The 21830 zip code market remained sluggish this week as sales fell 50.0% to land at one home sold over the last 30 days. On the other hand, the close-by 21613 zip code registered 25 homes sold in the same period, the most of all surrounding zip codes. A months of inventory number of 24 reported this week continued a four-week upward trend. The 21830 zip code is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
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The 21830 zip code market may be experiencing a long pullback as sales slumped again this week by 33.3% to two homes sold over the last 30 days. The median sales price dropped to $37,500, down from last week's $45,000. A downturn in sales, coupled with the availability of 12 months of inventory, prove that the 21830 zip code is a definite buyer's market.
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The 21830 zip code is older than the rest of Maryland, with a median age of 38. It's less affluent than average as well, with a median income of $59,341 per household. The 21830 zip code market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. Heading the list of top schools in the zip code is Westside Intermediate.
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In this week's report, the number of homes sold in the 21830 zip code market slid to two over the past 30 days, a decrease of 50.0% from last week's report. Meanwhile, the 21613 zip code reported 35 home sales, the highest number from all the surrounding zip codes. The median sales price of homes sold came in at $146,500, which extended a price upswing to four weeks. The 21830 zip code is a definite buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
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The 21830 zip code market slowed with a 42.9% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.5 monthly average with four homes sold. On the other hand, the close-by 21613 zip code registered 29 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 21830 zip code, with the median for this period rising from $148,000 to $187,500. There are only three months of inventory available in the 21830 zip code, so it's a seller's market, even with the decrease in sales.
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Over the last 30 days, the sale of seven homes took place in the 21830 zip code market. This shows a 16.7% surge from the prior period and the continuation of an unwavering upward trend. The median sales price tumbled to $148,000, down from last week's $187,500. The higher trending sales numbers and the fact that there is a lower-than-normal one month of inventory to work through indicate that the 21830 zip code is a strong seller's market.
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$469K  
21830 is an average-sized zip code in Maryland with 3,777 residents. Also, it has a lower than average density with 137.0 people per square mile. The 21830 zip code is an area where most people own their homes, with an ownership ratio of 77.2%. The best school in the zip code is Westside Intermediate.
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$225K  
In this week's report, the number of homes sold in the 21830 zip code market fell to six over the past 30 days, a decrease of 14.3% from last week's report, but still above the monthly average. In comparison, the nearby 21804 zip code had 42 sales in the same time frame, the most of all neighboring zip codes. Months of inventory is on an eight-week downward trend, this week hitting two months. With inventory so low in the 21830 zip code, it's still a solid seller's market, even after taking into consideration the decrease in sales.
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$469K  
The 21830 zip code market saw sales remain steady this week at seven homes sold over the last 30 days, but this could change due to an identifiable upward trend in price reductions, with six reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price climbed to $119,900, up from last week's $100,000. With only two months of inventory to sell, the 21830 zip code is a definite seller's market, in spite of the flat sales.
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$469K  
Over the last 30 days, the sale of seven homes took place in the 21830 zip code market. This shows a 16.7% jump from the prior period and the continuation of a determined upward trend. The median sales price rose to $100,000, up from last week's $79,500. With only two months of inventory and rising sales, the 21830 zip code is a solid seller's market.
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