$189K  
The Elmwood market may be experiencing an extended pullback, but sales managed an uptick this week of 12.5% to nine homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. As sales trended lower, prices found a top, with the average selling price rising to $84,900, a three-month high. Elmwood is still a definite buyer's market, in spite of the rise in prices, thanks to the availability of nine months of remaining inventory.
Comments:

$102K  
The number of home sales in the Elmwood market climbed 33.3% to eight homes over the last 30 days. Within the same time frame, the Point Breeze neighborhood had 45 sales, the most of all neighborhoods in the area. The median sales price rose dramatically to $81,950 over the latest reporting period for Elmwood, up from $60,750. Despite the uptick in sales, there are still 10 months of inventory left to work through, meaning Elmwood is still a strong buyer's market.
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$139K  
The Elmwood market saw sales remain flat this week with six homes sold over the last 30 days, while new listings rose to 22. Potential buyers should note that prices went up in Elmwood, with the median for this period rising from $36,815 to $60,750. Elmwood is a strong buyer's market, thanks to a big 14 months of inventory to choose from and the flat sales.
Comments:

$139K  
Sales dropped to five homes sold over the last 30 days in the Elmwood market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 20 for the same period. The median sales price dropped to $35,130, down from last week's $35,150. Elmwood is a definite buyer's market, thanks to a big 17 months of inventory to choose from and a pullback in sales.
Comments:

$102K  
The Elmwood market broke below its 12-month average sales volume this week as sales fell 21.4% to hit 11 homes sold over the last 30 days. Within the same time frame, the Point Breeze neighborhood had 39 sales, the most of all neighborhoods in the area. Prices took a turn lower, with the median sales price falling to a six-month low at $35,150. With prices falling, the availability of eight months of inventory means that Elmwood is a definite buyer's market.
Comments:

$189K  
Elmwood is a less affluent than average neighborhood in Philadelphia with a median income of $29,527 per household. The population is also considered much older than most with a median age of 31 years. Keep in mind, 42.4% of the homes in Elmwood are owned, while 42.7% are rented. The best schools in the neighborhood are Comegys Benjamin B School and Shaw Anna H Middle School.
Comments:

$189K  
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.
Comments:

$102K  
Sales fell to 13 homes sold over the last 30 days in the Elmwood market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 16 for the same period. While new listing numbers fell, prices dropped as well. This week's reported median sales price of $43,000 continued a four-week downward trend.
Comments:

$107K  
The number of home sales in the Elmwood market climbed 8.3% to 13 homes over the last 30 days. At the same time, the Pennsport-Whitman-Queen neighborhood reported 48 home sales, the highest number from all of the surrounding neighborhoods. The median sales price rose dramatically to $70,000 over the latest reporting period for Elmwood, up from $50,572.
Comments:

$109K  
The Elmwood market saw 10 homes go under contract and failed to break out of a budding downward trend. Despite that, total home sales rose to 12 over the last 30 days. The median sales price dropped to $50,572, down from last week's $58,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Elmwood is still a definite buyer's market.
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