$2M  
The 22824 zip code market saw sales remain flat this week with seven homes sold over the last 30 days but new listings shrank to 13. Prices were able to find a top with the average selling price rising to $225,000, a three-month high. The 22824 zip code is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$2M  
The 22824 zip code market saw sales remain flat this week but it is currently in the midst of a recent upward sales trend, including six homes sold over the last 30 days. The median sales price in the 22824 zip code stayed put this week at $169,500. The 22824 zip code is a definite buyer's market, thanks to a big 14 months of inventory to choose from and the flat sales.
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$349K  
The 22824 zip code market broke below its 12-month average sales volume this week as sales dropped 14.3% to hit six homes sold over the last 30 days. Within the same time frame, the 22842 zip code had nine 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 $161,500 to $169,500. The 22824 zip code is a solid buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
Comments:

$120K  
Sales retained their current pace and came in at seven homes sold in the 22824 zip code market over the last 30 days. However, a three-week upward trend for contracts was extended, with 15 pending transactions in the same time frame. While contracts numbers were strong, the median sales price of those homes came in at $161,500, which extended a downward swing in price to eight weeks. With prices falling, the availability of 10 months of inventory means that the 22824 zip code is a definite buyer's market.
Comments:

$359K  
The number of home sales in the 22824 zip code market climbed 20.0% to six homes over the last 30 days, coming close to the 6.7 monthly average for the last 12 months. To put it in perspective, the close-by 22815 zip code registered 15 homes sold in the same period, the most of all surrounding zip codes. The median sales price jumped to $169,500, up from last week's $122,100. The 22824 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 12 months of remaining inventory.
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The 22824 zip code is a zip code in Virginia with a median income of $52,016 per household. Besides being somewhat affluent, its population is younger than others with a median age of 43 years. Detached homes account for 100% of the area's current housing market.
Comments:

$359K  
More sellers put their homes up for sale in the 22824 zip code market over the last 30 days and the number of new listings climbed this week to 13. Home sales remained unchanged from the prior period and once again five homes were sold. The median sales price in the 22824 zip code stayed put this week at $122,100. With no movement in sales and the availability of 14 months of inventory, the 22824 zip code is a strong buyer's market.
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$899K  
The number of sellers reducing prices in the 22824 zip code market trended up to 10 over the last 30 days, extending a nine-week streak. During the same period, four sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are falling in the 22824 zip code, and this period the median price of all sales fell from $122,100 to $104,550. Even after the uptick in sales, an elevated 18 months of inventory tells us that the 22824 zip code is still a definite buyer's market.
Comments:

$109K  
Over the last 30 days, a new downward trend of new sellers coming into the 22824 zip code market continued, with eight listings in this week's report. Meanwhile, sales fell, with three homes selling during the same period. As new listings trended lower, prices have also been falling. The median sales price dropped to $122,100, extending a four-week long spiral. The 22824 zip code is a solid buyer's market, due to falling prices and a large 25 months of inventory left.
Comments:

$471K  
The 22824 zip code market closed in on its 12-month sales average this week as sales climbed 20.0% to reach six homes sold over the last 30 days. Within the same time frame, the 22815 zip code had 21 sales, the most of all zip codes in the area. The median sales price dropped to $142,000, down from last week's $165,000. The 22824 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 12 months of remaining inventory.
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