$795K  
Sales in the 22960 zip code market rose to 25 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 35, which continues a prolonged upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in the 22960 zip code, and for this period the median sales price slid from $208,500 to $205,000.
Comments:

$169K  
Over the last 30 days, the 22960 zip code market was healthy with 19 homes sold, an 18.8% increase from last week's report. At the same time, the 22701 zip code reported 47 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 22960 zip code, and the median sales price this period increased from $176,750 to $208,500. Even after the uptick in sales, an elevated nine months of inventory tells us that the 22960 zip code is still a solid buyer's market.
Comments:

With 10,208 residents, 22960 is a larger than average zip code in Virginia. Also, with a 20.0% increase over the last 10 years, its population is growing faster than other parts of the state. The 22960 zip code market is almost exclusively made up of detached houses, which currently account for 96% of the homes for sale in the area.
Comments:

$4M  
Over the last 30 days, an identifiable downward trend of new sellers coming into the 22960 zip code market continued, with 31 listings in this week's report. Meanwhile, sales rose, with 16 homes selling during the same period. Prices are falling in the 22960 zip code, and this period the median price of all sales fell from $193,500 to $176,750. 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:

$795K  
This week in the 22960 zip code market, sales fell to 14 homes sold over the last 30 days, even as it endures a budding upward trend in price reductions, with 27 reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price climbed to $196,700 over the latest reporting period for the 22960 zip code, up from $187,250. With decreasing sales and the availability of 12 months of inventory, the 22960 zip code is a strong buyer's market.
Comments:

$550K  
While home sales in the 22960 zip code market have been above average, in this week's report they slid 14.8% to 23 homes sold over the last 30 days. Within the same time frame, the 22701 zip code had 46 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 22960 zip code, and for this period the median sales price slid from $199,900 to $193,500. With decreasing sales and the availability of eight months of inventory, the 22960 zip code is a strong buyer's market.
Comments:

$139K  
In this week's report, the number of homes sold in the 22960 zip code market fell to 25 over the past 30 days, a decrease of 7.4% from last week's report, but still above the monthly average. On the other hand, the close-by 23093 zip code registered 49 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 22960 zip code, and the median sales price this period increased from $181,000 to $199,900.
Comments:

$5.2M  
Sales in the 22960 zip code market fell to 25 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 24, which continues an identifiable upward trend in price reductions. As the lowering of listing prices trended higher, sale prices themselves have been increasing. The median sales price hit $194,900, extending a four-week long spike.
Comments:

22960 is a somewhat affluent zip code in Virginia with a median income of $46,486 per household. The population is also considered older than most with a median age of 42 years. It should be noted that at 57.1%, most people own their homes in the 22960 zip code.
Comments:

$5.2M  
The 22960 zip code market saw sales surge 28.6% and it is currently in the midst of an extended upward sales trend, including 27 homes sold over the last 30 days. The median sales price of all transactions in the 22960 zip code did not budge this week, remaining at $215,000.
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