$472K  
In this week's report, the number of homes sold in the 20659 zip code market slid to 11 over the past 30 days, a decrease of 8.3% from last week's report. Meanwhile, the 20646 zip code reported 17 home sales, the highest number from all the surrounding zip codes. Months of inventory is on a four-week upswing, this week hitting eight months. With decreasing sales and the availability of so much inventory, the 20659 zip code is a definite buyer's market.
Comments:

$105K  
The 20659 zip code market may be experiencing a determined pullback, but sales managed an uptick this week of 50.0% to 12 homes sold over the last 30 days. As sales trended down, prices also took a turn lower, with the median sales price falling to a nine-month low at $242,499. The 20659 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
Comments:

$314K  
The 20659 zip code market remained soft with eight homes sold in the last 30 days, a 33.3% sales drop. Meanwhile, the 20646 zip code reported 11 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 20659 zip code, and this period the median price of all sales fell from $268,500 to $251,000. The 20659 zip code is a strong buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

$159K  
The 20659 zip code is older than the rest of Maryland, with a median age of 38. It's somewhat affluent as well, with a median income of $74,463 per household. The 20659 zip code market almost exclusively consists of detached houses, accounting for 98% of the current homes in the area. Leading the list of top schools in the zip code are Mechanicsville Elementary School and Margaret Brent Middle School.
Comments:

$275K  
With a budding downward trend of new sellers listing homes, including 14 over the last 30 days, and sales that fell to 11 in that same time frame, the 20659 zip code market will be slowing. The median sales price dropped to $270,000 over the latest reporting period for the 20659 zip code, down from $334,000. With decreasing sales and the availability of eight months of inventory, the 20659 zip code is a definite buyer's market.
Comments:

$749K  
Home sales in the 20659 zip code market stayed soft in this week's report as they dropped 39.1% to 14 homes sold over the last 30 days. Meanwhile, the 20646 zip code reported 22 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 20659 zip code, with the median for this period rising from $277,500 to $364,250.
Comments:

$105K  
Home sales in the 20659 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 25.8% to 23 homes sold over the last 30 days. Meanwhile, the 20646 zip code reported 23 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $277,500, extending a four-week long spiral.
Comments:

$949K  
A three-week positive trend in the number of homes sold was extended this week after the 20659 zip code market added another 30 transactions over the last 30 days. With 24 price reductions, the lowest amount since last January, the market may be finding a price bottom. In comparison, the 20646 zip code had 22 price reductions in the same time frame, the most of all nearby zip codes. Potential buyers should note that prices are coming down in the 20659 zip code, and for this period the median sales price slid from $277,500 to $276,200. With sales trending lower and only three months of inventory, the 20659 zip code is a seller's market.
Comments:

$318K  
The 20659 zip code market slowed with a 2.9% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (24.9) with 34 homes sold. Meanwhile, the 20646 zip code reported 20 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 20659 zip code, with the median for this period rising from $259,900 to $276,200. Despite the slip in sales, a relatively low three months of inventory indicates that the 20659 zip code is a seller's market.
Comments:

$949K  
The 20659 zip code has one of the fastest growing populations in Maryland with a 14.2% increase over the last 10 years. Despite being ranked first for growth, it's currently only ranked 108th in terms of total population with 23,569 residents. The 20659 zip code is made up of homes that are considered of moderate age with a median of 24 years. Leading the list of top schools in the zip code are Mechanicsville Elementary School and Margaret Brent Middle School.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
RE/MAX United Real Estate
65 reviews
Snapped 1 home in this area
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
3 snaps in this area
4 snaps in this area
4 snaps in this area
8 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
2 snaps in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.