The Takoma Park market may be experiencing a prolonged pullback, but sales managed an uptick this week of 25.0% to 10 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price dropped to $439,500 over the latest reporting period for Takoma Park, down from $461,950. The rising sales and a low three months of inventory point to Takoma Park being a seller's market.
If you don't want to spend too much for a home, start by taking a look a these affordable listings in Takoma Park: