$495K  
Yet again, no deals were completed in the 22716 zip code market over the last 30 days. The 22716 zip code is used to having 1.5 sales per month.
Comments:

$190K  
The 22716 zip code market reported another 30-day period of zero home sales this week. The 22716 zip code usually averages 1.5 sales per month.
Comments:

$2M  
The 22716 zip code market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for two weeks.
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. Pricing in the 22716 zip code remains consistent from last week to this week, with the median sales price at $90,000 again. With no movement in sales and the availability of 19 months of inventory, the 22716 zip code is a strong buyer's market.
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:

$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:
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