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Thursday, December 26, 2024

Elwood home prices rise in October 2017

Realestate2

The median sale price of a home sold in October 2017 in Elwood rose by $175,000 while total sales increased by 27.3%, according to BlockShopper.com.

In October 2017, there were 14 homes sold, with a median sale price of $500,000 - a 53.8% increase over the $325,000 median sale price for the same period of the previous year. There were 11 homes sold in Elwood in October 2016.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Southold8714.3%$525,000$515,0001.9%
Nesconset1318-27.8%$515,000$442,50016.4%
Brightwaters63100%$510,000$395,00029.1%
Smithtown29290%$500,000$425,00017.6%
Hampton Bays211540%$500,000$395,00026.6%
Elwood141127.3%$500,000$325,00053.8%
Calverton9580%$495,000$310,00059.7%
Setauket-East Setauket211450%$487,500$466,0004.6%
Commack432665.4%$485,000$432,50012.1%
Kings Park14955.6%$477,500$425,00012.4%
Bellport73133.3%$475,000$375,00026.7%

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