Thursday, January 5, 2017

21037 Zip Code Real Estate Market Extends Weakening in Home Prices

January 1, 2017 --Edgewater, MD 21037
In this week's report, the number of homes sold in the 21037 zip code market slid to 30 over the past 30 days. It marked a decrease of 11.8% from last week's report and a fall below the monthly average. In comparison, the nearby 21401 zip code had 54 sales in the same time frame, the most of all neighboring zip codes. The median sales price of homes sold came in at $342,500, which extended a downward swing in price to four weeks.

Wednesday, January 4, 2017

Sales On the Rise in 21401 Zip Code Real Estate Market

December 28, 2016 -- Annapolis, MD 21401
The 21401 zip code market showed healthy signs in this week's report, as the number of home sales jumped 31.7%, pushing the total to 54 homes sold over the last 30 days. At the same time, the 21122 zip code reported 71 home sales, the highest number from all the surrounding zip codes. There are four months of inventory remaining in the 21401 zip code, and the market is swinging toward the seller, but that may be offset as the median sales price dropped to $407,000 this week.

Tuesday, January 3, 2017

21122 Zip Code Real Estate Market Continues Weakening in Home Prices

December 31, 2016 -- Pasadena, MD 21122
The number of homes sold in the 21122 zip code market slid to 71 over the past 30 days. It marked a decrease of 9.0% from last week's report and another period below the monthly average. Meanwhile, the 21222 zip code reported 68 home sales, the highest number from all the surrounding zip codes. The median sales price of homes sold came in at $259,000, which extended a downward swing in price to four weeks. With only three months of inventory to sell, the 21122 zip code is still a seller's market, even after taking into consideration the falling prices.