Wednesday, July 5, 2017

The 20774 zip code market broke below its 12-month average sales...

volume this week as sales slid 9.3% to hit 49 homes sold over the last 30 days. On the other hand, the close-by 20772 zip code registered 82 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 20774 zip code, and this period the median price of all sales fell from $323,000 to $316,000. In spite of the decrease in sales, a low three months of inventory signals that the 20774 zip code is a seller's market.
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Real Estate Update for 20774
Jul 1 - The 20774 zip code market broke below its 12-month average sales volume this week as sales slid 9.3% to hit 49 homes sold over the last 30 days. On the other hand, the close-by 20772 zip code registered 82 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 20774 ... Read more »
Niecie Draper
Keller Williams Preferred Properties
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