$349K  
The number of homes coming into the 22844 zip code market rose to 16 listings over the last 30 days, while sales remained right where they were as once again six homes were sold over the same period. Pricing in the 22844 zip code remains consistent from last week to this week, with the median sales price at $150,000 again. The 22844 zip code is a definite buyer's market, thanks to a big 18 months of inventory to choose from and the flat sales.
Comments:

$140K  
Home sales in the 22844 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 33.3% to six 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. Potential buyers should note that prices are coming down in the 22844 zip code, and for this period the median sales price slid from $195,000 to $150,000. The 22844 zip code is a definite buyer's market, thanks to a big 17 months of inventory to choose from and a pullback in sales.
Comments:

$349K  
The 22844 zip code market made gains in this week's report, as the number of home sales rose 12.5%, pushing the total to nine homes sold over the last 30 days. At the same time, the 22802 zip code reported 30 home sales, the highest number from all the surrounding zip codes. The median sales price of all transactions in the 22844 zip code did not budge this week, remaining at $195,000. The 22844 zip code is still a definite buyer's market, due to the availability of 11 months of remaining inventory, even after the uptick in sales.
Comments:

$235K  
The 22844 zip code market took a hit this week but was still better than normal as sales plummeted 27.3% to eight homes sold over the last 30 days. On the other hand, the close-by 22802 zip code registered 26 homes sold in the same period, the most of all surrounding zip codes. The median sales price remained unchanged over the latest reporting period for the 22844 zip code, coming in at $195,000. The 22844 zip code is a solid buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$539K  
The 22844 zip code market pulled back with a 37.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (3.8) with five homes sold. On the other hand, the close-by 22835 zip code registered 10 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 22844 zip code, and the median sales price this period increased from $178,750 to $195,000. Along with the slip in sales, a relatively high nine months of inventory indicates that the 22844 zip code is a definite buyer's market.
Comments:

The 22844 zip code has a cost of living adjustment score of 109.1, which is expensive when compared to others in Virginia. Also, the area is considered somewhat affluent with a median income of $49,919 per household. The 22844 zip code is made up of homes that are relatively old with a median of 31 years.
Comments:

$479K  
The 22844 zip code market showed gains in this week's report, as the number of home sales jumped 33.3%, pushing the total to eight homes sold over the last 30 days. In comparison, the nearby 22835 zip code had eight sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $178,750, down from last week's $186,250.
Comments:

$179K  
The number of home sales in the 22844 zip code market climbed 20.0% to six homes over the last 30 days. To put it in perspective, the close-by 22835 zip code registered 11 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $186,250, down from last week's $210,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning the 22844 zip code is still a solid buyer's market.
Comments:

$249K  
Despite a new downward trend in sellers reducing price, including four markdowns over the last 30 days, sales in the 22844 zip code market rose to five over the same stretch of time. All indications show that the trend should continue, meaning less price reductions over the next few weeks. Prices are falling in the 22844 zip code, and this period the median price of all sales fell from $248,500 to $210,000. The 22844 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$299K  
The number of homes coming into the 22844 zip code market shot up to six listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price rose to $248,500, up from last week's $226,000. The 22844 zip code is a solid buyer's market, thanks to a big 17 months of inventory to choose from and the flat sales.
Comments:
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