4th Quarter Market Watch Statistics for 20724

By
Real Estate Agent with Exit Bennett Realty

The neighborhood of Russett in Laurel MD is located in the zipcode 20724.  I’ll provide the 4th quarter numbers and a comparison to last year’s market activity.

 Home sales within the zip code of 20724 are as follows: 41 units that sold (7.89% increase over last year).  The median sold price was $281,837 (3.06% increase over last year) and the overall average days on the market was 43 (-18.87% decrease from last year). 

·         18 single family homes sold (50.00% increase over last year) with an average sales price of $289,489 (8.58% increase over last year).

·         23 attached units sold (-11.54% decrease from last year) with an average sales price of $275,848 (-0.28% decrease from last year).

In the 20724 zip code, the number of properties that sold during the 4th quarter and year-to-date represent this particular area has stabilized and is showing steady growth in the total number of properties sold, average sales price and average days on the market.

I would highly recommend the Russett area to buy real estate since the numbers confirm strength and growth.

Live Interactive Market Trend Charts for 20724

 

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Market Activity

 

Median Sold Price

 

Avg Days on Market

 

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