$469K  
The 23175 zip code market improved this week with one home sold over the last 30 days. In comparison, the nearby 23061 zip code had 44 sales in the same time frame, the most of all neighboring zip codes. Even after the uptick in sales, an elevated 17 months of inventory tells us that the 23175 zip code is still a solid buyer's market.
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$155K  
The 23175 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 23175 zip code usually averages 1.7 sales per month.
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$155K  
Yet again, no deals were completed in the 23175 zip code market over the last 30 days. The 23175 zip code is used to having 1.8 sales per month.
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$2.9M  
Yet again, no deals were completed in the 23175 zip code market over the last 30 days. The 23175 zip code is used to having 1.9 sales per month.
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The 23175 zip code has a population that is much younger than most in Virginia with a median age of 52 years. Also, it's affluent with a median income of $54,872 per household. With an ownership ratio of 52.1%, most people in the 23175 zip code are homeowners.
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$469K  
The 23175 zip code market reported another 30-day period of zero home sales this week. The 23175 zip code usually averages 1.9 sales per month.
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$2.9M  
Over the last 30 days, no deals were completed in the 23175 zip code market. The 23175 zip code is used to having 2.0 sales per month.
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$2.9M  
The 23175 zip code market might be slowing in the coming weeks. Sales stayed steady at one home sold over the last 30 days, but there is an established downward trend in the number of new listings, with two going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Pricing in the 23175 zip code remains consistent from last week to this week, with the median sales price at $205,000 again. With no movement in sales and the availability of 13 months of inventory, the 23175 zip code is a definite buyer's market.
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$2.9M  
Sales in the 23175 zip code market remained flat at one home sold over the last 30 days, while the number of sellers reducing their list prices reached one, which continues an established upward trend in price reductions. While price reduction numbers rose, sale prices climbed as well. This week's reported median sales price of $205,000 continued an eight-week upswing. The 23175 zip code is a solid buyer's market, due to a big 11 months of inventory left and aided by the flat sales.
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$2.9M  
Over the last 30 days, an established upward sales trend continued in the 23175 zip code market, even as sales fell to one this week. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price climbed to $205,000, up from last week's $192,500. Along with the slip in sales, a relatively high 12 months of inventory indicates that the 23175 zip code is a definite buyer's market.
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