$1.7M  
The 22824 zip code market got positive news in this week's report, as the number of home sales shot up 40.0%, pushing the total to seven homes sold over the last 30 days. At the same time, the 22835 zip code reported 10 home sales, the highest number from all the surrounding zip codes. The median sales price in the 22824 zip code stayed put this week at $155,000. With just three months of inventory available and sales going up, the 22824 zip code is a seller's market.
Comments:

$289K  
Sales in the 22824 zip code market fell to five homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with three price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Months of inventory in the 22824 zip code was flat at four but prices came down, as the median sales price dropped to $155,000.
Comments:

$139K  
Over the last 30 days, the 22824 zip code market got positive news with six homes sold. It marks a 20.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, the 22664 zip code reported 10 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $158,500, extending a four-week long spiral.
Comments:

$595K  
22824 is a larger than average zip code in Virginia with a population of 6,009 residents, and it has an average density compared to the rest of the state, with 71.9 people per square mile. The 22824 zip code is an area where most people own their homes, with an ownership ratio of 65.1%.
Comments:

$449K  
The number of sellers who put their homes up for sale in the 22824 zip code market over the last 30 days remained flat this week at seven. Home sales also remained unchanged from the prior period and once again five homes were sold. The median sales price in the 22824 zip code stayed flat at $162,000 while months of inventory fell to four.
Comments:

$299K  
The 22824 zip code market saw sales remain flat this week with five homes sold over the last 30 days and new listings also remain flat at seven. The median sales price in the 22824 zip code stayed put this week at $162,000.
Comments:

$265K  
The number of home sales in the 22824 zip code market rose 25.0% to five homes over the last 30 days, coming close to the 5.1 monthly average for the last 12 months. Within the same time frame, the 22664 zip code had 10 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 22824 zip code, with the median for this period rising from $147,500 to $162,000.
Comments:

$3.3M  
The 22824 zip code market took a step back this week as sales fell to four homes sold over the last 30 days. However, the number of homes under contract shows an identifiable upward trend, and is now at 10. Potential buyers should note that prices are coming down in the 22824 zip code, and for this period the median sales price slid from $170,000 to $147,500.
Comments:

$3.3M  
The 22824 zip code has a younger population than other areas in Virginia with a median age of 43 years. It is also somewhat affluent with a median income of $52,016 per household. The 22824 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall.
Comments:

$359K  
Over the last 30 days, an emerging upward trend of new sellers coming into the 22824 zip code market continued, with five listings in this week's report. Meanwhile, sales remained flat, with five homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Potential buyers should take note that prices are coming down in the 22824 zip code, with the median sales price dropped dramatically to $170,000. Inventory is also shrinking, now down to four months worth still available.
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