$395K  
The 22719 zip code market was active in this week's report, as the number of home sales rose 100.0%, pushing the total to two homes sold over the last 30 days. In comparison, the nearby 22701 zip code had 46 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 22719 zip code rose dramatically to $418,750 while months of inventory shrunk to four.
Comments:

$395K  
Home sales in the 22719 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 66.7% to one home sold over the last 30 days. Meanwhile, the 22701 zip code reported 40 home sales, the highest number from all the surrounding zip codes. The median sales price tumbled to $192,500 over the latest reporting period for the 22719 zip code, down from $450,000. The 22719 zip code is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$395K  
The number of sellers who put their homes up for sale in the 22719 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 three homes were sold. Pricing in the 22719 zip code remains consistent from last week to this week, with the median sales price at $450,000 again. Despite the flat sales, a relatively low two months of inventory remaining indicates that the 22719 zip code is a definite seller's market.
Comments:

22719 is a small zip code in Virginia with 495 residents. Also, it has seen a 29.8% decrease in population over the last 10 years. It should be noted that at 54.6%, most people own their homes in the 22719 zip code.
Comments:

Over the last 30 days, the 22719 zip code market looked active with three homes sold, a 50.0% increase from last week's report. Within the same time frame, the 22701 zip code had 51 sales, the most of all zip codes in the area. Pricing in the 22719 zip code remains consistent from last week to this week, with the median sales price at $450,000 again. The rising sales and a low two months of inventory point to the 22719 zip code being a solid seller's market.
Comments:

$425K  
With one home sold in the 22719 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 in the 22719 zip code stayed put this week at $450,000. In spite of flat sales, a low two months of inventory signals that the 22719 zip code is a definite seller's market.
Comments:

$425K  
The 22719 zip code market got positive news in this week's report, as the number of sales went up to one home sold over the last 30 days. To put it in perspective, the close-by 22701 zip code registered 56 homes sold in the same period, the most of all surrounding zip codes. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 22719 zip code is a seller's market.
Comments:

$425K  
No deals were completed in the 22719 zip code market over the last 30 days. The 22719 zip code usually averages 0.7 sales per month. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks.
Comments:

The 22719 zip code has a cost of living adjustment score of 104.6, which is expensive when compared to others in Virginia. Also, the area is considered somewhat affluent with a median income of $45,996 per household. Homes in the 22719 zip code are relatively old with a median age of 34 years.
Comments:

$695K  
The 22719 zip code market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at one. The median sales price remained unchanged over the latest reporting period for the 22719 zip code, coming in at $425,000. With only two months of inventory to sell, the 22719 zip code is a solid seller's market, in spite of the flat sales.
Comments:
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