$109K  
The 22718 zip code market was quiet this week and reported zero home sales over the last 30 days. The 22718 zip code usually averages 0.7 sales per month.
Comments:

$999K  
No deals were completed in the 22718 zip code market over the last 30 days. The 22718 zip code usually averages 0.8 sales per month.
Comments:

$999K  
Sellers in the 22718 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 22718 zip code usually averages 0.9 sales per month.
Comments:

With 572 residents, 22718 is a small zip code in Virginia. Also, with an 8.8% decrease over the last 10 years, its population is shrinking slower than other parts of the state. The 22718 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
Comments:

$999K  
Fewer sellers put their homes up for sale in the 22718 zip code market over the last 30 days and the number of new listings shrank this week to zero. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price of all transactions in the 22718 zip code did not budge this week, remaining at $337,500. Despite the flat sales, a relatively low two months of inventory remaining indicates that the 22718 zip code is a definite seller's market.
Comments:

$999K  
Sales stayed firm at two homes sold over the last 30 days in the 22718 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 one 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. Pricing in the 22718 zip code remains consistent from last week to this week, with the median sales price at $337,500 again. There are only two months of inventory available in the 22718 zip code, so it's a strong seller's market, even if sales are flat.
Comments:

$999K  
The 22718 zip code market saw sales remain consistent with two homes sold over the last 30 days and is also under a new downward trend in the number of contracts closing, with this week's number falling to one. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Pricing in the 22718 zip code remains consistent from last week to this week, with the median sales price at $337,500 again. In spite of contracts trending lower, there are only two months of inventory available, which signals that the 22718 zip code is a still solid seller's market.
Comments:

$999K  
October was the last time there were so many price reductions in the 22718 zip code market, with two reported over the last 30 days. The market also had zero homes change hands. During the same time frame, 22407 had the most price reductions of any other neighboring zip codes with 79.
Comments:

22718 is a somewhat affluent zip code in Virginia with a median income of $53,516 per household. The population is also considered much older than most with a median age of 39 years. The 22718 zip code is an area where most people own their homes, with an ownership ratio of 66.0%.
Comments:

$235K  
The number of price cuts in the 22718 zip code market climbed to one over the last 30 days, furthering a confirmed positive trend. Even with the drops in list prices, sales remained the same with one home sold. The median sales price in the 22718 zip code stayed put this week at $170,000. In spite of flat sales, a low three months of inventory signals that the 22718 zip code is a seller's market.
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