$599K  
The Galena market pulled back with a 33.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.1) with two homes sold. Meanwhile, close-by Smyrna reported 23 homes sales, the highest number from all the surrounding cities. The median sales price stayed flat at $227,400, and there are a fairly average four months of inventory left to be sold.
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$599K  
The Galena market is currently in the middle of an extended upward sales trend, even as sales remained flat at three homes sold over the last 30 days. Pricing in Galena remains consistent from last week to this week, with the median sales price at $227,400 again. Despite the flat sales, a relatively low three months of inventory remaining indicates that Galena is a seller's market.
Comments:

$599K  
The number of homes coming into the Galena market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. Prices were able to climb as this week's reported median sales price of $227,400 continued a four-week upswing. With inventory so low in Galena, it's still a strong seller's market, even after taking into consideration the decrease in sales.
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The population of Galena is somewhat affluent compared to others in Maryland with a median income of $69,032 per household. It's also considered an average city in terms of affordability with a cost of living adjustment score of 117.9. Homes in Galena are relatively old with a median age of 30 years. The top school in the city is Galena Middle School.
Comments:

$599K  
The Galena market is currently in the middle of an unwavering upward sales trend, extended as sales rose to two homes sold over the last 30 days. The median sales price climbed to $177,500 over the latest reporting period for Galena, up from $155,000. With just two months of inventory available and sales going up, Galena is a definite seller's market.
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$599K  
The Galena market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. The median sales price in Galena stayed put this week at $155,000.
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$599K  
The Galena market saw sales remain flat this week with one home sold over the last 30 days but new listings plummeted to zero. The median sales price of all transactions in Galena did not budge this week, remaining at $155,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Galena is a seller's market.
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$599K  
Over the last 30 days, the number of homes sold in the Galena rose to one. While the sales increased, the amount of pending transactions also trended upward, reaching a total of two 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.
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$449K  
No deals were completed in the Galena market over the last 30 days. Galena usually averages 0.9 sales per month.
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$449K  
Galena is a smaller-than-average city in Maryland with 612 residents. Its population is also growing slightly faster than others at a 10-year growth rate of 25.1%. Galena is an area where most people own their homes, with an ownership ratio of 66.2%. The top school in the city is Galena Middle School.
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