20708 Zip Code Real Estate Market Continues Downward Trend in Contracts

The 20708 zip code market saw 18 homes go under contract and failed to break out of an emerging downward trend. Along with that, total home sales fell to 15 over the last 30 days. Prices are falling in the 20708 zip code, and this period the median price of all sales fell from $349,900 to $290,000. With only two months of inventory to sell, the 20708 zip code is a still definite seller's market, even after taking into consideration the falling contracts numbers.

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Demographic facts for the 20708 zip code:

  • This area has a population growth rating of 45. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 160.2 physicians.
  • This area has a health cost index score of 102.6. (100 = national average)
  • 72.4% of the residents commute to work alone in their car, 11.9% via carpool, and 10.9% by way of public transit.

Data reported through 10/12/2016

Comments:

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Keller Williams Realty Centre
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EXIT Right Realty
Snapped 1 home in this area
Keller Williams Capital Properties
Snapped 2 homes in this area

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