sales continuing a six-week downturn, bringing this week's numbers down to 47 homes sold over the last 30 days, price reductions are also at the highest they've been since December, with 54 reported over the same period. When comparing other close-by zip codes within the same period, the most came from the 20743 zip code with 78 price reductions. Furthermore, a six-week downward trend in sales is expected to continue over the coming weeks. Prices are rising in the 20774 zip code, and the median sales price this period increased from $270,000 to $300,000. Even with the higher trending sales, the fact that there are a lower-than-normal three months of inventory to work through indicates that the 20774 zip code is still a seller's market.
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| Real Estate Update for 20774 | | | | |  | | Jun 11 - The 20774 zip code market is getting less expensive. In tandem with sales continuing a six-week downturn, bringing this week's numbers down to 47 homes sold over the last 30 days, price reductions are also at the highest they've been since December, with 54 reported over the same period. When comparing other close-by zip codes within the same period, the most came from the | | | | | |
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