$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.
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$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.
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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%.
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$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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$168K  
Sales have dropped to three homes sold over the last 30 days in the 23043 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 six for the same period. Potential buyers should note that prices went up in the 23043 zip code, with the median for this period rising from $750,000 to $1,250,000. With decreasing sales and the availability of nine months of inventory, the 23043 zip code is a solid buyer's market.
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$985K  
The 23043 zip code market saw zero homes go under contract and failed to break out of a recent downward trend. Despite that, total home sales rose to three over the last 30 days. While contracts numbers dropped, prices were able to climb. This week's reported median sales price of $250,000 continued a four-week upswing. Despite the rising prices, with eight months of inventory left to work through, the 23043 zip code is still a definite buyer's market.
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$975K  
The 23043 zip code market showed gains in this week's report, as the number of sales went up to two homes sold over the last 30 days. At the same time, the 23061 zip code reported 32 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $235,000, down from last week's $250,000. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 23043 zip code is still a definite buyer's market.
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$975K  
More sellers put their homes up for sale in the 23043 zip code market over the last 30 days and the number of new listings rose this week to five. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for the 23043 zip code, coming in at $250,000. With no movement in sales and the availability of 18 months of inventory, the 23043 zip code is a solid buyer's market.
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$985K  
The 23043 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 23043 zip code usually averages 2.6 sales per month.
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$985K  
The 23043 zip code market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. The 23043 zip code usually averages 2.7 sales per month. Even with the inactivity, prices were able to climb. This week's reported median sales price of $0 continued a four-week upswing.
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