$424K  
The 21502 zip code market pulled back this week but was still better than normal as sales fell 2.4% to 40 homes sold over the last 30 days. In comparison, the nearby 26726 zip code had six sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 21502 zip code, and the median sales price this period increased from $67,000 to $82,137. The 21502 zip code is a strong buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

$424K  
The 21502 zip code market showed positive signs in this week's report, as the number of home sales climbed 14.3%, pushing the total to 40 homes sold over the last 30 days. In comparison, the nearby 21532 zip code had eight sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $69,887, down from last week's $72,500. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 21502 zip code is still a definite buyer's market.
Comments:

$424K  
Over the last 30 days, a determined downward trend of new sellers coming into the 21502 zip code market continued, with 42 listings in this week's report. Meanwhile, sales rose, with 34 homes selling during the same period. The median sales price dropped to $70,175, down from last week's $77,000. The 21502 zip code is still a definite buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
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$119K  
Over the last 30 days, the 21502 zip code market showed gains with 26 homes sold, closing in on the average sales volume for the prior 12 months. Within the same time frame, the 21532 zip code had 14 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 21502 zip code, with the median for this period rising from $72,500 to $73,887. Even after the uptick in sales, an elevated 13 months of inventory tells us that the 21502 zip code is still a definite buyer's market.
Comments:

$424K  
21502 is a larger than average zip code in Maryland with 45,502 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 1.4%. It should be noted that at 59.9%, most people own their homes in the 21502 zip code. Topping the list of best schools in the zip code is Bel Air Elementary School.
Comments:

$299K  
The 21502 zip code market closed in on its 12-month sales average this week as sales rose 13.6% to reach 25 homes sold over the last 30 days. To put it in perspective, the close-by 21532 zip code registered 13 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $72,500, up from last week's $66,425. Even after the uptick in sales, an elevated 14 months of inventory tells us that the 21502 zip code is still a definite buyer's market.
Comments:

$139K  
The 21502 zip code market might be slowing down in the coming weeks. Sales fell this week to 22 homes sold over the last 30 days, and there is a solid downward trend in the number of new listings, with 55 going live in the same time frame. Prices are rising in the 21502 zip code, and the median sales price this period increased from $61,500 to $66,425. With decreasing sales and the availability of 16 months of inventory, the 21502 zip code is a definite buyer's market.
Comments:

$165K  
The 21502 zip code market is starting to tighten. While sales came in at 28 homes sold over the last 30 days, price reductions are at their lowest number in three months, with 59 reported this week. In comparison, the 21532 zip code had 16 price reductions in the same time frame, the most of all nearby zip codes. Prices are falling in the 21502 zip code, and this period the median price of all sales fell from $89,000 to $61,500. The 21502 zip code is still a strong buyer's market, even after the decrease in price reductions, due to the large 13 months of inventory left.
Comments:

$745K  
The 21502 zip code market reported 44 contracts in the last 30 days, the highest amount since July. During the same period, 30 sales were completed. In comparison, the 21532 zip code had eight contracts executed in the same time frame, the most of all nearby zip codes. While contracts numbers were strong, the median sales price of those homes came in at $89,000, which extended a price upswing to four weeks. The 21502 zip code is a definite buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$424K  
With an identifiable downward trend of new sellers listing homes, including 57 over the last 30 days, and sales that fell to 34 in that same time frame, the 21502 zip code market will be slowing. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices are coming down in the 21502 zip code, and for this period the median sales price slid from $93,250 to $87,000. With decreasing sales and the availability of 10 months of inventory, the 21502 zip code is a definite buyer's market.
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