$141K  
Home sales in the Greencastle market remained soft in this week's report as they fell 33.3% to two homes sold over the last 30 days. Meanwhile, close-by Hagerstown reported 54 homes sales, the highest number from all the surrounding cities. Prices are rising in Greencastle, and the median sales price this period increased from $158,900 to $220,500. Greencastle is a definite buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
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Greencastle is a larger than average city in Pennsylvania with a population of 3,996 residents, and it has a higher than average density compared to the rest of the state, with 2,517.1 people per square mile. Keep in mind, most people in Greencastle own their homes, with a 54.3% ownership ratio. The best schools in the city are Greencastle-Antrim Middle School and Greencastle-Antrim Sr High School.
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$144K  
The Greencastle market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at 12. The median sales price of all transactions in Greencastle did not budge this week, remaining at $158,900. Greencastle is a definite buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
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$599K  
Sales in the Greencastle market fell to three homes sold over the last 30 days, while the number of sellers reducing their list prices reached seven, which continues a pronounced upward trend in price reductions. Prices are falling in Greencastle, and this period the median price of all sales fell from $174,450 to $158,900. Along with the slip in sales, a relatively high 10 months of inventory indicates that Greencastle is a definite buyer's market.
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$319K  
Sales fell to five homes sold in the Greencastle market over the last 30 days. Furthermore, a confirmed downturn in the number of pending transactions continued, with two completed in the same period. While contracts were soft, months of inventory were further reduced to four, extending a downward trend to four weeks.
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$599K  
Over the last 30 days, the sale of six homes took place in the Greencastle market. This shows a 25.0% reduction from the prior period but the area remains on a confirmed upward trend. The median sales price of all transactions in Greencastle did not budge this week, remaining at $150,950. There are only three months of inventory available in Greencastle, so it's a seller's market, even with the decrease in sales.
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Greencastle has a cost of living adjustment score of 105.6, which is expensive when compared to others in Pennsylvania. Also, the area is considered affluent with a median income of $50,830 per household. Greencastle is made up of homes that are considered older than most with a median of 49 years. Leading the list of best schools in the city are Greencastle-Antrim Middle School and Greencastle-Antrim Sr High School.
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$499K  
The Greencastle market was solid this week as sales rocketed 33.3% to hit eight homes sold over the last 30 days. In comparison, nearby Hagerstown had 43 sales in the same time frame, the most of all neighboring cities. Pricing in Greencastle remains consistent from last week to this week, with the median sales price at $150,950 again. The rising sales and a low two months of inventory point to Greencastle being a definite seller's market.
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$230K  
Over the last 30 days, two homes went under contract in the Greencastle market, the lowest amount since January. As the market appears to be softening, there were six homes sold over the same period. During the same time frame, Hagerstown had the most of any other neighboring municipalities with 81 contracts executed. The median sales price dropped to $150,950, down from last week's $159,900. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Greencastle is a strong seller's market.
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$599K  
The number of price cuts in the Greencastle market climbed to three over the last 30 days, furthering a new positive trend. Perhaps due to the decreases in list prices, sales increased to four homes sold. Potential buyers should take note that prices are coming down in Greencastle, with the median sales price dropped to $150,950. Inventory is also shrinking, now down to four months worth still available.
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