$374K  
With one home sold in the 22827 zip code market over the last 30 days, we see no change from last week's numbers. However, one new listing came into the market. The median sales price remained unchanged over the latest reporting period for the 22827 zip code, coming in at $175,000. With no movement in sales and the availability of 10 months of inventory, the 22827 zip code is a definite buyer's market.
Comments:

The 22827 zip code has a cost of living adjustment score of 93.0, which is less expensive when compared to others in Virginia. Also, the area is considered somewhat affluent with a median income of $46,237 per household. The 22827 zip code is made up of homes that are considered relatively old with a median of 37 years.
Comments:

$699K  
Fewer sellers put their homes up for sale in the 22827 zip code market over the last 30 days and the number of new listings tumbled this week to zero. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price of all transactions in the 22827 zip code did not budge this week, remaining at $175,000. The 22827 zip code is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

$699K  
The 22827 zip code market looked healthy in this week's report, as the number of home sales climbed 100.0%, pushing the total to two homes sold over the last 30 days. To put it in perspective, the close-by 22727 zip code registered five homes sold in the same period, the most of all 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 $223,000 to $199,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 22827 zip code is a seller's market.
Comments:

$137K  
With one home sold in the 22827 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price of all transactions in the 22827 zip code did not budge this week, remaining at $223,000.
Comments:

22827 is a larger than average zip code in Virginia with 10,922 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 2.5%. The 22827 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall.
Comments:

$329K  
The 22827 zip code market saw sales remain consistent with one home sold over the last 30 days and is also under a budding downward trend in the number of contracts closing, with this week's number falling to zero. The median sales price of all transactions in the 22827 zip code did not budge this week, remaining at $223,000.
Comments:

$149K  
The 22827 zip code market showed strong improvement this week as sales reached one home sold over the last 30 days, edging past the average sales volume for the prior 12 months. In comparison, the nearby 22727 zip code had three sales in the same time frame, the most of all neighboring zip codes. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning the 22827 zip code is still a definite buyer's market.
Comments:

$149K  
The 22827 zip code market was quiet this week as no sales were reported over the previous 30 days. The 22827 zip code usually averages 0.8 sales per month.
Comments:

$699K  
The 22827 zip code market extended a nine-week hot streak this week, even as sales fell to one home sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are falling in the 22827 zip code, and this period the median price of all sales fell from $122,500 to $85,000. The 22827 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:
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