Sales fell this week to 10 homes sold in the 20653 zip code market over the last 30 days. However, a six-week positive trend for contracts was extended, with 28 pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price dropped to $191,500, down from last week's $193,000. The 20653 zip code is a definite buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
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