$419K  
More sellers put their homes up for sale in the 22853 zip code market over the last 30 days and the number of new listings rose this week to six. Home sales remained unchanged from the prior period and once again six homes were sold. The median sales price of all transactions in the 22853 zip code did not budge this week, remaining at $141,950.
Comments:

$479K  
This week in the 22853 zip code market, sales fell to six homes sold over the last 30 days, even as it endures an emerging upward trend in price reductions, with three reported in the same time frame. The median sales price climbed to $141,950 over the latest reporting period for the 22853 zip code, up from $118,900.
Comments:

The 22853 zip code has a cost of living adjustment score of 93.5, which is less expensive when compared to others in Virginia. Also, the area is considered somewhat affluent with a median income of $48,264 per household. The 22853 zip code is made up of homes that are relatively old with a median of 37 years.
Comments:

$419K  
The 22853 zip code market showed strong improvement this week as sales jumped 200.0% to reach six homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, the close-by 22802 zip code registered 22 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 22853 zip code, with the median for this period rising from $97,950 to $118,900.
Comments:

$412K  
The 22853 zip code market remained cold with two homes sold in the last 30 days, a 50.0% sales drop. Meanwhile, the 22802 zip code reported 27 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $97,950, down from last week's $115,950. The 22853 zip code is a solid buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
Comments:

$429K  
Sales have fallen to four homes sold over the last 30 days in the 22853 zip code market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to four for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Potential buyers should note that prices went up in the 22853 zip code, with the median for this period rising from $114,900 to $115,950. Along with the slip in sales, a relatively high eight months of inventory indicates that the 22853 zip code is a definite buyer's market.
Comments:

$429K  
In this week's report, the number of homes sold in the 22853 zip code market dropped to four over the past 30 days. It marked a decrease of 20.0% from last week's report and a fall below the monthly average. In comparison, the nearby 22802 zip code had 29 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 22853 zip code, and for this period the median sales price slid from $117,000 to $115,950. The 22853 zip code is a solid buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$419K  
This week in the 22853 zip code market, sales fell to five homes sold over the last 30 days, coinciding with an emerging downward trend in price reductions, with zero in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should note that prices went up in the 22853 zip code, with the median for this period rising from $115,950 to $117,000.
Comments:

$294K  
More sellers put their homes up for sale in the 22853 zip code market over the last 30 days and the number of new listings climbed this week to seven. Home sales remained unchanged from the prior period and once again five homes were sold. Potential buyers should note that prices are coming down in the 22853 zip code, and for this period the median sales price slid from $121,135 to $114,900.
Comments:

22853 is an average-sized zip code in Virginia with 4,357 residents. Also, it has seen a 5.5% increase in population over the last 10 years. Keep in mind, most people in the 22853 zip code own their homes, with a 65.3% ownership ratio.
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