$369K  
The Chestertown market broke below its 12-month average sales volume this week as sales tumbled 66.7% to hit two homes sold over the last 30 days. Meanwhile, close-by Edgewood reported 23 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $271,250, down from last week's $305,500. With decreasing sales and the availability of 27 months of inventory, Chestertown is a strong buyer's market.
Comments:

$299K  
Sales stayed firm at six homes sold over the last 30 days in the Chestertown market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to five for the same period. As new listings trended lower, months of inventory continued to fall, trending downwards for four weeks to reach nine months. Along with the slip in sales, the higher-than-normal inventory indicates that Chestertown is a strong buyer's market.
Comments:

$369K  
In this week's report, the number of homes sold in the Chestertown market tumbled to six over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. Meanwhile, close-by Edgewood reported 26 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Chestertown, with the median for this period rising from $302,500 to $305,500. Along with the slip in sales, a relatively high nine months of inventory indicates that Chestertown is a strong buyer's market.
Comments:

$320K  
The Chestertown market looked busy in this week's report, as the number of home sales rose 14.3%, pushing the total to eight homes sold over the last 30 days. Within the same time frame, Edgewood had 30 sales, the most of all cities in the area. The median sales price climbed to $302,500 over the latest reporting period for Chestertown, up from $285,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Chestertown is still a solid buyer's market.
Comments:

$442K  
Chestertown is a city that is growing faster than others in Maryland at a 10-year growth rate of 10.5%. It also has a larger than average population of 5,252 people. Chestertown is made up of homes that are considered relatively old with a median of 36 years. Topping the list of best schools in the city is H. H. Garnett Elementary School.
Comments:

$126K  
Despite a 40.0% growth in sales numbers this week to reach seven homes sold over the last 30 days, the Chestertown market still shows a solid trend downward overall. Prices are rising in Chestertown, and the median sales price this period increased from $190,000 to $285,000. Even after the uptick in sales, an elevated eight months of inventory tells us that Chestertown is still a definite buyer's market.
Comments:

$442K  
Sales remained steady from last week to this week, with five homes sold in the Chestertown market over the last 30 days. However, an established downturn in the number of pending transactions continued, with four completed in the same period. Prices are falling in Chestertown, and this period the median price of all sales fell from $257,500 to $190,000. Chestertown is a solid buyer's market with 11 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$164K  
The number of home sales in the Chestertown market rose 25.0% to five homes over the last 30 days, coming close to the 5.8 monthly average for the last 12 months. Within the same time frame, Edgewood had 26 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Chestertown, and for this period the median sales price slid from $257,750 to $257,500. Even after the uptick in sales, an elevated 11 months of inventory tells us that Chestertown is still a definite buyer's market.
Comments:

$126K  
A three-week rough patch for the overall sales trend continues in the Chestertown market, with number of sales staying even at four over the last 30 days. Pricing in Chestertown remains consistent from last week to this week, with the median sales price at $257,750 again. Chestertown is a definite buyer's market with 14 months of inventory to choose from, aided by the downturn in sales.
Comments:

$442K  
Chestertown is a much less affluent than average city in Maryland with a median income of $45,680 per household. The population is also considered much older than most with a median age of 34 years. Keep in mind, 40.1% of the homes in Chestertown are owned, while 43.3% are rented. The top school in the city is H. H. Garnett Elementary School.
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