$499K  
In this week's report, the number of homes sold in the 23851 zip code market slid to 12 over the past 30 days, a decrease of 7.7% from last week's report, but still above the monthly average. On the other hand, the close-by 23434 zip code registered 76 homes sold in the same period, the most of all surrounding zip codes. Months of inventory continued a steady fall, trending downwards for four weeks to reach 10 months. Along with the slip in sales, the higher-than-normal inventory indicates that the 23851 zip code is a solid buyer's market.
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$514K  
The 23851 zip code market has established a new upward trend, even as sales fell 15.4% this week to 11 homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price jumped to $169,000 over the latest reporting period for the 23851 zip code, up from $127,000. The 23851 zip code is a definite buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
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The population of the 23851 zip code is growing faster than the rest of Virginia, at a 10-year growth rate of 1.2%. It's a larger than average zip code compared to the rest of the state, with 13,739 residents. The 23851 zip code is made up of homes that are relatively old with a median of 36 years. The best school in the zip code is Moyock Elementary School.
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$499K  
Sales in the 23851 zip code market ticked up to 13 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with 10 price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price climbed to $127,000, up from last week's $123,750. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 23851 zip code is still a strong buyer's market.
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$499K  
The 23851 zip code market pulled back with a 9.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (8.5) with 10 homes sold. Meanwhile, the 23434 zip code reported 71 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 23851 zip code, and the median sales price this period increased from $123,500 to $123,750. The 23851 zip code is a definite buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.
Comments:

$499K  
With a solid downward trend of new sellers listing homes, including 20 over the last 30 days, and sales that rose to 10 in that same time frame, the 23851 zip code market will be getting less crowded. The median sales price dropped to $123,750, down from last week's $124,000. Despite the uptick in sales, there are still 12 months of inventory left to work through, meaning the 23851 zip code is still a strong buyer's market.
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$499K  
Over the past 30 days, there have been fewer price cuts in the 23851 zip code market, continuing a three-week declining trend to land at eight. However, home sales were up to eight over the same period. Potential buyers should note that prices went up in the 23851 zip code, with the median for this period rising from $45,000 to $125,500. The 23851 zip code is still a definite buyer's market, due to the availability of 14 months of remaining inventory, even after the uptick in sales.
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$244K  
In this week's report, the number of homes sold in the 23851 zip code market dropped to six over the past 30 days, a decrease of 25.0% from last week's report. Meanwhile, the 23434 zip code reported 73 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 23851 zip code, and this period the median price of all sales fell from $143,450 to $45,000. Along with the slip in sales, a relatively high 19 months of inventory indicates that the 23851 zip code is a definite buyer's market.
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$249K  
The 23851 zip code market showed healthy signs in this week's report, as the number of home sales climbed 16.7%, pushing the total to seven homes sold over the last 30 days. To put it in perspective, the close-by 23434 zip code registered 76 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $147,000 over the latest reporting period for the 23851 zip code, down from $175,000. Despite the uptick in sales, there are still 16 months of inventory left to work through, meaning the 23851 zip code is still a definite buyer's market.
Comments:

$499K  
The 23851 zip code market saw sales remain flat this week with six homes sold over the last 30 days but new listings fell to 20. Prices are falling in the 23851 zip code, and this period the median price of all sales fell from $184,950 to $175,000. The 23851 zip code is a solid buyer's market, due to a big 18 months of inventory left and aided by the flat sales.
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