$459K  
The 20659 zip code market showed strong improvement in this week's report, as the number of home sales rose 10.5%, pushing the total to 21 homes sold over the last 30 days. To put it in perspective, the close-by 20646 zip code registered 22 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 20659 zip code, and this period the median price of all sales fell from $314,000 to $262,500.
Comments:

$273K  
The 20659 zip code market will be getting more competitive in the short term. Sales have fallen this week to 19 homes sold over the last 30 days, and there is also an emerging upward trend of new listings, with 27 going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are falling in the 20659 zip code, and this period the median price of all sales fell from $314,500 to $314,000.
Comments:

$789K  
With home sales in the 20659 zip code market already below average, in this week's report they fell 9.1% to 20 homes sold over the last 30 days. In comparison, the nearby 20646 zip code had 25 sales in the same time frame, the most of all neighboring zip codes. Pricing in the 20659 zip code remains consistent from last week to this week, with the median sales price at $314,500 again.
Comments:

$949K  
The 20659 zip code is a zip code in Maryland with a median income of $74,463 per household. Besides being somewhat affluent, its population is older than others with a median age of 38 years. The 20659 zip code market is almost exclusively made up of detached homes, currently accounting for 98% overall. The top schools in the zip code are Mechanicsville Elementary School and Margaret Brent Middle School.
Comments:

$465K  
The 20659 zip code market pulled back with a 4.3% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 24.7 monthly average with 22 homes sold. Within the same time frame, the 20646 zip code had 23 sales, the most of all zip codes in the area. Potential buyers should take note that the median sales price in the 20659 zip code rose to $314,500 and that there are four months of inventory still available.
Comments:

$789K  
Home sales in the 20659 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 18.5% to 22 homes sold over the last 30 days. In comparison, the nearby 20646 zip code had 23 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $267,450, potentially helping to offset the four months of inventory left to be sold.
Comments:

$749K  
In this week's report, the number of homes sold in the 20659 zip code market dropped to 26 over the past 30 days, a decrease of 7.1% from last week's report, but still above the monthly average. In comparison, the nearby 20646 zip code had 18 sales in the same time frame, the most of all neighboring zip codes. Months of inventory in the 20659 zip code spiked to four but prices came down, as the median sales price dropped to $267,500.
Comments:

$289K  
The number of price cuts in the 20659 zip code market climbed to 47 over the last 30 days, furthering a recent positive trend. Perhaps due to the decreases in list prices, sales increased to 28 homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $281,000 over the latest reporting period for the 20659 zip code, down from $285,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 20659 zip code is a seller's market.
Comments:

$465K  
Sales rose to 27 homes sold in the 20659 zip code market over the last 30 days. However, a new downturn in the amount of pending transactions continued, with 32 completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that there are now four months of inventory available in the 20659 zip code and prices have come down. The median sales price dropped to $285,000.
Comments:

$799K  
With a 14.2% increase over the last 10 years, the 20659 zip code ranks first in terms of growth. However, with 23,569 residents, it only ranks 108th in terms of population for Maryland. The 20659 zip code is made up of homes that are of moderate age with a median of 24 years. The best schools in the zip code are Mechanicsville Elementary School and Margaret Brent Middle School.
Comments:
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