Thursday, June 8, 2017

The 20774 zip code market showed no signs of halting a five-week...

downward contraction, with a record low 38 homes sold in the last 30 days. Sales showed a 24.0% decrease from the prior period, returning to a low not seen since November. During the same time frame, 20743 had the most of any other neighboring zip codes with 54 sales. The median sales price dropped to $272,500 over the latest reporting period for the 20774 zip code, down from $289,500. Despite the falling sales numbers, there are only three months of inventory remaining, indicating that the 20774 zip code is a still seller's market.
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Real Estate Update for 20774
Jun 4 - The 20774 zip code market showed no signs of halting a five-week downward contraction, with a record low 38 homes sold in the last 30 days. Sales showed a 24.0% decrease from the prior period, returning to a low not seen since November. During the same time frame, 20743 had the most of any other neighborin... Read more »
Niecie Draper
Keller Williams Preferred Properties
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