$449K  
In this week's report, the number of homes sold in the 22835 zip code market dropped to nine over the past 30 days, a decrease of 18.2% from last week's report. Within the same time frame, the 22842 zip code had 12 sales, the most of all zip codes in the area. The median sales price dropped to $145,000, down from last week's $158,400. The 22835 zip code is a strong buyer's market, due to a big 19 months of inventory left and aided by the dip in sales.
Comments:

$110K  
The 22835 zip code market was active in this week's report, as the number of home sales climbed 37.5%, pushing the total to 11 homes sold over the last 30 days. At the same time, the 22842 zip code reported 14 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $158,400, down from last week's $166,200. Even after the uptick in sales, an elevated 16 months of inventory tells us that the 22835 zip code is still a definite buyer's market.
Comments:

$699K  
Home sales in the 22835 zip code market stayed sluggish in this week's report as they slid 38.5% to eight homes sold over the last 30 days. Meanwhile, the 22842 zip code reported nine home sales, the highest number from all the surrounding zip codes. Prices were able to climb as this week's reported median sales price of $166,200 continued a four-week upswing. The 22835 zip code is a solid buyer's market, thanks to a big 22 months of inventory to choose from and a pullback in sales.
Comments:

$599K  
The 22835 zip code market closed in on its 12-month sales average this week with 13 homes sold over the last 30 days. At the same time, the 22842 zip code reported 13 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $145,000, down from last week's $151,700. Despite the uptick in sales, there are still 12 months of inventory left to work through, meaning the 22835 zip code is still a definite buyer's market.
Comments:

With 11,496 residents, 22835 is a larger than average zip code in Virginia. Also, with 76.6 people per square mile, it has an average density in comparison to other parts of the state. With an ownership ratio of 59.2%, most people in the 22835 zip code are homeowners.
Comments:

$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.
Comments:

$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.
Comments:

$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:

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.
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