The Secretary market showed gains in this week's report, as the number of sales went up to one home sold over the last 30 days. At the same time, close-by Easton reported 32 home sales, the highest number from all the surrounding cities.
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No deals were completed in the Secretary market over the last 30 days. Secretary usually averages 0.4 sales per month.
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Secretary is a smaller-than-average city in Maryland with a population of 535 residents, and it has a higher than average density compared to the rest of the state, with 2,043.7 people per square mile. With an ownership ratio of 69.7%, most people in Secretary are homeowners.
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The Secretary market was quiet this week as no sales were reported over the previous 30 days. Secretary usually averages 0.4 sales per month.
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$115K  
The Secretary market saw sales remain flat this week with two homes sold over the last 30 days and new listings also remain flat at one. Pricing in Secretary remains consistent from last week to this week, with the median sales price at $87,500 again. With only one month of inventory to sell, Secretary is a definite seller's market, in spite of the flat sales.
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With an emerging upward trend of new sellers listing homes, including one over the last 30 days, and sales that remained the same at two in that same time frame, the Secretary market will be steady. The median sales price remained unchanged over the latest reporting period for Secretary, coming in at $87,500. There is only one month of inventory available in Secretary, so it's a solid seller's market, even if sales are flat.
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The Secretary market extended a six-week hot streak this week, even as sales remained flat at two homes sold over the last 30 days. As sales trended higher, the median sales price climbed with it, trending upwards for eight weeks to reach $87,500. With only one month of inventory to sell, Secretary is a definite seller's market, in spite of the flat sales.
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$159K  
Over the last 30 days, the Secretary market was solid with two homes sold. Within the same time frame, Easton had 21 sales, the most of all cities in the area. Months of inventory continued a steady rise, trending upwards for four weeks to reach two months. The increase in sales and the low inventory drive home the fact that Secretary is a definite seller's market.
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The population of Secretary is less affluent than average compared to others in Maryland with a median income of $53,869 per household. It's also considered a less expensive city in terms of affordability with a cost of living adjustment score of 102.6. With a median age of 28 years, homes in Secretary tend to be relatively old.
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Sellers in Secretary weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Secretary usually averages 0.2 sales per month.
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