$189K  
The Fountainhead-Orchard Hills market slowed this week but was still better than normal as sales slid 5.9% to 16 homes sold over the last 30 days. Within the same time frame, Hagerstown had 54 sales, the most of all cities in the area. Months of inventory is on a four-week downward trend, this week hitting three months. In spite of the decrease in sales, the lack of inventory signals that Fountainhead-Orchard Hills is still a seller's market.
Comments:

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. Fountainhead-Orchard Hills is made up of homes that are older than most with a median of 40 years. The best school in the city is Old Forge Elementary School.
Comments:

$849K  
With 17 homes sold in the Fountainhead-Orchard Hills market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with eight new listings for buyers to choose from. The median sales price dropped to $235,000, down from last week's $245,000. There are only three months of inventory available in Fountainhead-Orchard Hills, so it's a seller's market, even if sales are flat.
Comments:

$849K  
The Fountainhead-Orchard Hills market saw sales spike 13.3% and it is currently in the midst of a new upward sales trend, including 17 homes sold over the last 30 days. While sales numbers were strong, the median sales price of those homes came in at $245,000, which extended a price upswing to four weeks. With only three months of inventory available, rising prices, and steady sales, Fountainhead-Orchard Hills remains a seller's market.
Comments:

$849K  
The Fountainhead-Orchard Hills market closed in on its 12-month sales average this week as sales climbed 20.0% to reach six homes sold over the last 30 days. Within the same time frame, Hagerstown had 53 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Fountainhead-Orchard Hills, and for this period the median sales price slid from $292,500 to $286,200.
Comments:

$189K  
The number of home sales in the Fountainhead-Orchard Hills market climbed 66.7% to five homes over the last 30 days. At the same time, close-by Hagerstown reported 44 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Fountainhead-Orchard Hills, with the median for this period rising from $279,900 to $292,500. Even after the uptick in sales, an elevated eight months of inventory tells us that Fountainhead-Orchard Hills is still a solid buyer's market.
Comments:

Fountainhead-Orchard Hills is a larger than average city in Maryland with 5,666 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 45.0%. The Fountainhead-Orchard Hills market is almost exclusively made up of detached houses, which currently account for 98% of the homes for sale in the area. Topping the list of best schools in the city is Old Forge Elementary School.
Comments:

$849K  
The Fountainhead-Orchard Hills market got a boost this week as sales ticked up to three homes sold over the last 30 days to go with a pronounced upward trend of contracts closing, now up to 13. The median sales price rose to $279,900 over the latest reporting period for Fountainhead-Orchard Hills, up from $268,450. Fountainhead-Orchard Hills is a still strong buyer's market with 14 months of remaining inventory, even with the rising contracts numbers.
Comments:

$849K  
The number of sellers reducing prices in the Fountainhead-Orchard Hills market trended up to 21 over the last 30 days, extending a six-week streak. During the same period, two sales were completed. Even as the price reductions of homes trended higher, the average selling price hit a milestone at $268,450, a nine-month high. Fountainhead-Orchard Hills is a strong buyer's market, due to a big 20 months of inventory left and aided by the dip in sales.
Comments:

$849K  
In this week's report, the number of homes sold in the Fountainhead-Orchard Hills market slid to two over the past 30 days, a decrease of 33.3% from last week's report. Within the same time frame, Hagerstown had 43 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Fountainhead-Orchard Hills, and for this period the median sales price slid from $149,900 to $137,450. Fountainhead-Orchard Hills is a strong buyer's market, thanks to a big 22 months of inventory to choose from and a pullback in sales.
Comments:
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