$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:

22716 is a small zip code in Virginia with a population of 700 residents, and it has a lower than average density compared to the rest of the state, with 34.8 people per square mile. It should be noted that at 64.0%, most people own their homes in the 22716 zip code.
Comments:

$494K  
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 shot up this week to five. Home sales remained unchanged from the prior period and once again one home was sold. Pricing in the 22716 zip code remains consistent from last week to this week, with the median sales price at $235,000 again. The 22716 zip code is a definite buyer's market, due to a big 21 months of inventory left and aided by the flat sales.
Comments:

$725K  
With one home sold in the 22716 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 three new listings for buyers to choose from. The median sales price tumbled to $235,000, down from last week's $424,000. With no movement in sales and the availability of 19 months of inventory, the 22716 zip code is a solid buyer's market.
Comments:

$849K  
Home sales in the 22716 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 50.0% to one home sold over the last 30 days. On the other hand, the close-by 22701 zip code registered 41 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 22716 zip code, and for this period the median sales price slid from $432,000 to $424,000. With decreasing sales and the availability of 16 months of inventory, the 22716 zip code is a solid buyer's market.
Comments:

$2M  
The 22716 zip code market extended a three-week hot streak this week, even as sales fell to two homes 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 climbed to $432,000 over the latest reporting period for the 22716 zip code, up from $424,000.
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. The 22716 zip code is made up of homes that are relatively old with a median of 33 years.
Comments:
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