$415K  
In this week's report, the number of homes sold in the 22644 zip code market plummeted to three over the past 30 days, a decrease of 40.0% from last week's report, but still above the monthly average. In comparison, the nearby 22630 zip code had 20 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $210,000, up from last week's $207,500. There are only three months of inventory available in the 22644 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$199K  
The 22644 zip code market was active this week as sales rose 100.0% to reach four homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, the close-by 22630 zip code registered 17 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 22644 zip code, and the median sales price this period increased from $166,250 to $208,750. With only three months of inventory and rising sales, the 22644 zip code is a seller's market.
Comments:

$415K  
Over the last 30 days, an emerging downward trend of new sellers coming into the 22644 zip code market continued, with one listing in this week's report. Meanwhile, sales remained flat, with two homes selling during the same period. The median sales price in the 22644 zip code stayed put this week at $166,250.
Comments:

$259K  
In this week's report, the number of homes sold in the 22644 zip code market dropped to two over the past 30 days. It marked a decrease of 33.3% from last week's report and a fall below the monthly average. On the other hand, the close-by 22630 zip code registered 23 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $166,250, down from last week's $207,500.
Comments:

$199K  
Over the last 30 days, the 22644 zip code market got positive news with three homes sold. It marks a 200.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, the nearby 22630 zip code had 25 sales in the same time frame, the most of all neighboring zip codes. Prices are coming down in the 22644 zip code, as the median sales price dropped dramatically to $207,500, while months of inventory also shrunk to four.
Comments:

$199K  
22644 is a zip code that is shrinking slower than others in Virginia at a 10-year growth rate of -0.9%. It also has an average-sized population of 2,039 people. Homes in the 22644 zip code are relatively old with a median age of 32 years.
Comments:

$199K  
The number of homes coming into the 22644 zip code market stayed firm with two listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. Months of inventory hit 13 this period, extending an upward trend to four weeks. The 22644 zip code is a solid buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$599K  
The number of price cuts in the 22644 zip code market climbed to two over the last 30 days, furthering a recent positive trend. Even with the drops in list prices, sales remained the same with one home sold. Oddly, even as the number of sellers reducing price trended higher, the median sales price continued to climb, trending upwards for four weeks to reach $295,000. Along with flat sales, a relatively high 13 months of inventory indicates that the 22644 zip code is a definite buyer's market.
Comments:

$210K  
Sales fell in the 22644 zip code market to one home sold over the last 30 days. It's also under a new downward trend in the number of contracts closing, with this week's number falling to zero. The median sales price jumped to $295,000, up from last week's $127,000. A downturn in contracts, coupled with the availability of 15 months of inventory, prove that the 22644 zip code is a definite buyer's market.
Comments:

$159K  
With a recent upward trend of new sellers listing homes, including two over the last 30 days, and sales that have fallen to two in that same time frame, the 22644 zip code market will be getting more competitive. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price rose dramatically to $127,000 over the latest reporting period for the 22644 zip code, up from $92,500. With decreasing sales and the availability of eight months of inventory, the 22644 zip code is a definite buyer's market.
Comments:
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