$569K  
The number of sellers reducing prices in the Elkhorn market trended up to one over the last 30 days, extending a three-week streak. During the same period, one sale was completed. Price reductions numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. With only three months of inventory and rising sales, Elkhorn is a seller's market.
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$519K  
Over the last 30 days, no deals were completed in the Elkhorn market. Elkhorn is used to having 1.7 sales per month.
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$569K  
The population of Elkhorn is affluent compared to others in California with a median income of $71,445 per household. It's also considered an expensive city in terms of affordability with a cost of living adjustment score of 144.4. Homes in Elkhorn are relatively old with a median age of 36 years. The top school in the city is Elkhorn Elementary School.
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$949K  
The number of sellers who put their homes up for sale in the Elkhorn market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold. Pricing in Elkhorn remains consistent from last week to this week, with the median sales price at $420,000 again. There are only two months of inventory available in Elkhorn, so it's a strong seller's market, even if sales are flat.
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$949K  
The Elkhorn market pulled back with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 1.7 monthly average with one home sold. Meanwhile, close-by Salinas reported 43 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Elkhorn, and for this period the median sales price slid from $499,500 to $420,000. Despite the slip in sales, a relatively low two months of inventory indicates that Elkhorn is a solid seller's market.
Comments:

$949K  
The Elkhorn market might be slowing in the coming weeks. Sales stayed steady at two homes sold over the last 30 days, but there is a recent downward trend in the number of new listings, with zero going live in the same time frame. The median sales price of all transactions in Elkhorn did not budge this week, remaining at $499,500. There is only one month of inventory available in Elkhorn, so it's a definite seller's market, even if sales are flat.
Comments:

$949K  
Over the last 30 days, a solid upward sales trend continued in the Elkhorn market, extended as sales rose to two this week. Sales numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. While sales numbers rose, prices climbed as well. This week's reported median sales price of $499,500 continued a four-week upswing. With only two months of inventory available, rising prices, and steady sales, Elkhorn remains a definite seller's market.
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$949K  
In this week's report, the number of homes sold in the Elkhorn market slid to one over the past 30 days. It marked a decrease of 66.7% from last week's report and a fall below the monthly average. Meanwhile, close-by Salinas reported 56 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $579,000 over the latest reporting period for Elkhorn, up from $500,000. There are only three months of inventory available in Elkhorn, so it's a seller's market, even with the decrease in sales.
Comments:

$569K  
With 1,565 residents, Elkhorn is a smaller-than-average city in California. Also, with 325.5 people per square mile, it has a lower than average density in comparison to other parts of the state. Elkhorn is an area where most people own their homes, with an ownership ratio of 67.3%. Topping the list of best schools in the city is Elkhorn Elementary School.
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$949K  
The Elkhorn market looked active this week as sales rose 50.0% to hit three homes sold over the last 30 days. Within the same time frame, Salinas had 68 sales, the most of all cities in the area. The median sales price climbed to $500,000, up from last week's $450,000. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that Elkhorn is a solid seller's market.
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