$249K  
More sellers put their homes up for sale in the 21904 zip code market over the last 30 days and the number of new listings jumped this week to 11. Home sales remained unchanged from the prior period and once again six homes were sold. Potential buyers should note that prices went up in the 21904 zip code, with the median for this period rising from $185,000 to $195,000.
Comments:

21904 is the fastest growing zip code in Maryland, at a 10-year growth rate of 9.5%. It currently ranks 199th in terms of population with 7,453 residents. The 21904 zip code is made up of homes that are of moderate age with a median of 23 years. Heading the list of top schools in the zip code is Bainbridge Elementary School.
Comments:

$460K  
The 21904 zip code market remained soft this week as sales dropped 25.0% to land at six homes sold over the last 30 days. In comparison, the nearby 21921 zip code had 59 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 21904 zip code stayed put this week at $185,000.
Comments:

$460K  
Sales fell this week to seven homes sold in the 21904 zip code market over the last 30 days. However, a three-week positive trend for contracts was extended, with nine pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. While contracts were solid, months of inventory were further reduced to four, extending a downward trend to eight weeks.
Comments:

$499K  
The 21904 zip code market saw sales decline 16.7% this week but it is currently in the midst of an established upward sales trend, including 10 homes sold over the last 30 days. The median sales price dropped to $168,250 over the latest reporting period for the 21904 zip code, down from $181,177. With only three months of inventory to sell, the 21904 zip code is a seller's market, in spite of the dip in sales.
Comments:

$324K  
With 12 homes sold in the 21904 zip code market over the last 30 days, we see no change from last week's numbers. However, 11 new listings came into the market. Potential buyers should note that prices are coming down in the 21904 zip code, and for this period the median sales price slid from $262,400 to $181,177. In spite of flat sales, a low two months of inventory signals that the 21904 zip code is a solid seller's market.
Comments:

$135K  
The 21904 zip code is a zip code in Maryland with a median income of $62,825 per household. Besides being somewhat affluent, its population is older than others with a median age of 41 years. Detached homes account for 69% of the area's current housing market. Heading the list of top schools in the zip code is Bainbridge Elementary School.
Comments:

$460K  
While home sales in the 21904 zip code market have been above average, in this week's report they slid 7.7% to 12 homes sold over the last 30 days. Within the same time frame, the 21921 zip code had 57 sales, the most of all zip codes in the area. Prices are rising in the 21904 zip code, and the median sales price this period increased from $220,000 to $262,400. Despite the slip in sales, a relatively low two months of inventory indicates that the 21904 zip code is a definite seller's market.
Comments:

$499K  
On top of an 18.2% rise in sales over the last 30 days, the 21904 zip code market extended a three-week hot streak with a total of 13 homes sold in that span. A months of inventory number of two reported this week continued a four-week downward trend, likely due to the strong sales numbers in the area. The rising sales and the low inventory point to the 21904 zip code being a definite seller's market.
Comments:

$499K  
A record 11 homes were sold in the 21904 zip code market over the last 30 days, which is a new high going back to December. This is a 10.0% spike from the previous period. During the same time frame, 21921 had the most sales of any other neighboring zip codes with 46. Prices are rising in the 21904 zip code, and the median sales price this period increased from $299,000 to $299,900. The higher trending sales numbers and the fact that there are a lower-than-normal two months of inventory to work through indicate that the 21904 zip code is a definite seller's market.
Comments:
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Cummings & Co Realtors LLC
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