Sales remained steady from last week to this week, with one home sold in the 23828 zip code market over the last 30 days. However, a confirmed downturn in the number of pending transactions continued, with zero completed in the same period. The median sales price in the 23828 zip code stayed flat at $105,000 while months of inventory was flat at four.
Comments:

More sellers put their homes up for sale in the 23828 zip code market over the last 30 days and the number of new listings spiked this week to one. Home sales remained unchanged from the prior period and once again one home was sold. Pricing in the 23828 zip code remains consistent from last week to this week, with the median sales price at $105,000 again. With only three months of inventory to sell, the 23828 zip code is a seller's market, in spite of the flat sales.
Comments:

Sellers in the 23828 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 23828 zip code usually averages 0.2 sales per month.
Comments:

The number of sellers who put their homes up for sale in the 23828 zip code market over the last 30 days remained flat this week at one. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price of homes sold came in at $93,000, which extended a price upswing to four weeks. With such low levels of inventory, the 23828 zip code is still a definite seller's market, in spite of the dip in sales.
Comments:

The 23828 zip code has a population that is much younger than most in Virginia with a median age of 44 years. Also, it's much less affluent than average with a median income of $36,047 per household. With an ownership ratio of 58.2%, most people in the 23828 zip code are homeowners.
Comments:

The number of homes coming into the 23828 zip code market stayed firm with one listing over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price in the 23828 zip code stayed put this week at $93,000. In spite of flat sales, a low two months of inventory signals that the 23828 zip code is a definite seller's market.
Comments:

Sales in the 23828 zip code market remained flat at one home sold over the last 30 days, while the number of sellers reducing their list prices reached zero, which continues an emerging upward trend in price reductions. Pricing in the 23828 zip code remains consistent from last week to this week, with the median sales price at $93,000 again. There are only two months of inventory available in the 23828 zip code, so it's a definite seller's market, even if sales are flat.
Comments:

The 23828 zip code market made strides this week and remained above its average as sales reached one home sold over the last 30 days. Within the same time frame, the 23851 zip code had seven sales, the most of all zip codes in the area. The rising sales and a low two months of inventory point to the 23828 zip code being a solid seller's market.
Comments:

The 23828 zip code market was quiet this week as no sales were reported over the previous 30 days. The 23828 zip code usually averages 0.2 sales per month.
Comments:

With 498 residents, 23828 is a small zip code in Virginia. Also, with a 15.4% decrease over the last 10 years, its population is shrinking slightly slower than other parts of the state. Detached homes account for 100% of the area's current housing market.
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