$299K  
The 22835 zip code market was active in this week's report, as the number of sales went up to 11 homes sold over the last 30 days. To put it in perspective, the close-by 22827 zip code registered 10 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 22835 zip code, and the median sales price this period increased from $151,700 to $158,400. The 22835 zip code is still a strong buyer's market, due to the availability of 14 months of remaining inventory, even after the uptick in sales.
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$239K  
Sales fell to eight homes sold in the 22835 zip code market over the last 30 days. Furthermore, a new downturn in the number of pending transactions continued, with six completed in the same period. Prices are falling in the 22835 zip code, and this period the median price of all sales fell from $145,000 to $127,500. With a downward trend in contracts numbers and 20 months of inventory still left to work through, the 22835 zip code is a solid buyer's market.
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$849K  
The 22835 zip code market seems to be weakening, as the number of contracts executed fell to seven, the lowest levels since April. Meanwhile sales came in at 13 homes sold over the last 30 days. In comparison, the 22842 zip code had 14 contracts executed in the same time frame, the most of all nearby zip codes. Prices are rising in the 22835 zip code, and the median sales price this period increased from $118,250 to $145,000. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 22835 zip code is still a strong buyer's market.
Comments:

$115K  
The 22835 zip code market saw sales remain flat this week with 12 homes sold over the last 30 days, while new listings climbed to 24. Prices fell lower as this week's reported median sales price of $118,250 continued an eight-week downward trend. Along with the falling prices, the relatively large 14 months of inventory means that the 22835 zip code is a definite buyer's market.
Comments:

$664K  
The 22835 zip code market broke below its 12-month average sales volume this week as sales dropped 14.3% to hit 12 homes sold over the last 30 days. Within the same time frame, the 22842 zip code had 10 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 22835 zip code, and for this period the median sales price slid from $141,250 to $118,250. The 22835 zip code is a solid buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
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The 22835 zip code has a cost of living adjustment score of 100.7, which is average when compared to others in Virginia. Also, the area is considered somewhat affluent with a median income of $46,601 per household. With a median age of 37 years, homes in the 22835 zip code tend to be relatively old.
Comments:

$350K  
Sales in the 22835 zip code market rose to 14 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 22, which continues an extended upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are rising in the 22835 zip code, and the median sales price this period increased from $120,750 to $141,250. Despite the uptick in sales, there are still 11 months of inventory left to work through, meaning the 22835 zip code is still a strong buyer's market.
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$479K  
New listings have fallen in the 22835 zip code market, reaching a low that hasn't been seen since March. They also had a 30-day tally of nine sales. In comparison, 22842 led all other nearby zip codes with 28 new listings. The median sales price remained unchanged over the latest reporting period for the 22835 zip code, coming in at $111,500. Despite the uptick in sales, there are still 17 months of inventory left to work through, meaning the 22835 zip code is still a definite buyer's market.
Comments:

$115K  
The 22835 zip code market remained sluggish this week as sales slid 46.2% to land at seven homes sold over the last 30 days. Meanwhile, the 22842 zip code reported 14 home sales, the highest number from all the surrounding zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $111,500. With prices falling, the availability of 21 months of inventory means that the 22835 zip code is a definite buyer's market.
Comments:

$399K  
The number of price cuts in the 22835 zip code market climbed to 16 over the last 30 days, furthering a determined positive trend. Perhaps due to the decreases in list prices, sales increased to 10 homes sold. As the number of sellers reducing price trended higher, months of inventory continued to fall, trending downwards for four weeks to reach 10 months. The 22835 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
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