$309K  
The number of home sales in the 22851 zip code market shot up 50.0% to six homes over the last 30 days, exceeding the 4.9 monthly average for the last 12 months. At the same time, the 22802 zip code reported 19 home sales, the highest number from all the surrounding zip codes. The median sales price of all transactions in the 22851 zip code did not budge this week, remaining at $167,000. Despite the uptick in sales, there are still 15 months of inventory left to work through, meaning the 22851 zip code is still a strong buyer's market.
Comments:

$185K  
The 22851 zip code market might be improving in the short term, a good sign considering a current four-week downward trend. While four homes were sold over the last 30 days, the number of contracts executed rose to 11, the highest amount in three months. During the same time frame, 22802 had the most contracts executed of any other neighboring zip codes with 26. The median sales price dropped to $167,000 over the latest reporting period for the 22851 zip code, down from $205,000. Despite the rising contracts trend, with 23 months of inventory to work through, the 22851 zip code is a still solid buyer's market.
Comments:

$234K  
Over the last 30 days, the 22851 zip code market picked up with three homes sold. To put it in perspective, the close-by 22802 zip code registered 20 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $205,000, down from last week's $249,450. The 22851 zip code is still a definite buyer's market, due to the availability of 32 months of remaining inventory, even after the uptick in sales.
Comments:

22851 is a larger than average zip code in Virginia with 6,138 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 7.5%. The 22851 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall.
Comments:

$139K  
The 22851 zip code market improved in this week's report, as the number of sales went up to two homes sold over the last 30 days. Within the same time frame, the 22802 zip code had 21 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 22851 zip code, with the median for this period rising from $217,000 to $249,450. Even after the uptick in sales, an elevated 44 months of inventory tells us that the 22851 zip code is still a definite buyer's market.
Comments:

$309K  
The 22851 zip code market broke below its 12-month average sales volume this week as sales sank 80.0% to hit one home sold over the last 30 days. On the other hand, the close-by 22802 zip code registered 25 homes sold in the same period, the most of all surrounding zip codes. Pricing in the 22851 zip code remains consistent from last week to this week, with the median sales price at $217,000 again. With decreasing sales and the availability of 89 months of inventory, the 22851 zip code is a definite buyer's market.
Comments:

$799K  
The 22851 zip code market pulled back this week but was still better than normal as sales fell 16.7% to five homes sold over the last 30 days. In comparison, the nearby 22802 zip code had 22 sales in the same time frame, the most of all neighboring zip codes. The median sales price has been increasing as it hit $217,000, extending a four-week long spike. Along with the slip in sales, a relatively high 18 months of inventory indicates that the 22851 zip code is a strong buyer's market.
Comments:

$334K  
Sales fell in the 22851 zip code market to six homes sold over the last 30 days. It's also under a determined downward trend in the number of contracts closing, with this week's number falling to five. The median sales price dropped to $222,000, down from last week's $227,000. The 22851 zip code is a definite buyer's market, due to a downward trend in contracts numbers and 14 months of inventory remaining.
Comments:

The 22851 zip code has a population that is older than most in Virginia with a median age of 40 years. Also, it's less affluent than average with a median income of $39,916 per household. The 22851 zip code is an area where most people own their homes, with an ownership ratio of 59.3%.
Comments:

$799K  
Despite a 14.3% drop in sales over the last 30 days, the 22851 zip code market extended a three-week hot streak with a total of six homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price of all transactions in the 22851 zip code did not budge this week, remaining at $227,000. The 22851 zip code is a definite buyer's market, due to a big 13 months of inventory left and aided by the dip in sales.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page


©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by Black Knight Financial Services. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy
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.