With one home sold in the 21766 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. Pricing in the 21766 zip code remains consistent from last week to this week, with the median sales price at $40,000 again. There is only one month of inventory available in the 21766 zip code, so it's a definite seller's market, even if sales are flat.
Comments:

Over the last 30 days, a confirmed upward trend of new sellers coming into the 21766 zip code market continued, with zero listings in this week's report. Meanwhile, sales have dropped, with one home selling during the same period. Prices are rising in the 21766 zip code, and the median sales price this period increased from $37,500 to $40,000. In spite of the decrease in sales, a low one month of inventory signals that the 21766 zip code is a strong seller's market.
Comments:

The 21766 zip code market is enjoying an extended upward trend, even as sales fell to two homes over the last 30 days. The median sales price dropped to $37,500 over the latest reporting period for the 21766 zip code, down from $40,000.
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The 21766 zip code is much younger than the rest of Maryland, with a median age of 47. It's much less affluent than average as well, with a median income of $42,494 per household. The 21766 zip code market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.
Comments:

The 21766 zip code market got a lift this week as sales rose to three homes sold over the last 30 days to go with a solid upward trend of contracts closing, now up to one. The median sales price dropped dramatically to $40,000, down from last week's $212,500.
Comments:

$105K  
The number of price cuts in the 21766 zip code market climbed to zero over the last 30 days, furthering a new positive trend. Even with the drops in list prices, sales remained the same with two homes sold. Pricing in the 21766 zip code remains consistent from last week to this week, with the median sales price at $212,500 again. In spite of flat sales, a low two months of inventory signals that the 21766 zip code is a definite seller's market.
Comments:

$105K  
The 21766 zip code market warmed up this week and remained above its average as sales rose 100.0% to reach two homes sold over the last 30 days. To put it in perspective, the close-by 25411 zip code registered 16 homes sold in the same period, the most of all surrounding zip codes. Months of inventory were further reduced to one, extending a downward trend to four weeks. The rise in sales and low inventory point to the 21766 zip code being a definite seller's market.
Comments:

$349K  
The 21766 zip code market got a lift this week as sales rose to one home sold over the last 30 days to go with a new upward trend of contracts closing, now up to one. With just two months of inventory available and contracts going up, the 21766 zip code is a solid seller's market.
Comments:

$105K  
With 696 residents, 21766 is a small zip code in Maryland. Also, with a 3.4% increase over the last 10 years, its population is growing slower than other parts of the state. The 21766 zip code is made up of homes that are considered relatively old with a median of 28 years.
Comments:

$105K  
Sellers in the 21766 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 21766 zip code usually averages 0.4 sales per month.
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