$112K  
Sales fell to eight homes sold in the Elmwood market over the last 30 days. Furthermore, a confirmed downturn in the number of pending transactions continued, with seven completed in the same period. Prices are falling in Elmwood, and this period the median price of all sales fell from $75,000 to $61,100. With a downward trend in contracts numbers and 11 months of inventory still left to work through, Elmwood is a solid buyer's market.
Comments:

$112K  
New listings have increased in the Elmwood market, reaching a high that hasn't been seen since May. There were also eight homes sold over the last 30 days. During the same time frame, Point Breeze county had the most new listings of any other close-by neighborhood with 74. Prices are falling in Elmwood, and this period the median price of all sales fell from $87,450 to $74,850. Elmwood is a definite buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.
Comments:

$189K  
The Elmwood market slowed with a 16.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 11.3 monthly average with 10 homes sold. On the other hand, the close-by Point Breeze neighborhood registered 44 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price dropped to $87,450 over the latest reporting period for Elmwood, down from $91,450. Along with the slip in sales, a relatively high nine months of inventory indicates that Elmwood is a solid buyer's market.
Comments:

$107K  
Elmwood has a population that is much older than most in Philadelphia with a median age of 31 years. Also, it's less affluent than average with a median income of $29,527 per household. It should be noted that 42.4% of the homes in Elmwood are owned, while 42.7% are rentals. Leading the list of best schools in the neighborhood are Comegys Benjamin B School and Shaw Anna H Middle School.
Comments:

$189K  
The number of home sales in the Elmwood market jumped 33.3% to 12 homes over the last 30 days, exceeding the 11.2 monthly average for the last 12 months. To put it in perspective, the close-by Point Breeze neighborhood registered 42 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price dropped to $91,450 over the latest reporting period for Elmwood, down from $93,000. Elmwood is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$104K  
In this week's report, the number of homes sold in the Elmwood market fell to nine over the past 30 days. It marked a decrease of 30.8% from last week's report and a fall below the monthly average. In comparison, the Point Breeze neighborhood had 40 sales in the same time frame, the most of all neighborhoods in the area. Prices are rising in Elmwood, and the median sales price this period increased from $85,000 to $93,000. With decreasing sales and the availability of nine months of inventory, Elmwood is a strong buyer's market.
Comments:

$104K  
The Elmwood market broke below its 12-month average sales volume this week as sales fell 8.3% to hit 11 homes sold over the last 30 days. Meanwhile, the Point Breeze neighborhood reported 43 home sales, the highest number from all of the surrounding neighborhoods. Months of inventory continued a steady fall, trending downwards for four weeks to reach seven months. Elmwood is a strong buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$108K  
Home sales in the Elmwood market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 23.1% to 10 homes sold over the last 30 days. Within the same time frame, the Point Breeze neighborhood had 41 sales, the most of all neighborhoods in the area. Potential buyers should note that prices went up in Elmwood, with the median for this period rising from $59,900 to $71,400. Elmwood is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$108K  
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.
Comments:

$107K  
With 19,727 residents, Elmwood is a larger than average neighborhood in Philadelphia. Also, with 21,394.8 people per square mile, it has an average density in comparison to other parts of the city. The Elmwood market is almost exclusively made up of condos and townhouses, which currently account for 1% of the homes for sale in the area. The best schools in the neighborhood are Comegys Benjamin B School and Shaw Anna H Middle School.
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