$575K  
The number of price cuts in the 22657 zip code market climbed to 32 over the last 30 days, furthering a confirmed positive trend. Perhaps due to the decreases in list prices, sales increased to 22 homes sold. The median sales price rose to $214,500 over the latest reporting period for the 22657 zip code, up from $210,000.
Comments:

$189K  
The number of home sales in the 22657 zip code market rose 11.8% to 19 homes over the last 30 days. At the same time, the 22630 zip code reported 55 home sales, the highest number from all the surrounding zip codes. Pricing in the 22657 zip code remains consistent from last week to this week, with the median sales price at $210,000 again.
Comments:

$925K  
Over the last 30 days, an emerging downward trend of new sellers coming into the 22657 zip code market continued, with 25 listings in this week's report. Meanwhile, sales ticked up, with 15 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices are coming down in the 22657 zip code, and for this period the median sales price slid from $215,500 to $203,000. The 22657 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$292K  
The 22657 zip code market slowed with a 12.5% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 17.1 monthly average with 14 homes sold. On the other hand, the close-by 22602 zip code registered 48 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose dramatically to $215,500 over the latest reporting period for the 22657 zip code, up from $174,500. Along with the slip in sales, a relatively high eight months of inventory indicates that the 22657 zip code is a definite buyer's market.
Comments:

The 22657 zip code has a cost of living adjustment score of 95.2, which is average when compared to others in Virginia. Also, the area is considered somewhat affluent with a median income of $53,069 per household. The 22657 zip code is made up of homes that are relatively old with a median of 33 years. The top schools in the zip code are Signal Knob Middle School and Strasburg High School.
Comments:

$925K  
The 22657 zip code market pulled back with a 12.5% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 17.1 monthly average with 14 homes sold. In comparison, the nearby 22602 zip code had 53 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 22657 zip code, and for this period the median sales price slid from $225,000 to $191,000. The 22657 zip code is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$292K  
Home sales in the 22657 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 15.8% to 16 homes sold over the last 30 days. Meanwhile, the 22602 zip code reported 52 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $225,000 over the latest reporting period for the 22657 zip code, up from $220,000.
Comments:

$292K  
With 18 homes sold in the 22657 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 30 new listings for buyers to choose from. The median sales price dropped to $199,500 over the latest reporting period for the 22657 zip code, down from $223,500.
Comments:

$599K  
The number of sellers reducing prices in the 22657 zip code market trended up to 16 over the last 30 days, extending a six-week streak. During the same period, 18 sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $223,500 over the latest reporting period for the 22657 zip code, down from $244,000.
Comments:

$485K  
Over the last 30 days, the 22657 zip code market was busy with 17 homes sold, a 6.2% 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. Months of inventory hit six this period, extending an upward trend to four weeks.
Comments:
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