Wednesday, July 12, 2017

A record 32 homes were sold in the 20721 zip code market over the...

last 30 days, which is a new high going back to April. This is a 10.3% spike from the previous period. In comparison, 20772 led all other nearby zip codes with 76 sales. As sales reached a top, prices have been falling. The median sales price dropped to $317,250, extending a four-week long spiral. The higher trending sales numbers, along with the fact that there are a lower-than-normal three months of inventory to work through, drive home the fact that the 20721 zip code is a seller's market, despite the falling prices.
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Real Estate Update for 20721
Jul 9 - A record 32 homes were sold in the 20721 zip code market over the last 30 days, which is a new high going back to April. This is a 10.3% spike from the previous period. In comparison, 20772 led all other nearby zip codes with 76 sales. As sales reached a top, prices have been falling. The median sales price... Read more »
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Real Estate Update for 20772
Jul 8 - The 20772 zip code market has established a confirmed upward trend, even as sales fell 9.5% this week to 76 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. Potential buyers should note that prices... Read more »
Niecie Draper
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Office | 240-737-5000 Niecie Draper | 202-812-3118
1441 McCormick Dr Ste 1020 Upper Marlboro MD niecie@homesbynieciedraper.com
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Real Estate Update for 20774
Jul 9 - The 20774 zip code market broke below its 12-month average sales volume this week as sales slid 5.8% to hit 49 homes sold over the last 30 days. In comparison, the nearby 20772 zip code had 76 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are c... Read more »
Niecie Draper
Keller Williams Preferred Properties
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Office | 240-737-5000 Niecie Draper | 202-812-3118
1441 McCormick Dr Ste 1020 Upper Marlboro MD niecie@homesbynieciedraper.com
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