$139K  
Sales remained at two homes sold over the last 30 days in the 22844 zip code market. Sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to four for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price of all transactions in the 22844 zip code did not budge this week, remaining at $88,000. With no movement in sales and the availability of 16 months of inventory, the 22844 zip code is a definite buyer's market.
Comments:

$299K  
Over the last 30 days, the number of homes sold in the 22844 zip code ticked up to two. While the sales increased, the amount of pending transactions also trended upward, reaching a total of four during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are falling in the 22844 zip code, and this period the median price of all sales fell from $106,000 to $88,000. Despite the rising contracts trend, with 15 months of inventory to work through, the 22844 zip code is a still solid buyer's market.
Comments:

$159K  
The population of the 22844 zip code is somewhat affluent compared to others in Virginia with a median income of $49,919 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 109.1. With a median age of 31 years, homes in the 22844 zip code tend to be relatively old.
Comments:

$105K  
Sales numbers in the 22844 zip code market remain the same with one home sold over the last 30 days and the market still shows a budding trend downward overall. Pricing in the 22844 zip code remains consistent from last week to this week, with the median sales price at $106,000 again. A downturn in sales, coupled with the availability of 30 months of inventory, prove that the 22844 zip code is a solid buyer's market.
Comments:

$179K  
With an emerging upward trend of new sellers listing homes, including four over the last 30 days, and sales that have ticked up to one in that same time frame, the 22844 zip code market will be heating up. The 22844 zip code is still a definite buyer's market, due to the availability of 27 months of remaining inventory, even after the uptick in sales.
Comments:

$299K  
The 22844 zip code market reported another in a series of 30-day periods with zero home sales. The 22844 zip code usually averages 3.8 sales per month.
Comments:

$108K  
The 22844 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 22844 zip code usually averages 3.8 sales per month.
Comments:

$374K  
The 22844 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 22844 zip code usually averages 3.8 sales per month. All indications show that the trend should continue, meaning less pending transactions over the next few weeks.
Comments:

$159K  
22844 is an average-sized zip code in Virginia with 4,423 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 14.4%. The 22844 zip code market almost exclusively consists of detached houses, accounting for 93% of the current homes in the area.
Comments:

$299K  
Once again, no deals were completed in the 22844 zip code market over the last 30 days. The 22844 zip code is used to having 3.8 sales per month. Price reductions numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend.
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Coldwell Banker Premier
Snapped 1 home in this area
ERA Oakcrest Realty, Inc.
Snapped 1 home in this area
Douglas Realty LLC
Snapped 1 home in this area

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