$797K  
The 21541 zip code market will be less intense in the coming weeks. Sales rose this week to six homes sold over the last 30 days, and there is a determined downward trend in the number of new listings, with 20 going live in the same time frame. The median sales price jumped to $510,000 over the latest reporting period for the 21541 zip code, up from $315,000. Even after the uptick in sales, an elevated 39 months of inventory tells us that the 21541 zip code is still a solid buyer's market.
Comments:

$3M  
The 21541 zip code market slowed with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 10.0 monthly average with five homes sold. On the other hand, the close-by 21550 zip code registered 19 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 21541 zip code, and the median sales price this period increased from $245,077 to $315,000. The 21541 zip code is a solid buyer's market, due to a big 47 months of inventory left and aided by the dip in sales.
Comments:

21541 is a less affluent than average zip code in Maryland with a median income of $57,615 per household. The population is also considered younger than most with a median age of 42 years. The 21541 zip code has an home ownership ratio of 21.9% and a renting ratio of 9.8%.
Comments:

$900K  
The number of homes coming into the 21541 zip code market spiked to 27 listings over the last 30 days, while sales remained right where they were as once again 10 homes were sold over the same period. The median sales price dropped to $245,077, down from last week's $315,000. The 21541 zip code is a definite buyer's market, thanks to a big 23 months of inventory to choose from and the flat sales.
Comments:

$1.2M  
Over the last 30 days, an emerging downward trend of new sellers coming into the 21541 zip code market continued, with 20 listings in this week's report. Meanwhile, sales ticked up, with nine homes selling during the same period. Potential buyers should note that prices went up in the 21541 zip code, with the median for this period rising from $245,077 to $315,000. The 21541 zip code is still a solid buyer's market, due to the availability of 25 months of remaining inventory, even after the uptick in sales.
Comments:

$585K  
The 21541 zip code market slowed with a 30.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 9.9 monthly average with seven homes sold. Within the same time frame, the 21550 zip code had 19 sales, the most of all zip codes in the area. The median sales price dropped to $315,000 over the latest reporting period for the 21541 zip code, down from $368,750. The 21541 zip code is a solid buyer's market, due to a big 32 months of inventory left and aided by the dip in sales.
Comments:

$1.2M  
The 21541 zip code market closed in on its 12-month sales average this week as sales rose 28.6% to reach nine homes sold over the last 30 days. In comparison, the nearby 21550 zip code had 18 sales in the same time frame, the most of all neighboring zip codes. The median sales price tumbled to $327,500 over the latest reporting period for the 21541 zip code, down from $410,000. Despite the uptick in sales, there are still 25 months of inventory left to work through, meaning the 21541 zip code is still a definite buyer's market.
Comments:

The population of the 21541 zip code is growing slower than the rest of Maryland, at a 10-year growth rate of 11.2%. It's a smaller-than-average zip code compared to the rest of the state, with 1,298 residents. The 21541 zip code is made up of homes that are relatively old with a median of 25 years.
Comments:

$1.2M  
Sales in the 21541 zip code market remained flat at six homes sold over the last 30 days, while the number of sellers reducing their list prices reached 13, which continues a determined upward trend in price reductions. While the number of price reductions trended higher, months of inventory is on a four-week upswing, this week hitting 36 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:

$3M  
The 21541 zip code market stayed soft with six homes sold in the last 30 days, a 14.3% sales drop. On the other hand, the close-by 21550 zip code registered 19 homes sold in the same period, the most of all surrounding zip codes. The median sales price continued to rise, trending upwards for four weeks to reach $435,000. The 21541 zip code is a definite buyer's market, due to a big 35 months of inventory left and aided by the dip in sales.
Comments:
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