$340K  
With a budding downward trend in sellers reducing price, including zero markdowns over the last 30 days, sales in the Mountain Lake Park market remained the same with four over the same stretch of time. While price reduction numbers were weak, the median sales price of homes sold came in at $190,250, which extended a price upswing to four weeks. There are only three months of inventory available in Mountain Lake Park, so it's a seller's market, even if sales are flat.
Comments:

$118K  
Mountain Lake Park has a population that is much younger than most in Maryland with a median age of 44 years. Also, it's much less affluent than average with a median income of $39,404 per household. Keep in mind, most people in Mountain Lake Park own their homes, with a 58.8% ownership ratio. Heading the list of top schools in the city is Swan Meadow School.
Comments:

$104K  
The Mountain Lake Park market showed strong improvement this week as sales climbed 100.0% to reach four homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Prices are falling in Mountain Lake Park, and this period the median price of all sales fell from $202,500 to $190,250. With just three months of inventory available and sales going up, Mountain Lake Park is a seller's market.
Comments:

$549K  
With one home sold in the Mountain Lake Park market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with two new listings for buyers to choose from. The median sales price in Mountain Lake Park stayed put this week at $339,000. Mountain Lake Park is a definite buyer's market, thanks to a big 15 months of inventory to choose from and the flat sales.
Comments:

$175K  
Sales in the Mountain Lake Park market remained level with one home sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with two price reductions in the same time frame. Pricing in Mountain Lake Park remains consistent from last week to this week, with the median sales price at $339,000 again. Mountain Lake Park is a definite buyer's market, thanks to a big 14 months of inventory to choose from and the flat sales.
Comments:

$324K  
Over the last 30 days, sales in the Mountain Lake Park market remained at their current pace of one homes. However, the amount of pending transactions continued to improve, reaching a total of three during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price jumped to $339,000, up from last week's $129,000. Mountain Lake Park is a solid buyer's market, thanks to a big 15 months of inventory to choose from and the flat sales.
Comments:

$249K  
The Mountain Lake Park market broke below its 12-month average sales volume this week as sales fell 75.0% to hit one home sold over the last 30 days. Within the same time frame, Terra Alta had two sales, the most of all cities in the area. The median sales price rose to $129,000, up from last week's $127,000. With decreasing sales and the availability of 13 months of inventory, Mountain Lake Park is a solid buyer's market.
Comments:

$118K  
With 2,092 residents, Mountain Lake Park is an average-sized city in Maryland. Also, with a 0.8% decrease over the last 10 years, its population is growing about even with other parts of the state. With a median age of 33 years, homes in Mountain Lake Park tend to be relatively old. Topping the list of best schools in the city is Swan Meadow School.
Comments:

$114K  
The Mountain Lake Park market saw sales remain flat this week with four homes sold over the last 30 days and new listings also remain flat at zero. The median sales price continued to fall, trending downwards for eight weeks to reach $127,000. There are only three months of inventory available in Mountain Lake Park, so it's still a seller's market, despite the falling prices.
Comments:

$118K  
The number of homes coming into the Mountain Lake Park market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $127,000 this week.
Comments:
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