$2.4M  
With 2,571 residents, Paramount-Long Meadow is an average-sized city in Maryland. Also, with a 27.8% increase over the last 10 years, its population is growing faster than other parts of the state. Paramount-Long Meadow is an area where most people own their homes, with an ownership ratio of 74.3%. The best school in the city is Paramount Elementary School.
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$2.4M  
The Paramount-Long Meadow market will be getting less crowded in the coming weeks. Sales ticked up this week to four homes sold over the last 30 days, and there is a determined downward trend in the number of new listings, with five going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $239,500, down from last week's $259,000. Paramount-Long Meadow is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
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$315K  
New listings have fallen in the Paramount-Long Meadow market, reaching a low that hasn't been seen since last January. The market has been quiet, with a 30-day tally of three sales, extending a current eight-week downward trend. When comparing other close-by municipalities within the same period, the most came from Hagerstown with 34 new listings. A months of inventory number of eight reported this week continued an eight-week upward trend, even with the weak number of new listings in the area. Paramount-Long Meadow is still a strong buyer's market, even with the downward trend in new listings, due to such a large amount of inventory remaining.
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$315K  
The Paramount-Long Meadow market improved this week with three homes sold over the last 30 days. Within the same time frame, Hagerstown had 51 sales, the most of all cities in the area. The median sales price tumbled to $220,000 over the latest reporting period for Paramount-Long Meadow, down from $514,000. Even after the uptick in sales, an elevated eight months of inventory tells us that Paramount-Long Meadow is still a definite buyer's market.
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$158K  
The Paramount-Long Meadow market is experiencing a pronounced pullback as sales slumped again this week by 50.0% to two homes sold over the last 30 days. Prices are rising in Paramount-Long Meadow, and the median sales price this period increased from $330,000 to $514,000. A downturn in sales, coupled with the availability of 14 months of inventory, prove that Paramount-Long Meadow is a strong buyer's market.
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$330K  
The Paramount-Long Meadow market pulled back with a 20.0% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 5.2 monthly average with four homes sold. Meanwhile, close-by Hagerstown reported 43 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $330,000, up from last week's $320,000. Paramount-Long Meadow is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
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$2.4M  
The population of Paramount-Long Meadow is affluent compared to others in Maryland with a median income of $77,301 per household. It's also considered a less expensive city in terms of affordability with a cost of living adjustment score of 103.8. Paramount-Long Meadow is made up of homes that are relatively old with a median of 36 years. Topping the list of best schools in the city is Paramount Elementary School.
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$2.4M  
The Paramount-Long Meadow market broke below its 12-month average sales volume this week as sales slid 16.7% to hit five homes sold over the last 30 days. On the other hand, close-by Hagerstown registered 43 homes sold in the same time frame, the most of all surrounding cities. Months of inventory continued a steady rise, trending upwards for four weeks to reach five months.
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$148K  
New listings have fallen in the Paramount-Long Meadow market, reaching a low that hasn't been seen since August. The market has been quiet, with a 30-day tally of five sales, extending a current three-week downward trend. During the same time frame, Hagerstown had the most of any other neighboring municipalities with 51 new listings. Prices are rising in Paramount-Long Meadow, and the median sales price this period increased from $270,000 to $300,000.
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$397K  
This week in the Paramount-Long Meadow market, sales rose to six homes sold over the last 30 days, which might be due in part to a recent upward trend in price reductions, with four being reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose dramatically to $270,000 this week.
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