$199K  
The 22714 zip code market reported another 30-day period of zero home sales this week. The 22714 zip code usually averages 1.4 sales per month.
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$549K  
The 22714 zip code market seems to have gone completely quiet. After trending lower for five weeks, no sales at all were reported over the last 30 days.
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$549K  
Sales remained steady from last week to this week, with one home sold in the 22714 zip code market over the last 30 days. However, an established downturn in the number of pending transactions continued, with one completed in the same period. The median sales price in the 22714 zip code stayed put this week at $420,000. A downturn in contracts, coupled with the availability of nine months of inventory, prove that the 22714 zip code is a strong buyer's market.
Comments:

$199K  
Over the last 30 days, one home was sold in the 22714 zip code market, holding even with last week's numbers. However, the market is still in a confirmed downward trend overall. The median sales price in the 22714 zip code stayed put this week at $420,000. A downturn in sales, coupled with the availability of eight months of inventory, prove that the 22714 zip code is a strong buyer's market.
Comments:

$2.1M  
With one home sold in the 22714 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with one new listing for buyers to choose from. The median sales price remained unchanged over the latest reporting period for the 22714 zip code, coming in at $420,000. Along with flat sales, a relatively high seven months of inventory indicates that the 22714 zip code is a strong buyer's market.
Comments:

$199K  
22714 is a zip code in Virginia, and is affluent with a median income of $58,509 per household. It's much older than the rest of the state, with a median age of 38. With an ownership ratio of 59.9%, most people in the 22714 zip code are homeowners.
Comments:

$2.1M  
The 22714 zip code market saw sales remain consistent with one home sold over the last 30 days and is also under an identifiable downward trend in the number of contracts closing, with this week's number falling to one. As contracts trended lower, prices found a top, with the average selling price rising to $420,000, a six-month high. The 22714 zip code is still a definite buyer's market, even with the rising prices, due to the downward trend in contracts numbers and a large eight months of inventory available.
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$199K  
Sales fell to one home sold over the last 30 days in the 22714 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to two for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As new listings trended lower, prices have also been falling. The median sales price dropped to $220,000, extending a four-week long spiral. With prices falling, the availability of nine months of inventory means that the 22714 zip code is a solid buyer's market.
Comments:

$2.1M  
In this week's report, the number of homes sold in the 22714 zip code market dropped to two over the past 30 days, a decrease of 50.0% from last week's report, but still above the monthly average. Within the same time frame, the 22508 zip code had 37 sales, the most of all zip codes in the area. The median sales price in the 22714 zip code stayed flat at $205,000 while months of inventory shot up to four.
Comments:

$199K  
The 22714 zip code market saw sales remain flat this week with four homes sold over the last 30 days and new listings also remain flat at one. The median sales price of all transactions in the 22714 zip code did not budge this week, remaining at $205,000. With only two months of inventory to sell, the 22714 zip code is a strong seller's market, in spite of the flat sales.
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Fathom Realty
13 reviews

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