$104K  
The Elkton market pulled back with a 12.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 22.4 monthly average with 22 homes sold. Meanwhile, close-by Pike Creek reported 38 homes sales, the highest number from all the surrounding cities. The median sales price of homes sold came in at $162,000, which extended a downward swing in price to four weeks.
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$399K  
The Elkton market is starting to tighten. While sales came in at 25 homes sold over the last 30 days, price reductions are at their lowest number in three months, with 23 reported this week. In comparison, Pike Creek led all other nearby municipalities with 29 price reductions. Prices are rising in Elkton, and the median sales price this period increased from $149,900 to $182,900.
Comments:

$399K  
The number of home sales in the Elkton market climbed 13.3% to 17 homes over the last 30 days, coming close to the 22.5 monthly average for the last 12 months. Within the same time frame, Pike Creek had 41 sales, the most of all cities in the area. The median sales price dropped to $149,900, down from last week's $182,900. Elkton is still a solid buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
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Elkton has a cost of living adjustment score of 115.6, which is average when compared to others in Maryland. Also, the area is considered less affluent than average with a median income of $53,472 per household. Elkton is made up of homes that are relatively old with a median of 29 years. Topping the list of best schools in the city is Elkton High School.
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$310K  
The Elkton market closed in on its 12-month sales average this week as sales rose 10.5% to reach 21 homes sold over the last 30 days. Within the same time frame, Pike Creek had 35 sales, the most of all cities in the area. Prices are falling in Elkton, and this period the median price of all sales fell from $196,000 to $182,900.
Comments:

$399K  
The Elkton market reported 40 contracts in the last 30 days, the highest amount since last April. During the same period, 18 sales were completed. In comparison, Pike Creek led all other nearby municipalities with 33 contracts executed. As contracts hit a plateau, prices have been increasing. The median sales price hit $204,950, extending a four-week long spike. Elkton is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
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$114K  
The Elkton market pulled back with a 14.8% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (22.7) with 23 homes sold. In comparison, nearby Pike Creek had 22 sales in the same time frame, the most of all neighboring cities. Prices are falling in Elkton, and this period the median price of all sales fell from $237,100 to $234,900.
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$375K  
The Elkton market blew up with a record high 27 homes sold in the last 30 days. Sales rocketed 42.1% from the prior period, returning to a peak not reached since January. In comparison, Pike Creek had 23 sales in the same time frame, the most of all nearby municipalities. Prices are coming down in Elkton, as the median sales price dropped to $237,100, while months of inventory also shrunk to four.
Comments:

$375K  
Sales have risen to 18 homes sold over the last 30 days in the Elkton market. But sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to 47 for the same period. With the trend projected to continue over the next few weeks, new listings are expected to rise even further. At the same time that more new listings came into the market, the average selling price also hit a milestone at $251,250, a nine-month high.
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$279K  
Elkton is a city in Maryland with 15,443 residents. Despite only being ranked 85th in terms of population, it ranks first for growth with a 26.5% increase over the last 10 years. Keep in mind, 47.3% of the homes in Elkton are owned, while 46.6% are rented. Topping the list of best schools in the city is Elkton High School.
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