Sellers in Clear Spring weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Clear Spring usually averages 0.3 sales per month.
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Clear Spring has a population that is younger than most in Maryland with a median age of 42 years. Also, it's somewhat affluent with a median income of $59,767 per household. Clear Spring is an area where 42.3% of the homes are owned, while 40.7% are rented. Topping the list of best schools in the city is Clear Spring Middle School.
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No deals were completed in the Clear Spring market over the last 30 days. Clear Spring usually averages 0.3 sales per month.
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The Clear Spring market extended a three-week hot streak this week, even as sales fell to one home sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are falling in Clear Spring, and this period the median price of all sales fell from $151,000 to $75,000. In spite of the decrease in sales, a low one month of inventory signals that Clear Spring is a strong seller's market.
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The number of sellers who put their homes up for sale in the Clear Spring market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again two homes were sold. The median sales price remained unchanged over the latest reporting period for Clear Spring, coming in at $151,000.
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The Clear Spring market saw sales remain flat this week with two homes sold over the last 30 days and new listings also remain flat at zero. The median sales price in Clear Spring stayed put this week at $151,000.
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Clear Spring is a smaller-than-average city in Maryland with 358 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 3.0%. The Clear Spring market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The best school in the city is Clear Spring Middle School.
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The Clear Spring market made gains in this week's report, as the number of home sales rose 100.0%, pushing the total to two homes sold over the last 30 days. In comparison, nearby Hagerstown had 43 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Clear Spring, and for this period the median sales price slid from $227,000 to $151,000.
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There was one home sale in the Clear Spring market over the last 30 days, above the 0.2 monthly average. To put it in perspective, close-by Hagerstown registered 43 homes sold in the same time frame, the most of all surrounding cities. With only one month of inventory and rising sales, Clear Spring is a definite seller's market.
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The Clear Spring market was quiet this week as no sales were reported over the previous 30 days. Clear Spring usually averages 0.2 sales per month. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks.
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