$3.5M  
In this week's report, the number of homes sold in the 21842 zip code market dropped to 81 over the past 30 days, a decrease of 14.7% from last week's report. In comparison, the nearby 21811 zip code had 48 sales in the same time frame, the most of all neighboring zip codes. Prices were able to climb as this week's reported median sales price of $240,000 continued a four-week upswing. The 21842 zip code is a strong buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$1.6M  
New listings have fallen in the 21842 zip code market, reaching a low that hasn't been seen since last January. They also had a 30-day tally of 93 sales. In comparison, 21811 led all other nearby zip codes with 33 new listings. The median sales price rose to $244,000, up from last week's $240,000. The 21842 zip code is still a definite buyer's market, even after the decrease in new listings, due to the large 10 months of inventory left.
Comments:

$239K  
Over the last 30 days, a determined downward trend of new sellers coming into the 21842 zip code market continued, with 89 listings in this week's report. Meanwhile, sales fell, with 93 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Pricing in the 21842 zip code remains consistent from last week to this week, with the median sales price at $240,000 again. The 21842 zip code is a solid buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

$939K  
21842 is a larger than average zip code in Maryland with 11,113 residents. Also, it has a higher than average density with 1,172.4 people per square mile. The 21842 zip code is an area where 12.2% of the homes are owned, while 4.9% are rented. Heading the list of top schools in the zip code is Ocean City Elementary School.
Comments:

$210K  
With home sales in the 21842 zip code market already below average, in this week's report they slid 7.3% to 102 homes sold over the last 30 days. On the other hand, the close-by 21811 zip code registered 54 homes sold in the same period, the most of all surrounding zip codes. The median sales price of all transactions in the 21842 zip code did not budge this week, remaining at $238,500. The 21842 zip code is a solid buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$399K  
The 21842 zip code market showed gains in this week's report, as the number of sales went up to 107 homes sold over the last 30 days. Within the same time frame, the 21811 zip code had 48 sales, the most of all zip codes in the area. Prices are falling in the 21842 zip code, and this period the median price of all sales fell from $240,000 to $237,000. Even after the uptick in sales, an elevated 10 months of inventory tells us that the 21842 zip code is still a strong buyer's market.
Comments:

$939K  
Over the last 30 days, a new downward trend of new sellers coming into the 21842 zip code market continued, with 101 listings in this week's report. Meanwhile, sales rose, with 102 homes selling during the same period. A months of inventory number of 10 reported this week continued a four-week upward trend, even with the weak number of new listings in the area. Even after uptick in sales, such a large amount of remaining inventory tells us that the 21842 zip code is still a strong buyer's market.
Comments:

$275K  
The number of home sales in the 21842 zip code market climbed 15.1% to 99 homes over the last 30 days, coming close to the 109.8 monthly average for the last 12 months. In comparison, the nearby 21811 zip code had 47 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose to $225,000 over the latest reporting period for the 21842 zip code, up from $224,950. The 21842 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.
Comments:

$105K  
The 21842 zip code market is heading toward a higher price point. While sales continued a three-week negative trend, bringing this week's numbers down to 85 homes sold over the last 30 days, price reductions have slowed to their lowest number since March, with 128 reported this week. In comparison, 21811 led all other nearby zip codes with 77 price reductions. While price reduction numbers were weak, the median sales price of homes sold came in at $224,900, which extended a downward swing in price to eight weeks. In spite of the downturn in price reductions, with prices falling and the availability of 13 months of inventory, the 21842 zip code is still a definite buyer's market.
Comments:

$135K  
With home sales in the 21842 zip code market already below average, in this week's report they dropped 10.4% to 95 homes sold over the last 30 days. Meanwhile, the 21811 zip code reported 55 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 21842 zip code, and the median sales price this period increased from $223,000 to $228,000. The 21842 zip code is a strong buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Comments:
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