$199K  
The number of home sales in the 22827 zip code market rose 11.1% to 10 homes over the last 30 days. At the same time, the 22802 zip code reported 25 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 22827 zip code, with the median for this period rising from $136,300 to $145,650. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 22827 zip code is still a definite buyer's market.
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$135K  
The 22827 zip code market saw sales remain flat this week with nine homes sold over the last 30 days but new listings tumbled to 13. Pricing in the 22827 zip code remains consistent from last week to this week, with the median sales price at $136,300 again. With no movement in sales and the availability of 10 months of inventory, the 22827 zip code is a solid buyer's market.
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$259K  
The 22827 zip code market was even this week as sales remained at eight homes over the prior 30 days, but the area is experiencing a recent upward trend of contracts closing, now up to 13. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price in the 22827 zip code stayed put this week at $148,150. Along with flat sales, a relatively high 12 months of inventory indicates that the 22827 zip code is a solid buyer's market.
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$624K  
The 22827 zip code market showed improvement in this week's report, as the number of home sales climbed 100.0%, pushing the total to six homes sold over the last 30 days. At the same time, the 22802 zip code reported 27 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 22827 zip code, and for this period the median sales price slid from $205,000 to $151,500. The 22827 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 16 months of remaining inventory.
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$105K  
Over the last 30 days, three homes were sold in the 22827 zip code market, holding even with last week's numbers. However, the market is still in a solid downward trend overall. Prices are rising in the 22827 zip code, and the median sales price this period increased from $169,000 to $205,000. A downturn in sales, coupled with the availability of 32 months of inventory, prove that the 22827 zip code is a definite buyer's market.
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With 10,922 residents, 22827 is a larger than average zip code in Virginia. Also, with a 2.5% increase over the last 10 years, its population is growing slower than other parts of the state. The 22827 zip code market is almost exclusively made up of detached homes, currently accounting for 92% overall.
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$239K  
The 22827 zip code market remained sluggish this week as sales dropped 40.0% to land at three homes sold over the last 30 days. Within the same time frame, the 22802 zip code had 29 sales, the most of all zip codes in the area. Pricing in the 22827 zip code remains consistent from last week to this week, with the median sales price at $169,000 again. With decreasing sales and the availability of 33 months of inventory, the 22827 zip code is a solid buyer's market.
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$624K  
A four-week downturn in sales was extended when the 22827 zip code market saw five more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since December at two. When comparing other close-by zip codes within the same period, the most came from the 22815 zip code with 18 price reductions. While the number of sellers reducing prices were solid, months of inventory hit 19, extending an upward trend to four weeks. The 22827 zip code is a definite buyer's market, due to the large amount of remaining inventory and aided by the rise in price reductions.
Comments:

$149K  
On top of a 20.0% drop in sales numbers this week to land at four homes sold over the last 30 days, the 22827 zip code market still shows an identifiable trend downward overall. The median sales price dropped to $147,750, down from last week's $157,500. A downturn in sales, coupled with the availability of 22 months of inventory, prove that the 22827 zip code is a solid buyer's market.
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$149K  
Sellers in the 22827 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 22827 zip code usually averages 0.9 sales per month.
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