$349K  
The Preston market extended a three-week hot streak this week, even as sales remained flat at two homes sold over the last 30 days. The median sales price dropped dramatically to $131,000 over the latest reporting period for Preston, down from $223,250.
Comments:

$164K  
The Preston market saw sales remain at two homes sold over the last 30 days, with a determined upward trend of new listings, as three came into the market in the same time frame. The median sales price in Preston stayed put this week at $223,250.
Comments:

The population of Preston is growing faster than the rest of Maryland, at a 10-year growth rate of 9.3%. It's a smaller-than-average city compared to the rest of the state, with 719 residents. With a median age of 36 years, homes in Preston tend to be relatively old. Heading the list of top schools in the city is Preston Elementary School.
Comments:

$164K  
Over the last 30 days, an emerging upward trend of new sellers coming into the Preston market continued, with three listings in this week's report. Meanwhile, sales remained flat, with two homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $223,250 this week.
Comments:

$160K  
Over the last 30 days, the Preston market showed strong improvement with one home sold, topping the average sales volume for the prior 12 months. At the same time, close-by Cambridge reported 22 home sales, the highest number from all the surrounding cities. Preston 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:

$129K  
Sellers in Preston weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Preston usually averages 0.9 sales per month.
Comments:

$129K  
Sellers in Preston weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Preston usually averages 1.0 sales per month.
Comments:

$129K  
Preston is much older than the rest of Maryland, with a median age of 35. It's less affluent than average as well, with a median income of $54,037 per household. The Preston market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the city is Preston Elementary School.
Comments:

$349K  
Yet again, no deals were completed in the Preston market over the last 30 days. Preston is used to having 1.0 sales per month.
Comments:

$129K  
Typically, Preston accounts for 1.0 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks.
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