$121K  
The Smithsburg market showed gains in this week's report, as the number of home sales rose 50.0%, pushing the total to three homes sold over the last 30 days. At the same time, close-by Hagerstown reported 59 home sales, the highest number from all the surrounding cities. The median sales price climbed to $215,000, and there are a fairly average four months of inventory left to be sold.
Comments:

Smithsburg is an average-sized city in Maryland with 2,975 residents. Also, it has seen a 39.1% increase in population over the last 10 years. It should be noted that at 68.2%, most people own their homes in Smithsburg. The top schools in the city are Smithsburg Elementary School and Smithsburg Middle School.
Comments:

$121K  
With two homes sold in the Smithsburg market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with one new listing for buyers to choose from. The median sales price of all transactions in Smithsburg did not budge this week, remaining at $202,500.
Comments:

$399K  
The Smithsburg market is currently in the middle of a prolonged upward sales trend, extended as sales rose to two homes sold over the last 30 days. All indications show that the trend should continue, meaning more sales over the next few weeks. The median sales price climbed to $202,500, up from last week's $180,000.
Comments:

$124K  
Sales have fallen to one home sold over the last 30 days in the Smithsburg market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to six for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. As new listings came into the market, the median sales price for those homes already sold continued to fall, trending downwards for four weeks to reach $180,000. With prices falling, the availability of 11 months of inventory means that Smithsburg is a definite buyer's market.
Comments:

$279K  
The number of sellers who put their homes up for sale in the Smithsburg market over the last 30 days remained flat this week at eight. Home sales also remained unchanged from the prior period and once again two homes were sold. Pricing in Smithsburg remains consistent from last week to this week, with the median sales price at $189,998 again. Along with flat sales, a relatively high seven months of inventory indicates that Smithsburg is a solid buyer's market.
Comments:

$399K  
In this week's report, the number of homes sold in the Smithsburg market fell to two over the past 30 days, a decrease of 33.3% from last week's report. On the other hand, close-by Hagerstown registered 62 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $189,998, down from last week's $199,997. Smithsburg is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

The population of Smithsburg is somewhat affluent compared to others in Maryland with a median income of $66,170 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 99.0. Homes in Smithsburg are of moderate age with a median age of 18 years. The best schools in the city are Smithsburg Elementary School and Smithsburg Middle School.
Comments:

$279K  
The Smithsburg market closed in on its 12-month sales average this week with three homes sold over the last 30 days. To put it in perspective, close-by Hagerstown registered 69 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Smithsburg, and for this period the median sales price slid from $216,248 to $199,997.
Comments:

$119K  
Despite a 100.0% increase in sales numbers this week to reach two homes sold over the last 30 days, the Smithsburg market still shows an established trend downward overall. The median sales price dropped to $216,248, down from last week's $232,500.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Coldwell Banker Residential Brokerage- Greencastle
Snapped 1 home in this area
Long & Foster Real Estate, Inc.
Snapped 1 home in this area
Long & Foster Real Estate, Inc.
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by Black Knight Financial Services. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.