$434K  
The number of price cuts in the 22724 zip code market climbed to five over the last 30 days, furthering an identifiable positive trend. Perhaps due to the decreases in list prices, sales increased to four homes sold. The median sales price climbed to $470,000, up from last week's $397,000. The rising sales and a low three months of inventory point to the 22724 zip code being a seller's market.
Comments:

$539K  
Fewer sellers put their homes up for sale in the 22724 zip code market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again three homes were sold. The median sales price continued to rise, trending upwards for four weeks to reach $397,000.
Comments:

$460K  
The 22724 zip code market slowed with a 57.1% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 3.0 monthly average with three homes sold. Within the same time frame, the 22701 zip code had 49 sales, the most of all zip codes in the area. Prices are falling in the 22724 zip code, and this period the median price of all sales fell from $430,000 to $397,000.
Comments:

The 22724 zip code has a cost of living adjustment score of 133.0, which is very expensive when compared to others in Virginia. Also, the area is considered very affluent with a median income of $80,206 per household. Homes in the 22724 zip code are of moderate age with a median age of 17 years.
Comments:

$539K  
The 22724 zip code market reached a plateau over the last 30 days. Sales climbed 16.7% to seven homes, the most since October. During the same time frame, 22701 had the most sales of any other neighboring zip codes with 45. Prices are falling in the 22724 zip code, and this period the median price of all sales fell from $432,500 to $430,000. With just two months of inventory available and sales going up, the 22724 zip code is a definite seller's market.
Comments:

$460K  
The 22724 zip code market saw sales remain flat this week with six homes sold over the last 30 days, while new listings shot up to four. The median sales price in the 22724 zip code stayed put this week at $432,500. There are only two months of inventory available in the 22724 zip code, so it's a definite seller's market, even if sales are flat.
Comments:

$457K  
The 22724 zip code market saw sales remain flat this week with six homes sold over the last 30 days but new listings fell to three. The median sales price remained unchanged over the latest reporting period for the 22724 zip code, coming in at $432,500. Despite the flat sales, a relatively low two months of inventory remaining indicates that the 22724 zip code is a definite seller's market.
Comments:

$585K  
The number of home sales in the 22724 zip code market spiked 400.0% to five homes over the last 30 days, exceeding the 2.8 monthly average for the last 12 months. Within the same time frame, the 22701 zip code had 52 sales, the most of all zip codes in the area. The amount of available homes decreased, falling to three months worth of inventory, its lowest point since April. The increase in sales and the low inventory drive home the fact that the 22724 zip code is a seller's market.
Comments:

$585K  
The 22724 zip code market pulled back with a 66.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 2.8 monthly average with one home sold. On the other hand, the close-by 22701 zip code registered 47 homes sold in the same period, the most of all surrounding zip codes. The median sales price remained unchanged over the latest reporting period for the 22724 zip code, coming in at $276,250. The 22724 zip code is a solid buyer's market, due to a big 16 months of inventory left and aided by the dip in sales.
Comments:

22724 is an average-sized zip code in Virginia with 2,084 residents. Also, it has seen a 37.4% increase in population over the last 10 years. The 22724 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall.
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