$144K  
Over the last 30 days, three homes were sold in the 21722 zip code market, down 25.0%. Additionally, the market is still in an established downward trend overall. The median sales price jumped to $389,000, up from last week's $269,500. A downturn in sales, coupled with the availability of 12 months of inventory, prove that the 21722 zip code is a strong buyer's market.
Comments:

$479K  
Sales retained their current pace and came in at four homes sold in the 21722 zip code market over the last 30 days. However, a six-week upward trend for contracts was extended, with seven pending transactions in the same time frame. Pending transactions numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. While contracts numbers were strong, the median sales price of those homes came in at $269,500, which extended a price upswing to four weeks. The 21722 zip code is a definite buyer's market, due to a big 10 months of inventory left and aided by the flat sales.
Comments:

$300K  
The 21722 zip code market got positive news in this week's report, as the number of sales went up to four homes sold over the last 30 days. To put it in perspective, the close-by 21740 zip code registered 66 homes sold in the same period, the most of all surrounding zip codes. Months of inventory is on a four-week upswing, this week hitting nine months. The 21722 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

With 5,529 residents, 21722 is an average-sized zip code in Maryland. Also, with a 7.7% increase over the last 10 years, its population is growing slightly slower than other parts of the state. With an ownership ratio of 77.1%, most people in the 21722 zip code are homeowners. Topping the list of best schools in the zip code is Clear Spring Middle School.
Comments:

$105K  
Over the last 30 days, three homes were sold in the 21722 zip code market, down 25.0%. Additionally, the market is still in an identifiable downward trend overall. Potential buyers should note that prices went up in the 21722 zip code, with the median for this period rising from $132,450 to $135,000. With a downward trend in sales numbers and 12 months of inventory still left to work through, the 21722 zip code is a strong buyer's market.
Comments:

$209K  
The number of price cuts in the 21722 zip code market climbed to seven over the last 30 days, furthering an identifiable positive trend. Perhaps due to the decreases in list prices, sales increased to four homes sold. The current price reductions trend should be moving forward over the next few weeks, continuing to provide a rise in numbers. The median sales price rose to $132,450, up from last week's $129,900. The 21722 zip code 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:

$299K  
Over the last 30 days, sales in the 21722 zip code market fell to three. However, the number of pending transactions continued to improve, reaching a total of six during the same period. Prices are falling in the 21722 zip code, and this period the median price of all sales fell from $172,937 to $129,900. With decreasing sales and the availability of 11 months of inventory, the 21722 zip code is a strong buyer's market.
Comments:

$269K  
In this week's report, the number of homes sold in the 21722 zip code market slid to four over the past 30 days. It marked a decrease of 20.0% from last week's report and a fall below the monthly average. Within the same time frame, the 21740 zip code had 63 sales, the most of all zip codes in the area. Prices are rising in the 21722 zip code, and the median sales price this period increased from $129,900 to $172,937. Along with the slip in sales, a relatively high eight months of inventory indicates that the 21722 zip code is a definite buyer's market.
Comments:

$363K  
In this week's report, the number of homes sold in the 21722 zip code market plummeted to five over the past 30 days, a decrease of 28.6% from last week's report, but still above the monthly average. Meanwhile, the 21740 zip code reported 59 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 21722 zip code, with the median for this period rising from $215,975 to $219,500.
Comments:

The 21722 zip code has a cost of living adjustment score of 93.7, which is much less expensive when compared to others in Maryland. Also, the area is considered less affluent than average with a median income of $61,749 per household. The 21722 zip code is made up of homes that are relatively old with a median of 36 years. Topping the list of best schools in the zip code is Clear Spring Middle School.
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