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. It should be noted that at 58.8%, most people own their homes in Mountain Lake Park. The best school in the city is Swan Meadow School.
Comments:

$225K  
The number of homes coming into the Mountain Lake Park market jumped to four listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. Pricing in Mountain Lake Park remains consistent from last week to this week, with the median sales price at $228,000 again. Along with flat sales, a relatively high eight months of inventory indicates that Mountain Lake Park is a strong buyer's market.
Comments:

$285K  
Over the past 30 days, there have been fewer price cuts in the Mountain Lake Park market, continuing a three-week declining trend to land at one. However, home sales were up to two over the same period. Prices are rising in Mountain Lake Park, and the median sales price this period increased from $171,000 to $228,000. Mountain Lake Park is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$285K  
The Mountain Lake Park market remained slow with one home sold in the last 30 days, a 50.0% sales drop. The median sales price climbed to $171,000, up from last week's $138,000. With decreasing sales and the availability of 14 months of inventory, Mountain Lake Park is a definite buyer's market.
Comments:

$239K  
The Mountain Lake Park market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at three. The median sales price of all transactions in Mountain Lake Park did not budge this week, remaining at $250,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Mountain Lake Park is a seller's market.
Comments:

Mountain Lake Park is a city that is growing about even with others in Maryland at a 10-year growth rate of -0.8%. It also has an average-sized population of 2,092 people. Mountain Lake Park is made up of homes that are considered relatively old with a median of 33 years. The top school in the city is Swan Meadow School.
Comments:

$340K  
More sellers put their homes up for sale in the Mountain Lake Park market over the last 30 days and the number of new listings spiked this week to three. Home sales remained unchanged from the prior period and once again three homes were sold. The median sales price remained unchanged over the latest reporting period for Mountain Lake Park, coming in at $250,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Mountain Lake Park is a seller's market.
Comments:

$114K  
Over the last 30 days, an identifiable upward trend of new sellers coming into the Mountain Lake Park market continued, with two listings in this week's report. Meanwhile, sales have risen as well, with three homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. A months of inventory number of three reported this week continued a four-week downward trend, even with the strong number of new listings in the area. The rise in sales and low inventory point to Mountain Lake Park being a seller's market.
Comments:

$109K  
The Mountain Lake Park market got positive news in this week's report, as the number of sales went up to two homes sold over the last 30 days.
Comments:

$249K  
The Mountain Lake Park market reported another in a series of 30-day periods with zero home sales. Mountain Lake Park usually averages 2.2 sales per month. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks.
Comments:
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