$2.8M  
This week in the 22701 zip code market, sales inched up to 56 homes sold over the last 30 days, which might be due in part to a recent upward trend in price reductions, with 42 being reported in the same time frame. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $284,500 this week.
Comments:

$2.8M  
The 22701 zip code market saw sales spike 16.7% and it is currently in the midst of a prolonged upward sales trend, including 49 homes sold over the last 30 days. All indications show that the trend should continue, meaning more sales over the next few weeks. Potential buyers should take note that the median sales price in the 22701 zip code rose to $277,000 and that there are four months of inventory still available.
Comments:

The 22701 zip code has a much older population than other areas in Virginia with a median age of 36 years. It is also affluent with a median income of $57,421 per household. The 22701 zip code market is almost exclusively made up of detached homes, currently accounting for 97% overall. The top school in the zip code is Emerald Hill Elementary School.
Comments:

$2.8M  
Fewer sellers put their homes up for sale in the 22701 zip code market over the last 30 days and the number of new listings fell this week to 57. Home sales remained unchanged from the prior period and once again 41 homes were sold. The median sales price has been increasing as it hit $257,000, extending a four-week long spike.
Comments:

$2.8M  
The 22701 zip code market is enjoying an established upward trend, even as sales fell 2.6% this week to 38 homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should take note that the median sales price in the 22701 zip code rose to $253,000 and that there are four months of inventory still available.
Comments:

$180K  
This week in the 22701 zip code market, sales fell to 34 homes sold over the last 30 days, coinciding with a new downward trend in price reductions, with 25 in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price dropped to $252,500, down from last week's $260,950.
Comments:

$1.6M  
With 31,912 residents, 22701 is a larger than average zip code in Virginia. Also, with 186.0 people per square mile, it has a higher than average density in comparison to other parts of the state. The 22701 zip code is an area where most people own their homes, with an ownership ratio of 60.2%. Topping the list of best schools in the zip code is Emerald Hill Elementary School.
Comments:

$429K  
In this week's report, the number of homes sold in the 22701 zip code market slid to 36 over the past 30 days. It marked a decrease of 2.7% from last week's report and another period below the monthly average. In comparison, the nearby 22508 zip code had 29 sales in the same time frame, the most of all neighboring zip codes. A months of inventory number of four reported this week continued a four-week downward trend.
Comments:

$2.8M  
The 22701 zip code market has established a new upward trend, even as sales fell 5.3% this week to 36 homes over the last 30 days. Potential buyers should take note that the median sales price in the 22701 zip code rose to $276,500 and that there are four months of inventory still available.
Comments:

$1.6M  
Over the last 30 days, the 22701 zip code market showed strong improvement with 38 homes sold. It marks a 15.2% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. In comparison, the nearby 22508 zip code had 26 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $249,500 this week.
Comments:
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