$575K  
The 22740 zip code market saw sales remain consistent with one home sold over the last 30 days and is also under a confirmed downward trend in the number of contracts closing, with this week's number falling to one. Pricing in the 22740 zip code remains consistent from last week to this week, with the median sales price at $389,000 again. With a downward trend in contracts numbers and 23 months of inventory still left to work through, the 22740 zip code is a definite buyer's market.
Comments:

With 1,324 residents, 22740 is a smaller-than-average zip code in Virginia. Also, with 17.1 people per square mile, it has a much lower than average density in comparison to other parts of the state. Keep in mind, most people in the 22740 zip code own their homes, with a 56.9% ownership ratio.
Comments:

$875K  
The 22740 zip code market broke below its 12-month average sales volume this week as sales dropped 50.0% to hit one home sold over the last 30 days. In comparison, the nearby 22701 zip code had 49 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 22740 zip code, and this period the median price of all sales fell from $569,500 to $389,000. Along with the slip in sales, a relatively high 22 months of inventory indicates that the 22740 zip code is a strong buyer's market.
Comments:

$425K  
More sellers put their homes up for sale in the 22740 zip code market over the last 30 days and the number of new listings shot up this week to seven. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price of all transactions in the 22740 zip code did not budge this week, remaining at $750,000. Along with flat sales, a relatively high 15 months of inventory indicates that the 22740 zip code is a strong buyer's market.
Comments:

$875K  
The 22740 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 five. The median sales price of all transactions in the 22740 zip code did not budge this week, remaining at $750,000. Along with flat sales, a relatively high 15 months of inventory indicates that the 22740 zip code is a definite buyer's market.
Comments:

22740 is a zip code in Virginia. It's affluent and the cost of living is average compared to the rest of the state, with a median income of $55,088 per household and cost of living adjustment score of 102.0. The 22740 zip code is made up of homes that are older than most with a median of 41 years.
Comments:

$595K  
The 22740 zip code market will be heating up, as not only have sales inched up this week to one home sold over the last 30 days, but there is a confirmed upward trend of new listings, with five going live in the same time frame. The 22740 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 13 months of remaining inventory.
Comments:

$875K  
The 22740 zip code market is remaining active, and while sales this week came in at zero homes sold over the last 30 days, new listings are at the highest they've been since last April. During the same time frame, 22701 had the most new listings of any other neighboring zip codes with 61.
Comments:

$1.2M  
The number of homes coming into the 22740 zip code market stayed firm with three listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price of homes sold came in at $272,500, which extended a price upswing to four weeks.
Comments:

$1.2M  
In this week's report, the number of homes sold in the 22740 zip code market slid to two over the past 30 days, a decrease of 33.3% from last week's report, but still above the monthly average. Meanwhile, the 22701 zip code reported 38 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $272,500, down from last week's $350,000.
Comments:
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