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Monday, December 23, 2024

Elwood home prices rise in November 2017

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The median sale price of a home sold in November 2017 in Elwood rose by $65,000 while total sales decreased by 7.7%, according to BlockShopper.com.

In November 2017, there were 12 homes sold, with a median sale price of $505,000 - a 14.8% increase over the $440,000 median sale price for the same period of the previous year. There were 13 homes sold in Elwood in November 2016.

The following table compares Elwood to other Suffolk County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Fort Salonga716-56.3%$545,000$557,500-2.2%
Brightwaters3250%$540,000$370,00045.9%
Southold191172.7%$534,000$492,5008.4%
East Quogue154275%$525,000$647,500-18.9%
West Hills10825%$517,500$510,0001.5%
Elwood1213-7.7%$504,999.50$440,00014.8%
Poquott51400%$500,000$680,000-26.5%
Centerport63100%$500,000$436,00014.7%
Manorville49-55.6%$490,000$417,00017.5%
Village of the Branch12-50%$490,000$510,000-3.9%
Wading River151136.4%$475,000$371,00028%

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