$119K  
Home sales in the 22851 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 66.7% to one home sold over the last 30 days. On the other hand, the close-by 22835 zip code registered eight homes sold in the same period, the most of all surrounding zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $84,500. The 22851 zip code is a definite buyer's market, due to falling prices and a large 34 months of inventory left.
Comments:

$149K  
The 22851 zip code market showed strong improvement in this week's report, as the number of home sales rose 50.0%, pushing the total to three homes sold over the last 30 days. At the same time, the 22835 zip code reported 11 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 22851 zip code, and the median sales price this period increased from $78,750 to $84,500. The 22851 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 10 months of remaining inventory.
Comments:

$324K  
With two homes sold in the 22851 zip code market over the last 30 days, we see no change from last week's numbers. However, five new listings came into the market. The median sales price remained unchanged over the latest reporting period for the 22851 zip code, coming in at $78,750. The 22851 zip code is a solid buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

22851 is a less affluent than average zip code in Virginia with a median income of $39,916 per household. The population is also considered older than most with a median age of 40 years. Keep in mind, most people in the 22851 zip code own their homes, with a 59.3% ownership ratio.
Comments:

$595K  
Over the last 30 days, the 22851 zip code market showed gains with two homes sold, closing in on the average sales volume for the prior 12 months. To put it in perspective, the close-by 22835 zip code registered 10 homes sold in the same period, the most of all surrounding zip codes. The 22851 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 12 months of remaining inventory.
Comments:

$299K  
The 22851 zip code market reported zero sales over the last 30 days. The 22851 zip code usually averages 2.4 sales per month.
Comments:

$595K  
The 22851 zip code market is enjoying a pronounced upward trend, even as sales fell to two homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices went up in the 22851 zip code, with the median for this period rising from $158,500 to $279,200. Along with the slip in sales, a relatively high 12 months of inventory indicates that the 22851 zip code is a definite buyer's market.
Comments:

$349K  
With an extended upward trend of new sellers listing homes, including seven over the last 30 days, and sales that remained the same at three in that same time frame, the 22851 zip code market will be steady. 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 remained unchanged over the latest reporting period for the 22851 zip code, coming in at $158,500. With no movement in sales and the availability of eight months of inventory, the 22851 zip code is a strong buyer's market.
Comments:

$595K  
The number of sellers who put their homes up for sale in the 22851 zip code market over the last 30 days remained flat this week at nine. Home sales also remained unchanged from the prior period and once again three homes were sold. The median sales price remained unchanged over the latest reporting period for the 22851 zip code, coming in at $158,500. Along with flat sales, a relatively high eight months of inventory indicates that the 22851 zip code is a definite buyer's market.
Comments:

$595K  
A record three homes were sold in the 22851 zip code market over the last 30 days, which is a new high going back to December. This is a 200.0% spike and comes on top of an extended three-week steady increase in sales activity. When comparing other close-by zip codes within the same period, the most came from the 22727 zip code with five sales. Potential buyers should note that prices went up in the 22851 zip code, with the median for this period rising from $95,000 to $158,500. The 22851 zip code is a still strong buyer's market with eight months of remaining inventory, even with the rising sales numbers.
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