New Weakening in Contracts for 20816 Zip Code Real Estate Market

Sales fell in the 20816 zip code market to 17 homes sold over the last 30 days. It's also under a determined downward trend in the number of contracts closing, with this week's number falling to 11. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. Pricing in the 20816 zip code remains consistent from last week to this week, with the median sales price at $850,000 again. In spite of contracts trending lower, there are only two months of inventory available, which signals that the 20816 zip code is a still definite seller's market.

Want a more traditional home in the 20816 zip code? Then start your search with these listings that were built before most others in the market:

$4M   $2.3M   $6M  

Get started right now by checking out 20816 homes for sale or reviewing 20816 real estate trends.

Demographic facts for the 20816 zip code:

  • The population has increased 1.7% over the past decade.
  • The area's lifestyle rating is 80. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 64.1% of all commuters, while carpools account for 6.9%, and public transit makes up 11.7%.

Data reported through 1/11/2017

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