$288K  
Sales in the Algonquin market fell to two homes sold over the last 30 days, while the number of sellers reducing their list prices reached two, which continues a new upward trend in price reductions. The median sales price jumped to $255,000, up from last week's $164,450.
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Algonquin is a city in Maryland. It's somewhat affluent and the cost of living is average compared to the rest of the state, with a median income of $69,093 per household and cost of living adjustment score of 119.2. Algonquin is made up of homes that are considered older than most with a median of 48 years. The best school in the city is Sandy Hill Elementary School.
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$189K  
The Algonquin market seems to be weakening, as the number of contracts executed fell to one, the lowest levels since February. Meanwhile sales came in at four homes sold over the last 30 days. In comparison, Easton led all other nearby municipalities with 30 contracts executed. The median sales price dropped to $164,450, potentially helping to offset the four months of inventory left to be sold.
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$269K  
In this week's report, the number of homes sold in the Algonquin market slid to six over the past 30 days, a decrease of 14.3% from last week's report, but still above the monthly average. Within the same time frame, Easton had 30 sales, the most of all cities in the area. Prices are rising in Algonquin, and the median sales price this period increased from $182,000 to $194,410. Despite the slip in sales, a relatively low two months of inventory indicates that Algonquin is a definite seller's market.
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$362K  
The Algonquin market has established a recent upward trend, reiterated this week as sales rose 28.6% to nine homes over the last 30 days. Prices are falling in Algonquin, and this period the median price of all sales fell from $208,921 to $179,900. The higher trending sales numbers and the fact that there is a lower-than-normal one month of inventory to work through indicate that Algonquin is a solid seller's market.
Comments:

$362K  
Over the past 30 days, there have been fewer price cuts in the Algonquin market, continuing a six-week declining trend to land at one. However, home sales were up to six over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price rose to $229,460, up from last week's $195,000. With only two months of inventory and rising sales, Algonquin is a definite seller's market.
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Algonquin is an average-sized city in Maryland with 1,241 residents. Its population is growing about even with the rest of the state, at a 10-year growth rate of 8.5%. Detached homes account for 100% of the area's current housing market. Topping the list of best schools in the city is Sandy Hill Elementary School.
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$289K  
The Algonquin market saw sales remain flat this week with three homes sold over the last 30 days but new listings fell to two. Pricing in Algonquin remains consistent from last week to this week, with the median sales price at $140,000 again. Despite the flat sales, a relatively low three months of inventory remaining indicates that Algonquin is a seller's market.
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$339K  
Over the last 30 days, the Algonquin market got good news with three homes sold. It marks a 200.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, close-by Easton registered 22 homes sold in the same time frame, the most of all surrounding cities. There are four months of inventory remaining in Algonquin, and the market is swinging toward the seller, but that may be offset as the median sales price dropped dramatically to $140,000 this week.
Comments:

$289K  
Despite a confirmed downward trend in sellers reducing price, including one markdown over the last 30 days, sales in the Algonquin market ticked up to one over the same stretch of time. Despite the uptick in sales, there are still 11 months of inventory left to work through, meaning Algonquin is still a solid buyer's market.
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