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:
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