$180K  
The 23878 zip code market reported another in a series of 30-day periods with zero home sales. The 23878 zip code usually averages 1.2 sales per month.
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$180K  
Once again, no deals were completed in the 23878 zip code market over the last 30 days. The 23878 zip code is used to having 1.3 sales per month.
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$349K  
23878 is a zip code in Virginia. It's somewhat affluent and the cost of living is average compared to the rest of the state, with a median income of $46,055 per household and cost of living adjustment score of 98.0. With a median age of 35 years, homes in the 23878 zip code tend to be relatively old.
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$349K  
Over the last 30 days, no deals were completed in the 23878 zip code market. It further extends a one-week downward trend in sales.
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$279K  
In this week's report, the number of homes sold in the 23878 zip code market slid to one over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. On the other hand, the close-by 23842 zip code registered six homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 23878 zip code, and for this period the median sales price slid from $198,500 to $165,000. Despite the slip in sales, a relatively low three months of inventory indicates that the 23878 zip code is a seller's market.
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$129K  
The 23878 zip code market pulled back this week but was still better than normal as sales slid 33.3% to two homes sold over the last 30 days. Meanwhile, the 23437 zip code reported six home sales, the highest number from all the surrounding zip codes. Prices are falling in the 23878 zip code, and this period the median price of all sales fell from $215,000 to $198,500. In spite of the decrease in sales, a low one month of inventory signals that the 23878 zip code is a strong seller's market.
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$129K  
The 23878 zip code market is enjoying a prolonged upward trend, even as sales fell to two 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. Potential buyers should note that prices went up in the 23878 zip code, with the median for this period rising from $180,000 to $198,500. Despite the slip in sales, a relatively low two months of inventory indicates that the 23878 zip code is a definite seller's market.
Comments:

$135K  
The number of sellers who put their homes up for sale in the 23878 zip code market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again three homes were sold. Months of inventory continued a steady fall, trending downwards for four weeks to reach two months. In spite of the decrease in sales, the lack of inventory signals that the 23878 zip code is still a definite seller's market.
Comments:

$349K  
With 1,132 residents, 23878 is a smaller-than-average zip code in Virginia. Also, with 25.0 people per square mile, it has a much lower than average density in comparison to other parts of the state. With an ownership ratio of 70.8%, most people in the 23878 zip code are homeowners.
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$135K  
The number of homes coming into the 23878 zip code market shrank to zero listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $114,000 this week.
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