$104K  
The number of sellers reducing prices in the 22849 zip code market trended up to nine over the last 30 days, extending a three-week streak. During the same period, six sales were completed. A months of inventory number of 10 reported this week continued a four-week downward trend, to go along with the strong number of price reductions in the area. Along with the slip in sales, the higher-than-normal inventory indicates that the 22849 zip code is a solid buyer's market.
Comments:

22849 is a zip code that is growing slower than others in Virginia at a 10-year growth rate of 7.4%. It also has an average-sized population of 4,842 people. With a median age of 38 years, homes in the 22849 zip code tend to be relatively old. The best school in the zip code is Grove Hill Elementary School.
Comments:

$469K  
Despite holding steady in sales this week, the 22849 zip code market extended a three-week hot streak with a total of seven homes sold over the last 30 days. The median sales price in the 22849 zip code stayed put this week at $115,000. Along with flat sales, a relatively high nine months of inventory indicates that the 22849 zip code is a definite buyer's market.
Comments:

$350K  
Sales retained their current pace and came in at six homes sold in the 22849 zip code market over the last 30 days. However, a six-week upward trend for contracts was extended, with nine pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Potential buyers should note that prices are coming down in the 22849 zip code, and for this period the median sales price slid from $134,550 to $115,000. Along with flat sales, a relatively high 11 months of inventory indicates that the 22849 zip code is a solid buyer's market.
Comments:

$239K  
Over the last 30 days, a solid upward trend of new sellers coming into the 22849 zip code market continued, with 11 listings in this week's report. Meanwhile, sales have dropped, with five homes selling during 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 dropped to $130,500, down from last week's $138,600. With decreasing sales and the availability of 13 months of inventory, the 22849 zip code is a solid buyer's market.
Comments:

$325K  
The number of home sales in the 22849 zip code market climbed 16.7% to seven homes over the last 30 days. At the same time, the 22802 zip code reported 24 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $138,600, down from last week's $147,000. Even after the uptick in sales, an elevated nine months of inventory tells us that the 22849 zip code is still a definite buyer's market.
Comments:

The 22849 zip code is older than the rest of Virginia, with a median age of 40. It's less affluent than average as well, with a median income of $43,728 per household. The 22849 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall. The best school in the zip code is Grove Hill Elementary School.
Comments:

$469K  
Home sales rose to six homes sold over the last 30 days, providing a boost to the 22849 zip code market. That may continue, due to a three-week upward trend for contracts, with eight in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. As contracts trended higher, the median sales price climbed with it, trending upwards for four weeks to reach $147,000. Even after the rising contracts numbers and the rising prices, the 10 months of inventory tells us that the 22849 zip code is still a strong buyer's market.
Comments:

$399K  
In this week's report, the number of homes sold in the 22849 zip code market fell to three over the past 30 days, a decrease of 25.0% from last week's report. Meanwhile, the 22802 zip code reported 30 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 22849 zip code, with the median for this period rising from $171,700 to $178,400. Along with the slip in sales, a relatively high 20 months of inventory indicates that the 22849 zip code is a definite buyer's market.
Comments:

$229K  
The 22849 zip code market saw sales remain flat this week with two homes sold over the last 30 days, while new listings shot up to 10. The median sales price in the 22849 zip code stayed put this week at $165,000. The 22849 zip code is a definite buyer's market, due to a big 30 months of inventory left and aided by the flat sales.
Comments:
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