$524K  
In this week's report, the number of homes sold in the 22960 zip code market slid to 19 over the past 30 days, a decrease of 29.6% from last week's report, but still above the monthly average. On the other hand, the close-by 22701 zip code registered 50 homes sold in the same period, the most of all surrounding zip codes. The median sales price of all transactions in the 22960 zip code did not budge this week, remaining at $172,000. The 22960 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

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. The 22960 zip code is an area where most people own their homes, with an ownership ratio of 57.1%.
Comments:

$524K  
The number of home sales in the 22960 zip code market rose 12.5% to 27 homes over the last 30 days. To put it in perspective, the close-by 22701 zip code registered 50 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $172,000, down from last week's $200,000. Even after the uptick in sales, an elevated seven months of inventory tells us that the 22960 zip code is still a definite buyer's market.
Comments:

$695K  
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 49 sales, the most of all zip codes in the area. The median sales price in the 22960 zip code stayed put this week at $195,000. The 22960 zip code is a solid buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$134K  
Over the last 30 days, a determined downward trend of new sellers coming into the 22960 zip code market continued, with 21 listings in this week's report. Meanwhile, sales inched up, with 27 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 $200,000 to $195,000.
Comments:

$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:
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