The Elmwood market will be more selective in the short term. Sales have fallen this week to 13 homes sold over the last 30 days, and there is also a determined upward trend of new listings, with 17 going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price dropped to $59,900 over the latest reporting period for Elmwood, down from $62,450.
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