$299K  
There have been five homes sold in the 22737 zip code market over the last 30 days. During the same period, the number of new listings totaled six, the fewest since March. In comparison, the 22701 zip code had 72 new listings in the same time frame, the most of all nearby zip codes. Prices are falling in the 22737 zip code, and this period the median price of all sales fell from $427,450 to $425,000. The 22737 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$309K  
The 22737 zip code market remained soft this week as sales fell 33.3% to land at two homes sold over the last 30 days. On the other hand, the close-by 22701 zip code registered 40 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 22737 zip code, and the median sales price this period increased from $225,000 to $497,500. Along with the slip in sales, a relatively high 17 months of inventory indicates that the 22737 zip code is a definite buyer's market.
Comments:

The 22737 zip code has a population that is older than most in Virginia with a median age of 41 years. Also, it's very affluent with a median income of $75,749 per household. With an ownership ratio of 79.8%, most people in the 22737 zip code are homeowners.
Comments:

$449K  
With three homes sold in the 22737 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 eight new listings for buyers to choose from. The median sales price in the 22737 zip code stayed put this week at $225,000. Along with flat sales, a relatively high 11 months of inventory indicates that the 22737 zip code is a strong buyer's market.
Comments:

$274K  
Home sales in the 22737 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they plummeted 66.7% to two homes sold over the last 30 days. 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 rose dramatically to $580,000 over the latest reporting period for the 22737 zip code, up from $285,000. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 22737 zip code is a strong buyer's market.
Comments:

$409K  
Over the last 30 days, an established upward trend of new sellers coming into the 22737 zip code market continued, with nine listings in this week's report. Meanwhile, sales have fallen, with six homes selling during the same period. The median sales price in the 22737 zip code rose to $285,000 while months of inventory spiked to four.
Comments:

$274K  
The number of sellers who put their homes up for sale in the 22737 zip code market over the last 30 days remained flat this week at eight. Home sales also remained unchanged from the prior period and once again seven homes were sold. Potential buyers should note that prices are coming down in the 22737 zip code, and for this period the median sales price slid from $295,000 to $275,000. In spite of flat sales, a low three months of inventory signals that the 22737 zip code is a seller's market.
Comments:

$339K  
Fewer sellers put their homes up for sale in the 22737 zip code market over the last 30 days and the number of new listings fell this week to eight. Home sales remained unchanged from the prior period and once again seven homes were sold. The median sales price remained unchanged over the latest reporting period for the 22737 zip code, coming in at $295,000. With only three months of inventory to sell, the 22737 zip code is a seller's market, in spite of the flat sales.
Comments:

$274K  
Over the last 30 days, the 22737 zip code market improved with two homes sold. Within the same time frame, the 22701 zip code had 41 sales, the most of all zip codes in the area. The median sales price dropped to $272,000 over the latest reporting period for the 22737 zip code, down from $365,000. Even after the uptick in sales, an elevated nine months of inventory tells us that the 22737 zip code is still a strong buyer's market.
Comments:

$110K  
The 22737 zip code market saw four homes go under contract and failed to break out of a recent downward trend. Along with that, total home sales fell to one over the last 30 days. Of course, as contracts trended lower, months of inventory continued to climb, hitting a three-month high at 15 months. The 22737 zip code is still a definite buyer's market, due to the downward trend in contracts numbers and the large amount of inventory.
Comments:
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