$107K  
A six-week rough patch for the overall sales trend continues in the 23827 zip code market, with the number of sales staying even at one over the last 30 days. The median sales price in the 23827 zip code stayed put this week at $20,000.
Comments:

The 23827 zip code has a cost of living adjustment score of 90.4, which is less expensive when compared to others in Virginia. Also, the area is considered less affluent than average with a median income of $39,395 per household. Homes in the 23827 zip code are older than most with a median age of 47 years.
Comments:

$127K  
Over the last 30 days, no deals were completed in the 23827 zip code market. It further extends a five-weeks downward trend in sales.
Comments:

$149K  
The 23827 zip code market saw sales remain consistent with one home sold over the last 30 days and is also under an emerging downward trend in the number of contracts closing, with this week's number falling to one. Pricing in the 23827 zip code remains consistent from last week to this week, with the median sales price at $10,000 again. With a downward trend in contracts numbers and eight months of inventory still left to work through, the 23827 zip code is a definite buyer's market.
Comments:

$127K  
Sales numbers in the 23827 zip code market remain the same with one home sold over the last 30 days and the market still shows an identifiable trend downward overall. The median sales price of all transactions in the 23827 zip code did not budge this week, remaining at $10,000. The 23827 zip code is a strong buyer's market with eight months of inventory to choose from, aided by the downturn in sales.
Comments:

$149K  
The 23827 zip code market saw sales remain steady this week at one home sold over the last 30 days, while it undergoes a determined downward trend in price reductions, with zero in the same time frame. The median sales price in the 23827 zip code stayed put this week at $10,000. With no movement in sales and the availability of nine months of inventory, the 23827 zip code is a definite buyer's market.
Comments:

$127K  
The 23827 zip code market was quiet this week as no sales were reported over the previous 30 days. The 23827 zip code usually averages 1.0 sale per month.
Comments:

23827 is a smaller-than-average zip code in Virginia with a population of 1,345 residents. Also, it has a much lower than average density with 30.7 people per square mile. Keep in mind, most people in the 23827 zip code own their homes, with a 59.5% ownership ratio.
Comments:

$149K  
In this week's report, the number of homes sold in the 23827 zip code market slid to one over the past 30 days. It marked a decrease of 50.0% from last week's report and another period below the monthly average. Meanwhile, the 23851 zip code reported six home sales, the highest number from all the surrounding zip codes. Months of inventory rose to nine this period, its highest point since last May. With decreasing sales and the availability of so much inventory, the 23827 zip code is a solid buyer's market.
Comments:

$149K  
The 23827 zip code market extended a six-week hot streak this week, even as sales remained flat at three homes sold over the last 30 days. The median sales price in the 23827 zip code stayed put this week at $37,500. In spite of flat sales, a low three months of inventory signals that the 23827 zip code is a seller's market.
Comments:
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Lonnie Bush Real Estate LLC
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