$149K  
Despite a 50.0% increase in sales numbers this week to reach six homes sold over the last 30 days, the 21661 zip code market still shows an emerging trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price dropped to $169,500, down from last week's $233,000. Even after the uptick in sales, an elevated 14 months of inventory tells us that the 21661 zip code is still a solid buyer's market.
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$499K  
The 21661 zip code market remained cold this week as sales dropped 40.0% to land at three homes sold over the last 30 days. Meanwhile, the 21122 zip code reported 91 home sales, the highest number from all the surrounding zip codes. Pricing in the 21661 zip code remains consistent from last week to this week, with the median sales price at $256,000 again. The 21661 zip code is a strong buyer's market, thanks to a big 27 months of inventory to choose from and a pullback in sales.
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The population of the 21661 zip code is much less affluent than average compared to others in Maryland with a median income of $42,856 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 106.0. With a median age of 44 years, homes in the 21661 zip code tend to be older than most.
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$5M  
In this week's report, the number of homes sold in the 21661 zip code market slid to five over the past 30 days. It marked a decrease of 16.7% from last week's report and another period below the monthly average. On the other hand, the close-by 21122 zip code registered 90 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 21661 zip code, with the median for this period rising from $158,000 to $256,000. The 21661 zip code is a solid buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
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$298K  
With a long upward trend of new sellers listing homes, including 16 over the last 30 days, and sales that have fallen to six in that same time frame, the 21661 zip code market will be more selective. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are rising in the 21661 zip code, and the median sales price this period increased from $155,000 to $158,000. With decreasing sales and the availability of 12 months of inventory, the 21661 zip code is a solid buyer's market.
Comments:

$640K  
With seven homes sold in the 21661 zip code market over the last 30 days, we see no change from last week's numbers. However, 18 new listings came into the market. The median sales price dropped to $155,000 over the latest reporting period for the 21661 zip code, down from $161,000. With no movement in sales and the availability of 10 months of inventory, the 21661 zip code is a definite buyer's market.
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$5M  
The 21661 zip code market took a breather this week as sales fell to seven homes sold over the last 30 days. However, the number of homes under contract shows a determined upward trend, and is now at seven. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. While contracts were solid, months of inventory were further reduced to 10, extending a downward trend to four weeks. Along with the slip in sales, the higher-than-normal inventory indicates that the 21661 zip code is a solid buyer's market.
Comments:

$5M  
Over the last 30 days, the sale of eight homes took place in the 21661 zip code market and, even though it's the same amount as last week, the area continues an emerging upward trend. Potential buyers should note that prices went up in the 21661 zip code, with the median for this period rising from $115,813 to $140,000. Along with flat sales, a relatively high eight months of inventory indicates that the 21661 zip code is a strong buyer's market.
Comments:

$5M  
21661 is a smaller-than-average zip code in Maryland with 2,653 residents. Also, it has seen a 3.6% decrease in population over the last 10 years. Keep in mind, most people in the 21661 zip code own their homes, with a 52.9% ownership ratio.
Comments:

$129K  
While home sales in the 21661 zip code market have been above average, in this week's report they slid 20.0% to eight homes sold over the last 30 days. Within the same time frame, the 21122 zip code had 58 sales, the most of all zip codes in the area. Prices fell lower as this week's reported median sales price of $115,813 continued a four-week downward trend. Along with the falling prices, the relatively large eight months of inventory means that the 21661 zip code is a strong buyer's market.
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