The number of home sales in the 20707 zip code market rose 12.5% to 36 homes over the last 30 days, exceeding the 35.0 monthly average for the last 12 months. In comparison, the nearby 20904 zip code had 30 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 20707 zip code, and this period the median price of all sales fell from $257,500 to $250,000. The rising sales and a low two months of inventory point to the 20707 zip code being a definite seller's market.
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