$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.
Comments:

$389K  
With 6,138 residents, 22851 is a larger than average zip code in Virginia. Also, with a 7.5% increase over the last 10 years, its population is growing slower than other parts of the state. The 22851 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
Comments:

$245K  
The 22851 zip code market picked up this week with one home sold over the last 30 days. In comparison, the nearby 22835 zip code had six sales in the same time frame, the most of all neighboring zip codes. The 22851 zip code is still a solid buyer's market, due to the availability of 23 months of remaining inventory, even after the uptick in sales.
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$119K  
The 22851 zip code market reported another in a series of 30-day periods with zero home sales. The 22851 zip code usually averages 2.3 sales per month.
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$595K  
Typically, 22851 zip code accounts for 2.4 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
Comments:

$144K  
The 22851 zip code market reported another in a series of 30-day periods with zero home sales. The 22851 zip code usually averages 2.4 sales per month.
Comments:

$127K  
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:

$595K  
The 22851 zip code market reported another in a series of 30-day periods with zero home sales. The 22851 zip code usually averages 2.5 sales per month.
Comments:

$107K  
The 22851 zip code market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. The 22851 zip code usually averages 2.5 sales per month. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks.
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