The Lanham-Seabrook market reported 31 contracts in the last 30 days, the highest amount since July. During the same period, 15 sales were completed. In comparison, Bowie led all other nearby municipalities with 96 contracts executed. As contracts hit a new high, prices have been falling. The median sales price dropped to $255,997, extending a four-week long spiral. There are only two months of inventory available in Lanham-Seabrook, so it's still a solid seller's market, despite the falling prices.
Trying to find a home at a bargain price? Take a look at these affordable homes in Lanham-Seabrook: