$249K  
The Berlin market broke below its 12-month average sales volume this week as sales dropped 44.4% to hit five homes sold over the last 30 days. Meanwhile, close-by Ocean City reported 80 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Berlin, and for this period the median sales price slid from $169,900 to $163,000. There are only three months of inventory available in Berlin, so it's a seller's market, even with the decrease in sales.
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$187K  
The Berlin market slowed with a 10.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (5.5) with nine homes sold. In comparison, nearby Ocean City had 88 sales in the same time frame, the most of all neighboring cities. Prices took a turn lower, with the median sales price falling to a six-month low at $169,900. In spite of the falling prices, a low two months of inventory signals that Berlin is still a definite seller's market.
Comments:

$324K  
The Berlin market looked healthy in this week's report, as the number of home sales climbed 12.5%, pushing the total to nine homes sold over the last 30 days. Within the same time frame, Ocean City had 97 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Berlin, and for this period the median sales price slid from $209,950 to $200,000. With just two months of inventory available and sales going up, Berlin is a definite seller's market.
Comments:

$489K  
The Berlin market looked active this week as sales rocketed 33.3% to hit eight homes sold over the last 30 days. In comparison, nearby Ocean City had 103 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $209,950, down from last week's $232,000. The rising sales and a low two months of inventory point to Berlin being a solid seller's market.
Comments:

$489K  
Berlin has a population that is older than most in Maryland with a median age of 38 years. Also, it's much less affluent than average with a median income of $42,322 per household. Keep in mind, most people in Berlin own their homes, with a 51.1% ownership ratio. Leading the list of best schools in the city are Showell Elementary School and Stephen Decatur Middle School.
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$399K  
More sellers put their homes up for sale in the Berlin market over the last 30 days and the number of new listings rose this week to five. Home sales remained unchanged from the prior period and once again six homes were sold. Prices are rising in Berlin, and the median sales price this period increased from $214,612 to $232,000. With only three months of inventory to sell, Berlin is a seller's market, in spite of the flat sales.
Comments:

$489K  
The number of sellers who put their homes up for sale in the Berlin market over the last 30 days remained flat this week at three. Home sales also remained unchanged from the prior period and once again six homes were sold. The median sales price climbed to $214,612, up from last week's $185,712. In spite of flat sales, a low three months of inventory signals that Berlin is a seller's market.
Comments:

$229K  
The Berlin market pulled back this week but was still better than normal as sales dropped 14.3% to six homes sold over the last 30 days. Meanwhile, close-by Ocean City reported 110 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $185,712, extending a four-week long spiral. Despite the falling prices, a relatively low three months of inventory indicates that Berlin is still a seller's market.
Comments:

$349K  
On top of an extended downward trend in sellers reducing price, including five markdowns over the last 30 days, sales in the Berlin market fell to seven over the same stretch of time. The median sales price climbed to $205,000 over the latest reporting period for Berlin, up from $194,750. There are only two months of inventory available in Berlin, so it's a solid seller's market, even with the decrease in sales.
Comments:

$489K  
With 4,485 residents, Berlin is a larger than average city in Maryland. Also, with a 13.0% increase over the last 10 years, its population is growing faster than other parts of the state. The Berlin market is primarily made up of detached houses, which currently account for 82% of the homes for sale in the area. Leading the list of top schools in the city are Showell Elementary School and Stephen Decatur Middle School.
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