The Fairmount market might be cooling in the coming weeks. Sales stayed steady at one home sold over the last 30 days, but there is a determined downward trend in the number of new listings, with zero going live in the same time frame. As new listings trended lower, prices have been increasing. The median sales price hit $500,000, extending a four-week long spike.
Comments:

With one home sold in the Fairmount 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 zero new listings for buyers to choose from. The median sales price in Fairmount stayed flat at $500,000 while months of inventory was flat at four.
Comments:

Fairmount has a cost of living adjustment score of 94.6, which is much less expensive when compared to others in Maryland. Also, the area is considered much less affluent than average with a median income of $34,392 per household. With a median age of 34 years, homes in Fairmount tend to be relatively old. The best school in the city is Somerset 6/7 Intermediate School.
Comments:

$525K  
The Fairmount market was quiet this week and reported zero home sales over the last 30 days. Fairmount usually averages 0.5 sales per month.
Comments:

$525K  
The Fairmount market was quiet this week as no sales were reported over the previous 30 days. Fairmount usually averages 0.5 sales per month.
Comments:

$525K  
No deals were completed in the Fairmount market over the last 30 days. Fairmount usually averages 0.5 sales per month.
Comments:

$525K  
The Fairmount market was quiet this week as no sales were reported over the previous 30 days. Fairmount usually averages 0.5 sales per month.
Comments:

$150K  
The Fairmount market was quiet this week as no sales were reported over the previous 30 days. Fairmount usually averages 0.5 sales per month.
Comments:

$145K  
Fairmount is a smaller-than-average city in Maryland with 457 residents. Also, it has seen a 12.9% decrease in population over the last 10 years. With an ownership ratio of 55.8%, most people in Fairmount are homeowners. Heading the list of top schools in the city is Somerset 6/7 Intermediate School.
Comments:

$525K  
The Fairmount market was quiet this week as no sales were reported over the previous 30 days. Fairmount usually averages 0.5 sales per month.
Comments:
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