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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