The Real Estate Market in the Historic Part of Laurel, MD – 20707
The 20707 zip code for Laurel, MD isn’t all historic. There is a good portion, though.
There is also access to the local MARC train which is the commuter train between Baltimore, MD and Washington, DC.
It’s a great place to live with easy access to RT 95 (a north/south route) and to other local attractions like the Montpelier Mansion
So what’s going on in the 20707 zip code?
Median Price over the most recent 90 days:
Days on Market Trending for the most recent 90 days:
Amount of Homes on the Market (Inventory) trending:
So you can see, it’s a mixed bag.
Days on Market on trending up which means it takes longer to sell your home. Prices continue to fall mostly due to foreclosures and short sales. The bright spot is that inventory is falling which means that there are fewer homes available for sale. This should mean that prices will stabilize. However, it may also mean that people are delaying putting their home on the market until after the first of the year in order to enjoy the holidays.
Check out the Market Trends for up to 10 zip codes in the MD Suburbs of DC by simply filling in the form over to the right or click here. You will get a totally FREE report e-mailed to you. No phone calls, no spam. I promise.
