$799K  
Over the last 30 days, an identifiable downward trend of new sellers coming into the 22727 zip code market continued, with three listings in this week's report. Meanwhile, sales fell, with eight homes selling during the same period. The median sales price rose to $172,500 over the latest reporting period for the 22727 zip code, up from $171,900. The 22727 zip code is a strong buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:

$185K  
Home sales in the 22727 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 35.7% to nine homes 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 dropped to $171,900 over the latest reporting period for the 22727 zip code, down from $232,500. With decreasing sales and the availability of 14 months of inventory, the 22727 zip code is a strong buyer's market.
Comments:

22727 is a somewhat affluent zip code in Virginia with a median income of $49,461 per household. The population is also considered younger than most with a median age of 44 years. The 22727 zip code is an area where most people own their homes, with an ownership ratio of 65.4%. The top school in the zip code is Madison County High School.
Comments:

$4.2M  
With 14 homes sold in the 22727 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 12 new listings for buyers to choose from. The median sales price in the 22727 zip code stayed put this week at $232,500. The 22727 zip code is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

$799K  
The 22727 zip code market slowed with a 7.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (10.1) with 12 homes sold. Within the same time frame, the 22701 zip code had 51 sales, the most of all zip codes in the area. The median sales price of all transactions in the 22727 zip code did not budge this week, remaining at $285,000. The 22727 zip code is a definite buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
Comments:

$4.2M  
Home sales in the 22727 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 28.6% to five homes sold over the last 30 days. Meanwhile, the 22701 zip code reported 55 home sales, the highest number from all the surrounding zip codes. The median sales price jumped to $285,000, up from last week's $180,000. The 22727 zip code is a solid buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
Comments:

$439K  
The 22727 zip code market got a lift this week as sales rose to seven homes sold over the last 30 days to go with an established upward trend of contracts closing, now up to 11. The median sales price rose to $180,000, up from last week's $143,750. The 22727 zip code is a still definite buyer's market, in spite of the rising contracts numbers, due to the availability of eight months of remaining inventory.
Comments:

$124K  
Over the last 30 days, four homes were sold in the 22727 zip code market, holding even with last week's numbers. However, the market is still in a persistent downward trend overall. While sales numbers were weak, the median sales price of those homes came in at $143,750, which extended a downward swing in price to four weeks. With a downward trend in sales numbers and prices, and 14 months of inventory still left to work through, the 22727 zip code is a strong buyer's market.
Comments:

$799K  
The 22727 zip code market showed gains in this week's report, as the number of home sales rocketed 150.0%, pushing the total to five homes sold over the last 30 days. At the same time, the 22701 zip code reported 41 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $137,000 over the latest reporting period for the 22727 zip code, up from $127,000. The 22727 zip code is still a definite buyer's market, due to the availability of nine months of remaining inventory, even after the uptick in sales.
Comments:

$124K  
On top of a 33.3% reduction in sales numbers this week to land at two homes sold over the last 30 days, the 22727 zip code market still shows an identifiable trend downward overall. The median sales price dropped to $127,000, down from last week's $145,000. The 22727 zip code is a solid buyer's market with 22 months of inventory to choose from, aided by the downturn in sales.
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RE/MAX New Horizons
Snapped 2 homes in this area
Roy Wheeler Realty Co.
Snapped 6 homes in this area
Better Homes & Gardens Real Estate III
Snapped 2 homes in this area

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