$1.8M  
On top of a pronounced downward trend in sellers reducing price, including two markdowns over the last 30 days, sales in the 21663 zip code market fell to six over the same stretch of time. Potential buyers should note that prices are coming down in the 21663 zip code, and for this period the median sales price slid from $265,000 to $244,000. The 21663 zip code is a solid buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
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$1.8M  
In this week's report, the number of homes sold in the 21663 zip code market dropped to nine over the past 30 days, a decrease of 10.0% from last week's report, but still above the monthly average. On the other hand, the close-by 21601 zip code registered 23 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 21663 zip code, and this period the median price of all sales fell from $367,000 to $265,000. With decreasing sales and the availability of seven months of inventory, the 21663 zip code is a solid buyer's market.
Comments:

$115K  
The 21663 zip code market looked very active in this week's report, as the number of home sales jumped 25.0%, pushing the total to 10 homes sold over the last 30 days. Within the same time frame, the 21601 zip code had 31 sales, the most of all zip codes in the area. Prices fell lower as this week's reported median sales price of $367,000 continued a four-week downward trend. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning the 21663 zip code is still a definite buyer's market.
Comments:

$649K  
The population of the 21663 zip code ranks as the third-youngest in Maryland with a median age of 57 years. It is also considered less affluent than average with a median income of $61,219 per household. The 21663 zip code market primarily consists of detached houses, accounting for 76% of the current homes in the area. Heading the list of top schools in the zip code is St. Michaels Middle/High School.
Comments:

$115K  
A three-week rough patch for the overall sales trend continues in the 21663 zip code market, with number of sales staying even at eight over the last 30 days. Potential buyers should note that prices went up in the 21663 zip code, with the median for this period rising from $345,500 to $367,000. A downturn in sales, coupled with the availability of nine months of inventory, prove that the 21663 zip code is a strong buyer's market.
Comments:

$4M  
The number of home sales in the 21663 zip code market rocketed 33.3% to eight homes over the last 30 days, exceeding the 7.5 monthly average for the last 12 months. At the same time, the 21601 zip code reported 26 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 21663 zip code, and for this period the median sales price slid from $366,000 to $345,500. The 21663 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of 10 months of remaining inventory.
Comments:

$1.8M  
Over the last 30 days, the 21663 zip code market had a decrease in home sales with six. Furthermore, the amount of pending transactions continued to decline, with a total of four contracts during the same period. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price dropped to $366,000 over the latest reporting period for the 21663 zip code, down from $392,000. The 21663 zip code is a definite buyer's market, due to a downward trend in contracts numbers and 13 months of inventory remaining.
Comments:

$4M  
This week in the 21663 zip code market, sales fell to seven homes sold over the last 30 days, coinciding with a new downward trend in price reductions, with 10 in the same time frame. Potential buyers should note that prices are coming down in the 21663 zip code, and for this period the median sales price slid from $416,000 to $392,000. With decreasing sales and the availability of 12 months of inventory, the 21663 zip code is a solid buyer's market.
Comments:

$245K  
While home sales in the 21663 zip code market have been above average, in this week's report they slid 23.1% to 10 homes sold over the last 30 days. On the other hand, the close-by 21601 zip code registered 26 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 21663 zip code, and this period the median price of all sales fell from $850,000 to $416,000. Along with the slip in sales, a relatively high eight months of inventory indicates that the 21663 zip code is a strong buyer's market.
Comments:

$850K  
21663 is an average-sized zip code in Maryland with 3,521 residents. Also, it has a lower than average density with 248.0 people per square mile. With an ownership ratio of 55.5%, most people in the 21663 zip code are homeowners. The top school in the zip code is St. Michaels Middle/High School.
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