$1.4M  
While home sales in the 21541 zip code market have been above average, in this week's report they slid 9.1% to 10 homes sold over the last 30 days. In comparison, the nearby 21550 zip code had 20 sales in the same time frame, the most of all neighboring zip codes. Months of inventory were further reduced to nine, extending a downward trend to four weeks. The 21541 zip code is a strong buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$1.4M  
The 21541 zip code market saw sales remain flat this week with 11 homes sold over the last 30 days but new listings fell to 10. The median sales price remained unchanged over the latest reporting period for the 21541 zip code, coming in at $336,900. The 21541 zip code is a strong buyer's market, due to a big nine months of inventory left and aided by the flat sales.
Comments:

$389K  
Home sales rose to nine homes sold over the last 30 days, providing good news to the 21541 zip code market. That may continue, due to a three-week upward trend for contracts, with 11 in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are falling in the 21541 zip code, and this period the median price of all sales fell from $392,500 to $360,000. The 21541 zip code is a still solid buyer's market, in spite of the rising contracts numbers, due to the availability of 11 months of remaining inventory.
Comments:

$549K  
While home sales in the 21541 zip code market have been above average, in this week's report they slid 11.1% to eight homes sold over the last 30 days. Meanwhile, the 21550 zip code reported 19 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $392,500, up from last week's $360,000. Along with the slip in sales, a relatively high 12 months of inventory indicates that the 21541 zip code is a definite buyer's market.
Comments:

$1.4M  
The number of price cuts in the 21541 zip code market climbed to 19 over the last 30 days, furthering an emerging positive trend. Perhaps due to the decreases in list prices, sales increased to nine homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While price reduction from sellers trended higher, the amount of available homes decreased, falling to 11 months worth of inventory, its lowest point since last November. Even after uptick in sales, such a large amount of remaining inventory tells us that the 21541 zip code is still a solid buyer's market.
Comments:

$349K  
21541 is a zip code in Maryland, and is less affluent than average with a median income of $57,615 per household. It's younger than the rest of the state, with a median age of 42. Keep in mind, 21.9% of the homes in the 21541 zip code are owned, while 9.8% are rented.
Comments:

$779K  
Over the last 30 days, the 21541 zip code market was solid with eight homes sold, a 14.3% increase from last week's report. At the same time, the 21550 zip code reported 17 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $359,250, up from last week's $302,500. The 21541 zip code is still a strong buyer's market, due to the availability of 12 months of remaining inventory, even after the uptick in sales.
Comments:

$1.4M  
In this week's report, the number of homes sold in the 21541 zip code market slid to seven over the past 30 days, a decrease of 12.5% from last week's report, but still above the monthly average. Meanwhile, the 21550 zip code reported 16 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 21541 zip code, and for this period the median sales price slid from $315,000 to $302,500. The 21541 zip code is a strong buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:

$139K  
The 21541 zip code market warmed up this week as sales rose 14.3% to hit eight homes sold over the last 30 days. Within the same time frame, the 21550 zip code had 12 sales, the most of all zip codes in the area. The median sales price continued to fall, trending downwards for four weeks to reach $315,000. Even after the uptick in sales, an elevated 13 months of inventory tells us that the 21541 zip code is still a strong buyer's market.
Comments:

$399K  
Sales fell in the 21541 zip code market to seven homes sold over the last 30 days. It's also under an identifiable downward trend in the number of contracts closing, with this week's number falling to seven. The median sales price rose to $290,000, up from last week's $242,500. A downturn in contracts, coupled with the availability of 15 months of inventory, prove that the 21541 zip code is a definite buyer's market.
Comments:
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Railey Realty, Inc.
Snapped 1 home in this area
Coldwell Banker Deep Creek Realty
Snapped 3 homes in this area
Railey Realty, Inc.
Snapped 1 home in this area

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