$570K  
With an established downward trend in sellers reducing price, including two markdowns over the last 30 days, sales in the St. Michaels market remained the same with three over the same stretch of time. The median sales price of all transactions in St. Michaels did not budge this week, remaining at $275,000. St. Michaels is a definite buyer's market, due to a big 13 months of inventory left and aided by the flat sales.
Comments:

$679K  
The number of home sales in the St. Michaels market rose 200.0% to three homes over the last 30 days, exceeding the 2.9 monthly average for the last 12 months. Within the same time frame, Easton had 15 sales, the most of all cities in the area. Prices are falling in St. Michaels, and this period the median price of all sales fell from $525,000 to $275,000. St. Michaels is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 13 months of remaining inventory.
Comments:

$649K  
Fewer sellers put their homes up for sale in the St. Michaels market over the last 30 days and the number of new listings shrank this week to one. Home sales remained unchanged from the prior period and once again one home was sold. Pricing in St. Michaels remains consistent from last week to this week, with the median sales price at $525,000 again. With no movement in sales and the availability of 44 months of inventory, St. Michaels is a definite buyer's market.
Comments:

$850K  
St. Michaels is a small city in Maryland with a median income of $43,534 per household. Besides being much less affluent than average, its population is much younger than others with a median age of 50 years. Detached homes account for 66% of the area's current housing market. The best school in the city is St. Michaels Middle/High School.
Comments:

$115K  
Sales in the St. Michaels market hit their lowest level since September. For the prior 30-day period, there was one home sold, a decrease of 50.0%. During the same time frame, Easton had the most of any other neighboring municipalities with 21 sales. Furthermore, a three-week downward trend in price reductions is expected to continue over the coming weeks. Of course, as sales found a bottom, months of inventory continued to climb, hitting a three-month high at 44 months. St. Michaels is still a definite buyer's market, due to the downward trend in sales numbers and the large amount of inventory.
Comments:

$800K  
Home sales in the St. Michaels market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 33.3% to two homes sold over the last 30 days. On the other hand, close-by Easton registered 17 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in St. Michaels, and the median sales price this period increased from $340,000 to $342,000. St. Michaels is a definite buyer's market, thanks to a big 22 months of inventory to choose from and a pullback in sales.
Comments:

$585K  
The St. Michaels market slowed with a 25.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (2.9) with three homes sold. In comparison, nearby Easton had 17 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $340,000, down from last week's $366,000. St. Michaels is a definite buyer's market, thanks to a big 15 months of inventory to choose from and a pullback in sales.
Comments:

$3M  
The St. Michaels market is tightening. Sales continued a five-week positive trend, bringing this week's numbers up to four homes sold over the last 30 days, and price reductions are now occurring at their lowest levels since March, with two reported this week. In comparison, Shady Side had seven price reductions in the same time frame, the most of all nearby cities. The median sales price rose to $366,000 over the latest reporting period for St. Michaels, up from $340,000. St. Michaels is still a strong buyer's market, even after the decrease in price reductions, due to the large 12 months of inventory left.
Comments:

$3M  
The St. Michaels market showed continued strength over the last 30 days, extending a four-week growth trend. Sales rose 66.7% to five homes, the most in three months. When comparing other close-by municipalities within the same period, the most came from Easton with 18 sales. The amount of available homes slid to 10 months worth, a three-month low, likely depleted as sales hit a plateau. Even with the rising sales, the large amount of remaining inventory tells us that St. Michaels is still a definite buyer's market.
Comments:

$850K  
St. Michaels is a smaller-than-average city in Maryland with a population of 1,029 residents, and it has an average density compared to the rest of the state, with 895.7 people per square mile. It should be noted that 42.2% of the homes in St. Michaels are owned, while 29.4% are rentals. The top school in the city is St. Michaels Middle/High School.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Keller Williams Capital Properties
Snapped 1 home in this area
Keller Williams Realty Centre
Snapped 1 home in this area
Snapped 4 homes in this area

Agents that specialize in this area
1 snap in this area
4 snaps in this area
2 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
2 snaps in this area
1 snap in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.