$209K  
The 22747 zip code market slowed with a 33.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.5) with two homes sold. Within the same time frame, the 22630 zip code had 48 sales, the most of all zip codes in the area. Prices are falling in the 22747 zip code, and this period the median price of all sales fell from $390,000 to $325,000. The 22747 zip code is a solid buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

22747 is a smaller-than-average zip code in Virginia with 1,133 residents. Also, it has a much lower than average density with 22.9 people per square mile. With an ownership ratio of 55.0%, most people in the 22747 zip code are homeowners. The top school in the zip code is Rappahannock Co. High School.
Comments:

$785K  
With a recent downward trend of new sellers listing homes, including three over the last 30 days, and sales that remained flat at three in that same time frame, the 22747 zip code market will be slowing. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price of all transactions in the 22747 zip code did not budge this week, remaining at $390,000.
Comments:

$399K  
The number of sellers reducing prices in the 22747 zip code market trended up to three over the last 30 days, extending a six-week streak. During the same period, three sales were completed. Price reductions numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. Prices are rising in the 22747 zip code, and the median sales price this period increased from $335,000 to $390,000.
Comments:

$629K  
The 22747 zip code market showed healthy signs this week as sales climbed 100.0% to reach two homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, the nearby 22630 zip code had 39 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 22747 zip code, and for this period the median sales price slid from $410,000 to $335,000. The 22747 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
Comments:

$1.5M  
The 22747 zip code market was active in this week's report, as the number of sales went up to one home sold over the last 30 days. To put it in perspective, the close-by 22630 zip code registered 41 homes sold in the same period, the most of all surrounding zip codes. Even after the uptick in sales, an elevated 15 months of inventory tells us that the 22747 zip code is still a strong buyer's market.
Comments:

$415K  
No deals were completed in the 22747 zip code market over the last 30 days. The 22747 zip code usually averages 1.0 sale per month.
Comments:

The 22747 zip code has a much younger population than other areas in Virginia with a median age of 49 years. It is also somewhat affluent with a median income of $53,539 per household. The 22747 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the zip code is Rappahannock Co. High School.
Comments:

$1.5M  
While home sales in the 22747 zip code market have been above average, in this week's report they fell 33.3% to two homes sold over the last 30 days. Meanwhile, the 22630 zip code reported 52 home sales, the highest number from all the surrounding zip codes. Pricing in the 22747 zip code remains consistent from last week to this week, with the median sales price at $970,000 again. Along with the slip in sales, a relatively high eight months of inventory indicates that the 22747 zip code is a strong buyer's market.
Comments:

$575K  
The number of homes coming into the 22747 zip code market stayed firm with three listings over the last 30 days, while sales remained right where they were as once again five homes were sold over the same period. Pricing in the 22747 zip code remains consistent from last week to this week, with the median sales price at $567,500 again. Despite the flat sales, a relatively low two months of inventory remaining indicates that the 22747 zip code is a definite seller's market.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page


©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.