$235K  
Over the last 30 days, the Oak Lane market showed positive signs with 36 homes sold, a 2.9% increase from last week's report. Within the same time frame, the Oxford Circle neighborhood had 48 sales, the most of all neighborhoods in the area. Potential buyers should note that prices are coming down in Oak Lane, and for this period the median sales price slid from $145,000 to $137,500. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Oak Lane is a seller's market.
Comments:

$173K  
With a solid downward trend in sellers reducing price, including 26 markdowns over the last 30 days, sales in the Oak Lane market remained the same with 35 over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price in Oak Lane stayed flat at $145,000 while months of inventory spiked to four.
Comments:

$449K  
While home sales in the Oak Lane market have been above average, in this week's report they dropped 15.4% to 33 homes sold over the last 30 days. Meanwhile, the Mount Airy neighborhood reported 45 home sales, the highest number from all of the surrounding neighborhoods. The median sales price dropped to $120,000, potentially helping to offset the four months of inventory left to be sold.
Comments:

$344K  
Over the past 30 days, there have been fewer price cuts in the Oak Lane market, continuing a three-week declining trend to land at 28. Home sales were also down to 36 over the same period. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $128,000 this week.
Comments:

$344K  
The Oak Lane market slowed this week but was still better than normal as sales dropped 10.0% to 36 homes sold over the last 30 days. Within the same time frame, the Germantown neighborhood had 45 sales, the most of all neighborhoods in the area. A months of inventory number of four reported this week continued an eight-week downward trend.
Comments:

$344K  
The number of home sales in the Oak Lane market jumped 37.0% to 37 homes over the last 30 days, exceeding the 27.2 monthly average for the last 12 months. To put it in perspective, the close-by Germantown neighborhood registered 49 homes sold in those same 30 days, the most of all surrounding neighborhoods. Potential buyers should take note that the median sales price in Oak Lane rose to $126,000 and that there are four months of inventory still available.
Comments:

$210K  
With 27 homes sold in the Oak Lane market over the last 30 days, we see no change from last week's numbers. However, 46 new listings came into the market. Prices are rising in Oak Lane, and the median sales price this period increased from $110,500 to $115,000.
Comments:

$289K  
Fewer sellers put their homes up for sale in the Oak Lane market over the last 30 days and the number of new listings fell this week to 42. Home sales remained unchanged from the prior period and once again 25 homes were sold. The median sales price climbed to $112,200 over the latest reporting period for Oak Lane, up from $102,500.
Comments:

$102K  
This week in the Oak Lane market, sales fell to 25 homes sold over the last 30 days, even as it endures an established upward trend in price reductions, with 32 reported in the same time frame. While price reduction numbers rose, sale prices dropped. This week's reported median sales price of $102,500 continued a four-week downward trend.
Comments:

$414K  
The Oak Lane market has established an emerging upward trend, even as sales fell 22.9% this week to 27 homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price dropped to $102,500, down from last week's $112,200.
Comments:
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