$269K  
Home sales in the Fountainhead-Orchard Hills market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 11.1% to eight homes sold over the last 30 days. In comparison, nearby Hagerstown had 47 sales in the same time frame, the most of all neighboring cities. Months of inventory were further reduced to six, extending a downward trend to four weeks.
Comments:

$1.3M  
The Fountainhead-Orchard Hills market saw sales remain flat this week but it is currently in the midst of an emerging upward sales trend, including nine homes sold over the last 30 days. Potential buyers should note that prices went up in Fountainhead-Orchard Hills, with the median for this period rising from $192,500 to $252,000.
Comments:

$1.3M  
Fountainhead-Orchard Hills is a larger than average city in Maryland with 5,666 residents. Also, it has seen a 45.0% increase in population over the last 10 years. The Fountainhead-Orchard Hills market almost exclusively consists of detached houses, accounting for 96% of the current homes in the area. The top school in the city is Old Forge Elementary School.
Comments:

$1.3M  
In this week's report, the number of homes sold in the Fountainhead-Orchard Hills market fell to nine over the past 30 days, a decrease of 10.0% from last week's report, but still above the monthly average. On the other hand, close-by Hagerstown registered 46 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Fountainhead-Orchard Hills, and for this period the median sales price slid from $222,250 to $192,500.
Comments:

$1.3M  
A record 10 homes were sold in the Fountainhead-Orchard Hills market over the last 30 days, which is a new high going back to August. This is a 66.7% spike from the previous period. When comparing other close-by municipalities within the same period, the most came from Hagerstown with 42 sales. Potential buyers should note that prices went up in Fountainhead-Orchard Hills, with the median for this period rising from $177,450 to $222,250.
Comments:

$994K  
Over the last 30 days, the Fountainhead-Orchard Hills market showed healthy signs with five homes sold, a 25.0% increase from last week's report. To put it in perspective, close-by Hagerstown registered 37 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Fountainhead-Orchard Hills, and for this period the median sales price slid from $197,500 to $170,000. Even after the uptick in sales, an elevated 12 months of inventory tells us that Fountainhead-Orchard Hills is still a definite buyer's market.
Comments:

$109K  
A three-week rough patch for the overall sales trend continues in the Fountainhead-Orchard Hills market. On a positive note, the number of sales actually rose 33.3% over the last 30 days to hit four. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Perhaps due to the sales numbers, months of inventory is on a four-week upswing, this week hitting 14 months. Fountainhead-Orchard Hills is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

$1.3M  
Fountainhead-Orchard Hills has a cost of living adjustment score of 99.1, which is much less expensive when compared to others in Maryland. Also, the area is considered somewhat affluent with a median income of $67,632 per household. With a median age of 40 years, homes in Fountainhead-Orchard Hills tend to be older than most. Topping the list of best schools in the city is Old Forge Elementary School.
Comments:

$689K  
The Fountainhead-Orchard Hills market stayed sluggish this week as sales dropped 25.0% to land at three homes sold over the last 30 days. In comparison, nearby Hagerstown had 57 sales in the same time frame, the most of all neighboring cities. Prices are rising in Fountainhead-Orchard Hills, and the median sales price this period increased from $197,500 to $210,000. Fountainhead-Orchard Hills is a solid buyer's market, thanks to a big 18 months of inventory to choose from and a pullback in sales.
Comments:

$994K  
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.
Comments:
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