$109K  
The number of price cuts in the Cavetown market climbed to one over the last 30 days, furthering a new positive trend. Even with the drops in list prices, sales remained the same with one home sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price stayed flat at $315,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$225K  
The number of sellers who put their homes up for sale in the Cavetown market over the last 30 days remained flat this week at three. Home sales also remained unchanged from the prior period and once again one home was sold. Pricing in Cavetown remains consistent from last week to this week, with the median sales price at $315,000 again. There are only two months of inventory available in Cavetown, so it's a definite seller's market, even if sales are flat.
Comments:

Cavetown is much younger than the rest of Maryland, with a median age of 44. It's somewhat affluent as well, with a median income of $63,326 per household. Cavetown is made up of homes that are considered relatively old with a median of 33 years.
Comments:

The Cavetown market should improve in the short term. While one home was sold over the last 30 days, the number of contracts executed rose to three, the highest amount since August. In comparison, Hagerstown had 70 contracts executed in the same time frame, the most of all nearby municipalities. The median sales price of all transactions in Cavetown did not budge this week, remaining at $315,000. With only one month of inventory to sell, Cavetown is a definite seller's market, in spite of the flat sales.
Comments:

The Cavetown market was quiet this week as no sales were reported over the previous 30 days. Cavetown usually averages 0.8 sales per month.
Comments:

$174K  
The Cavetown market was quiet this week and reported zero home sales over the last 30 days. Cavetown usually averages 0.8 sales per month. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks.
Comments:

$174K  
The Cavetown market saw sales remain flat this week with one home sold over the last 30 days, while new listings spiked to two. Pricing in Cavetown remains consistent from last week to this week, with the median sales price at $190,000 again. There are only two months of inventory available in Cavetown, so it's a definite seller's market, even if sales are flat.
Comments:

$190K  
Cavetown is an average-sized city in Maryland with 1,473 residents. Also, it has a lower than average density with 774.1 people per square mile. Cavetown is made up of homes that are considered relatively old with a median of 33 years.
Comments:

$190K  
The number of homes coming into the Cavetown market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. Pricing in Cavetown remains consistent from last week to this week, with the median sales price at $190,000 again.
Comments:

The Cavetown market extended a three-week hot streak this week, even as sales remained flat at one home sold over the last 30 days. The median sales price remained unchanged over the latest reporting period for Cavetown, coming in at $190,000.
Comments:
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