$239K  
The 22960 zip code market stayed soft with four homes sold in the last 30 days, a 20.0% sales drop. On the other hand, the close-by 22701 zip code registered 38 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $127,450, down from last week's $162,000. The 22960 zip code is a definite buyer's market, thanks to a big 19 months of inventory to choose from and a pullback in sales.
Comments:

$105K  
New listings have increased in the 22960 zip code market, reaching a high that hasn't been seen since last April. There were also five homes sold over the last 30 days. During the same time frame, 22701 had the most new listings of any other neighboring zip codes with 57. While new listing numbers rose, prices dropped. This week's reported median sales price of $162,000 continued a four-week downward trend. With prices falling, the availability of 15 months of inventory means that the 22960 zip code is a solid buyer's market.
Comments:

$265K  
The number of home sales in the 22960 zip code market climbed 40.0% to seven homes over the last 30 days, coming close to the 8.2 monthly average for the last 12 months. Within the same time frame, the 22701 zip code had 36 sales, the most of all zip codes in the area. The median sales price of all transactions in the 22960 zip code did not budge this week, remaining at $162,000. The 22960 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.
Comments:

$265K  
The 22960 zip code market stayed sluggish this week as sales fell 16.7% to land at five homes sold over the last 30 days. In comparison, the nearby 22701 zip code had 36 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $162,000, up from last week's $152,500. With decreasing sales and the availability of 15 months of inventory, the 22960 zip code is a strong buyer's market.
Comments:

$265K  
The 22960 zip code has a population that is older than most in Virginia with a median age of 42 years. Also, it's somewhat affluent with a median income of $46,486 per household. With an ownership ratio of 57.1%, most people in the 22960 zip code are homeowners.
Comments:

$1.4M  
The 22960 zip code market reported positive news this week as sales climbed 50.0% to hit six homes sold over the last 30 days. At the same time, the 22701 zip code reported 38 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $152,500, up from last week's $131,500. The 22960 zip code is still a definite buyer's market, due to the availability of 12 months of remaining inventory, even after the uptick in sales.
Comments:

$185K  
Over the last 30 days, the number of homes sold in the 22960 zip code inched up to four. While the sales increased, the amount of pending transactions also trended upward, reaching a total of 10 during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price jumped to $131,500, up from last week's $85,900. Despite the rising contracts trend, with 18 months of inventory to work through, the 22960 zip code is a still definite buyer's market.
Comments:

$1.4M  
The 22960 zip code market stayed soft with two homes sold in the last 30 days, a 66.7% sales drop. In comparison, the nearby 22701 zip code had 28 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 22960 zip code, and for this period the median sales price slid from $330,000 to $85,900. The 22960 zip code is a solid buyer's market, due to a big 34 months of inventory left and aided by the dip in sales.
Comments:

$1.4M  
The 22960 zip code market remained cool with five homes sold in the last 30 days, a 28.6% sales drop. Meanwhile, the 22701 zip code reported 20 home sales, the highest number from all the surrounding zip codes. The median sales price jumped to $395,000, up from last week's $265,000. The 22960 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:

$1.4M  
Over the last 30 days, sales in the 22960 zip code market fell to seven. However, the number of pending transactions continued to improve, reaching a total of 11 during the same period. Pricing in the 22960 zip code remains consistent from last week to this week, with the median sales price at $265,000 again. With decreasing sales and the availability of eight months of inventory, the 22960 zip code is a definite buyer's market.
Comments:
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