$157K  
New listings have increased in the 23043 zip code market, reaching a high that hasn't been seen since October. The market is still humming, with the sale of two homes over the last 30 days extending a four-week downward trend. During the same time frame, 23061 had the most new listings of any other neighboring zip codes with 42. While new seller numbers were strong, the median sales price of homes sold came in at $424,000, which extended a downward swing in price to four weeks. The 23043 zip code is a strong buyer's market, due to falling prices and a large 12 months of inventory left.
Comments:

$157K  
Despite a 100.0% growth in sales numbers this week to reach two homes sold over the last 30 days, the 23043 zip code market still shows a new trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Potential buyers should note that prices went up in the 23043 zip code, with the median for this period rising from $355,995 to $424,000. The 23043 zip code is still a definite buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
Comments:

23043 is a smaller-than-average zip code in Virginia with 1,671 residents. Its population is also shrinking slightly slower than others at a 10-year growth rate of -57.5%. The 23043 zip code market is almost exclusively made up of detached houses, which currently account for 94% of the homes for sale in the area.
Comments:

$191K  
The 23043 zip code market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at five. Pricing in the 23043 zip code remains consistent from last week to this week, with the median sales price at $355,995 again. With no movement in sales and the availability of 21 months of inventory, the 23043 zip code is a strong buyer's market.
Comments:

$975K  
The 23043 zip code market was steady this week as sales remained at one home over the prior 30 days, but the area is experiencing an identifiable upward trend of contracts closing, now up to three. 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 of all transactions in the 23043 zip code did not budge this week, remaining at $355,995. The 23043 zip code is a definite buyer's market, thanks to a big 24 months of inventory to choose from and the flat sales.
Comments:

$795K  
The number of sellers reducing prices in the 23043 zip code market trended up to four over the last 30 days, extending a six-week streak. During the same period, one sale was completed. Pricing in the 23043 zip code remains consistent from last week to this week, with the median sales price at $355,995 again. Along with flat sales, a relatively high 17 months of inventory indicates that the 23043 zip code is a solid buyer's market.
Comments:

$795K  
In this week's report, the number of homes sold in the 23043 zip code market dropped to one over the past 30 days, a decrease of 50.0% from last week's report. Meanwhile, the 23061 zip code reported 55 home sales, the highest number from all the surrounding zip codes. The median sales price tumbled to $355,995 over the latest reporting period for the 23043 zip code, down from $1,250,000. The 23043 zip code is a definite buyer's market, thanks to a big 18 months of inventory to choose from and a pullback in sales.
Comments:

$975K  
Home sales in the 23043 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 33.3% to two homes sold over the last 30 days. Meanwhile, the 23061 zip code reported 52 home sales, the highest number from all the surrounding zip codes. The median sales price of all transactions in the 23043 zip code did not budge this week, remaining at $1,250,000. The 23043 zip code is a strong buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

The 23043 zip code has one of the most youthful populations in Virginia with a median age of 56 years. On top of being ranked the sixth-youngest zip code, it's affluent with a median income of $56,918 per household. The 23043 zip code has an home ownership ratio of 42.0% and a renting ratio of 8.5%.
Comments:

$795K  
Sales in the 23043 zip code market remained flat at three homes sold over the last 30 days, while the number of sellers reducing their list prices reached five, which continues a new upward trend in price reductions. The median sales price remained unchanged over the latest reporting period for the 23043 zip code, coming in at $1,250,000. The 23043 zip code is a solid buyer's market, due to a big seven months of inventory left and aided by the flat sales.
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