$750K  
Sales ticked up to 13 homes sold over the last 30 days in the 21842 zip code market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 14 for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price rose to $260,000 over the latest reporting period for the 21842 zip code, up from $244,950. The 21842 zip code is still a strong buyer's market, due to the availability of 77 months of remaining inventory, even after the uptick in sales.
Comments:

$145K  
On top of a 9.1% dip in sales numbers this week to land at 10 homes sold over the last 30 days, the 21842 zip code market still shows an emerging trend downward overall. Potential buyers should note that prices went up in the 21842 zip code, with the median for this period rising from $224,000 to $244,950. The 21842 zip code is a definite buyer's market, due to a downward trend in sales numbers and 100 months of inventory remaining.
Comments:

21842 is a larger than average zip code in Maryland with a population of 11,113 residents, and it has a higher than average density compared to the rest of the state, with 1,172.4 people per square mile. The 21842 zip code has an home ownership ratio of 12.2% and a renting ratio of 4.9%. The best school in the zip code is Ocean City Elementary School.
Comments:

$399K  
Sales fell to 11 homes sold in the 21842 zip code market over the last 30 days. Furthermore, a new downturn in the number of pending transactions continued, with 10 completed in the same period. The median sales price remained unchanged over the latest reporting period for the 21842 zip code, coming in at $224,000. A downturn in contracts, coupled with the availability of 91 months of inventory, prove that the 21842 zip code is a definite buyer's market.
Comments:

$259K  
The 21842 zip code market stayed soft with 67 homes sold in the last 30 days, a 31.6% sales drop. Meanwhile, the 21811 zip code reported 20 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 21842 zip code, and for this period the median sales price slid from $243,500 to $235,000. The 21842 zip code is a definite buyer's market, thanks to a big 15 months of inventory to choose from and a pullback in sales.
Comments:

$1.4M  
New listings have fallen in the 21842 zip code market, reaching a low that hasn't been seen since January. They also had a 30-day tally of 98 sales. During the same time frame, 21811 had the most of any other neighboring zip codes with 46 new listings. While new listing numbers dropped, prices were able to climb. This week's reported median sales price of $243,500 continued a four-week upswing. The 21842 zip code is still a definite buyer's market, with a big 10 months of inventory to choose from that counters the decrease in new listings and the overall rising prices.
Comments:

The 21842 zip code has a cost of living adjustment score of 124.7, which is expensive when compared to others in Maryland. Also, the area is considered less affluent than average with a median income of $49,794 per household. Homes in the 21842 zip code are relatively old with a median age of 28 years. The top school in the zip code is Ocean City Elementary School.
Comments:

$509K  
While home sales in the 21842 zip code market have been above average, in this week's report they dropped 18.8% to 117 homes sold over the last 30 days. Within the same time frame, the 21811 zip code had 37 sales, the most of all zip codes in the area. Months of inventory were further reduced to nine, extending a downward trend to four weeks. The 21842 zip code is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$3.6M  
The 21842 zip code market saw sales rise 28.6% and it is currently in the midst of an emerging upward sales trend, including 144 homes sold over the last 30 days. Prices are rising in the 21842 zip code, and the median sales price this period increased from $233,950 to $240,000. The 21842 zip code is a still definite buyer's market with seven months of remaining inventory, even with the rising sales numbers.
Comments:

$324K  
Over the last 30 days, a determined upward trend of new sellers coming into the 21842 zip code market continued, with 226 listings in this week's report. Meanwhile, sales have risen as well, with 109 homes selling during the same period. The median sales price rose to $235,000 over the latest reporting period for the 21842 zip code, up from $233,900. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning the 21842 zip code is still a definite buyer's market.
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