$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:

$139K  
Over the last 30 days, the 22851 zip code market made strides with seven homes sold, a 40.0% increase from last week's report. At the same time, the 22802 zip code reported 24 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 22851 zip code, and for this period the median sales price slid from $230,200 to $227,000. Even after the uptick in sales, an elevated 11 months of inventory tells us that the 22851 zip code is still a definite buyer's market.
Comments:

$344K  
Over the last 30 days, the 22851 zip code market had a decrease in home sales with four. Furthermore, the amount of pending transactions continued to decline, with a total of three contracts during the same period. Prices are rising in the 22851 zip code, and the median sales price this period increased from $115,500 to $137,600. With a downward trend in contracts numbers and 18 months of inventory still left to work through, the 22851 zip code is a definite buyer's market.
Comments:

$139K  
In this week's report, the number of homes sold in the 22851 zip code market dropped to two over the past 30 days, a decrease of 50.0% from last week's report. On the other hand, the close-by 22802 zip code registered 30 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 22851 zip code, and the median sales price this period increased from $100,000 to $172,850. With decreasing sales and the availability of 34 months of inventory, the 22851 zip code is a definite buyer's market.
Comments:

$575K  
The 22851 zip code market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at 12. Pricing in the 22851 zip code remains consistent from last week to this week, with the median sales price at $84,500 again. The 22851 zip code is a solid buyer's market, thanks to a big 21 months of inventory to choose from and the flat 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 almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
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