$245K  
Despite holding steady in sales this week, the 22650 zip code market extended a three-week hot streak with a total of five homes sold over the last 30 days. While sales numbers rose, prices dropped. This week's reported median sales price of $129,900 continued a four-week downward trend. In spite of the falling prices, a low three months of inventory signals that the 22650 zip code is still a seller's market.
Comments:

$145K  
While home sales in the 22650 zip code market have been better than usual, in this week's report they sank 28.6% to five homes sold over the last 30 days. On the other hand, the close-by 22630 zip code registered 43 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 22650 zip code, and for this period the median sales price slid from $199,500 to $99,500. There are only three months of inventory available in the 22650 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$245K  
Over the last 30 days, the 22650 zip code market had a lift in home sales with seven. But as sales edged up, the number of pending transactions continued to decline, with a total of four contracts during the same period. Potential buyers should note that prices went up in the 22650 zip code, with the median for this period rising from $149,500 to $199,500. The rising sales and a low two months of inventory point to the 22650 zip code being a strong seller's market.
Comments:

$245K  
With four homes sold in the 22650 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 four new listings for buyers to choose from. Potential buyers should note that prices are coming down in the 22650 zip code, and for this period the median sales price slid from $220,000 to $209,750. There are only three months of inventory available in the 22650 zip code, so it's a seller's market, even if sales are flat.
Comments:

$245K  
Over the last 30 days, the 22650 zip code market looked active with three homes sold, a 50.0% increase from last week's report. Within the same time frame, the 22630 zip code had 41 sales, the most of all zip codes in the area. The median sales price dropped dramatically to $220,000 over the latest reporting period for the 22650 zip code, down from $385,000. The rising sales and a low three months of inventory point to the 22650 zip code being a seller's market.
Comments:

The population of the 22650 zip code is somewhat affluent compared to others in Virginia with a median income of $51,351 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 101.8. Homes in the 22650 zip code are relatively old with a median age of 33 years. Topping the list of best schools in the zip code is Springfield Elementary School.
Comments:

$445K  
Over the past 30 days, there have been fewer price cuts in the 22650 zip code market, continuing a six-week declining trend to land at zero. However, home sales were up to two over the same period. Prices are coming down in the 22650 zip code, as the median sales price tumbled to $385,000, while months of inventory also shrunk to four.
Comments:

$445K  
Sales retained their current pace and came in at one home sold in the 22650 zip code market over the last 30 days. However, a three-week upward trend for contracts was extended, with four pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price of all transactions in the 22650 zip code did not budge this week, remaining at $550,000. The 22650 zip code is a solid buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

$240K  
The 22650 zip code market seems to have gone completely and unexpectedly quiet as no sales were reported over the previous 30 days. The 22650 zip code usually averages 1.0 sales per month.
Comments:

$145K  
The 22650 zip code market reported five contracts in the last 30 days, the highest amount since October. This might lead to an extension of the current eight-week upward trend in sales, which hit one in the same period. When comparing other close-by zip codes within the same period, the most came from the 22630 zip code with 64 contracts executed. The median sales price in the 22650 zip code stayed put this week at $90,000. With only two months of inventory to sell, the 22650 zip code is a definite seller's market, in spite of the flat sales.
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