$369K  
Home sales rose to eight homes sold over the last 30 days, providing a boost to the 21541 zip code market. That may continue, due to a three-week upward trend for contracts, with 11 in the same time frame. The median sales price dropped to $312,500 over the latest reporting period for the 21541 zip code, down from $325,000. The 21541 zip code is a still definite buyer's market, in spite of the rising contracts numbers, due to the availability of 10 months of remaining inventory.
Comments:

$1.4M  
21541 is a zip code that is growing slower than others in Maryland at a 10-year growth rate of 11.2%. It also has a smaller-than-average population of 1,298 people. The 21541 zip code is made up of homes that are relatively old with a median of 25 years.
Comments:

$1.4M  
The number of price cuts in the 21541 zip code market climbed to five over the last 30 days, furthering an emerging positive trend. Perhaps due to the decreases in list prices, sales increased to six homes sold. While the number of price reductions trended higher, months of inventory is on a four-week upswing, this week hitting 13 months. Even after uptick in sales, such a large amount of remaining inventory tells us that the 21541 zip code is still a strong buyer's market.
Comments:

$149K  
The 21541 zip code market may be experiencing an extended pullback but sales stood their ground this week at five homes sold over the last 30 days. The median sales price dropped to $365,000, down from last week's $445,000. The 21541 zip code is a definite buyer's market with 16 months of inventory to choose from, aided by the downturn in sales.
Comments:

$1.4M  
The 21541 zip code market showed improvement this week as sales rose 25.0% to hit five homes sold over the last 30 days. At the same time, the 21550 zip code reported 14 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $445,000 over the latest reporting period for the 21541 zip code, down from $460,000. The 21541 zip code is still a definite buyer's market, due to the availability of 16 months of remaining inventory, even after the uptick in sales.
Comments:

$1.4M  
The 21541 zip code market remained cool this week as sales fell 33.3% to land at four homes sold over the last 30 days. Within the same time frame, the 21550 zip code had 14 sales, the most of all zip codes in the area. Prices are rising in the 21541 zip code, and the median sales price this period increased from $379,500 to $460,000. Along with the slip in sales, a relatively high 20 months of inventory indicates that the 21541 zip code is a definite buyer's market.
Comments:

$479K  
Sales fell in the 21541 zip code market to six homes sold over the last 30 days. It's also under a solid downward trend in the number of contracts closing, with this week's number falling to five. The median sales price remained unchanged over the latest reporting period for the 21541 zip code, coming in at $379,500. With a downward trend in contracts numbers and 14 months of inventory still left to work through, the 21541 zip code is a strong buyer's market.
Comments:

$400K  
The 21541 zip code has a population that is younger than most in Maryland with a median age of 42 years. Also, it's less affluent than average with a median income of $57,615 per household. The 21541 zip code is an area where 21.9% of the homes are owned, while 9.8% are rented.
Comments:

$269K  
This week in the 21541 zip code market, sales dropped to eight homes sold over the last 30 days, coinciding with an established downward trend in price reductions, with five in the same time frame. The median sales price rose dramatically to $379,500, up from last week's $289,250. With decreasing sales and the availability of 11 months of inventory, the 21541 zip code is a strong buyer's market.
Comments:

$349K  
The 21541 zip code market pulled back with a 7.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (7.3) with 13 homes sold. Within the same time frame, the 21550 zip code had 15 sales, the most of all zip codes in the area. Months of inventory continued a steady fall, trending downwards for eight weeks to reach seven months. The 21541 zip code is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:
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Railey Realty, Inc.
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Coldwell Banker Deep Creek Realty
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Railey Realty, Inc.
Snapped 1 home in this area

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