$495K  
With an identifiable downward trend of new sellers listing homes, including one over the last 30 days, and sales that remained flat at one in that same time frame, the 22716 zip code market will be cooling. The median sales price in the 22716 zip code stayed put this week at $90,000. Along with flat sales, a relatively high 20 months of inventory indicates that the 22716 zip code is a strong buyer's market.
Comments:

$2M  
The number of sellers who put their homes up for sale in the 22716 zip code market over the last 30 days remained flat this week at one. Home sales also remained unchanged from the prior period and once again one home was sold. Months of inventory is on a four-week downward trend, this week hitting 20 months. With decreasing sales and the availability of so much inventory, the 22716 zip code is a definite buyer's market.
Comments:

$2M  
The 22716 zip code market is currently in the middle of an extended upward sales trend, even as sales fell to one home sold 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. The median sales price tumbled to $90,000, down from last week's $312,100. With decreasing sales and the availability of 21 months of inventory, the 22716 zip code is a definite buyer's market.
Comments:

$399K  
The 22716 zip code market saw sales remain flat this week with two homes sold over the last 30 days but new listings tumbled to one. The median sales price of all transactions in the 22716 zip code did not budge this week, remaining at $312,100. The 22716 zip code is a definite buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

The population of the 22716 zip code is affluent compared to others in Virginia with a median income of $59,891 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 125.6. Homes in the 22716 zip code are relatively old with a median age of 33 years.
Comments:

$849K  
The 22716 zip code market saw sales remain flat this week with two homes sold over the last 30 days but new listings fell to three. The median sales price of all transactions in the 22716 zip code did not budge this week, remaining at $312,100. Along with flat sales, a relatively high 12 months of inventory indicates that the 22716 zip code is a strong buyer's market.
Comments:

$190K  
Sales numbers in the 22716 zip code market remain the same with one home sold over the last 30 days and the market still shows an established trend downward overall. The median sales price in the 22716 zip code stayed put this week at $367,500. A downturn in sales, coupled with the availability of 23 months of inventory, prove that the 22716 zip code is a solid buyer's market.
Comments:

$495K  
With one home sold in the 22716 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 six new listings for buyers to choose from. Prices are rising in the 22716 zip code, and the median sales price this period increased from $235,000 to $367,500. The 22716 zip code is a solid buyer's market, thanks to a big 23 months of inventory to choose from and the flat sales.
Comments:

$1.5M  
More sellers put their homes up for sale in the 22716 zip code market over the last 30 days and the number of new listings rose this week to six. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price in the 22716 zip code stayed put this week at $235,000. The 22716 zip code is a definite buyer's market, thanks to a big 24 months of inventory to choose from and the flat sales.
Comments:

$190K  
A three-week rough patch for the overall sales trend continues in the 22716 zip code market, with number of sales staying even at one over the last 30 days. Naturally, as sales trended lower, the amount of available homes increased, reaching a volume of 22 months of inventory, its highest point since November. The 22716 zip code is still a strong buyer's market, based on the large amount of inventory to choose from and the downturn in sales.
Comments:
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