

$309K  
With 365 residents, 22641 is a small zip code in Virginia. Also, with 54.2 people per square mile, it has a lower than average density in comparison to other parts of the state. The 22641 zip code is an area where most people own their homes, with an ownership ratio of 72.2%.
Comments:

$309K  
No deals were completed in the 22641 zip code market over the last 30 days. The 22641 zip code usually averages 0.2 sales per month.
Comments:

$309K  
Sellers in the 22641 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 22641 zip code usually averages 0.2 sales per month.
Comments:

$309K  
The 22641 zip code market was quiet this week and reported zero home sales over the last 30 days. The 22641 zip code usually averages 0.2 sales per month. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks.
Comments:

$309K  
Sellers in the 22641 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 22641 zip code usually averages 0.2 sales per month.
Comments:

$309K  
No deals were completed in the 22641 zip code market over the last 30 days. The 22641 zip code usually averages 0.2 sales per month.
Comments:

$309K  
With one home sold in the 22641 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 zero new listings for buyers to choose from. The median sales price continued to rise, trending upwards for four weeks to reach $215,000. In spite of the decrease in sales, the lack of inventory signals that the 22641 zip code is still a seller's market.
Comments:

$309K  
The 22641 zip code has a cost of living adjustment score of 104.1, which is expensive when compared to others in Virginia. Also, the area is considered affluent with a median income of $60,905 per household. The 22641 zip code is made up of homes that are of moderate age with a median of 21 years.
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