$259K  
The number of homes coming into the Paramount-Long Meadow market fell to seven listings over the last 30 days, while sales remained right where they were as once again 11 homes were sold over the same period. The median sales price jumped to $320,000 over the latest reporting period for Paramount-Long Meadow, up from $265,000. With only three months of inventory to sell, Paramount-Long Meadow is a seller's market, in spite of the flat sales.
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$650K  
The number of homes coming into the Paramount-Long Meadow market stayed firm with 10 listings over the last 30 days, while sales remained right where they were as once again 11 homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for Paramount-Long Meadow, coming in at $265,000. In spite of flat sales, a low three months of inventory signals that Paramount-Long Meadow is a seller's market.
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$2.4M  
Despite holding steady in sales this week, the Paramount-Long Meadow market extended a six-week hot streak with a total of 11 homes sold over the last 30 days. Prices are rising in Paramount-Long Meadow, and the median sales price this period increased from $249,900 to $265,000. With only three months of inventory to sell, Paramount-Long Meadow is a seller's market, in spite of the flat sales.
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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. Homes in Paramount-Long Meadow are relatively old with a median age of 36 years. The best school in the city is Paramount Elementary School.
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$209K  
The Paramount-Long Meadow market was active in this week's report, as the number of home sales climbed 25.0%, pushing the total to five homes sold over the last 30 days. At the same time, close-by Hagerstown reported 53 home sales, the highest number from all the surrounding cities. The median sales price continued to fall, trending downwards for four weeks to reach $249,900.
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$2.4M  
The Paramount-Long Meadow market extended a three-week hot streak this week, even as sales remained flat at four homes sold over the last 30 days. The median sales price of all transactions in Paramount-Long Meadow did not budge this week, remaining at $204,250.
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$2.4M  
The Paramount-Long Meadow market took a step back this week as sales fell to four homes sold over the last 30 days. However, the number of homes under contract shows an emerging upward trend, and is now at 15. Potential buyers should note that prices are coming down in Paramount-Long Meadow, and for this period the median sales price slid from $245,000 to $204,250.
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$299K  
The number of price cuts in the Paramount-Long Meadow market climbed to 11 over the last 30 days, furthering an identifiable positive trend. Perhaps due to the decreases in list prices, sales increased to five homes sold. The median sales price rose to $245,000, up from last week's $209,500.
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$250K  
Over the last 30 days, the Paramount-Long Meadow market picked up with three homes sold. In comparison, nearby Hagerstown had 43 sales in the same time frame, the most of all neighboring cities. Prices are falling in Paramount-Long Meadow, and this period the median price of all sales fell from $266,000 to $162,000. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning Paramount-Long Meadow is still a strong buyer's market.
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$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. Keep in mind, most people in Paramount-Long Meadow own their homes, with a 74.3% ownership ratio. Heading the list of top schools in the city is Paramount Elementary School.
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