$399K  
The number of price cuts in the 22842 zip code market climbed to 12 over the last 30 days, furthering a pronounced positive trend. Perhaps due to the decreases in list prices, sales increased to eight homes sold. 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 22842 zip code, and this period the median price of all sales fell from $214,500 to $131,700. Even after the uptick in sales, an elevated eight months of inventory tells us that the 22842 zip code is still a strong buyer's market.
Comments:

$199K  
The 22842 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. To put it in perspective, the close-by 22664 zip code registered nine homes sold in the same period, the most of all surrounding zip codes. Months of inventory continued a steady fall, trending downwards for eight weeks to reach 11 months. The 22842 zip code is still a solid buyer's market due to the availability of such a large amount of remaining inventory, even after the uptick in sales.
Comments:

$549K  
The number of home sales in the 22842 zip code market rose 66.7% to five homes over the last 30 days, coming close to the 6.4 monthly average for the last 12 months. At the same time, the 22664 zip code reported 10 home sales, the highest number from all the surrounding zip codes. Pricing in the 22842 zip code remains consistent from last week to this week, with the median sales price at $210,000 again. Despite the uptick in sales, there are still 14 months of inventory left to work through, meaning the 22842 zip code is still a definite buyer's market.
Comments:

$399K  
Sales in the 22842 zip code market fell to three homes sold over the last 30 days, while the number of sellers reducing their list prices reached 10, which continues a budding upward trend in price reductions. The median sales price climbed to $210,000 over the latest reporting period for the 22842 zip code, up from $176,500. The 22842 zip code is a solid buyer's market, due to a big 23 months of inventory left and aided by the dip in sales.
Comments:

$175K  
22842 is a zip code that is growing faster than others in Virginia at a 10-year growth rate of 14.4%. It also has a larger than average population of 5,611 people. With a median age of 33 years, homes in the 22842 zip code tend to be relatively old.
Comments:

$2.6M  
The 22842 zip code market is enjoying an extended upward trend, even as sales remained flat at four homes over the last 30 days. The median sales price remained unchanged over the latest reporting period for the 22842 zip code, coming in at $149,500. With no movement in sales and the availability of 18 months of inventory, the 22842 zip code is a definite buyer's market.
Comments:

$114K  
The 22842 zip code market looks to improve in the short term. While four homes were sold over the last 30 days, the number of contracts executed rose to 12, the highest amount since September. When comparing other close-by zip codes within the same period, the most came from the 22664 zip code with 11 contracts executed. However, a six-week upward trend in pending transactions is expected to continue over the coming weeks. While contracts numbers rose, prices dropped. This week's reported median sales price of $149,500 continued a four-week downward trend. The 22842 zip code is a definite buyer's market, with a big 18 months of inventory to choose from coupled with falling prices.
Comments:

$259K  
The number of sellers reducing prices in the 22842 zip code market trended up to six over the last 30 days, extending a three-week streak. During the same period, four sales were completed. The median sales price in the 22842 zip code stayed put this week at $118,750. Along with the slip in sales, a relatively high 18 months of inventory indicates that the 22842 zip code is a definite buyer's market.
Comments:

$549K  
The 22842 zip code market got positive news 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. To put it in perspective, the close-by 22664 zip code registered six homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 22842 zip code, and the median sales price this period increased from $115,000 to $118,750. The 22842 zip code is still a strong buyer's market, due to the availability of 12 months of remaining inventory, even after the uptick in sales.
Comments:

$120K  
Over the last 30 days, sales in the 22842 zip code market fell to three. However, the number of pending transactions continued to improve, reaching a total of seven during the same period. The median sales price dropped to $115,000 over the latest reporting period for the 22842 zip code, down from $122,500. The 22842 zip code is a definite buyer's market, due to a big 23 months of inventory left and aided by the dip in sales.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Funkhouser Real Estate Group
Snapped 3 homes in this area
Snapped 3 homes in this area
Snapped 16 homes in this area

Agents that specialize in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.