$105K  
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 25.8% to 23 homes sold over the last 30 days. Meanwhile, the 20646 zip code reported 23 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $277,500, extending a four-week long spiral.
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$949K  
A three-week positive trend in the number of homes sold was extended this week after the 20659 zip code market added another 30 transactions over the last 30 days. With 24 price reductions, the lowest amount since last January, the market may be finding a price bottom. In comparison, the 20646 zip code had 22 price reductions in the same time frame, the most of all nearby zip codes. Potential buyers should note that prices are coming down in the 20659 zip code, and for this period the median sales price slid from $277,500 to $276,200. With sales trending lower and only three months of inventory, the 20659 zip code is a seller's market.
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$318K  
The 20659 zip code market slowed with a 2.9% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (24.9) with 34 homes sold. Meanwhile, the 20646 zip code reported 20 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 20659 zip code, with the median for this period rising from $259,900 to $276,200. Despite the slip in sales, a relatively low three months of inventory indicates that the 20659 zip code is a seller's market.
Comments:

$949K  
The 20659 zip code has one of the fastest growing populations in Maryland with a 14.2% increase over the last 10 years. Despite being ranked first for growth, it's currently only ranked 108th in terms of total population with 23,569 residents. The 20659 zip code is made up of homes that are considered of moderate age with a median of 24 years. Leading the list of top schools in the zip code are Mechanicsville Elementary School and Margaret Brent Middle School.
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$449K  
The number of home sales in the 20659 zip code market climbed 21.4% to 34 homes over the last 30 days. At the same time, the 20678 zip code reported 22 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 20659 zip code, and for this period the median sales price slid from $283,500 to $257,450. 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.
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$444K  
Over the last 30 days, the 20659 zip code market had a lift in home sales with 28. But as sales edged up, the number of pending transactions continued to decline, with a total of 10 contracts during the same period. Potential buyers should note that prices went up in the 20659 zip code, with the median for this period rising from $275,000 to $283,500. With just three months of inventory available and sales going up, the 20659 zip code is a seller's market.
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$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.
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$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.
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$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.
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