$534K  
In this week's report, the number of homes sold in the 22656 zip code market slid to five over the past 30 days. It marked a decrease of 16.7% from last week's report and another period below the monthly average. Meanwhile, the 22601 zip code reported 42 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $278,000, down from last week's $304,750. Along with the slip in sales, a relatively high seven months of inventory indicates that the 22656 zip code is a strong buyer's market.
Comments:

$414K  
In this week's report, the number of homes sold in the 22656 zip code market fell to six over the past 30 days. It marked a decrease of 25.0% from last week's report and a fall below the monthly average. Meanwhile, the 22655 zip code reported 43 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 22656 zip code, and the median sales price this period increased from $264,500 to $304,750.
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The population of the 22656 zip code is growing faster than the rest of Virginia, at a 10-year growth rate of 6.0%. It's a smaller-than-average zip code compared to the rest of the state, with 1,933 residents. The 22656 zip code is made up of homes that are considered of moderate age with a median of 24 years.
Comments:

$534K  
The 22656 zip code market saw sales rise 8.3% and it is currently in the midst of a confirmed upward sales trend, including 13 homes sold over the last 30 days. The median sales price climbed to $279,500 over the latest reporting period for the 22656 zip code, up from $274,000. The higher trending sales numbers and the fact that there are a lower-than-normal three months of inventory to work through indicate that the 22656 zip code is a seller's market.
Comments:

$534K  
The 22656 zip code market soared to new heights with a record high 11 homes sold in the last 30 days. Sales rose 22.2% from the prior period, returning to a peak not reached since January. In comparison, 22602 led all other nearby zip codes with 44 sales. At the same time that sales hit a plateau, months of inventory fell to three, its lowest point since January. The low inventory and rising sales mean the 22656 zip code is a seller's market.
Comments:

$414K  
The 22656 zip code market made gains this week as sales climbed 12.5% to hit nine homes sold over the last 30 days. To put it in perspective, the close-by 22602 zip code registered 38 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $268,500, down from last week's $300,250. With just three months of inventory available and sales going up, the 22656 zip code is a seller's market.
Comments:

$274K  
The number of home sales in the 22656 zip code market shot up 250.0% to seven homes over the last 30 days, exceeding the 5.8 monthly average for the last 12 months. Within the same time frame, the 22602 zip code had 28 sales, the most of all zip codes in the area. There are four months of inventory remaining in the 22656 zip code, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $268,500 this week.
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$289K  
The 22656 zip code is a zip code in Virginia with a median income of $55,005 per household. Besides being affluent, its population is younger than others with a median age of 44 years. The 22656 zip code market is primarily made up of detached houses, which currently account for 81% of the homes for sale in the area.
Comments:

$424K  
This week in the 22656 zip code market, sales fell to two homes sold over the last 30 days, coinciding with a solid downward trend in price reductions, with six in the same time frame. All indications show that the trend should continue, meaning less price reductions over the next few weeks. Prices are falling in the 22656 zip code, and this period the median price of all sales fell from $312,084 to $291,000. The 22656 zip code is a definite buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
Comments:

$214K  
The 22656 zip code market is experiencing an extended pullback but sales stood their ground this week at four homes sold over the last 30 days. The median sales price of all transactions in the 22656 zip code did not budge this week, remaining at $312,084. The 22656 zip code is a solid buyer's market with eight months of inventory to choose from, aided by the downturn in sales.
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