The 21211 zip code market slowed with a 3.4% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 29.4 monthly average with 28 homes sold. On the other hand, the close-by 21207 zip code registered 52 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $193,750, extending a four-week long spiral. In spite of the falling prices, a low three months of inventory signals that the 21211 zip code is still a seller's market.
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