$550K  
Typically, Elkhorn accounts for 1.6 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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$550K  
Once again, no deals were completed in the Elkhorn market over the last 30 days. Elkhorn is used to having 1.7 sales per month.
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Elkhorn is a smaller-than-average city in California with a population of 1,565 residents, and it has a lower than average density compared to the rest of the state, with 325.5 people per square mile. With an ownership ratio of 67.3%, most people in Elkhorn are homeowners. The top school in the city is Elkhorn Elementary School.
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$549K  
Typically, Elkhorn accounts for 1.7 sales per month. This time sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
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$565K  
The Elkhorn market saw zero homes go under contract, and failed to break out of a new downward trend. The market had total home sales of two over the last 30 days, maintaining last week's pace. The median sales price of all transactions in Elkhorn did not budge this week, remaining at $535,000. In spite of contracts trending lower, there are only two months of inventory available, which signals that Elkhorn is a still definite seller's market.
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$525K  
The number of homes coming into the Elkhorn market rose to one listing over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for Elkhorn, coming in at $535,000. There is only one month of inventory available in Elkhorn, so it's a definite seller's market, even if sales are flat.
Comments:

Elkhorn is a city in California. It's affluent and the cost of living is expensive compared to the rest of the state, with a median income of $71,445 per household and cost of living adjustment score of 144.4. Elkhorn is made up of homes that are relatively old with a median of 36 years. Topping the list of best schools in the city is Elkhorn Elementary School.
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$569K  
This week in the Elkhorn market, sales rose to two homes sold over the last 30 days, even with a confirmed downward trend in price reductions, with zero in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Prices are rising in Elkhorn, and the median sales price this period increased from $515,000 to $535,000.
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$569K  
The Elkhorn market picked up this week with one home sold over the last 30 days. In comparison, nearby Salinas had 56 sales in the same time frame, the most of all neighboring cities. Prices were able to find a top with the average selling price rising to $515,000, a three-month high. The increasing prices a low three months of inventory point to Elkhorn being a seller's market.
Comments:

$569K  
Typically, Elkhorn accounts for 1.7 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales.
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