Sales Fall in Elmwood Real Estate Market

The Elmwood market slowed with a 7.7% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (11.6) with 12 homes sold. On the other hand, the close-by Point Breeze neighborhood registered 46 homes sold in those same 30 days, the most of all surrounding neighborhoods. Prices are falling in Elmwood, and this period the median price of all sales fell from $43,000 to $41,000. Elmwood is a strong buyer's market, due to a big seven months of inventory left and aided by the dip in sales.

If you're looking for a home with a large living area, then be sure to see these listings that provides more space than any other in Elmwood:

$189K   $109K   $169K  

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

Demographic facts about Elmwood:

  • The population density is 21,394.8 people per square mile.
  • The area's cost of living index score is 91.1. (100 = national average)
  • People in this area have an average commute to work of 38 minutes.

Data reported through 1/11/2017

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RE/MAX Hometown Realtors
10 reviews
Artisan Realty
Snapped 4 homes in this area
RE/MAX Allegiance
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
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