Emerald Lake Hills Real Estate Market Falls to Upward Trend in Price Cuts

The number of price cuts in the Emerald Lake Hills market climbed to eight over the last 30 days, furthering an emerging positive trend. Despite drops in list prices, sales also decreased to four homes sold. As the number of sellers reducing prices trended up, the median sales price dropped, falling to $1,417,500, a six-month low. Despite the falling prices, a relatively low three months of inventory indicates that Emerald Lake Hills is still a seller's market.

Looking to move to Emerald Lake Hills, but at an economical price? You may want to start with these low-cost listings:

$1.4M   $1.5M   $1.5M  

Get started right now by checking out Emerald Lake Hills homes for sale or reviewing Emerald Lake Hills real estate trends.

Demographic facts for Emerald Lake Hills:

  • The median value of all homes is $1,130,700.
  • Average number of rainy days is 60 per year. (U.S. average: 100)
  • This area has an unemployment rate of 7.5%.
  • The student-to-teacher ratio is 19.7:1. (15.3:1 = national average)

Data reported through 10/19/2016

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Better Homes and Gardens Real Estate J.F. Finnegan
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RE/MAX Star Properties
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Better Homes and Gardens Real Estate J.F. Finnegan
Snapped 19 homes in this area

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