With a confirmed upward trend of new sellers listing homes, including 17 over the last 30 days, and sales that have dropped to five in that same time frame, the Elmhurst market will be getting more competitive. 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 $154,500 over the latest reporting period for Elmhurst, down from $164,175. With decreasing sales and the availability of eight months of inventory, Elmhurst is a solid buyer's market.
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