Fountainhead-Orchard Hills Real Estate Market Continues Growth in Contracts

Sales fell this week to four homes sold in the Fountainhead-Orchard Hills market over the last 30 days. However, a three-week positive trend for contracts was extended, with seven pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are falling in Fountainhead-Orchard Hills, and this period the median price of all sales fell from $210,000 to $197,500. With decreasing sales and the availability of 14 months of inventory, Fountainhead-Orchard Hills is a solid buyer's market.

Looking for adequate space in your home? Check out these listings in Fountainhead-Orchard Hills that provide large living areas:

$994K   $1.3M   $479K  

Demographic facts for Fountainhead-Orchard Hills:

  • The average age of the population is 41 years old.
  • This area has a health cost index score of 98.5. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (37.2%), 15-29 min (38.5%), 30-44 min (10.2%), 45-59 min (6.0%), >60 min (8.1%).

Data reported through 10/12/2016

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