$250K  
The 21654 zip code market reported another 30-day period of zero home sales this week. The 21654 zip code usually averages 2.4 sales per month.
Comments:

$875K  
21654 is a smaller-than-average zip code in Maryland that has seen a 3.5% decrease in population over the last 10 years. It also has a total population of 1,162. With a median age of 43 years, homes in the 21654 zip code tend to be older than most.
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$1.2M  
The 21654 zip code market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for two weeks.
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$4.4M  
The number of sellers who put their homes up for sale in the 21654 zip code market over the last 30 days remained flat this week at four. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price of homes sold came in at $659,000, which extended a price upswing to four weeks. Along with flat sales, a relatively high 38 months of inventory indicates that the 21654 zip code is a solid buyer's market.
Comments:

$389K  
The 21654 zip code market remained slow this week as sales slid 50.0% to land at one home sold over the last 30 days. In comparison, the nearby 21601 zip code had 27 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $659,000, down from last week's $785,500. The 21654 zip code is a definite buyer's market, due to a big 41 months of inventory left and aided by the dip in sales.
Comments:

$2M  
The 21654 zip code market might be slowing in the coming weeks. Sales fell this week to two homes sold over the last 30 days, and there is a new downward trend in the number of new listings, with three going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price remained unchanged over the latest reporting period for the 21654 zip code, coming in at $785,500. The 21654 zip code is a definite buyer's market, thanks to a big 20 months of inventory to choose from and a pullback in sales.
Comments:

$699K  
21654 is a zip code in Maryland. It ranks 177th in affluence with a median income of $77,014 per household, and it's the second-youngest, with a median age of 57. It should be noted that at 53.4%, most people own their homes in the 21654 zip code.
Comments:

$2M  
The number of home sales in the 21654 zip code market climbed 33.3% to four homes over the last 30 days. To put it in perspective, the close-by 21601 zip code registered 30 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $785,500, down from last week's $912,000. The 21654 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.
Comments:

$699K  
In this week's report, the number of homes sold in the 21654 zip code market fell to three over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. On the other hand, the close-by 21601 zip code registered 30 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 21654 zip code, with the median for this period rising from $661,000 to $912,000. With decreasing sales and the availability of 14 months of inventory, the 21654 zip code is a definite buyer's market.
Comments:

$1.2M  
Sales remained steady from last week to this week, with three homes sold in the 21654 zip code market over the last 30 days. However, an established downturn in the number of pending transactions continued, with one completed in the same period. The median sales price in the 21654 zip code stayed put this week at $410,000. With a downward trend in contracts numbers and 14 months of inventory still left to work through, the 21654 zip code is a definite buyer's market.
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Prudential Penfed Realty
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Long & Foster Real Estate, Inc.
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