$400K  
Over the last 30 days, the 23927 zip code market showed gains with five homes sold, a 25.0% increase from last week's report. Pricing in the 23927 zip code remains consistent from last week to this week, with the median sales price at $315,000 again. The 23927 zip code is still a definite buyer's market, due to the availability of nine months of remaining inventory, even after the uptick in sales.
Comments:

$285K  
The 23927 zip code market was solid in this week's report, as the number of home sales climbed 100.0%, pushing the total to four homes sold over the last 30 days. To put it in perspective, the close-by 23924 zip code registered two homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 23927 zip code, and this period the median price of all sales fell from $327,500 to $315,000. Even after the uptick in sales, an elevated 11 months of inventory tells us that the 23927 zip code is still a solid buyer's market.
Comments:

The 23927 zip code has a much younger population than other areas in Virginia with a median age of 51 years. It is also somewhat affluent with a median income of $47,115 per household. The 23927 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall.
Comments:

$349K  
Despite an emerging downward trend in sellers reducing price, including two markdowns over the last 30 days, sales in the 23927 zip code market rose to two over the same stretch of time. Despite the uptick in sales, there are still 20 months of inventory left to work through, meaning the 23927 zip code is still a definite buyer's market.
Comments:

$299K  
Fewer sellers put their homes up for sale in the 23927 zip code market over the last 30 days and the number of new listings fell this week to four. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for the 23927 zip code, coming in at $300,000. With no movement in sales and the availability of 42 months of inventory, the 23927 zip code is a definite buyer's market.
Comments:

$150K  
Over the last 30 days, sales in the 23927 zip code market remained at their current pace of one homes. However, the amount of pending transactions continued to improve, reaching a total of three during the same period. A months of inventory number of 44 reported this week continued a four-week upward trend, even with the strong contracts in the area. The 23927 zip code is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$299K  
Fewer sellers put their homes up for sale in the 23927 zip code market over the last 30 days and the number of new listings fell this week to seven. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for the 23927 zip code, coming in at $300,000. The 23927 zip code is a strong buyer's market, thanks to a big 44 months of inventory to choose from and the flat sales.
Comments:

$110K  
23927 is an average-sized zip code in Virginia with a population of 4,222 residents, and it has an average density compared to the rest of the state, with 59.9 people per square mile. Keep in mind, 48.6% of the homes in the 23927 zip code are owned, while 16.4% are rented.
Comments:

$600K  
With one home sold in the 23927 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with nine new listings for buyers to choose from. The median sales price rose dramatically to $300,000 over the latest reporting period for the 23927 zip code, up from $190,000. With no movement in sales and the availability of 43 months of inventory, the 23927 zip code is a solid buyer's market.
Comments:

$425K  
With a budding upward trend of new sellers listing homes, including 12 over the last 30 days, and sales that remained the same at one in that same time frame, the 23927 zip code market will be steady. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price in the 23927 zip code stayed put this week at $190,000. The 23927 zip code is a definite buyer's market, thanks to a big 43 months of inventory to choose from and the flat sales.
Comments:
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