$279K  
With two homes sold in the St. Michaels market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price in St. Michaels stayed put this week at $773,750. St. Michaels is a definite buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

$850K  
Fewer sellers put their homes up for sale in the St. Michaels market over the last 30 days and the number of new listings tumbled this week to one. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price remained unchanged over the latest reporting period for St. Michaels, coming in at $773,750. St. Michaels is a definite buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

$570K  
Over the last 30 days, the St. Michaels market had a decrease in home sales with two. Furthermore, the amount of pending transactions continued to decline, with a total of two contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in St. Michaels, with the median for this period rising from $406,250 to $773,750. A downturn in contracts, coupled with the availability of 14 months of inventory, prove that St. Michaels is a solid buyer's market.
Comments:

$850K  
St. Michaels is a smaller-than-average city in Maryland with 1,029 residents. Also, it has an average density with 895.7 people per square mile. St. Michaels is an area where 42.2% of the homes are owned, while 29.4% are rented. The top school in the city is St. Michaels Middle/High School.
Comments:

$570K  
Over the last 30 days, the St. Michaels market showed strong improvement with four homes sold. It marks a 100.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, Easton had 15 sales, the most of all cities in the area. The median sales price rose dramatically to $406,250 over the latest reporting period for St. Michaels, up from $242,500. St. Michaels is still a strong buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
Comments:

$679K  
The St. Michaels market slowed with a 33.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 2.9 monthly average with two homes sold. Meanwhile, close-by Easton reported 13 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $242,500 over the latest reporting period for St. Michaels, down from $275,000. Along with the slip in sales, a relatively high 20 months of inventory indicates that St. Michaels is a strong buyer's market.
Comments:

$570K  
With an established downward trend in sellers reducing price, including two markdowns over the last 30 days, sales in the St. Michaels market remained the same with three over the same stretch of time. The median sales price of all transactions in St. Michaels did not budge this week, remaining at $275,000. St. Michaels is a definite buyer's market, due to a big 13 months of inventory left and aided by the flat sales.
Comments:

$679K  
The number of home sales in the St. Michaels market rose 200.0% to three homes over the last 30 days, exceeding the 2.9 monthly average for the last 12 months. Within the same time frame, Easton had 15 sales, the most of all cities in the area. Prices are falling in St. Michaels, and this period the median price of all sales fell from $525,000 to $275,000. St. Michaels is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 13 months of remaining inventory.
Comments:

$649K  
Fewer sellers put their homes up for sale in the St. Michaels market over the last 30 days and the number of new listings shrank this week to one. Home sales remained unchanged from the prior period and once again one home was sold. Pricing in St. Michaels remains consistent from last week to this week, with the median sales price at $525,000 again. With no movement in sales and the availability of 44 months of inventory, St. Michaels is a definite buyer's market.
Comments:

$850K  
St. Michaels is a small city in Maryland with a median income of $43,534 per household. Besides being much less affluent than average, its population is much younger than others with a median age of 50 years. Detached homes account for 66% of the area's current housing market. The best school in the city is St. Michaels Middle/High School.
Comments:
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