$239K  
The 22737 zip code market showed some softness, with a record low one homes sold in the last 30 days. Sales showed a 50.0% decrease from the prior period, returning to a low not seen since April. In comparison, 22701 led all other nearby zip codes with 44 sales. The median sales price rose to $274,000, up from last week's $254,450. With a downward trend in sales numbers and 35 months of inventory still left to work through, the 22737 zip code is a strong buyer's market.
Comments:

22737 is an average-sized zip code in Virginia with 3,064 residents. Its population is also growing faster than others at a 10-year growth rate of 23.8%. Detached homes account for 100% of the area's current housing market.
Comments:

$239K  
The 22737 zip code market broke below its 12-month average sales volume this week as sales fell 50.0% to hit two homes sold over the last 30 days. 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 dropped to $254,450, down from last week's $349,500. The 22737 zip code is a solid buyer's market, due to a big 19 months of inventory left and aided by the dip in sales.
Comments:

$875K  
The 22737 zip code market showed gains in this week's report, as the number of home sales rose 33.3%, pushing the total to four homes sold over the last 30 days. To put it in perspective, the close-by 22701 zip code registered 52 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $349,500, down from last week's $425,000. The 22737 zip code is still a solid buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
Comments:

$315K  
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 slid 40.0% to three homes sold over the last 30 days. Within the same time frame, the 22701 zip code had 47 sales, the most of all zip codes in the area. The median sales price in the 22737 zip code stayed put this week at $425,000. The 22737 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:

$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.
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